Life in Early Poverty Bay
First Sale of Township Sections
First Sale of Township Sections.
The highest priced section was at the corner of Lowe Street and Gladstone Road, the site of the present Masonic Hotel, the sum of £51 being realised for the quarter-acre. This was followed closely by the site where the Union bank now stands, which brought £50. On the corner, Mr. Horsfall later erected a store. A quarter-acre site where McKee's buildings stand at present opposite the Melbourne Cash changed hands at £19, the purchaser being Colonel Porter, who, later, erected there the first Masonic Hall. The site on which the Poverty Bay “Herald” now stands was given as compensation to a loyal chief, Mokena Kohere, and later with the buildings upon it was sold for about £200.