Prince Rupert Journal
data provider: CONTENTdm
issued: 2016-01-21
issued: 1910-06-24
aggregated CHO: https://open.library.ubc.ca/collections/prj/items/1.0311818/source.json
format: application/pdf
note: Subscription During June $1.50 a Year Ptinu Unpttt High-Class Job Printing In all Lines VOLUME 1 Published Twice a Week PRINCE RUPERT, B. C, FRIDAY, JUNE 24, 1910 Price, Five Cents NO. 3 PRINCE RUPERT CASE Norton Frewen, of London, Values Lots In This City Very High. Financiers Fight for Possession of Valuable Lund in This City There is before the Supreme Couri In Vancouver a case which has peculiar interest to this city it lq that in which Moreton Frewen, of London, frtks damages for au alleged breaking of a contract made by him with the G. T. P. or wita President Hays, by which 1,000 lots in this city were to go to Mr. Frewen The case is being argued befor. Chief Justice Hunter. An adjournment of the case was made necessary until Monday next awaiting the arrival from Winnipeg of the reserve price lists. The case tends to show that Prince Rupert lots are held in high esteem in the financial centres. Mr. Frewen is himself one of the most noted financiers in England. He had interested with him such capitalists as Sir Edgar Vincent and J. Hayes Hammond. Moreton Frewen, „ capitalist of London, and a former director of the G. T. P., brings the action against Charles M. Hays, president of the G. T. P. and the G. T. P. Town and Development Company. The sum of $3,000,000 is claimed as damages as an alternative of the specific performance of an agreement for the selection and purchase of 1,000 lots in the townsite of Prince Rupert. An Injunction and a lis pendens is applied for, so that the property in question may be effectually tied up. Mr. Frewen first sets up a verbal agreement made in 1906, which was that, in consideration of the plaintiff's services in advertising Prince Rupert and Interesting capital, he was to have the privilege, as soon as the survey of the townsite was completed, of selectii.g 1,000 lots at u price of $75 a lot—six lots to the acre—the plaintiff to have the advice of the defendant in making such purchase, one-third of the purchase money to be paid…
has type: Newspapers
spatial: Prince Rupert (B.C.)
is shown at: 10.14288/1.0311818
language: English
lat: 54.312778
long: -130.325278
provider: Vancouver : University of British Columbia Library
publisher: Prince Rupert, B.C. : O. H. Nelson
rights: Images provided for research and reference use only. Permission to publish, copy, or otherwise use these images must be obtained from the Digitization Centre: http://digitize.library.ubc.ca/
is part of: BC Historical Newspapers
source: Original Format: Royal British Columbia Museum. British Columbia Archives.
type: Text