The Independent. [volume] (Honolulu, H.I.) 1895-1905, 1899-08-24
THURSDAY, AUGUST "a, 1899.
THE oLAA LANDS.

In response to enquiries in regard
to the Olaa lands we print the fol-
lowing "officiap remarks. We cer-
tainly don't wish any sane person to
invest in "Olaa," and at the same
time we do not wish to throw a
Klondike blanket on the latest Dill
ingham enterprise. The conditions
of sale are self-explanatory.
The purchaser OF one lot may bid
for second lot in actual contact with
the first but for no other, this rule
applying to lots other than those on
main road
Purchaser of lot on main road can
not bid for a second lot on said road,
but may bid on second separate lot
elsewhere.
An Agreement Of Sale to be- made
with purchaser on following terms
and conditions.
The purchase price of the land to
be paid within ten years, either in
full at any time within said period
OF ten years, or in ;nstalments OF one
or more tenths Of the purchase price
on any interest date.
Interest at rate OF 6 percent per
annum from date OF Agreement on
unpaid balance Of purchase price,
payable semi-annually.
Purchaser shall begin substantial
improvement of his holding within
two years from date OF Agreement,
and shall from the end of second
year have under cultivation at all
times, not less than ten percent of
the premises. To entitle him to Pa
tent Grant giving fee simple title,
he shall continuously maintain his
home upon the premises for term
OF six years and have at the end Of
such term 25 percent OF the prem
ises under bona fde cultivation, or
shall have maintained his home con-
tinuously upon the premises for four
years and have under cultivation, at
end of such period, 80 percent of the
premises, such maintaining of a
home to begin at any time before
the end OF fourth year from date OF
Agreement
He shall plant if not already
growing and maintain in good grow
ing condition from end of second
year until termination of Agreement
an average Of not less than ten tim
ber, shade or fruit trees per acre.
He shall allow the Agent OF the
Government at all times to enter
and examine the premises, and shall
pay any taxes that may become due
on the same.
AT the end OF tenth year or earlier
il all conditions necessary thereto
have been substantially complied
with, the purchaser shall be entitled
to Land Patent conveying fee SIM
pie title to the land described in
Agreement OF Sale.
In case of default or failure to
perform the required conditions the
Commissioners may take possession
OF the premises and may sell the
same at auction, either as a whole or
in parcels, for cash or terms OF time
payments; and if such sale results
in advance on the original price, the
original purchaser to receive there
from the amount OF his payments to
the Government on account Of pur-
chase, without interest, and a pro
rata share in such advance in pro-
portion to the amounts of his pay
ments. II such sale shall result,
however, in less price than the
original the amount returned to him
shall be charged with a pro rata
amount OF such decrease proportion
ed to the amount OF his payments,
An Agreement of Sale covering
such conditions of sale shall be made
with the Government and no assign
ment OF interest under such Agree
ment shall be made without the
written consent OF the Commission
ers Of Public Lands.