Land was obtained under “Mining Conditional Purchase” for £20 an acre, requiring an outlay of £2 an acre as a deposit, the balance being payable in two years, or the land being forfeited if no improvements had been undertaken within this period. With the purchase of the land went a Mining Right to any minerals found therein except gold. Often, as in this case, the purchase money was borrowed against the security of the land, a strange arrangement to our eyes, as the land was subject to forfeit!