CO129-346 - Governor Sir Lugard - 1908 [1-3] — Page 435

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the value of Crown Lands must of course be debited to

Railway Account equally with that of lands resumed. In the

second place as I have said the portions of Lots 1141

618 which were to be resumed under Scheme 2 involved such

a depreciation of the value of the sites that the propor-

-tional value per Square Foot in comparison to the rate per

Square Foot if the whole is resumed would have been much

greater.

15.

An actual comparison of the land

resumed for the Station Site under the three schemes is

as follows:-

Scheme 1:-

Scheme 2:-

Scheme 3:-

(Blackhead's) 41,250 Square Feet for

passenger requirements.

Of Blackhead's 2,100 Square Feet, Crown

Land 121,420 Square Feet. Private 145,898

Square Feet.

Of Blackhead's 25,600 Square Feet. War

Department Land 2,875 Square Feet.

Private 184,334 Square Feet.

Thus under Scheme 3 the excess of private land to be re-

-sumed over Scheme 2 is only 38,436 (and at lower rates)

while 121,420 Square Feet of extremely valuable Crown Land

is saved. The area taken of Blackhead's (25,600) being in

the extreme North-West corner does not depreciate its

value for building purposes materially, and leaves a

regular