It was executed by Donald Stewart, the commissioner who succeeded Eliot, and paved way for the takeover of more than 224,000 acres currently owned by Magadi Soda Company. After securing the land, the speculators fronted by Gedges organised for the surveying of land around Lake Magadi. Of the two parcels, LO 1026 is the biggest, and covers an area of 211,110 acres and incorporates Lake Magadi. “Magadi and Tata Chemicals Magadi Limited sit on 224,991 acres. Shortly after Magadi Soda Company was incorporated and given mining rights, it was supposed to pay a nominal fee of 15 Rupees per acre to what was then called Maasai Funds.

Source: Standard Digital February 10, 2019 08:26 UTC