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The Pamphlet Collection of Sir Robert Stout: Volume 71

Sales by Auction

Sales by Auction.

When land is to be sold by auction, thirty days' notice is given, and particulars of the allotments to be offered are advertised in the public newspapers. Survey must always precede sale, and maps for public inspection are exhibited in the Land Office. The terms are: In sales for cash, immediate payment of one-fifth of the purchase-money, and the balance within thirty days; in the case of a sale of a lease, immediate payment of the first half-year's rent.

No larger quantity of rural land than 640 acres of first-class land, or 2,000 acres of second-class land, can be put up for sale by auction in one lot. But this does not apply to the sale of depasturing leases of lands unsuitable for tillage.

Heavy penalties are attached to the offence of bribing, or attempting to bribe, any person, either to abstain from bidding, or competing to raise the price against a purchaser.

Improvements made upon Crown lands may be valued, and the value added to the price, when such lands are sold or otherwise disposed of.