go ARGENTINA - MISCELLANEOUS 



holding. The loan will become eSective gradually with the sale of the 

 lots. The purchaser must make himself responsible for the mortgage 

 loan and the balance of the price shall be paid in ten instalments with 

 interest at 7 %. As regards this balance, the undertaking shall be guar- 

 anteed by a second mortgage on the land sold. 



General Provisions. — The draft lav/, in order to consolidate the small 

 farms thus formed, provides that for the first ten years no writ of execution 

 shall have force in regard to holdings of less than 80 ha. and thej' shall 

 be undistrainable. The same provision shall apply in the case of the farm 

 implements, machinery, livestock for farm use, seeds etc, as well as to fturn- 

 iture of common use. Special fiscal exemptions shall, finally, be granted in 

 the case of the various legal deeds. 



(Sunituarised from the Bulletin of the Agricultural Dcpartmeut, August, September, 191 3). 



2 .— A COLONISATION LAW FOR THE PROVINCE OF CORDOBA. — The 



Parliament of the Province of Cordoba has recently passed a bill for the 

 encouragement of agricultural colonisation, by means of State intervention. 

 The Executive Authorities are authorized to acquire, by means of purchase 

 at auction or expropriation, 2,500 hectares of first quality land and 

 200 hectares of irrigated land on condition of its not being more than 10 

 kms. from a railway station. 



As a result of expropriation, this land is declared to be of public util- 

 ity. The land of the first class must be cultivated wdth grain and will 

 be subdivided into holdings of 25 hectares each ; that of the second class 

 win be divided into 5 hectare lots and planted with fruit trees. 



In no case, may anyone acquire more than 100 hectares of grain land, 

 nor more than 15 ha. of irrigated land. 



Professional farmers shall have, the, preference, and among these 

 such as reside in the neighbourhood, are citizens of Argentina, and 

 have the largest number of childien. 



The land will be sold at cost price, increased by the amount of the 

 expenditure incurred ; the purchaser shaU pay 10 % at once, the balance 

 in 15 monthly instalments, together with 7 % a year on the balance 

 due: payment of the instalments may also be made in advance. The 

 purchase contract, is final, but the land remains mortgaged until the 

 price is paid in full. 



Within five years from the passing of the contract, the purchaser 

 must have brought the land under cultivation : he must live on the land 

 and cultivate it himself. If he does not fulfil the above conditions, the 

 sale is void and the land reverts to the State : the colonist loses the in 

 stalments and interest paid and has no right to any compensation. 



The land in question is exempt from Government taxes for 15 years; 

 during all that time no writ of execution can be enforced against it, nor 



