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the necessity of buying it at public auction.
2.
The total area of the
lot which they
now
hold is
53 acres and that of extension applied for
60 acres.
3.
the
some
The whole of the
extension will have to be
reolaimed
from
the harbour
and the terms which I have agreed, without. prejudice, to recommend to Your Lordship for approval,
and
and which the applicants
are
-prepared to accept
follows:-
are as
(1) That they surrender their present Farm Lot lease- in respect of Farm Lot W: 13 and take out (a) in lien -
there of
an inland lot lease.
for a portion of the lot, and
a
for
the
farm lot lease remainder, the new leases
in each case to be
years; lease
and (b)
for
the
for 99
a marine lot.
portion of the
extension.