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is to pass, and no obstacles have been discovered in the nature of dwelling houses or graves to prevent the immediate delineation and purchase of the route and the commencement of operations.
Owners of property en route, other than waste land belonging to Government which shall be acquired on such terms as are customary in the locality, should produce all title-deeds to the Company for inspection, and the land shall be purchased at a fair price calculated on the average of recent years.
Owners of graves, houses, fruit-trees, ponds etc., on land thus required, shall be reimbursed at a fair valuation by the Company for all monies expended on the construction, purchase, or removal of the same. In order that the general public may derive as much benefit as possible from the scheme, any owner who shall prefer payment in shares in the line may notify the Company to that effect and shall be allotted shares, bearing interest annually, in proportion to the value of his land.
But no owner shall raise the price of his property or hold the same until the market price has gone up, and thus obstruct