CO129-005 - Sir Henry Pottinger - 1844 — Page 37

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35

be held at the

average rate at

which similarty situated lots may

sell at the

ensuing sale, it being

clearly understood that Government

will be entitled to all advances

profit that

transactions may

of

The

acerul, on

17.

these

same rules as

to

improvements, transfers, to, that have been already laid down, and communicated to you, will of course, be minutely applied to the lots under

discussion.

from

Your Committee has seen Her Majesty's Gracious Instructions to the Governor, that all lots under whatever denomination – to be sold

are to be

2 in future,

to be put up

at

an

upset price to Public Auction, and His Excellency thinks that that upset price should be the same

that

that corresponding lots, whether Marine

br.

Town lots, bear in

your classification,

that the lots should not be allowed

to go

below such upset price, and that any advance made beyond the upset price by intending purchasers should be in the shape of annual bonus or premium,

rent, and not of

a

the adoption of which latter mode

would probably, owing

You

have stated, deter

to

the

many

reasons

individuals from coming forward to bid, thereby tending to check the rapid increase and prosperity of the Colony, and certainty in the end; less advantageous

proving

"Revenues of the Crown...

You

to the

In conclusion, I am to inform that His Excellency will be

happy to receive, and give his best

attention:

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35be held at theaverage rate atwhich similarty situated lots maysell at theensuing sale, it beingclearly understood that Governmentwill be entitled to all advancesprofit thattransactions mayofTheacerul, on17.thesesame rules astoimprovements, transfers, to, that have been already laid down, and communicated to you, will of course, be minutely applied to the lots underdiscussion.fromYour Committee has seen Her Majesty's Gracious Instructions to the Governor, that all lots under whatever denomination – to be soldare to be2 in future,to be put upatanupset price to Public Auction, and His Excellency thinks that that upset price should be the samethatthat corresponding lots, whether Marinebr.Town lots, bear inyour classification,that the lots should not be allowedto gobelow such upset price, and that any advance made beyond the upset price by intending purchasers should be in the shape of annual bonus or premium,rent, and not ofathe adoption of which latter modewould probably, owingYouhave stated, detertothemanyreasonsindividuals from coming forward to bid, thereby tending to check the rapid increase and prosperity of the Colony, and certainty in the end; less advantageousproving"Revenues of the Crown...Youto theIn conclusion, I am to inform that His Excellency will behappy to receive, and give his bestattention:
Baseline (Original)
35be held at theaverage. rate atwhich similarty situated lots may-sell at theensuing sale, it being.clearly understood that Governmentwill be entitled to all advancesprofit thattransactions. mayofTheacerul, on17.thesesame rules astoimprovements, bransfers, to, that have been already laid down, and. communicated to you, will of course, be minutely applied to the lots under.discussion.fromYour Committee has seen Her Majesty's Gracious Instructions to the Governor, that all tots-under whatever. denomination – to be sold-are to be2 in future,to be put upatanupset price to Public Auction, and- His veelteney thinks that that upeet price should be the same.thatthat corresponding lots, whether. Marine-br.Town lots, bear inyour clapification,that the lots should not be allowed.to gobelow such upset price, and that any advance made beyond- the- upset priec. by intending purchasers should be in the shape of annual. bonus or pemium,rent, and not ofathe adoption of which. latter mode.would probably, owingYou.have stated, detertothemanyreasonsindividuals from coming forward to bid, thereby tending to check the rapid- increase and prosperity of the. Colony, and certainty in the end; less advantageousproving"Revenues of the Crown...Youto theIn conclusion. I am to inform that His Excellency will behappy to receive, and give his bestattention:
2026-05-16 12:20:01 · Baseline
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35

be held at the

average.

rate at

which similarty situated lots may-

sell at the

ensuing sale, it being.

clearly understood that Government

will be entitled to all advances

profit that

transactions.

may of

The

acerul, on

17.

these

same rules as

to

improvements, bransfers, to, that have been already laid down, and. communicated to you, will of course, be minutely applied to the lots under.

discussion.

from

Your Committee has seen Her Majesty's Gracious Instructions to the Governor, that all tots-under whatever. denomination – to be sold-

are to be

2 in future,

to be put up

at

an

upset price to Public Auction, and- His veelteney thinks that that upeet price should be the same.

that

that corresponding lots, whether. Marine-

br.

Town lots, bear in

your clapification,

that the lots should not be allowed.

to go

below such upset price, and that any advance made beyond- the- upset priec. by intending purchasers should be in the shape of annual. bonus or pemium,

rent, and not of

a

the adoption of which. latter mode. would probably, owing

You.

have stated, deter

to

the

many

reasons

individuals from coming forward to bid, thereby tending to check the rapid- increase and prosperity of the. Colony, and certainty in the end; less advantageous

proving

"Revenues of the Crown...

You

to the

In conclusion. I am to inform that His Excellency will be

happy to receive, and give his best

attention:

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