The Government further undertook to
ratify the original titles of the Company, and to make a survey at the
joint expense of both parties, for the purpose of ascertaining the exact
area comprised in the original transfer. Any lands found to be in excess
were to be paid for by the Company to the Government at the rate of
$13.50, paper, per hectarea (about 8s. an acre). The price of such
excess lands was to be recouped by the Government from the Bonds issued
to the Company, and the Government retained $712,000 Bonds for this
purpose, pending the result of the survey.
[Illustration: _Cattle Train on Central Argentine Railway, bringing
Cattle to Barrancosa._]
RAILWAY COMMUNICATION.
At the time of the formation of the Company, the nearest railway was
that belonging to the Central Argentine Railway, and the nearest
railway station was Rosario, but some years later, the lines now
belonging to the French Railway Company of the Province of Santa Fe were
laid between Santa Fe and San Cristobal. Subsequently the Central Norte
Railway, which stretches northwards from San Cristobal to Tucuman, was
built by the National Government, and in 1907, the National Government
built a line from Santa Fe to San Cristobal _via_ San Justo.
The Company have built a railway from a point north of Vera running into
their forests, and extend it from time to time as the development of the
wood industry demands.
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