NEW ZEALAND ESTATES COMPANY.

Waikato Times, Volume XXXVII, Issue 3022, 26 November 1891, Page 2

NEW ZEALAND ESTATES COMPANY.

« — Thk E«t«tps C'i'iii' nv, in piirximnca of a gdnerai jMiliey .iijri'ed iipni wlißiitho Oninpany wm funind some twelve months nee, has commence] the r-iilis<ticin of il.i ««sets in real earnest. Oi tlio 2'! ii "f last month the Company held n large and successful sale of its properties in the Grisbyrne district. Tho scene :>f operations lias now been transferred to tin) South Island, where it is proposed to submit to snle in the early part of year some of the choicest pastoral and agricultural land in that part of the colony. It will bo seen from a perusal of the prelimiuaiy advertisement that the properties to l>r< dealt with consist ofo'3-l.un ncr»s of lirsc-ulii-s free-hold and and leasehold land with 212,000 slinep, al<o cattle, borses, etc. Tha laud will be cut up into suitabld areas for purchasers. Tho •ale i>, \vn iindci'utiinr), the onto 'in' of n Runetal <uhcu>e for re wiiinh Ins been iimicr thecunsi>i<TaCi >ti uf trie and colonial Hoards uf tha GompaUy fur some months past. The Estates Company was brought info existence to liquidate ieisniuly and ns opportunity offered, what H known a.s the •'ln glofco" assets formerly the property of the ]>uik of Xew Zealand. It was officially announced in London some time ago that the Company's operations in this respect had so far been eminently satisfactory, and in the present instance we believe thn reserves placed on the propprt'es (.. tin in April next sh"nl>!, in tl'o li.'li? of iv'ur.i-i, be Hiicli -\y will s.iti-,fy ii'iy b ma iida in search of an in - • .sttn- ii in hro.d ~c.vs . \V« ilnnbl n"t, Kip■ rf .re, th-it the s-.ln of rh- C unii-iny's S mtlicrn ■t"'* w>ll hf> rvi n iri'iiv sncc<-«sfol Mi.hi t'm me tbirthteJpt'joJt rtawatUkbojae.—ilt«Jrl,