Page:The Coming Colony Mennell 1892.djvu/66

 and Bunbury, and specimens of the coal taken from it have been favourably reported on by English experts. If the latter is proved to be obtainable in reliable quantity and quality the conditions of life in this portion of Western Australia would be revolutionized after a fashion which would petrify the old identities.

Amongst the pioneer land companies of Western Australia this Land Corporation of West Australia, Limited, occupies an important position. The Company was incorporated in 1885 under the Joint Stock Companies Acts, and is managed by a London board of directors, at No. 5, Copthall Buildings, London, E.C. The Company had the good fortune to obtain from the Government in 1885, under the old land regulations of 1878, leases for about 1,250,000 acres, situated on the main Perth-Albany road and in proximity to the Great Southern Railway on the east and the Perth-Bunbury Railway on the west. Under these regulations the terms to purchasers were made very easy with a view of inducing settlers to take up and work the land, leases being granted for twenty-one years, subject to the nominal rent of £1 per annum per thousand acres, and on the condition of the lessees erecting a fence round each block and eradicating the indigenous poison shrubs which grow more or less over the colony. The leases thus granted are known as "conditional freeholds," and are readily transferred on payment of some small charges. The Land Corporation had the advantage of being associated with Mr. Alexander Forrest and Mr. W. H. Angove, who certainly showed sound judgment in selecting the lands in the South-west District. The quantity of land surveyed and selected by the Corporation was more than 1,800,000 acres, but the Government, in view of the very favourable terms on which they would be alienating their good land, hurried the Act of 1887 through the Legislature, the time allowed for obtaining the freehold being thereby reduced from twenty-one years to three years, and refused to grant leases for about 600,000 acres, thus reducing the quantity to be acquired by the Land Corporation to about 1,250,000 acres. Now that the colony has its own Government, and so many buyers of land are coming