May 27, 1899. THE ESTATES GAZETTE, Cmnpmsaitmt Cases. FERRY RIGHTS NEAR CARNARVON. Mr. Robert Vigers, P.S.I., of 4, Frederick’S-place, Old Jewry, as Umpire, commenced an arbitration inquiry on Friday, at the County Hall, Carnarvon, for the purpose of arriving at the price to be paid by the Corporation of Carnarvon for the ferry rights of Mr. Lloyd W. G. Hughes, of Coed Helen, the owner of the Aber Ferry. Mr. John Menzies, Carnarvon, was the arbitrator appointed by the Corporation, and Mr. W. B. C. Jones, F.S.I., of Criccieth, acted in a similar capacity on behalf of Mr. Lloyd Hughes. The Corporation were represented by Mr. J. Bryn Roberts, M.P. (instructed by Mr. J. H. Bodvel Roberts׳, town clerk), while Mr. Lloyd Hughes was represented by Mr. E. J. Castle, Q. C. (instructed by Messrs. Carter, Vincent and Douglas Jones). In opening the case, Mr. Castle, Q.C., said the Carnarvon Corporation Act of 1897 gave the Corporation power to build a bridge practically in substitution of the ferry, and also to collect a toll from the persons using the bridge. Whereas the present ferry charge had from immemorial custom! been ■a •halfpenny for the double journey, as far as he could construe the second schedule, which seemed to him to be ambiguous, the Corporation would be able to charge a halfpenny for every person each way. The very fact that the Corporation were going to the expense of building a bridge showed that there was a considerable amount of traffic. The ferry had been part of the estate of Mr. Lloyd Hughes from time immemorial, and •the question of title did not arise. Dealing with the traffic over the ferry and the profits arising, Mr. Castle went on to say that in fine weather the people of and visitors to Carnarvon were fond of crossing the harbour by the ferry to enjoy a walk in •the country on the other side. The tenants of the ferry were Messrs. Pritchard, who became only tenants at will at £20 a year in 1891, so that they had no rights in the ferry which they did not hold at the will of the landlord. As far as could be learnt the takings of the tenant, who had kept no books, were, one day with another, about 10s. per day, or £180 a year. Mr. Walter Jones, the claimant’s surveyor, determined to have a count, for which purpose he employed two men to keep a record of all who used the ferry for a year. The other side had also counted, although they excluded from •the count those who went over gratuitously. It appeared •that the lessee of the ferry was also a boat builder and owner, and if he allowed certain customers and his workmen to go over for nothing that did not affect the value of the ferry, because Mr. Lloyd Hughes bad a right to take over •the ferry himself, when •all these persons would be charged. The postman, telegraph boy and policemen appeared to have the right to go over adversely to the ferry owner. In arriving at the estimate of the actual gross receipts, they had had to estimate the •number who crossed more •than once for the same fee. They had taken the number crossing from Carnarvon, and had added 30 per cent, to cover those who might pay on the return crossing, and also to include the extra ׳money that should be paid for the increase in value of the ferry owing to the growth of Carnarvon, as well as the increase which would take place in the traffic if Mr. Hughes were to open up the property on •the other side for building purposes. The coast line beyond the ferry was a very pretty one, and if residences were allowed to be put there, there was no doubt that very soon the business at the ferry would be greatly augmented. This prospective benefit Mr. Hughes had a right to be paid for. He deducted from the gross takings an amount which would allow for fair boats and a living wage, say 30s. a week for both items. This deduction gave them a net annual income from the ferry of about £100 a year. What price would be put upon that? His witnesses, who were of great