NORFOLK COUNTY COUNCIL 341 



district, with a view to considering the matter 

 further should land come into the market. 



At the Council meeting in April it was definitely 

 known that a suitable farm was for sale, and power 

 was delegated to the Small Holdings Committee to 

 purchase the land at such a price as seemed reason 

 able for the purpose. 



In the following month the farm, of 92 acres, was 

 bought for 4,100 i.e., about 45 an acre. The 

 Council borrowed 4,200 at 3f per cent., the legal 

 charges and expenses of registering title, etc., being 

 about 100. By an annual payment of 190 the 

 principal and interest will be repaid in forty-eight 

 years, when the land will become the property of 

 the County Council. 



The farmhouse and 12 acres of pasture land was 

 let to an outsider for .50. There is a strong feeling 

 that the grass land should have been kept for the 

 benefit of the small-holding class, many of whom 

 were anxious for it.* 



The rest of the land was divided up into thirty- 

 three lots of from 1 to 4 acres and one lot of 5 acres. 

 The total rent received is estimated at 246 5s. 6d., 

 which represents an average of 2 13s. an acre. The 

 Council pay taxes and drainage rates, clean the 

 ditches and maintain fences. The tenants pay poor 

 and district rates. 



The land is let on a yearly tenancy from Michael- 

 mas, subject to twelve months' notice. The rents 



* I am informed that this has since been let to small 

 holders. 



