COLLEGE GOVERNORS.
At the coating of the Board of College Governors, yeaterclay, the report of the Committee appointed to visit the reserves owned by the College and Girls' High School was brought up and read. The report gave the description of the various endowments visited by the Committee. Dr Newman, the Chairman of the Committee, according to the Post, remarked that in drawing up the report he had written a recommendation as to the disposal of the land, but in this recommendation Mr Bunny and himself did not agree. Mr Bunny desired that the land should be sold; but as the Premier was against this course adapted lie (Dr Newman) was also averse to selling the land. He had seen Mr Stout on the subject, and the Premier had refused to give his sanction to the land being sold. Mr Bunny said he saw no way of getting the money to pay for the building of the Girls' Hi?h School unless the' land was sold. Mr Stout was not in favor of their selling the land, but the present Government would not be in office for ever, and their successors might be moro favorably" disposed, Most of the land would sell at the present time at from 25s to 30s per acre, and this would give the Governors some £7OOO. Some 3000 acres might also be leased on the perpetual leasing system, and this would bring them in a large sum. He gave notice that he would move the following resolution at the next meeting That the College Governors apply for authority, under the Land Aot 1885, to sell the Paraekaretu Block and also the land owned by the Governors in Palmerston North, and for authority to lease the reserves in the Mangaone block, belonging to the Girls' High School, upon the perpetual lease system." Dr Newman said it was perfectly idle to put up large blocks on lease, as it woiilcj pimply mean ruin to small people. But if the land was put up in blocks of 200 or 300 acres, they would be taken up by men living in the neighborhood, and at the end of the term of the leases the land would revert to the Board at greatly increased value. The Governor-in-Council could give them the power to sell the land if they thought lit. Mr Blair moved that the report of the Committee be adopted. The resolution was carried,
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Wairarapa Daily Times, Volume VII, Issue 2133, 30 October 1885, Page 2
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404COLLEGE GOVERNORS. Wairarapa Daily Times, Volume VII, Issue 2133, 30 October 1885, Page 2
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