TENANT RIGHT 421 



TERMS OF TENANCY. 



The tenants are all yearly. The arable land is 

 let at from 15s. to l 5s. an acre, the grass land at 

 l 15s. This rent is fixed 'to cover the lessee's rent 

 to the Crown, interest upon capital outlay, drainage 

 rate, land tax, etc., annual expenses of management, 

 and the preliminary expenses connected with the 

 surveying, staking out, valuing, letting, and loss, if 

 any, on tenant-right, such expenses being written off 

 over a period of years. In fixing the rent the end 

 in view was to make the estate self-supporting as 

 a small-holdings farm, without consideration of 

 profit on the one hand, or of recourse to philanthropy 

 on the other.'* 



APPORTIONMENT OF TENANT-RIGHT. 



' The apportionment of a tenant-right exceeding 

 2,200 in amount looks a formidable task until 

 one comes to close quarters. In choosing and 

 placing a tenant the tenant-right was kept in view, 

 and all the tenants of the principal holdings agreed 

 in writing, before entry, to take a fair portion of 

 the roots, straw, manure, etc., as valued, in accord- 

 ance with the acreage hired and the proper course 

 of cultivation for the year 1907. The manure was 

 thrown up in thirty-two heaps. At the time of 

 writing thirty-one heaps have been disposed of to in- 

 coming tenants, and the manure is, for the most part, 



* J. H. Diggle, Journal of the Land Agents' Society, 

 January, 1907. 



