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67
CITY ROAD SUBSOIL—GrOS WELL ROAD ENCLOSURE.
In April, 1892, the Vestry learnt that Messrs. Chinnock,
Galsworthy & Co., acting on the instructions of Lord Calthorpe,
were proposing to sell, amongst other properties belonging to his
lordship in the neighbourhood, the subsoil of the City Road and the
triangular enclosure at the apex of the City and Goswell Roads which
had been for many years in the occupation of the Vestry. On April 8th
the Vestry Clerk reported as follows upon the facts:—
I beg to report with reference to the proposed sale by Lord Calthorpe of the subsoil
of the City Road, the enclosure at the apex of the City and Goswell Roads, and
other property adjacent, that pursuant to the Vestry's resolution of April 1st I have
addressed a communication, of which I submit a copy, to Messrs. Milward & Co.,
Lord Calthorpe's Solicitors, and also to Messrs. Chinnock, Galsworthy & Co., the
auctioneers to whom the sale is entrusted.
The conditions of sale have since been forwarded to me by the latter firm, and I
now submit a copy. It will be seen that lot 24 is described as "The Important
Freehold Building Site of about 5,200 superficial feet, comprising the Triangular Plot
of Vacant Land, situate at the Junction of the City and Goswell Roads, opposite the
Angel Hotel, Islington," and is, at present, in the occupation of the Vestry.
Lot 25 comprises the enclosure underneath which the New River runs, between
Duncan Terrace and Colebrooke Row, containing an area of 15,500 superficial feet.
Lot 32 is described as the important Freehold property forming the sub-soil of
that important thoroughfare known as City Road, and the perpetual rent charge of
£8 10s. per annum., payable in respect of the site thereof by the Vestry of St. Mary,
Islington, extending from the corner of Torrens Street to Nelson Terrace, having a
length on the north side of about 933 feet, and a mean width of about 60 feet, together
with all rights incident thereto.
With regard to lot 25, the Colebrooke Row enclosure, it is only necessary to
point out that it is one of the open spaces which the Vestry has recently asked the
Metropolitan Public Gardens Association to acquire with a view to its being
permanently maintained by the Vestry as an open space for ever. From the conditions
of sale, it will be seen that this lot is sold subject to the provisions of an Indenture
made in April, 1881, between Lord Calthorpe and the New River Company, whereby
for a consideration an easement was granted to the Company which prevented the
portion immediately over the New River being built upon, and gives the Company
rights of access, but this would not apparently prevent houses being built upon that
portion facing Duncan Terrace. I understand a deputation will attend the Vestry
to-night to protest against any interference with the enclosure.
With regard to the other two lots in which the Vestry is more directly concerned,
I may remind the Vestry that the rent charge of £8 10s. now stated to be perpetual,