THE SETTLEMENT OF PATETERE.

Waikato Times, Volume XXII, Issue 1828, 25 March 1884, Page 2

THE SETTLEMENT OF PATETERE.

Thi: following interesting adveitisement i elating to the sale and settlement of the Patetoio block appears in a publication called "The Estates Roll," a London publication .—. — New Zealand. — Freehold. — About 2.")0,000 acre^, situated in a healthy and fertile district in the province of Auckland. The propei ty is well watered by clear running streams, and the quality of the hod being rich throughout is well adapted to the breeding of sheep and the raising of cattle. It is now ready for the plough, and will be found easily adaptable for the cultivation of wheat, oats and other cereals, as well as for root crops, English grabs and clover. Similar and adjacent laud has ieturned4o tons of mangold wiutzel, and 25 tons of carrots to the acre. Potatoes grow vigoioubly, and self-sown clover is found in many parts of the block. The main lailway line southwards, from Auckland is now open to Cambridge, a distance of 25 miles, with which the communication is established by load. A branch line, however, is nearly completed, and from that another line is in course of construction thioiigh the block to the famous Hot Lakes district, of which the chief settlement is distant only about 20 miles from the propei ty. The coach roads to Tauranga, Ohinemutu, and Like Taupo pass through the block, and cross roads in connection therewith will be speedily formed. The hist township, CMveimg an aiea of about 800 acres, is being surveyed into small sections foi the occupation of tiadesmen ar.d othcis. Upon some of these sections small houses will be erected for tempoiary accommodation, at a small reutal by settleia immediately on their arrival from England, until they have selected the site of their farms in the ruial districts. The present upset pi ice of rural lands is from o0» per acre, cash. It can also be taken on lease for a period of five or six yearn at a fixed rental with a l'ght to pin chase the freehold at the expiration of the term at a l>i ice per acre to be previously agreed with the manager. Farmers proceeding from England can, if they desire, pay for their land by easy instalments, the terms being as follows: Ten percent, deposit, afterwaids 5s per acte per annum for the first five years, and the balance at the end of the sixth year. The respective bilances meanwhile will bear interest at the following rates payable at the end of each year :—: — First year, si\ per cent ; second year, seven per cent ; thiid year, seven per cent ; fourth year, soven per oent } fifth year, eight per bent ; sixth year, 10 per cent. By this system it is hoped the settler will bo able to use nearly the whole of his capital in stocking his land, in bringing it under cultivation, effecting general improvements, and at the expiration he should have made profits sufficient to pay off his balance. In thus manner he should find himself with a freehold propei ty, well stocked, in good cultivation, and a fanamount of funds in hand." About a year ago we looked upon the settlement of Patetere as a thing of the immediate future, but under the above process of settling farmers ou the land, we think that some considerable time must necessarily elapse before the Patetere country is a thriving and populous .settlement^ Considering the present value of laud in the Waikato district, and its superior condition, we think that the price per acre set upon the Patetere land (50s) is very high. Of course, the railway at present in course of construction will not only give an increased value to the land, but will likewise assist materially in the development of the settlement. The land, generally speaking, will require to undergo a long period of training before it will be able to yield payable cereal crops. It will, therefore, be some considerable time before the country contributes much to the support of the railway now being njade, The company is at present e.reotfng the small aottages for the temporary residence of intending settlers referred to in the advertisement, and already a good few have been erected.

Mr Grigsberv, Tauwhare, advertises a pony running: on bis farm. Messrs Hunt and White, contractors for the Thames- Waikato Railway advertise for navvies. Mr W. M. Hay has been authorised to collect debt* owing to the estate of W. Cumming. Mr Tamihana Ngapepo offers a reward for the recovery of two horses. Messrs Clark and Gane will sell furniture, &c. at Cambridge r| an early date. Tenders are Uvited by Mr D. Eillett, Harailt in, for additions to a house. Mr Gabiiel Lewis will sell at Auckland, the Royal HotcPand grounds, Hamilton, on April 10th, at twelve o'clock. MrJ. S. Buckland sells at Ohaupo on the Ist Apr ', stores, fat cattle and sheep, and at Cambridge on tho 23th inst., a lot of fai m implement* ; :.lso, the cross-country horse Jed waler. The engineers to the Waipa County Council invite tender; for a large amqunt qf mair) road works in ttye cpunty, Full particulars \f\\\ bp found in the advertisement in another column; Mr John Knox will sell 'at his auction mart, Hamilton, on Saturday, April sth, by order of the Registrar of the Supreme Court, tho farm of 100 acres at Kirikiriroa, now in the occupation of Mr J. W'. EUiiori, with all the buildings, &c, thereon. . Also 1 , at the same time and place, .and also' by order, of the, Registrar of the i Supreme Court, the well-known farm, "Wood•tock,' Piako Road,- of <■ 200 - acres/ lately 3 in 't^ Bccu£a.t}qn j)f Mejiiri ß^attc^sinip ßrw, !'•",