BOARD OF COLLEGE GOVERNORS.

New Zealand Times, Volume XXXII, Issue 5030, 8 May 1877, Page 2

BOARD OF COLLEGE GOVERNORS.

A meeting of the Board of College Governors was held at the offices of the Education Board yesterday at noon. .There.were present,. —Mr. Bnnny (chairman),' the Rev. J. Paterson, and Messrs. Jackson, Brandon, Travers, and Hutchison. MINUTES. .. ■.•■;.; The minutes of the previous meeting were read and confirmed. BANK, ACCOUNT. .-..-■• The Secretary stated that the bank over- ; draft amounted to £590 18s. 2d., explaining that he had obtained an increase on the strength of an advance o£ £250 coming from the Government. FINANCIAL. With reference to the grant of £ISOO applied for by the Board some time ago, the Secretary, - in answer to the Chairman, stated that he had received no reply from the Government to the letter of the 23rd of March, and he was instructed to communicate with the Government again, calling their attention to the matter. THE EXCHANGE QUESTION. As to the adjustment of boundaries of certain reserves as between the Hospital Trustees and the College Governors, Mr. Brandon stated that by the agreement the entered into by the respective parties had been carried out. The arrangement was acknowledged to be satisfactory.. . '...":',..■■' ' MB. CLAYTON'S APPLICATION. The Secretary read.a. letter from Mr." Clayton, enclosing a copy of r the plans of the houses he proposed to erect on the section in respect ef which he made applications to the Board, and stating also that they would cost more than the sum of £4OO each. Mr. Graham informed the Board that he had referred the letter to Mr. Brandon, the

Board's solicitor, and the opinion Riven by him was that two houses could not be erected on one section without the sanction of the lessor. Mr. Johnston objected to tho houses being erected, en the ground that the original terms and conditions of the sale by auction would not be complied with. Mr. Graham stated that Mr. Johnstons chief ground of objection was that the houses Mr, Clayton proposed to erect would obstruct the view from his residence. Mr. Paterson pointed out that tho l>oarcl having bound other parties to the terms_ of agreement, they should not make an exception in the case of one. "" Mr. Travers said his own impression was t*-*t the conditions of the sale at auction formed a c-ontraet binding upon all parties. Mr. Graham said lie wrote to Mr. Clayton, stating that his objection was the obstruction of the view from his house, and advised linn to see Mr. Johnston with a view of disarming his opposition; but Mr. Clayton had not taken the trouble to act on that advice. Mr. Paterson said they Bhould look at the question in the light of fairness to all the other parties holding land under like conditions with Mr. Clayton, and therefore moved that the original conditions under which the land was put up for sale by auction be adhered to. Mr. Travers seconded the motion, which was carried unanimously. APPLICATION FOR EXTENSION OF LEASE. Mr. Waring Taylor, the lease of whose land held under the Board expires in the year 1880, applied to know on what terms the Board would grant him an extension of that lease for 21 years. It was arranged that Mr. Taylor should be advised that he might either enter into the same covenant as Mr. Margetts in respect of his joint lease, or otherwise surrender it, and it would then be put up at auction in the ordinary course. THE COLLEGE GROUND. Mr. Travers suggested, in view of the fact that the Board were in need of funds, and as the land occupied by the College was very much more extensive than would be required for some time to come, that if a portion of that land were cut up into sections it would be available for building sites, and become a valuable source of revenue to the Board. The example set by the success of the Hospital Trustees seemed to encourage this idea ; and he was perfectly confident that the sections could be let for building leases for a term of 42 years. There were 75 acres round the College, and it appeared to him that if 20 acres were retained the College would be amply provided. This idea was generally concurred in by the Board, and a resolution was passed to thi3 effect -.—That it is. expedient that a portion of the College property should be subdivided by building leases for a period not exceeding 42 years ; : and that Messrs. Brandon, Travers, and Jackson be a committee to inspect the land and make arrangements for the preparation of plans. This concluded the business.