experience, put it down at 36 years’ purchase. The ferry had none of the risks of a trade—it was a business which worked itself mechanically, and would go on as long as Carnarvon retained its present position. It could not be killed by neglect, and was not liable to competition only by the bridge, which had to be sanctioned by Parliament, and, in fact, it became something as substantial as consols. He had no doubt that, if the owner had let •the ferry at the best price obtainable !he could have got nearly £150 a year for it. On a suggestion by the Umpire that they should come to some arrangement as to the returns, it was agreed that each side should state the gross figures. Mr. Walter Jones stated that he calculated that 129,601 crossed the ferry from February 1, 1898, to January 31, 1899, counting both ways. Mr. Menzies said Ms calculation was 124,736. Mr. W. B. C. Jones, F.S.I., Mynydd, Oric-cieth, North Wales, said that he had valued the ferry on the strength of the figures supplied him by the two men he employ ed to count. He produced figures showing the number of passengers who crossed during each month of last year and LONDON AND BERKSHIRE. Wm. R. NICHOLAS & Co. Auctioneers & Estate Agents! Blagrave Street, Reading, & 60, Pall Hall, S.T8 MESSRS. WM. R. NICHOLAS and CO. beg to announce that they will Sell the following properties by Auction (unless previously disposed ol priT^INiw00־D.” FARNBOROUGH, HANTS, . with ground of six acres. The residence contains five reception, nineteen bed rooms, two batii rooms, billiard room, etc., stabling. , The above will be sold at the Mart, Token house-yard, E.O., on Monday, 5th June, 1899, at Two ° Solicitor, Henry F. Kite, Esq., 11, Queen Victoria-street, E.C. ״ UPPER LINK FARM,” ST MARY BOTJRNE, HANTS, with 112 acres. The residence contains two reception, six bed rooms, bath room, etc.; fine stabling. The above will be Sold at the Mart, Tokenhouse-yard, E.C., on Monday, June 5, 1899, at Two o’clock. Solicitors, Messrs. Smith and Son Andover. “HOLGATE HOUSE,” SUDBURY, SUFFOLK, with grounds of sixteen acres. The residence contains three reception, seven bed rooms, bath room, etc. ; stabling, and two cottages. The above will be Sold at the Mart, Tokenhouse-yard, E.C., on Monday, June 6, 1899, at Two o’clock. Solicitors, Messrs. Ransom and Sons, Sudbury. “ THE LINKS,” EASTBOURNE, with grounds of three acres. The residence contains four reception, fourteen bed rooms, billiard room, etc.; stabling. The above will be Sold at the Mart, Tokenhouse-yard, E.O., on Friday, June 9, 1899, at Two o’clock. Solicitors, Messrs. Bramble, Watts and Co., 2, Bristol Chambers, Nichelas־street, Bristol; and R. I Brunskill, Esq., Dyers’ Hall, Dowgate-hill, E.C. “ GLENHAVEN,” ELSTREE, HERTS, with grounds of five acres. The residence contains three reception, seven bed rooms, bath room, etc.; stabling and cottage. The above will be Sold at the Mart, Token house-yard, E.C., on Friday, June 9, 1899, at Two o’clock. Solicitors, Messrs. Cooke and Son, Luton. “ KNIVES FARM,” PRESTWOOD, BUCKS, with 100 acres. Capital house, homestead and two cottages; also some choice building sites. The above will bo Sold at the Mart, Tokenhouse-yard, E.C., on Friday, June 9, 1899, at Two o’clock. Solicitor, Edward Parker, Esq., Thame, Oxon. Particulars and Conditions of Sale of the above properties may be had on application to the Solicitors or to Messrs. Wm. R. Nicholas and Co., at their offices, Blagrave-street, Reading, and 60, Pall Mall, London, S.W. Telephone—Reading 221, London 5293 Gerrard. DEVONSHIRE. MESSRS. HUSSEY & SON (Established over a Century), Auctioneers, Estate Agents, Agricultural, Tenant-Right, Timber and other Valuers, EXETER, DEVON. Stock, Timber, and all Classes of Sales and Valuations undertaken on Moderate Terms. Telephone : No. 21, Exeter. SOUTH DOWN and COTT, in the parish of Duns-ford, Devon, situated about 2£ miles from! Duns-ford, four miles from Yeoford Junction