Argentina from a British Point of View by Various
page 47 of 245 (19%)
page 47 of 245 (19%)
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A piece of land at Venado Tuerto, 37 hectareas, say 91
A piece of land at Arrufo, 100 hectareas, say 247 A piece of land at Tostado, 50 hectareas, say 123 41,182 Since the beginning of the Company the total area of land sold has amounted to 709,549 acres (up to 30th June, 1910). It is calculated that the land comprised in the Bazan claim, to which reference is made later on, measures 582,914 acres. Upon this supposition the Company now owns 3,044,100 acres. The original price paid for the Company's lands worked out at about 3s. an acre. The original capital of the Company was £875,000, of which over £675,566 was paid to the vendors, leaving a balance of £199,434 to meet the preliminary expenses and the initial cost of opening up the new properties. After some years it was found necessary to write off a portion of the capital, and accordingly, in 1897, the Company's lands were re-valued at approximately 2s. 9d. an acre. The present Directors of the Company are:-- Mr. CAMPBELL P. OGILVIE (_Chairman_). Mr. IVOR BEVAN. Mr. GORDON H. BROWN. LORD HAWKE. |
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