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Abacos

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��Abaco among most popular islands for crown land grantsBy BRENT DEAN ~ Guardian Business Reporter ~ [email protected]: There have been more crown land grants executed on the island of Abaco since 1950 (770) than on any other island in The Bahamas.

Prime Minister Hubert Ingraham, who is also the minister responsible for lands, tabled the list of crown grants in the House of Assembly on Monday.

He acknowledged at the time the record was incomplete as a book with information from the period 1960 to 1963 was missing.

The 770 crown land grants executed in Abaco since 1950 is 40 percent more than the 551 executed grants on New Providence.

It also far surpasses the 176 executed in Grand Bahama over the period, or the 379 in Eleuthera.

There are 411,630 acres of land in The Abacos, according to data presented to the House by the prime minister.

Of this total, 350,526 acres are crown land.

Large tracts of crown land have been granted to individuals in Abaco over the last 50 years.

In 1956, James B.

Crockett was granted 2,459.25 acres of land at Marsh Harbour for �2,109.

Richard Chester Thompson, who received several other grants on the list, was given 134.48 acres at Crossing Rocks for �22,926 and 18 shillings in 1966.

In 1968, John Martin Parson, listed as a businessman, received a grant of 32.965 acres of land at Lynyard Cay for $2,814.29.

The large difference in crown land grants in Abaco since 1950, as compared to New Providence, likely result in part from the size difference of the two areas.

New Providence and Paradise Island are comprised of 52,000 acres of land as compared to the 411,630 in Abaco.

There are only 8,900 acres of crown land on New Providence and Paradise Island.

One of most notable corporate grants in Abaco happened in February 1996.

Disney, under the banner DCL Island Development Limited, received 54.791 acres of land at Gorda Cay over five grants for $140.

In October 1999 DCL Island Development Ltd.

received 433 acres at Gorda Cay for $1.

The company created a private island cruise facility on the island.

Wednesday, July 22, 2009���

http://www.thenassauguardian.com/bixex/310762472456359.php
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