321
and to
• pay
at the rate of
5 per cent interest on the
remainder as an
annual rental.
3.
additional
Mr Leach, however,
when Acting Attorney General, stated that, in
his opinion,
contrary
such was
to the instructions
contained in Earl Grey's despatch No:222
of
the ...
of January, 1851, which
provided that biddings for Crown lands should
"not
"not be in the form of
an
advance of rent, but that
such property
any such
property should be offered for lease at a
moderate rent to be
"determined by the Crown
Surveyor, and that the
competition should be
in
in the amount to be
paid down as a
premium for the lease, at the rent " so reserved, by the parties
desiring to obtain it."
It was in
consequence
of