805
THE ESTATES GAZETTE
Mat 13, 1899.
£2,725, to Messrs. Watts, Ward and Anthony ; and the Whitchurch Inn, Whitchurch, held for a term of 14 years from Michaelmas, 1889, and let at £28, for £290. The solicitors for the vendors ־were Messrs. Pinsent ■and Co., Birmingham.
NORFOLK.
Messrs. Maddison, Miles and Maddison, of Yarmouth, sold recently by auction ten freehold residences, Nos. 12 to 19, 29 and 31, Princes-road, Yarmouth, subject to payments of £40 2s. per annum, and producing a yearly rental of £435, for £9,470.
On the 5th instant Mr. S. Mealing Mills sold by auction, at the Boyal Hotel, Norwich, the following lots of local properties:—Freehold grocer’s comer shop and residence, No. 87, Prince of Wales-road, let at a rental of £50, for £1,170 ; freehold smal residence, No. 85, Prince of Wales-road, rental £19, for £570 ; freehold small residence, No. 83, Prince of Wales-road, ■let at £19 10s.., for £535 ; freehold corner ®hop and residence, now used as a commercial, boarding house and café, No. 6, East-bourne-place, Prince ■of Wales-road, rental £21, for £470 ; freehold small residence, No. 5, East-bourne-plaoe, Prince of Wales-road, let at a rental of £20, for £415 ; No. 4, Eastbourne-place, Prince of Wales-road, for £410 ; No. 80, Bose-lane, let at a rental of £18, for £325 ; No. 78, Bose-lane, let at a rental of £17, for £310 ; freehold shop and dwelling house known as Norgate’s Temperance Hotel, No. 27, the Cattle Market, let at £20, for £360 ; freehold shop and dwelling house, No. 28, the Cattle Market, let at £20, for £355 ; the freehold premises known as the Market Cafe, fronting the Upper Market, rental £30, for £1,040 ; dwelling house, No. 146, Waterloo-road, gross rental £10, for £75 ; dwelling house and gardens, No. 148, Waterloo-road, let at a gross rental of £10, for £62 10s. ; dwelling ■house and gardens, No. 150, Waterloo-road, let at a gross rental of £10, for £55 ; dwelling house and gardens, No. 152, Waterloo-road, let at a gross rental of £10, for £57 10s. ; and dwelling house and gardens, No. 154, Waterloo-road, rental £11, for £65. The vendors’ solicitor was Mr. Herbert Goodchild.
LANCASHIRE.
At the Saddle Hotel, Bradshaw-gate, Bolton, on the 27th ultimo, Messrs. John Thornby and Son sold the fully-licensed freehold public-house and premises, known as the Saddle Inn, Bradshaw-gate, Bolton, for £9,000; and sixteen dwelling houses, numbered 10 to 31, Major-street, Astley-bridge, term 980 years, ground rent £1 10s. each house, for £970. The solicitors were Messrs. B. and F. H. Taylor, Bolton.
WORCESTERSHIRE.
At their Mart, Worcester, on May 9, Messrs. F. Everill and Co., sold by auction the old-established fully-licensed premises, known as Mountford’s Bestaurant, No. 88, High-street, Worcester, for £5,850; the freehold shop, No. 78, High-street, for £2,500 ; and the freehold shop, No. 80, High-street, for £2,000. There was a crowded attendance, including representatives from the leading catering firms in the Midlands. The solicitors concerned were Mr. W. W. A. Tree, and Messrs. Hughes and Brown, of Worcester.
YORKSHIRE.
Messrs. Hepper and Sons sold, at Leeds recently, the Bardon Hill Estate, at Weetwood, comprising a little over seven acres, for £9,500. W. Arnold, of Eastbourne.
NOTICE.
We regret that owing to the pressure of important late matter and advertisements we are compelled to hold over several reports of provincial property sales, and other matter.
^nrnmarg of Contents.
AGRICULTURAL HOLDINGS ACT (p. 8U).-Appeal against an ■award.
AUCTIONEERS’ INSTITUTE (p. 797).—Annual meeting and dinner.
BRIC-A-BRAO (p. 814).
CITY TOPICS (p. 812).
CLAIM AGAINST THE ADMIRALTY ip. 810).
COMPENSATION CASES (p. 790).
ESTATE BUILDINGS (p. 792).—A further excerpt from the new edition of “Land Agency” is given.
FAMOUS CARLISLE HOTEL (p. 792).—Description of an historic old house to he offered! to ■auction by Messrs. R. Dalton and Son, of Carlisle.
FARM AND FIELD (p. 810).
FARM ACCOUNTS (p. 793).—■Summary of a paper read before the Bedford! Chamber of Agriculture by Mr. A. M. Brown, B.A., land1 agent.
FORESTRY (p. 796).
FURNITURE OLD AND NEW (p. 813).
GOOD ■MEADOWS AND PASTURES (p. 813).
LEGAL PROCEEDINGS (p. 794).
LEGAL TOPICS (p. 810).
LICENSED PROPERTY NOTES (p. 792).
LONDON IMPROVEMENTS (p. 813).
