Positive strides have been made in the ongoing discussions surrounding the purchase of the Goold Estate, one of the largest estates in West Limerick. The tenants of the estate, situated in Athea, recently convened a meeting with Captain Verschoyle, the estate’s agent, at his office in the village, aiming to finalize the terms of the purchase.

Over the past twelve months, several similar meetings have taken place, gradually bringing both parties closer to reaching a definitive agreement. While no concrete terms had been agreed upon until now, the negotiations were progressing in a promising direction.

During the meeting on Wednesday, the landlord’s offer was presented as 20 years for the first term and 23 years for the second term. After extensive discussions, Reverend Father Quain, who had been actively involved in facilitating a settlement, proposed a final arrangement of 20 years for the first term and 23 years for the second term. This suggestion garnered agreement from Captain Verschoyle and the tenants, signifying a major step forward in the negotiation process.

Under the agreed-upon terms, the year’s rent, due until September 1904, would be payable at an annual rate of 3.5%. Furthermore, all other outstanding arrears would be cancelled. The estate, which includes approximately 200 tenants, including a small number of second-tier tenants, also aims to address and regulate customary rights. Additionally, it is understood that a portion of currently vacant land belonging to the landlord will be sold to the Estates’ Commissioners for redistribution purposes.

It is worth noting that throughout the negotiations, Captain Verschoyle, the agent of the estate (who is also the uncle of the current landlord), has maintained excellent relations with the tenants. This amicable atmosphere has contributed to productive discussions and sets a positive tone for the future relationship between the tenants and the estate management.

Limerick Echo – Tuesday 26 July 1904