In the 1850s runholders leased extensive areas of pasture from the government for their sheep flocks, paying annual licences of no more than £2 per acre (0.4 hectares), assessed per head of livestock. Pastoral land could, be put up for sale, and runholders occasionally bought land to avoid losing access to it. The usual – relatively low – price of around 5 shillings per acre made this feasible, and by 1865 some Kaikōura runholders owned between 10% and nearly 50% of their total pasture.
Using this item
This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.
Source: J. M. Sherrard, Kaikoura: a history of the district. Christchurch: Cadsonbury Publications, 1966, p. 117.