SOLDIER SETTLERS

Otago Daily Times, Issue 22738, 26 November 1935, Page 9

SOLDIER SETTLERS

REVALUATION OF HOLDINGS ADJUSTMENT OF MORTGAGES (Peb United Press Association) DANNEVIRKE, November 25. The Minister of Lands, Sir Alfred Ransom, issued to-day the following statement in regard to the provisions of the Land Laws Amendment Act, 1935.. and to the adjustment of discharged soldiers' settlement and State Advances (Mortgage Corporation) Mortgages. REVALUATIONS The Land Laws Amendment Act, 1935, provides that practically all Crown tenants on rural land now have the right to apply to the commissioner of Crown lands for their districts for revaluation of their holdings. Applications will bo considered by special committees, each consisting of a commissioner pf Crown lands, a district valuer, and a practical farmer appointed by the Minister. Several committees are being appointed in each land district. ARREARS OF RENT AND INTEREST Consideration is also to be given to all cases where rural Crown tenants and returned soldier settlers are in arrears with their rent and interest. The payments of these will be disposed by way of remissions or postponements, according to the merits of the individual cases. SOLDIER SETTLER PENSIONERS Special consideration will be given to the question of granting a concession to soldier settler pensioners and to widows of soldier settlers working their late husbands' properties. In both cases adequate allowance will be made for reasonable expenditure for labour costs and for medical and special treatment. ADJUSTMENT OF STATE MORTGAGES In furtherance of the policy of the Government to encourage the voluntary adjustment of mortgages arrangements have been made in cases where rural land is subject to the discharged soldiers' settlement or State Advances (now the Mortgage. Corporation), mortgages, for the mortgagors to apply direct to the commissioner of Crown lands or to the manager of the Mortgage Corporation for a voluntary adjustment of their mortgages, thus removing the necessity for stay orders or budgetary control. Such applications will be considered by special committees which have been set. up to deal with revaluations under the Land Act. Where private mortgages are also involved settlers may have recourse to the Mortgagors' Final Adjustment Act.