The New Zealand Railways Magazine, Volume 9, Issue 12 (March 1, 1935)
Farms of their Own
Farms of their Own.
Last year the Trustees, on behalf of twenty experienced young men, graduates from Flock House, purchased a good improved property of 2300 acres in the Waikato. This achievement came from the young men's own savings, supplemented by a proportional subsidy granted by the Fund in each case.page 11
“During the first year,” states an official report, “the property is being farmed as a community settlement and the new settlers are also engaged in fencing and developing the separate farms which later will be occupied by the individuals comprised in the company. The future of this settlement is assured as the young men have been able to enter into it on particularly favourable terms in regard to the cost of land and stock, and the calibre of the settlers leaves nothing to be desired.
“The Trustees hope later to be able to assist further group settlements of this nature, as more of our young men attain maturity, competency and the necessary sufficient bank balances.”