SALE OF NGAURUKEHU SECTIONS

Taihape Daily Times, Volume XI, Issue 3413, 18 February 1920, Page 5

SALE OF NGAURUKEHU SECTIONS

The Gretna Hall was packed on Tuesday, when the various sections in the estate of the late Mr Davenport Ledward, at Ngaurukehu, were offered for sale -by public auction by Messrs Murray Roberts and Company, in conjunction with Messrs Levin and -00., of Wan‘ganui. S l It was expected that there would be a great demand for the land oflfered, as it includes some of the best land in this district; but the'bidding was anything but lively, and the prices real-i ised were not up to the figures set down by competent judges as being fair value for the sections.‘ The conditions of sale were rather too severe to enable any but those with a large amount of cash to bid, and most of the sections passed into thelhands of adjoining owners. Hadthp conditions been less severe the prices realised would certainly have been better’: as it is the general opinion that the propegtfies did not realise their full values. Following are the particulars of sale:—--ESTATE OF LATE Mr. D. LEDWARD FREEHOLD ‘SECTIONS. ‘Lot 1, 2662. Ir, Mr H. Steadman, Ngaurukehu, £ll7 per acre. Lot 2,5523. 2r, Mr W. Duncan, Wl3.n- 1 ’ vanui, £23 per acre. ! Lots 3 and 4, 3463, Mr R. Siddells, Taihape, £2O per acre. Lot 5, 200 a, with house, Mr H. Steadman, £25 per acre. ; Section 21‘, Kawhia Township, £6B,‘ E. Morgan. Section 11-, Mlataroa, Mr V. H. Whitehead, £4O. Section 1r 18p, Mataroa, Mr R, Cleaver, £27. LEASEHOLD SECTIONS. ‘Lot 6, 3343. Or sp, Mr H. Steadman, £l3 per acre (with homestead). MISSES LEDWARD’S PROPERTY. W ‘ Lot 1,544 a3r 12p, Mr D. McKay, Mataroa, £3O per acre. Lot 2, 1173, Mr E. Steadman, £l6 per acre. _ LEASEHOLD SECTIONS. Lot 3,266 a 11', Mr H. Steadman, £8 per acre. _ Lot 4,372 a. Mr H. Steadman, £8 10/ per ‘acre. ESTATE OF LATE W: KINCAID. Four town properties at Taihape, in connection with the above estate were oifered, but none of the bids received were up to the reserve, and the sec- . tions were passed ‘in. 4-nu