at those stores, and therefore the
ground is at present inaccessible except by Sea.
With Regard to the Rate
at which it is
proposed to charge Mr Stephenson, I would first remark, that the sand ground being beyond the limits of the Town, the price fixed by the Land Committee in 1841, for ground within the Town should not in justice be charged, and in fact, were it within the limits, the price formerly fixed could hardly be demanded.
Again, from the depression of property during the last two years, and from the fact that all the Marine Lots near that Locality, which were sold at the Rate of $340 for £310 per Acre have been given up. No ground beyond the limits of the Town (as in the lease) has yet been sold; it is therefore necessary that another rate should be established. The disadvantages of this ground have already been stated; the particular advantages are good and plentiful supply of water, and the great fall at which it may be obtained from the ground; also the nature and usual depth of the shore. Taking all these circumstances into consideration, I would propose to charge for this Land at
2.
at those stores, and therefore the
ground is at present.. inacerssible trecept by Sea.
With Regard to the Eate
Aper
aere
artrich it is
proposed to charge Mr Hephenson, & would first remark, that the sand ground being beyond the limits of the Town, the price fixeed by in 1841.41, for ground
the Land Committee
d within
the Jewn should not in
justice be charged, and in
were it within the
fact,
limits, the price formerly. :fixed could hardly be demanded.
again, from
the exccection of thin
ding
depreciation of property
the last two
years, and from
the fact that all the Marine, Lot's near that Locality and
183
fixed.
which were sold at the Rate of $: 340 for
£ 310 for tore per
Amum have been given up. No ground without
2.
thris
been sold;
the limits of the Town (as in
lease ) has yet. it is therefore necessary
that
another rate should be
7 this
established... The disadvantages this ground have already been stated; the particular, advantages are good and plentiful supply of water, and the great fall at which from of the groun it
the nature
may
be obtained; also the
Dea
mual depth of the
shore. Taking all
alose in
these circumvetances into
consideration, I would propose
to charge for
this Laud at
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