Board
of
Trade
the Stipulated Rent: Under these circum-stances application made by the
was
Holders for permission to surrender their
Lands. Considering
that the Lots, in question have changed
the outset of the
time
Settlement, at a time of Speculation, and when their real value
Could not be ascertained,
and
also
looking to the
difficulty of enforcing fulfilment of bargains made under
a
Such
circumstances
Lord Grey
Conclusion Have the
Colonial Office
206
deemed
it
proper
to authorize the
redemption of these unimproved Grants
on
condition that
The Holders should
pay up the arrears of Rent which had become due
Thereupon