May 2, 1892.] 
THE TROPICAL AGRICULTURIST. 
803 
MEMORANDUM OB' TERMS AND CONDI- 
TIONS OB' SALE OB' THE MILDURA 
IRRIGATION LANDS, VICTORIA. 
Including IVater-Riglda, tt-c., under the Agree- 
ment entered into with the Oovernment of the Colony, 
a» authorhed by Special Act of Parliament. 
Cash Pdrchasb System. 
Horticultural Lands. 
1. The lands suitable for vineyards and fruit 
farms are divided into 10-acre allotments and sold 
at the cash price of £21 per acre to the maximum 
of 80 acres to any single purchaser : — £2 i>or acre 
of the purchase-money payable on application and 
the balance at the time of transfer. If cash 
be paid in full within one month from the 
date of application a discount of 2^ per cent, 
is allowed on the lull amount. The above price 
includes water-right and one fully paid-up share 
in the Mildura Irrigation Company Limited for 
each acre of land purchased, as set forth below 
in paragraphs 7, 8, and i). 
N.B. — Ali the Pumping Machinery, Irrigation 
Channels, Conduits, and Pipes are constructed 
and provided at the cost of Chaffey Bros., Limited, 
for the conveyance of water to the highest corner 
for distribution in each allotment. 
Time Payjient System. 
2. Land for fruit cultivation may be purchased 
on time payment, subject to the same stipuiations 
and conditions and including water-rights, together 
with the same proportionate share in the Mildura 
Irrigation Company Limited, as above stated, upon 
the following conditions : — A deposit of £2 per 
acre is required upon application, and the balance 
of the purchase-money is paid upon the Building 
Society principle by montlily instalments extending 
over a term of five years. If desired, 10 years’ 
terms may be arranged. 
For each lO-acre horticultural allotment the 
purchaser will pay £20 deposit. B'ive years' in- 
terest at the rate of .5 per cent, is added to the 
balance of purchase-money (£190), and the total 
is divided into GO instaliueuts of £3 19s. 2d. per 
month. Instalments on the 10 years’ system, £2 
Is. (Id. per month. 
Town and Suburban Lands. (All sold pending 
completion new survey.) 
3. The lands subdivided for building sites will 
he sold at £2.'5 each lot (ordinary size, 33 ft. 
x l!>!) ft.); £5 deposit, balance in two years, payable 
hy monthly instalments of 18s. 4d. each, which 
includes interest. 
Villa lots of the area of 24 acres, £100 each ; 
£20 deposit, balance in 5 years, payable by monthly 
instalments of £1 138. 4d. each, which includes 
interest. 
If the whole of the purchase- money be paid in 
full within one month from the date of application 
a discount of 24 per cent, on the full amount is 
allowed. 
Leasehoi.d System. 
4. All Purchasers may rent irrigated lands (the 
supply of water being included in such rental) for 
general agricultural purposes for a term of years 
to be agreed upon, at the annual charge of one 
•inarter of the gross produce, and they may by 
special arrangement secure the power of purchas- 
ing such laud within a given period. 
Title Cewtivic.ate. 
5. Title Certificates willbe issued for all lands pur- 
chased whetlter upon the cashortime payment systems ; 
“iid where the latter is preferred the purchaser trill be 
'Required to execute the Company’s form of mortgage 
yllcgistrution Fee ten shillings)- By this method the 
purchaser loilt have a negotiable security, and be placed 
in a better position to finance for the improvement 
of his laud or otherwise, should he require it. 
By special arrangement the Company is in a 
position to obtain for purchasers their Title Certi- 
ficates at the reduced cost of £2 28. for one or 
more lots not exceeding in aggregate value £50, 
with an additional Ss. stamp) duty for every 
additional £50 value of land to be conveyed. 
The, Maintenance, Management, iLc., of the Irri- 
gation Works. 
G. Every purchaser of land, whether for cash 
or on time payment, will have issued to him one 
fully paid-up share in the Mildura Irrigation 
Company Limiteil for eacli acre held hy him. 
Each share will entitle the holder to one vote 
in the control of the management of the Irrigation 
Works; and each share will be issued as appur- 
tenant to, transferred with, and inseparable fem 
each acre of laud. 
7. The Irrigation Works will be under the 
control of a Board of Directors, who will be from 
time to time elected by the shareholders. 
8. Each landholder will be called upon to sign 
the Company’s agreement in respect of the water- 
rights and to pay a yearly charge (to be levied 
by the authority of the Mildura Irrigation 
Company Limited) at an equitable rate pier acre 
sufficient to defray the working expienses of the 
irrigation machinery and works, and maintaining 
the same in good order and condition, hut there 
is no charye for interest upon cost of Puirtping 
Machinery and Irrigation Works, which are all 
qirovided by Chaffey Bros. Limited. 
A printed copy of the Memorandum of the Arti- 
cles of Association of the Mildura Irrigation 
Company Limited can be obtained on p)ayment of 
One Sliilling. 
Further information if desired will be furnished on 
application to Chaffey Brothers Limited, Chaffeys’ 
Irrigation Offices, Swanston Street, Melbourne. 
-♦ 
CULTIVATION OF LAND. 
Ist October, 1891. Cultivation is not compulsory. 
Land holders desiring to cultivate may improve 
eitherthe whole or only a portion of their holdings, 
and the area under cultivation may be gradually 
increased to suit the convenience of owners. 
The Company is prep)ared to enter into con 
tracts for clearing, fencing, ploughing, grading, and 
planting allotments; also for tending same for one 
or more years. A large piropjortion of land holders, 
both non-resident and resident, have availed them- 
selves of this system of cultivation, which affords 
special facilities for the acquisition of profitable 
fruit farms and vineyards by investors unable to 
take upj immediate residence, or lacking the ex- 
perience necessary to enable tliem to undertake the 
heavy Initiatory work of prepiaration and pilanting. 
In addition to the Company there are several 
private firms at Mildura and Reuraark who under- 
take the work of preparation, pilanting, and tending 
for resident and non-resident owners. 
The following estimate of expenditure is pirGp)ared 
with a view of showing the approximate amount 
of cap)ital required for the purchase aud cultivation 
of one 10-acre allotment, where the work of 
cultivation and tending is undertaken by the 
Company. The cost of plants varies from £1 for 
raisin-vine cuttings to £9 12s. for orange trees, 
per acre, and in order to arrive at an average 
the estimate provides for 5 acres each of vine 
cuttings and orange trees. 
Prices of plants are subject to the usual fluc- 
tuations of the market. Quotations are given on 
application for orange, lemon, peach, apricot 
uecta'-ine, pear, flg, aud prune trees ; olive truu- 
