LOCAL BODY ENDOWMENTS
Use for Small Farms By Telegraph—Press Association. WELLINGTON, Dec. 20. | The use of local-bodv endowment I lands for small farms is provided for ! in the Small Farms (Relief of Unemployment) Amendment Bill. Provision is also made for a local body to again take over an endowment at a time fixed in the agreement (or sooner, if capital expended is repaid), and to pay to the Crown capital expended upon improvements effected. Leases issued by the Crown will thereupon be cancelled, and the local body will issue a new lease to the lessee without competition. Authority is given for the making of advances for the erection of buildings and purchase of stock. This is to validate what already has been done in this respect as well as to authorise further advances. Buildings erected by the Minister of Employment under tho Unemployment Amendment Act nro to remain the property of the Crown until paid for. Under this Act what is known as the sharemilking scheme was evolved and upwards of 300 cottages and other buildings have been erected on priv-ately-owned lands.
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https://paperspast.natlib.govt.nz/newspapers/HBTRIB19331221.2.63
Bibliographic details
Hawke's Bay Tribune, Volume XXIV, Issue 9, 21 December 1933, Page 6
Word Count
182LOCAL BODY ENDOWMENTS Hawke's Bay Tribune, Volume XXIV, Issue 9, 21 December 1933, Page 6
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