Other formats

    Adobe Portable Document Format file (facsimile images)   TEI XML file   ePub eBook file  

Connect

    mail icontwitter iconBlogspot iconrss icon

The Pamphlet Collection of Sir Robert Stout: Volume 47

Ordnance and Admiralty Lands

Ordnance and Admiralty Lands.

Notwithstanding the presence of the hard times, the annual receipts from these Lands exceeded the usual average. The receipts for the fiscal year 1876-77 amounted to $102,[unclear: 6]8, while the expenses were only $4,347,59. sales were made at Amherstburg, Montreal. Kingston, Sorel, Quebec and Ottawa to the amount of $121,904, from which was realized $69,249 It was not thought advisable to order more new sales, as the value would be likely to much increase. Many valuable miIitary properties in Quebec and Ontario were, by an Act passed in the Session of 1877, vested in the Dominion Government. There are numerous lots in Toronto, Kingston and Prescott, as well as scattered through the country, where sales have been made and cancelled from default. These will now sell at advanced prices. In Quebec there are lands still for sale, in Montreal, st John, South River, Blairfindie, Sorel and in Quebec City. The correspondence for the fiscal year covered 905 follos, 1,065 letters were received, and 668 sent. The arrears still increase. At the 3th June, 1877, there were due $59,844 for rent and interest and unpaid instalments, and $187,489 for purchase money not yet due. This sum. however, $227,284 is so well secured that there is no risk of loss to the Dominion. Since 1856, $1,042,331 have been paid over to the Consolidated Fund from these lands The lands belonging to the late Bank of Upper Canada are under the management of this branch. No sales were made of these during the year, owing to the depression The receipts from them amounted to $13,048,50.