Station (L. and S.W.Ry.), four miles from Moretonhamp-stead (G.W.R.), and the same distance from Ashton (Teign Valley Railway). Moon Hotel, Exeter, on Friday, June 2, 1899, at Four o’clock in the afternoon, all that desirable FREEHOLD OVERLAND TENEMENT, known as South Down and Oott, containing 57a. lr. 22p. of arable, meadow, orchard, and pasture land, situate in the parish of Dunsford aforesaid. The above property has a southern aspect, is well supplied with water, and consists of good fertile land. It is situate very near Clifford’s Bridge, on the river Teign, commands good views, and is eminently suited for the building of a good residence thereon. Good fishing, hunting, and shooting in the immediate neighbourhood. There is a commuted tithe rent charge of £6 4s. 6d., the present value of which amounts to £4 4s. The timber will be included in the purchase, Possession will be given on completion of the purchase. Mr. W. Brimblecom.be, East Down Cottage, close by (who receives his letters through Drewsteignton), has kindly consented to show the property any weekday by appointment. , _ Further particulars may he obtained of the Auctioneers, 14, Queen-street, Exeter (where a plan of the property may be seen); or of Messrs. Baker, Watts, Alsop and Woollcombe, solicitors, 31, Corntenay-street, Newton Abbot. BIRMINGHAM. GRIMLEY & SON, F.S.I., Auctioneers- Surveyors and Estate Agents. By direction of the owner, F. Sanders, Esc(•, who is leaving on account of ill-health. THE TERRACE, OAKEN, NEAR CODSALD, STAFFORDSHIRE. To be Sold by Auction, BY MESSRS. GRIMLEY and SON, on Wednesday, June 14, 1899, at the Star and Garter Hotel, Wolverhampton, at Four for Five o’clock precisely, subject to Conditions, a beautiful and valuable FREEHOLD ESTATE, with the superior Family Residence, known as The Terrace, delightfully situated in its own undulating and well-timbered grounds of nearly 42 acres, with the extensive vinenes and other glasshouses, and well-stocked gardens, stabling, and outbuildings; together with another Residence, called The Lodge, and Three excellent substantially built Cottages, situate at Oaken, in the parish of Codsall, five miles from Wolverhampton and 18 miles from Birmingham, to both of which towns there is easy access (as also to London), by a good service of trains from Codsall Station on the G.W. Railway, only eight minutes walk from the residence, delightfully placed on an eminence in well-timbered rising ground, commanding beautiful views over a great extent of country A Residence, called The Terrace, recently enlarged and modernised, is thoroughly well built on a nara and dry foundation, approached by two carriage drives, and stands 530ft. above sea level. The stabling and other buildings, m enclosed yard at the rear, comprise newly fitted stables, consisting of four stalls and three loose boxes, and harness room, with two large lofts over; large carnage house; a two-story house, used as a laundry or stores; cow house, cart shed, piggeries, and fowl 110The lawns and gardens, covering an area of about five acres, are beautifully laid out mid planted, and splendidly stocked with a great variety of choice young fruit trees coming into bearing; and for watering the grounds waterworks water is laid on at convenient points. . ,n The glasshouses are very complete, and include a peach house, 140ft. long, newly-built vinery,, ¿9ft long, both stocked with bearing plants; camellia house, 36ft. long; intermediate hot-house and orchid house, together 50ft. by 18ft.; a range of nits 38ft. by 9ft. 6in.; and a seven-light forcing pit, the old vinery, all heated by hot water apparatus, and 15 cold frames. ^ „ __ On the Estate is a smaller Residence, known as The Lodge. Also Three substantial brick and stone-built Cottages, one of which has been recently enlarged, two containing four rooms each, and le. at 4s. each per week, the other having six rooms, and„ worth 6s. per week, with the closets,