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256
extension bordering
on
one
harbour to a depth of hundred feet, and (c) an Inland Lot lease
for
the
the~
remainder of the extension. The leases for (b) and (c) to
for 99 years, and the
run
areas to be leased by the
several leases to be those.
shewn on
plan.
the accompanying
pay
(2) That they shall in respect of the areas to be granted under the marine
and
Enel: 1
and Inland lot leases a ~
premium within one month of obtaining the concession, at the rate of $10 per
aere,
and an annual Crown Rent at the rate of $20 per
acre
in half-yearly instalments. (3) That they shall expend
on
the same area within four years from the date
acre in
of
the concession a sum not less than $2,000 per the construction of building. or other rateable improvements