The Sun.
London, England, 1861-04-16 00:00:00

Unexercised rights 2500

• e
The last Share Number on the Register by Seniority is No.
12,437, and the last ihare taken up to 25th March, 1861,
inclusive, was 16,497.
The first allotment of land and ground. rents for the pre-
sent year took place at the offices on the 28th of February.
The successful sale of plots on the second portion of the
Woodbury Park Estate, Tunbridge Wells, proves the popu-
larity of this picturesque property. The advantage of the
running of direct trains to Tunbridge Wells is little over
the hour, the construction of the new roads on the estate
with short communications to the town and railway station,
and the opening of the new church at St. John-on-the-
Lew, on the freehold site set apart with the ground for the
parsonage on the society's plan, have increased considerably
the value of the Woodbury Park Estate.
For the ground•rents offered at this allotment on the St.
Margaret's and Battersea Estates, there was considerable
competition amongst the holders of of choice.
The' next allotment (the second this year) is fixed for
Thursday, the 16th of May, on which occasion will be
offered other portions of the Roehampton Park Estate in
building plots, at prices ranging according to size and situa-
tion from close-built houses to high-class villas. The Ken-
tish Town Estate drainage having been completed under
the sanction of the Metropolitan and St. Pancras Boards of
Works, a new plan has been printed, and the unsold por-
tions will be offered to the holders of rights and to the
general public.
The forty-third estate purchased for the society, being
the third property in Hertfordshire, will be allotted during
this year. As the land is situated close to the railway and
fronts the High-street of Hertford, adjoining to the second
estate, for which the demand has been so good, the share-
holders can be congratulated on this acquisition.
The executive committee have the gratification also of
informing the members, that two new churches are now
open for divine worship at Maidstone and Winchester, the
freehold sites for which were presented by the society. His
Grace the Archbishop of Canterbury consecrated St. Paul's
Church at Maidstone, and preached the sermon, and the
Christchurch district church was consecrated by the Bishop
of Winchester. The Rev. Canon Carus has made the mu-
nificent gift of £3,000 to this last-mentioned church ; £2,000
for the edifice and £l,OOO for the endowment.

The great extension of the metropolitan railroad system,
and the large removal of houses required for the various
companies are attracting the attention of the Legislature.
Building land in the suburban. districts will be more than
ever in demand. The executive committee, in the acquisi-
tion of property in and near the metropolis, considered that
the increasing disposition evinced by all classes of the com-
munity to abandon the crowded streets in order to live in
healthy localities at a convenient distance from town would
eventually exercise a powerful influence in the development
of the society's estates. It is now the time for the allot-
tees to turn to account their freehold land. Those who
undertook building operations with advances from the
Conservative Land Society, have had reason to be satisfied
with the result, whilst shareholders who were holders of
rights of choice have been thus afforded the opportunity of
purchasing ground rents on most eligible terms. The
committeeinvite attention to the foll3wing estates in the
six Home Counties, as presenting peculiar advantages of
prompt omnibus, river, and railroad communication with
the metropolis :