CO129-615-7 Crown Lands 7-7-1946 - 25-9-1947 — Page 22

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40 It is proposed to charge annual Crown rent of $2,000 per acre and premium of 83.30 cents per squar foot, giving total premium $487,900. No record exists

of the pre-war rate of premia in this district, but having regard to the amount of formation to be done on the site by the purchaser, the above is considered reasonable.

Grateful for early telegraphic reply.

5.