Minutes attached hereto.
recorded in their respective
4. We are convinced that it would be impolitic to devise any fresh source of taxation to meet any deficiency in the Revenue that might occur in the event of Government adopting any alteration in the system of Land tenure.
5. Regarding the suggestion made in Lord Grey's Despatch No.106 of 15th April, 1849, that a portion only of the price in future Land sales might be reserved in the form of Rental to submit our opinion that the plan would not now be advantageous under the present system of Land tenure.
6. With reference to that part of your letter where we are called on to report on individual cases coming to our notice in which the amount of rental seems extravagant and worthy of special consideration, we have agreed that the following cases be submitted to the attention of Government to the extent recommended in the Surveyor General's Minute, to be found amongst those above referred to. Marine Lot No.444, Inland Lots Nos.9a, 51, 80, 101, 139 and 220.
Another point which we have agreed to represent to His Excellency the Governor is the difficulty which at present exists of disposing of landed property in consequence of the inability of Lessees to transfer a subdivision of their Lots. In many cases several houses are built in one Lot, and it may be convenient for the owner to dispose of a portion or portions of it. Under the present system he is unable to effect this. We would therefore recommend that such sales and transfers be permitted and fresh titles be granted by Government.
The restriction now felt would thus be removed, and enhanced value be given to property in the Colony.
8. As already mentioned, the above are only points on which we have been able to arrive at a unanimous conclusion, and for fuller remarks on the general subject that has been laid before us we beg to refer to the Minutes of the Members of the Committee transmitted herewith.
9. We also beg to forward the various documents that have come before us in the
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