Conditional Purchase
Most of the land around the village of Tomerong was obtained via the Conditional Purchase scheme that operated from 1862. A conditional purchase was known as free selection before survey. The idea of the 1861 Act was to get small selectors out on the land. You were required to pay a deposit of one quarter of the purchase price and had to reside on the land for three years (by 1884 it was five years and by 1895 it was 10 years). You had to add improvements to the land to the value of one pound per acre e.g. fencing and clearing. Selections were between 40 and 320 acres (increased to 640 acres in 1875) with interest at 5% paid annually. Sometimes it took decades to pay off the balance and therefore obtain title. Consequently a CP may have had a number of owners before title was obtained. Initially there were no age restrictions for applications, however this would change in subsequent Acts. The name on the Parish Map is the person who made the final payment. Additional CP's (ACP) did not require you to reside on them. CPs could not be sold but could be transferred and mortgaged. See the link below for more information on Tomerong 'Land'.[1]
Back to Institutions of Tomerong
Notes and References
Links
- Tomerong Local History Web Page- tomeronghistory.com
- Tomerong Past Facebook Album- Tomerong Past Facebook This site may provide more information relative to this institution, business or location. Check the appropriate album; e.g. School, Sawmills, Clyde Shire etcetera.
- Tomerong History- From Bullocks to Bypass
- More information on land alienation around Tomerong is at 'The Land'
