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The Pamphlet Collection of Sir Robert Stout: Volume 75
Village Settlements
Village Settlements.
Village settlements are disposed of under regulations made from time to time by the Governor, but the main features are as follows:—
Such settlements may be divided into:—
| (1.) | Village allotments not exceeding one acre each, which are disposed of either by auction among the applicants or by application, as already described, with option of tenure, the cash price being not less than £3 per allotment: |
| (2.) | Homestead allotments not exceeding 100 acres each, which are leased in perpetuity at a 4-per cent, rental on a capital value of not less than 10s. per acre. |
Residence, improvements, and applications are the same as already described. The leases are exempt from liability to be seized or sold for debt or bankruptcy.
The Colonial Treasurer is empowered in certain cases to advance small sums for the purpose of enabling selectors to profitably occupy their allotments.