The. conditions undor which the area known as the Otunake Special Settlement was recently* set apart for members of tht New Zealand Contingents who served m the South African campaign are- published m a supplement to the New Zealand Gazette. The block, which is situated vi the Auckland district, has been surveyed into sections of not more than 320 acres each, and it is provided that not less that 36 persons must be located on it. The land is to be disposed of by lease at a rental of 4 per cent, on the capital value fixed by the Minister. Each settler must put on the land comprised m his lea.se substantial improvements as follows: — (a) Within one- yoar from the date of his lease to a value equal to 10 per cent, oi tho price of the land ; (b) within two years from the date of his lease, to a valui equal to another 10 per cent, of the prict of the land ; (c) and thereafter, but within six years from the date of his lease, to a value equal to another 10 per cent, of the price of the land ; and m additioi: must within six years from the date ol his lease put substantial improvements ol a permanent character to an amount equal to the net price of every acre of land. Residence and occupation is to be vi ac coi-dance- with the Land Act of 1892.
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https://paperspast.natlib.govt.nz/newspapers/PBH19030121.2.29
Bibliographic details
Poverty Bay Herald, Volume XXX, Issue 9645, 21 January 1903, Page 3
Word Count
240Untitled Poverty Bay Herald, Volume XXX, Issue 9645, 21 January 1903, Page 3
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