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Newspaper
Freeholder
Location
London, Middlesex, United Kingdom
Date
Dec 02, 1850
Page
7
A meeting debated weekly payments for a new building society with Daniell Herkins praising a successful project near the Great Northern terminus. After lively discussion, the rate was set at 1s 6d weekly by a large majority amid enthusiasm for political independence.
On Tuesday November 4 a large Freehold Land Society meeting was held in Shipley with Mr Hattersley presiding. The gathering showed strong support and thirty names were added to the shareholder list.
At the Preston Freehold Land Society committee meeting of November 7, tenders were read for the laying out and sewerage of the Freehold Park. Cooper and Tullis were declared the contractors.
A deputation from the Loughborough Committee explained the society at a meeting on November 8. S. Goodacre was elected chair as twenty members joined the Sheepshed branch with plans for broad adoption to provide safe profitable savings investments and an easy path to political rights.
A crowded November 8 gathering at the Mechanics’ Institution, Chatham, heard F Wheeler chair a discussion on Freehold Land Societies aimed at breaking land monopoly and uplifting the people. E Clarke outlined aims, voting reform, and peaceful land acquisition, stressing provident habits and abstention from public houses.
A speaker described land buying societies at Chatham and Tonbridge, arguing estates could be bought wholesale for members and sold at cost plus expenses. He explained fund collection, allotment draws, and two-part divisions for subscribers and upfront buyers. The talk warned against overpromising gains and urged careful scrutiny of principles before joining. The meeting enrolled over 40 members and a second session on the following Friday drew additional shares.
The first general meeting in Swansea saw 120 shares taken for the Glamorganshire Freehold Land Society. W H Michael presided as 13 committee members were elected among 27 candidates with officers appointed to guide the new institution and promote land society benefits among Swansea’s artisans.
Herts and Beds Freehold Land Society announces the Field at Luton will soon be conveyed to about fifty successful allottees at roughly 24 pounds per plot including conveyance. Profits on plots vary with several named Lutonians earning from 6 to 21 pounds, with one near the plot’s cost.
The first annual meeting of the Cambridge and Huntingdon Shire Freehold Land Society was held at the Town Hall on Monday evening the 18th alt. George Leapingwell was unanimously elected chair. The secretary reported 188 shareholders owning 254 shares and £508 8s in the bank. Working expenses, £39 7s 6d, were covered by entrance fees and fines, deemed satisfactory.
The report notes rising member interest and potential Huntingdon branch formation. No land purchases yet. committee delays pending new leadership and land pricing review while audits praised and officers urged broader membership.
A Norwich meeting of the St Augustine's Freehold Land Societies on Tuesday evening November 19 showed all shares in both societies taken and new share applications excessive. The meeting adjourned for a week as a third section is proposed.
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