CO129-319 - Governor Sir Blake - 1903 [10-11] — Page 509

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...