The Pamphlet Collection of Sir Robert Stout: Volume 66
Titles Guaranteed
Titles Guaranteed.
The sum of £5,164 for land assurance represents a charge of one halfpenny in the pound on the value of land brought under the operation of the Act, in consideration of which the Government guarantees the titles. No claim, however, has yet arisen upon the assurance fund thus formed. The balance to credit of this fund on the 31st March, 1882, was £33,826.