CHARGE AGAINST LAND BOARD
SALE OF AN ESTATE (THE SUN’S Parliamentary Reporter.) WELLINGTON, Wednesday. A breach of confidence on the part of the Land Purchase Board is alleged by Matthew Henry, Ruakura Road, Hamilton, who has petitioned Parliament seeking compensation of £I,BOO. Petitioner says that the Land Purchase Board had divulged his business to the New Zealand Loan and Mercantile Agency Company, Ltd., and tho company had used this information and the weight of a second mortgage to compel him to sell the Balachraggan Estate, near Waitoa, to the Government at under its fair value. The boa.rd agreed not to divulge his business, to the company, while three members of the board were agreeable to his receiving £I,BOO above the price at which the Government took over the property. He asks that the transaction be inquired into by two judges to decide whether he was given a fair price, and the amount of compensation, also that the £I,BOO should bo paid over.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19271027.2.132.1
Bibliographic details
Sun (Auckland), Volume 1, Issue 186, 27 October 1927, Page 14
Word Count
162CHARGE AGAINST LAND BOARD Sun (Auckland), Volume 1, Issue 186, 27 October 1927, Page 14
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