1860 – Tyson buys the Paika Run in unusual deal

The Sydney Morning Herald, 1860 November 5, p. 5

This article reports on what seems an unusual transaction agreed by Mr. Augustus Morris, M.L.A. to sell his property to Tyson for nothing after selling his stock to Tyson at Tyson’s convenience over a period of 18 months.

Here’s a transcription of the  article:


 

Run Sold. – It is said that the larger portion of the Paika Run on the Lower Murrumbidgee, northern bank, has been sold by Mr. Augustus Morris, M.L.A., to Mr. James Tyson, of Deniliquin. If report speaks truly, the sale is somewhat peculiar in the method of delivery. Eight thousand bullocks and four thousand cows at the price of £8 per head. The pick of the Paika and Yangar Runs have to be delivered to the purchaser in numbers and at periods suitable to himself, during the space of eighteen months ; at the end of which time he takes the balance of the cattle, if there is any, and enters into possession of the run.

 

Article identifier
http://nla.gov.au/nla.news-article13048195

Page identifier
http://nla.gov.au/nla.news-page1487636

APA citation
LOWER MURRUMBIDGEE. (1860, November 5). The Sydney Morning Herald (NSW : 1842 – 1954), p. 5. Retrieved January 15, 2016, from http://nla.gov.au/nla.news-article13048195

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