6
one
lot
(
As a fact only in the quarter named has
been put up
to auction, at
which the Reverend Mr
Hager purchased it for the American Board of Foreign Mission.
Nor was the
premium
reduced to half the amount
that could be obtained had
a
longer lease been granted. This lot was valued by the Director of Public Works at $2.50 a square foot if
sold
C
323
sold on a 999 years' lease,
but was
put up at $2.00 a
square foot to induce com- petition which however did - not take place, with the re- sult that the lot setched a
trifle
foot.
over $2.00
$2.00 a square
Adjoining land was of fered for sale in January.
last at $3.50 a
square foot
on a 999 years' tenure but.
No
5.
bid
was made.
As regards the state
ment
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