MEMS. FROM THE MART (p. 811).
NOTES BY THE WAY (p. 796).
ORGILL, THE LATE MR. j. A. (Portrait) (p. 794)
PRIVATE TREATY SALES (p. 809).
PROPERTIES IN THE MARKET (p. 813).
PROVINCIAL PROPERTY SALES <p. 805).
QUERIES AND REPLIES (p. 810).
SURVEYORS’ INSTITUTION (p. 806).-The annual dinner held on Wednesday evening is reported. We also publish a list of successful candidates at the recent examinations. The names of the prize winners will be announced later.
possible, which they certainly are not. The man knows perfectly well that he can command more than that in the town. Is it likely, then, that he will sacrifice the attractions of urban delights for lower wages and less variety in the country ?
And, after all, can we wonder that the agricultural labourer should desire to have his part in the brighter life of the towns, when we find so many people better off, better educated, more their own masters, who find the country “slow”? It is one of the curious tendencies among the stupid and ignorant of our time to find the country dull and unexciting. They are the same strange race who during the last few years have begun to spread the amazing idea that a man of fifty is old—and this in a century which has been more famous than any other for its great old men, which has elevated old age almost to a fine art. What the little educated rural resident wants, is the life, brightness, variety and excitement of the town, and the chances of rising in the world which it, and it alone, affords. You cannot give men a smattering of education, such as we have given the agricultural labourers, without deeply altering their mental outlook. The position is critical for agriculture, unquestionably ; but it is there and it has to be faced.
PROVINCIAL
PROPERTY SALES.
DEVONSHIRE.
At the Half Moon Hotel, Exeter, on !the 9th instant, Mr. A. Bromley Sanders sold the freehold property known ■as Nos. 231 ■and 232, High-street, Exeter, for £3,835.
At the Royal Hotel, Plymouth, recently, Messrs. Jeffries, of Hart-street, Bloomsbury, offered for sale the Tavistock Brewery, plant, etc., and 25 public ■and beer ■houses. The property was divided into 15 lots, and the first offered was the freehold brewery, Brook-street, Tavistock, which sold for £1,800. The Tavistock Hotel, freehold, was withdrawn at £2,000 ; as ■also were the Cottage Inn, Tavistock ; the Peter Tavy Inn, Boyal Standard, Blackdown ; Boyal Oak, Bridestowe ; and New Inn, Horndon, the whole being leasehold on short terms, and only £225 being bid. The Commercial Hotel, Gunnislake, a fully-licensed freehold property, let at £45, together with which was the White Hart Hotel, Chils!worthy, leasehold for seven years from Michaelmas, 1893, let ■at a rental of £12, and the Latchley Inn, Latchley, held for a term of 14 years from Michaelmas, 1896, at £15, sold for £2,300 ; the Blacksmith’s Arms, Lamerton,, freehold, fully licensed, with adjoining land, making a total of Ilf acres, the whole let ait £45, for £1,800 ; the Sportsman’s Arms, Heathfield, near Tavistock, sold for £575, the house is freehold, fully-licensed, and with meadows adjoining occupies 8jr acres, and is let at £26. The freehold Park Cottage Inn, Sheepstor, altogether 3¿ acres, let at £26, and the leasehold New Inn, Horrabridge, with a cottage adjoining, rental £22, were submitted in one lot and sold for £1,900 ; the Edg-oumbe Hotel, Bere Alston, fully licensed, ■held for •a ■term of 14 years from March, 1896, and producing a rental of £39, for £390 ; the Half Moon Hotel, Stokeclimsland, freehold, fully licensed, and let at £25, for £850 ; ■the Hare and Hounds, Ohipshop, and two cottages adjoining, ■held for a term of 60 years from March, 1848, and the Blacksmith’s Arms, Longcross, held for a term of 60 years from Lady-day, 1841, for £85; the freehold properties Hatherleigh Hotel, Okehampton, fully licensed, and the New Inn, Hatherleigh, also fully licensed, were not sold, £700 being offered for the former and £350 for the latter. The Golden Inn, High-ampton, with land adjoining, ■altogether 15 acres, let at a rental of £35, was also withdrawn■, tie highest bid being £800. Plymouth Breweries Company secured ■the lease of the six-day licensed Wainhouse Corner Hotel, Stratton, for £90, the property being held for a term of 21 years from Michaelmas, 1895 ; and the same company ■also purchased at £60 the lease of the Sincoe Arms, Egioskerry, a six-day licensed house, held for a term of 14 years from Michaelmas, 1898. The keenest competition was for the Trades Mark Inn, Launceston (six-day license), a freehold property, let for £50, and Bennett’s Arms, Lawhitton, also freehold, to which is attached 24¿ acres of land, and let at £50. The combined properties sold for
the usual type, but in this class of investments the demand is not quite so brisk as usual. Altogether the returns for the week amount to £207,507, or some £25,000 in excess of the corresponding week in last year. Two important sales have been held in the provinces within the last few days, one being that of the Tavistock Brewery, with 17 tied houses, for £13,730 ; and the other the Monmouthshire estates of the Duke of Beaufort, the complete results of which are not yet to band. The Dudding-hill building estate, Willesden (50 acres), which was withdrawn at £29,950 when offered to auction a few days ago, has been sold privately.
