Land purchases, Middle Island : in continuation of paper G. 6, 1874, presented 29th July, 1874 : presented to both Houses of the General Assembly by command of His Excellency
I.—Hamilton's Purchase
I.—Hamilton's Purchase.
This purchase included all the unsettled claims on Banks Peninsula which the Natives refused to settle in 1849. The terms ultimately agreed on were the payment of a money consideration of £150, afterwards increased to £200, and the reservation of 1,200 acres, in three blocks of 400 acres each, for the use and occupation of the Native owners; the question being finally and satisfactorily settled by Mr. J. W. Hamilton, in December, 1856.
The total amount paid to the Natives for their claims to Banks Peninsula computes £700; but, in addition to this, they also had received from the Nanto-Bordelaise Company, in 1838, goods to the value of £234, for a block of land in the neighbourhood of Akaroa.