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GISBORNE.

Monday*

Mr Eees was unable to leave here on Saturday. Ifc seems that a thorough ripping up of a number of land titles in this district will be necessary before matters can rest on a sound basis. Startling revelations are being made by the natives respecting the mode in which | sales and leases were negotiated in past years. Relative to Messrs Baker and McDonald's run, these gentlemen have been interviewed with the hope of having the title adjourned. A meeting between Mr Rees and the natives and Europeans is fixed for Wednesday, when efforts will be made to settle differences without appealing to the Supreme Court. The Hinemoa, with Sir John Coode on board, has just arrived. Captain Chrisp, the pilot, went on board with the requisite information regarding the harbour. Sir John Coode is now inspecting the harbour. The Hinemoa leaves to-night for Tauranga, calling at White Island.

The G-isbome Land Sale. The sale of Patutahi lands, which is to take place to-morrow, has created a great deal of interest. Intending purchasers from all parts of the country are represented here, and the hotels are crowded. This day.

Mr Tole, Chief Commissioner of Waste Lands, begins selling at noon to-day by public auction the Patutabi block, comprising over twenty thousand acres of excellent land, cut up into town, suburban and country sections. This sale has created great interest for a long time past. Speculators from all, parts have been going over the land, but many who have inspected it during the past few days have given up ihe intention of competing at the sale, in consequence of the upset price, they think, being too high. It is said some of the best portions of the land, both pastoral and agricultural, are excluded from sale. Over 200 persons have visited the district during the past week. Later.

So large a number of persons had assembled that it was necessary to adjourn the sale to the Court yard, adjoining the court house. The town sections at Patutahi were first submitted to auction. Quarter acre sections, the upset price being £15, realised £20, £25, and up to £30 for each quarter acre.

Latest. The sale of the town sections has now concluded; in some cases, quarter acre sections realised (£sl) fifty-one pounds. The portion laid out for a township, about forty-five acres, realised over four thousand pounds. • Very Latest. The suburban lands realised an average of sixteen ten (£l6*los) per acre.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18780521.2.9.2

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume VIII, Issue 2890, 21 May 1878, Page 2

Word count
Tapeke kupu
410

GISBORNE. Thames Star, Volume VIII, Issue 2890, 21 May 1878, Page 2

GISBORNE. Thames Star, Volume VIII, Issue 2890, 21 May 1878, Page 2

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