Ckatstnital Jintes.
It would seem that Ireland is really going to have its Board of Agriculture at last. Mr. Gerald Balfour has brought in his Bill, and it has been read a first time. The measure makes provision for technical education as well as for Agriculture, and as the new Department is to be endowed with a considerable income, we can only trust that it will not waste its money upon unprofitable technical education in the way that we are doing in England. The Board will, in fact, enjoy something like £170,000 a year, but one-third of the amount is to be allocated definitely to technical instruction of an urban character. The other two-thirds should do much to help on the agrarian prosperity of Ireland, although it is by no means too much for the great things that have to be done. It is within the power of the new Department of Agriculture and Industries to help very greatly indeed in the prosperity of Ireland, and we may depend upon it that the Irish people will realise that to the full, whatever may be the attitude of their Parliamentary representatives.
The reports which have been current about the sale of the Lakes of Killarney and the most interesting and romantic portions of the estates of the Herberts of Muckross, were alarming enough, but turn out, happily, to be a good deal exaggerated. Quite enough, however, is to be sold to jeopardise the beauty of the neighbourhood and the interest of visitors thereto. The coming sale raises once more the old question of how national losses in the way of scenery are to be prevented. The obvious course seems to be for those who are interested, locally or otherwise, to join together to avert such dangers as they arise. We are by no means sure of the wisdom of the draft Bill prepared by Sir ■Robert Hunter, on behalf of the National Trust for the Preservation of Places of Historic Interest, which gives power to the owner of such places to make declarations by deed as to future dealings with it. Such a provision might very easily allow of the most serious injustice being done to future owners, and would certainly very seriously diminish the value of such properties.
Mb. Rider Haggard has decided opinions of his own upon the cause of rural depopulation, and he expressed them very plainly in his lecture before the Norfolk Chamber of Agriculture last Saturday. To Mr. Haggard it appears that insufficiency of wages is the only cause of the labourer leaving the land and flocking into the towns. That it is a cause—perhaps, even, a powerful one— is certain ; but we find it very difficult to believe that it is the only one. It is not likely that a man who wishes to live in a town would be induced to remain in the country by his wages being raised from 15s. to 18s., or even 20s. a week— granting of course that such increases were
by the fact that by the time, now very near indeed, when the Institution will take possession of its new house, it will be entirely paid for out of the savings of past years. Many a greater and old organisation has been unable to make such a boast.
The great increase in the importance of the profession and the strong hold which the Institution has obtained of late years, were very clearly suggested in the amusing speech of the Speaker of the House of Commons. According to Mr. Gully, much of the time of Parliament is taken up with looking after the interests of surveyors and valuers, while the scheme for the erection of the new Government offices facing Parliament-square, had its real motive in a desire to improve the means of access to the Institution’s new buildings in Great George-street. In the days when he was at the bar, Mr. Gully was a counsel by no means unknown in the arbitration room, and in his speech he recalled the “ many pleasant and not altogether unprofitable engagements which he had filled in the old building.” That house, indeed, was, in a sense, a landmark in the Speaker’s personal history, since, extending his reminiscences, he admitted that within its walls he earned “ the last guinea for the last speech for which he would ever be paid in this world.”
Though in point of age, a very much younger body than the Surveyors’ Institution, the Auctioneers’ Institute has attained a position of strength which is little short of remarkable. Such development is a certain witness to the constant energy and activity which has been displayed, whilst the estimation in which the Institute is held by closely allied professions and the public was made evident by the presence of many distinguished guests among the very large gathering at Thursday evening’s banquet. The auctioneers may pride themselves upon having now fairly laid the foundation of an institution that is pretty certain to be a potent influence for good, and one which, as Mr. Dobson, the president, said, at the annual meeting which preceded the dinner, they are determined shall rank first among institutes in the country. Not a little difficuly has been experienced in securing the support and recognition of the right class of men, but the leading practitioners no longer hold aloof, and are joining the Institute in increasing numbers. This fact and the rapidly increasing strength of the body, which has now a membership of 1,200, must be regarded as highly gratifying. Apart from its concrete strength, however, the Institute is increasing in its local or sectional influence considerably. Strong branches of the parent establishment have been already formed in Yorkshire, Kent, Lancashire, Northumberland and South Wales, whilst we this week record the formation of another branch at Exeter. With its increasing importance and greatly strengthened position the auctioneers are experiencing not a little inconvenience by the limited accommodation afforded by their present home, and it is satisfactory to see that the Council are taking steps to secure premises more properly fitted to the requirements of their Institute.
THE ESTATE MARKET.
The feature of the week’s business at the London Auction Mart has been the excellent prices obtained for ground rents, especially those with an early reversion. The sale of some freeholds in the district of Soho revealed an increase in value of from 40 to 50 per cent, higher than could be obtained a few years back. There was a good supply of Metropolitan investments of