MASTERTON TOWN LANDS.

Wairarapa Daily Times, Volume 3, Issue 841, 3 December 1881, Page 2

MASTERTON TOWN LANDS.

The usual monthly meeting of the Masterton Town Lands was held laatevecing. Present—Messta Feist (chairnlaii), Wrig. ley, Hare, and Perry. The minute* of the previous meeting having been read and confirmed, .a letter. was read from the lesiee of the Town Hall, enclosing a quarter's rent... ; * The Treasurer reported the overdraft to be £5617s Bcl| and rente in arr&.to £B4 lis.

The following accounts were passed for paymentJ. Payton and Co,, £2 Is 8d; Smith and Hogg, £1 8s 6d: and T. E. Price, lis. j,,., : The Clerk reported' that there was a long outstanding account amounting to about £BO due by the Trust to 'Mr Beard for leases, and the Chairman -was appointed with Mr Hare, on the motion of Mr Perry, to examine the aocount and report upon it,

QREYTOWN TOWN BELT. The Clerk presented the following report 1

Council Chambers, Masterton, November, 1881. Sir, —I have the honor to report that, in obedience to your instructions, I at tended the sale of the leases of the Greytown Reserve on the 7th November. Previous to the sale I examined a rough plan of the sections, from which I found that the Greytown Trustees had reserved several Beotions from sale for the purposes of school, crioket ground, and other objects. The sale was well attended, but bidding, with a few exceptions, was not brisk. Reserves had been placed upon all ; the sections, and in addition to the. usual covenants of leases, the following conditions were made Term 14 years from the Ist January, 1882, Rent payable half-yearly,' in advance; lessee to fence with post and four-rail fencing, which must be kept in repair, and Property Tax excepted. The latter olause, I am not quite sure, but believe it' to be to exempt the leases from payment of the tax.

1 append a schedule of the lands, allowing yearly rents, tenants, date. of expiry of leases, reserves, and unsold sections. mu m • I Imve, &c„ 'The Chairman Town Lands Trustees, . . Masterton, ' The following is a summary of tho whole of the sections 26 sections, now let for £4llos 6d, former rent, £27 18s, being an inorease per annum of i-1815s Gd. , . 10 sections unsold, former rent £lolos. 17 sections reserved, former rent £,l 7s, 9. ditto, not yet expired, former rons 3' beyond the Hospital (?), apt own Belt, unlet. 2 . ditto, each la. Br. OOp. (?), Main lad, not' Town, Belt unlet. i The reserve prices on the 10 unsold sections are at £2 2s each—£2l. The reserve prices on the Beotions adjoining the 7 sections withdrawn are 42 2s, eqifal £14145, • Tlji yearly value qf the whole is nqw about equal to—--26 sections £4l 10 6 10 do 1010 0 7 do 1414 0 9do ... ... 90 0

£76 4 6 Mr Hare said that the report was ar, very valuable one, and moved that it bo entered ujion the minutes. He thought it was fioVdfisjriiJjlo'JO' t'tikp aotioii the resjjrvefj' ptjons fsei sections were placpq, ' '''' v "' JIfSUR^IJCEg. It WW ftgrqed tq allqvy the Qlerk p extension of (imp foy reporting rfl irißUV' ances on buildings in the Trust proper* ties. SCHOOL GRANT, Mr Hare said tho grant to the sohool had been rescinded, and that a fresh application would have to be made. He desired to postpone the motion of which he had given notice, as it would be better to deal with the Institute when it sent in an application, and he did not think that the Park should be starved.

The Chairman thought the belter plan would be for Mr Hare to withdraw his piotipj), Ho to opposed to it, Mi? 1 l'pwy Bupgpripitlfp'jMipUbeing.lield over, (is lip 'tlVonglit tiip ftteinbeii who represented tlio Sohool Oommittoo ought to have been present, ' : Mr Hare thought tliM 1 it would bo as well to withdriwjiis of motion. Tlio Chairman: There will be nothing moj'e paid to tlio school till a new appli-, cation is made, The meeting then