t the end of five years ten per cent. of his holding, and
maintain on agricultural land an average of ten trees to the acre.
Pastoral land must be fenced.
Interest in Right of Purchase Lease is not assignable without written
consent of the Commissioners of Public Lands, but the lease may be
surrendered to the Government.
In case of forfeiture or surrender of right of purchase lease,
reappraisement is made of the land and of permanent improvements
thereon, and if the land is again disposed of, the incoming tenant shall
pay for such permanent improvements and the amount when so received by
the Government shall be paid to the surrendering Lessee.
CONDITIONS UNDER WHICH PURCHASE MAY BE MADE.
At any time after third year of leasehold term, the Lessee is entitled
to a Land Patent giving fee simple title, upon his payment of the
appraised value set forth in lease, if he has reduced to cultivation
twenty-five per cent. of his leased premises, and has substantially
performed all other conditions of his lease.
[Illustration: KOHALA RAILROAD.]
[Illustration: RICE FIELD, PEARL CITY.]
CASH FREEHOLDS.
Cash Freehold Lots are sold at auction to the highest qualified bidder,
at appraised value as upset price.
The qualification of applicants for Cash Freeholds and the areas of land
which may be acquired are the same as those under Right of Purchase
lease system.
APPLICATIONS.
Applications must be made to Sub-Agent of District in writing with sworn
declaration as to qualifications, and a fee of ten per cent. of
appraised value of lot, which fee is forfeited if applicant declines to
take the premises at the appraised value, and is credited to him if he
becomes the purchaser of the lot. If such applicant, however, is outbid,
his fee is returned to him.
If two or more applications are made and there is no bid above the upset
price, the first application takes precedence.
The purchaser at auction sale must pay immediately thereafter one-fourth
of purchase price and thereupon receive a "Freehold Agreement."
CONDITIONS OF FREEHOLD AGREEMENT.
The freeholder shall pay the balance of purchase price in equal
installments in one, two and three years, with interest at 6 per cent.,
but may pay any installment before it is due and stop corresponding
interest.
Twenty-five per cent. of agricultural land must be cultivated, and
pastoral land fenced before the end of third year.
Freeholder must maintain his
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