NEW ZEALAND THAMES VALLEY LAND COMPANY.

Waikato Times, Volume XXXVI, Issue 2883, 6 January 1891, Page 3

NEW ZEALAND THAMES VALLEY LAND COMPANY.

'I'm,: ordinary general meeting of *lii» company was held 011 the l!>ih -November. Mr J. Clerk, \vli<» presided, moved the adoption of the report, aud stated that when the company purchased the land they now held they hoped to resell it again lit u profit, lint up to the present they had scarcely .sold any. He thought that iu time the property would turn out profitable. Tu consequence of Ciillh: that had Ik -:i made, tho debentures had beeu eiiti' ely paid (,IV, in respect to which they were now ] free from all claims. During the year they had lost -1 ~>SS sheep, amounting to :'>•> per cent, o! whole, which had been caused b\ placing them upon land that was too rich. It it had not. been for this loss they wotil t have made ,i considerable profit". Hegiirdinp- the estate, 1;i":'" 11 ; -id been a eomidentblf nmoent el land "nelo.-wl. Mr !iieh. tie; fcvnerd iiinnasjcr. rei>ort".l th:it Hi.: a>'i.;>-.*T bad onlv now :,: viv dl. : 3-■ ; .. wh:'H an wic.-tiv: e 1 li • i. "'n tho estate, owincr to the ::r i-'sui.; fonsing which had ben < : ■ ■ 1 (principally ■ will)the lust 1-

(i,. ~.,.„p-:«ivr: p,-..1,'-rt V AH this ..u-.i.-v -f '--.pilal Would give U vi!i%f;«r.iory return, as well ill,. < -q>eiidiuirc autlioii;( d :-'i' the , 1!! ! ,-i 11 '.eir. Kl- I'llld WHS ~f r !|■i:ll il N Ii i' 111 that in tlie . l , il .l,l,o,:i'Lend of l.iehfield. It Was ti'ifortuna. e th;,t a eon^lei able ;nil oui.i ,f the capital. .spended during I'm' iir<l i lit'-c vc:i]'X nf .cr Iho ti»nnn,j„„ of the company. gave but Utile, if ILIIV. t ;tr nilitr ]n>\wi\ tor the town of l.iehfi.-ld. which was cliosen by the surveyor in ihe employ ~(• till* Vendors. wn< un I ort in e: ie. the land lln-re and in the muni ilia-o--,l,'iLrhboiirhood being very iiir.eh below t'le aVereiJ'" rpedily of tie i om |;a nv S> 1 .."'opei'! v. 'ii.e I-. asimai.le antiei lions eniei: iiii"d I.s to tee -ale and ~ ::lftnrlit ol' til" ' t::t" lu.'l HeV, r h:*.■ i. :.nv ie:ili'.a'ioii, ov,m- to tue extr.ionliii;:!",' eollaps- wi.ieu b-1 e t'.. ■ eo.ony .vif. to tiic s- 1 ! Lloni n rii i>* Immils. .''iiseq„..ntly I lie )>.!•-.» rui'biy in. survv of lowi'.sbip. .-übnrban. ainl ruiai land:-', in the (reetion of eolMires buildines. etc.. undei latco ni_i.ic ... of Sl.■"'!!>• set t lelle-n! . renviue.l 'ilead. --M'" 1 1 • K'iinbcr. M>t:otided the ■m-'pium ot the leport, and it wus c;:i'i'i' o.