436
foot from 30 to 20 cents on the lot to be sold, and from 20 to 10 cents for the Extension .I am also prepar
ed to accept the annual value of the 10 cents for
alme
the new lot, over and about the price named by Mr.
Ormsby in the shape of a crown rent,-The
amount of
which would be $4014 being 25 th.of $100840.
This sumpan be added to the $200
per acre proposed in the D.P.W.'s letter of 28th.Feb. either as an addition to the new lot only, or to the whole, including the Extension; thelatter would I think be the better course. The lot could therefore be put ip # as suggested at 10 cents a foot with a crown rent of $335 8 acre, and the extension granted on the same terms, or, the new lot could be put up at 10 cents a square foot with a Crown rent of $375 per acre and the Extension may then be granted at 10 cents per foot and $200 per acre
Crown rent.
H.A.B.
81/3.
Hon.D.P.W.
Will you please communicate with Messrs Butterfield and Swire and ascertain if they will accept His Ex- cellency's terms.
lion.Col.Secy.
F.li.M.
31/3/900.
Herewith a draft letter to Messrs.Butterfield and Swire for approval. The other conditions of sale have not yet been formally approved.
R.D.0.
D.P.W. 23/3/900.
Hon.D.P.W.
The letter embodies all the conditions.
F.1.M. 24/3/900.
lion.Col.Secy.
Noted.
R.D.O.
D. P.W.
24/3.