The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-12-07
HAWAII AS A FIELD FOR
INVESTMENT Of CAPITAL
Present Value and Future Importance to the
Nation---Sugar securities-IndustrIaI and Asri-
cultural Development Opportunities for Set
tIement.

fed persons without other payments than
A fee of two dollars upon application
and a fee of FIVE dollars upon issuance
of Homestead Lease.
The limit of area in the different
classes of land which may be acquired
under Homestead Lease, which is in
alienable, Is:
land;
Sixteen acres second-class agricultural
land;
One acre wet (rice or taro) land;
Thirty acres frst-class pastoral land !;
Sixty acres second-class pastoral land :;
Forty-fve acres pastoral-agricultural
land.
These different areas of land of vary
ing quality have been determined by
long experience to be amply sufficient
to comfortably support family of FIVE
for one year.
The Right of Purchase Leases, for
the term of twenty-one years, may be
issued to qualified applicants, with the
privilege to the lessee of purchasing
at the end of three wears and upon full
fillment of special conditions, the limit
of areas which may be acquired being :
One hundred acres first class agri-
cultural land;
Two hundred acres second-class agri-
cultural land.
Two acres wet (rice or taro) land
Six hundred acres first class pastoral
land;
Twelve hundred acres .second-class
pastoral land;
Four hundred acres mixed agrlcul-
tural and pastoral land.
The terms of rights of purchase lease
are twenty-one years, with cash rental
of 8 per cent on the appraised value
given in lease, payable serni-annually.
The other conditions imposed are sim
liar to those in force in our homestead
law.
At any time after third year of lease
hold term, the lessee is entitled to a
land patent giving fee simple title upon
his payment of the appraised value set
forth in lease. if he has reduced to
cultivation IS per cent of his leased
premises. and has substantially perform
ed all other conditions of his lease.
Cash freehold lots are sold at auction
to the highest qualified bidder, at ap-
praised value as upset price.
The qualification of applicants for
cash freeholds and the areas of land
which may be acquired are the same as
those under right of purchase lease
system.
Under certain conditions, public lands
not under lease may be sold in blocks
of not over 1000 acres, at public auction
for cash, and upon payment of full con-
sideration a land patent will be issued.
For the year ending June 80, 1903, the
Commissioner of Public Lands disposed,
under the methods enumerated, OF about
10000 acres of land, which was a con-
siderable increase over the previous
year 1t will be seen that the govern
inent, in framing its land laws, has Of
fered attractive inducements for the inn
migration of the small farmer and agri-
culturist of moderate means, who may
be able to prohtably occupy land at
present taken up exclusively for sugar
or which is not best adapted for grow
ing sugar. 'As mentioned before, the
land often being held by estates, there
has been. up to the present time, no
opportunity for the operations of large
land or colonization company, such as
We have elsewhere, and except in rare
instances, the actual settler must de-
pend upon the government and observe
its requirements, to obtain land in fee
simple in Hawaii.