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OTOROHANGA.

(Own correspondent.)

The sale of sections advertised by the Maniapoto Land Board was held here last week. -?Mr Seymour wielded the hamm3P»in a very efficient manner. Turner’s hall was packed with local buyers, and also speculators from other parts. The bidding was spirited, and at times even exciting when a more anxious party would follow several ssi bids with a bid of £l, only to be outbid by another party with an extra 2s 6d. For some of the sections the auctioneer would ask if there was any offer at the upset price, say £2, and in numbers of instances he would state that £5 was offered in 16 to 20 places, and rapidly the price would rise in £1 bids. There were about 80 sections offered, and in not one instance was there any lagging, every section realising a big price. The bulk were very nice residential sites, and when built upon they will make Otorohanga a largesized town. In his opening remarks Mr Seymour apologised for the scarcity of plans, but he had been unable to procure more from Wellington. It was not necessary for him to dwell on the possibilities of Otorohanga, but as a resident of seventeen years he had watched its growth, and he always looked on it as the coming dairying district. He knew the quality of the land, and how almost the whole of the unlimited surrounding country could be turned over by the plough. He He looked upon Otorohanga as one of the coming townships of the King Country, and 7a very sound one, too. He then read the conditions of the sale,' which were at the highest price bid for the first 21 years, with right of renewal for further periods not exceeding 21 years at values to be fixed, and full compensation for improvements. The summary of the results show the total upset prices as £179 10s, against which total rents offered amount to £513 I2s 6d, being an increase of £334 2s 6d.

On Tuesday evening Mrs A. E. Holden held the first of her fortnightly dances. There were a number of dancers present and just enough couples to make dancing comfortable. The floor was in excellent order, and Mrs Holden supplied her usual good quality music. • Dancing .was kept up tiy midnight with an interest for a very dainty supper. Mrs Holden intends to hold these dances every second Saturday for the season.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAIPO19110502.2.10.1

Bibliographic details

Waipa Post, Volume I, Issue 5, 2 May 1911, Page 2

Word Count
406

OTOROHANGA. Waipa Post, Volume I, Issue 5, 2 May 1911, Page 2

OTOROHANGA. Waipa Post, Volume I, Issue 5, 2 May 1911, Page 2

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