642
a
better tenure later on which they have Eurozeded in doing, for both Squatters Licenses and Farm Lenses have been exchanged for Rurul Building Leases at the Peak in most cases without charge by way of premium or increased Crown Reut and up to the 12th May last (the date upon which
evidence before the Commission) only three
J
aves occur in the records of the Colony in
which a charge has been made for an improved A charge was made in the three fol.
tenure
-lowing
Curls
Pural Building Lot 1805 was granted he place of a Squatter's License $80 per acre
and $10 per a premine being charged
Crown Rent (Yearlys)
acht
acre
Rural Building Lot 8 11 was granted in place of a squatters License #80 per premium and $15 per acre yearly rent being
charged for the Conversion.
Farm Lot 69 at the Peak was convert_ -ed into Rural Building Lot Too 27 No addi-
tional premiu
was charged but the cent
5 per was increased from $10 to $15,
m
ache
Yearly Other lots at the Pant were converted lito Rural Building Lot, free of charge. As far as I have been able to find by
the most dile gent search the above are the only instances on record its the Colony of a charge. being made by the Crown to its Lussee for an improved tenure. The charge for premium was in both cases for Connorting a much, inferior title to ours into the Overy Value of
Which is under Consideration. Other Euse had the rental only mcreased by 50 per cent mit from $10 to $15 per acre.
At the time these
lease the The
Zreri.
Chargeo a your Made lands in worse positions at the Peake (of course the best sites were the oldest exlistid/ were being auctioned with an upect premium
$200 per
acre and an annual rent of 1430 per
9
acre
·
4
This clearly shows that where a charge
A
better Cours to the
original
ཅི་མིས་པའི་པའི་...
has been made for Occupier under the Crown such charge
much less for premium than the Public were
The paying at the came time.
average prem realized at Auction on Rural Building Loto from 1878 t 18874 inclusive being $37 per-
aeri
The Rent seems to have been fixes at the lowey Cocal ratio — The rents at the Peak on 75 years louses Varied as follows
1874/77 1878/79 1881/84
$10 per
acre
Ch
-year
$154
$
$30
לי
*
20
OL
The rent for 1874/apy was selected in the one Case and for 1878/79 in the other being -spectively & and a current rentals on new lob auctiomed. The premium being little more than & of the average premen realized at auction and to of the upset. premium. de proof of this su Appendix A_ a statement showing the particulars of Farm and Rural Building Loto cold at the Peak from January 187 1 to February 18821 Appendices B. & C. contain the particulars
Farm and Rural Building Lobo at Pok fulum and wong. rei-Chong respect. -ively and show that in selecting Piah figures I have selected the nerf highest
These appendices contam par. -ticulars of all the sales of Crown Lands under these forms of leases up to March 18824
The charge for Conversion at the Peate is for the same lease it in proposed to give us and we woned willingly pay the same for
pren. it nist #80 per
acre
un and
the
have our
rent advanced to the maxin un rent hitherto
Charged
ed on this class of tenure sigt #30 per acre yearly.
It was urged by the Commission
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