MISCELLANEOUS NEWS 9 1 



shall it be distrainable etc. and the same appUes to the seeds, machinery, 

 livestock etc. 



The proprietor or the capitaHstic undertaking may enjoy the benefits of 

 the law, on condition of conforming to the provisions contained in it. The 

 undertaking shall have the right to reserve to itself the third part of the land 

 intended for colonisation, in order to sell it when and how it pleases. 

 The Executive Authorities may take over 20% of the land purchased by the 

 undertaking, granting it a corresponding number of provincial bonds, re- 

 deemable in 15 years at 6 %. The produce of the land acquired by the 

 Treasury in the above proportion shall be exclusively reserved for payment 

 of interest and redemption of bonds. 



The Executive Authorities are authorized to utilise for the purpose 

 of carrying out the law the revenue from taxes on threshing machines, 

 hulling machines etc. as well as the purchase price of the holdings. 



(Summarised from the Gaceta Rural, Buenos-Aires, October, 1913). 



