1
503
premium and $300 per acre Crown Rent. Taking these figures
-the total value would be
Premium 20,000 Square Feet @ 50 cents .$10,000 Crown Rent
$138 X 14 or capitalised
at 7%....
1,971 711,971
2.
I shall be glad to know in due course
whether you approve of the grant of this land for the purpose
mentioned in the Petition, with the usual proviso that the
land must be handed back to Goverment if it ceases to be used
for the purpose for which it was originally granted.
I have the honour to be,
317,
Your most obedient
Humble servant,
Henry asslake
Governor, &0...