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 THE&emsp;ROMANCE&emsp;OF&emsp;A&emsp;FREEHOLD

a recent advertisement in the Australasian I observed public notice to be given that "the rich agricultural lands of the Kangatong estate, near Port Fairy, would be subdivided at an early date, and sold in farms to suit purchasers." What changes time doth bring! When I first saw the ground referred to, then known as "Cox's Heifer Station," how could one divine the transformation it was fated to undergo? As little in 1844 was prevision possible of the separate sale notices in which it would figure as the years rolled on. It epitomises the history of the district, perhaps of the colony.

First of all, "that well-known fattening station known as Kangatong, with choice herd of cattle, stock-horses given in," etc. Then, "that fully improved, fenced, and subdivided sheep property, of which the wool is so favourably known to Melbourne buyers." Again, "that valuable pastoral estate of Kangatong, comprising 35,000 (let us say) acres of freehold"; and now, lastly, "those