Small Farm Homestead Associations.

The New Zealand Government having afforded special facilities for co-operative settlement, the New Zealand Shipping Company will be happy to place correspondents in communication with one another.

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Twelve persons can acquire a block of not less than 1,000 acres or more than 11,000.

Land is held under lease, with perpetual right of renewal.

Freehold cannot be acquired.

One person must be located within every 200 acres.

Land may be rented out at 5 per cent, on its value, to be assessed at a minimum of £1 per acre.

Rent need not be paid for first two years.

Residence must be within six months. Conditions—

Within two years one-tenth must be cultivated.

Within four years one-fifth must be cultivated.

Within six years one-fifth must be cultivated, and also improvements have been effected to the extent of £1 per