7 According to the agreement for sale the consideration was shown as $75,000. However the registration in the names of R. P. Clark and F. J. Merrick was merely a formality in the whole scheme of things as, on the same date, the agreement for sale was assigned to Gleneagles Limited, a company form- ed to undertake the proposed development of the site, with a total subscribed capital of $97,000- Mr. Larson, of course, remained registered as the holder of the Indefeasible Title since he was still to be paid for the property. A plan of subdivision of a large portion of the estate was completed by Noel Humphreys, B. C. Land Surveyor on August 25, 1927, approved by the Municipality of West Vancouver, June 16, 1928, and deposited in the Land Registry Office, Vancou- ver, July 20, 1928, under Filing No. 6025. Registration of the plan was recorded August 10, 1928. The delay of almost a year between completion of the survey and registration of of the plan was perhaps not unusual but records show that the Municipality was not happy with some details of road loca- tions . The original subdivision consisted of Block 1 with lots 1 to 63 around the foreshore from Eagle Harbour to Larson Bay; Block 2, with four lots in the island formed between Glen- eagles Drive and Blink Bonnie; Block 3, bounded on the east by Marine Drive and on the south and west by Gleneagles Drive, containing 37 lots; Block 4 lying between Marine Drive and the railway right-of-way, consisting of 17 lots; of the bal- ance, some 115.5 acres, was split up into Blocks A and B com- prising some 42 acres to be developed as a nine hole golf course. Block C, of about 70 acres, in the knoll west of St. Georges Ave and down to the waterfront; and Block D, of 2.8 acres in Larson Bay was set aside as a "Reserve". The area east of the railway, now part of Eagle Ridge, was not includ- ed in the original plan, although surveyed out at approxi- mately 48 acres. The residential subdivision, therefore, com- prised some 90.5 acres including the golf course.