The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1895-05-18

sion of land situate in said Ahupuaa
of Olaa, under a lease from the Com
missioners of Crown Lands, not re-
serving rent for the first three years of
such lease, at any time after the first
payment of rent on account OF such
lease, and when all the conditions of
such lease to be performed by the
lessee previous to such time shall have
been substantially performed by it,
and upon payment OF the requisite de-
posit money, the Sub. Agent shall exc
cute in favor of and deliver to any
stockholder of such corporation who
may be named in such application, or
any individual named in such applica-
tion who shall file a certificate of quail
ifications with the Sub-Agent accord
ing to the provisions of Section 62, q
Right of Purchase Lease or q Free
hold Agreement, according to the re-
quest of the application, for any por-
ton of the leased premises not over
one hundred acres in extent, accord
ing to the limitations of Section 80.
Upon the receipt of such Right of
Purchase Lease or Freehold Agree
ment by the lessee or freeholder,
the premises therein described
shall be thereafter free from the stipu-
lations of such Crown lease, which
shall however remain in full force as
to the remainder of the premises des-
cribed therein.
Section 50. The following incorpor-
ated companies, tO-wit: Kona Coffee
and Commercial Company, Aloha
Coffee Company, and Kanekoa
Coffee Company, having the right
of possession to land in the
said Ahupuaa of Olaa under
leases from the Commissioners of
Crown Lands, upon reducing to bona
fide cultivation in coffee to the salts
faction of the Commissioners fifty per
cent. of the area of the premises held
under such leases respectively aud
paying to the Commissioner the un-.
i'm proved value of such area so re-
duced to cultivation according to the
appraisement stated in Section 81,
shall be entitled to receive from the
Government, Land Patents for such
areas respectively, if all the conditions
of such leases to be performed by the
respective lessees up to such time shall
have been substantially performed.
And thereafter, upon reducing to bona
fide cultivation in coffee fifty per cent.
of the remainder of such premises re-
spectively, and paying to the Com
missiOners the unimproved value of
such remainder, according to the ap-
praisement stated in Section "a, such
corporations shall be entitled to re-
Patents for such remaining premises
respectively, If all the conditions OF
such leases to be performed by the
lessees respectively up to such time
shall have been substantially per-
formed.
Provided, however, that the provis-
ions of this section shall apply only to
those of such corporations as are orr
may hereafter be incorporated under
the laws of the Republic of Hawaii.
Section SO. The deposit money
upon application for Right of Pur-
chase Lease under the provisions of
Sections 80 and 81 shall equal six
months rent of the premises applied
for, which shall be credited to the ap-
plicant on account of rent If the appli-
cation is successful.
The deposit money upon applica-
ton for a Freehold Agreement under
under the provisions of Sections so
and 81 shall correspond to one-fourth
in question, and shall be credited on
account Of the purchase if the applica-
tion is successful.
Section S4. The land covered by
the Crown Leases above referred to is
hereby appraised as follows for the
purpose of the foregoing provision for
furnishing to the lessees thereof Right
of Purchase Leases and Freehold
Agreements
The first line of fifty acre lots near
est the Volcano road according to the
Olaa surN ey, eight dollars per acre;
the second line of fifty acre lots six
dollars per acre;all other lots four dol
lars per acre. Such appraisement
shall fix the value of land taken up
under Freehold Agreements without
an auction sale.
Section So Except as above pro-
vided the general provisions relating
to Right of Purchase Leases and Cash
Freeholds shall apply to the status Of
the said parties securing such holding
respectively provided however, that
any continuous residence performed
by such parties under the said Crown
Leases shall be credited to them in
like manner as IL the same had been
performed under the Right OF Pur-
chase Leases or Freehold Agreements
SO obtained by them.
PUUKAPU AND KAIMU RESERVATIONS
AND NATIVE RESERVATION OF
OLAA.