EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENTS OF ACCOUNTS FOR THE PERIOD 1st JULY, 1940, TO 30th JUNE, 1941.

Appendix to the Journals of the House of Representatives, 1941 Session I, G-04

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1941. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENTS OF ACCOUNTS FOR THE PERIOD 1st JULY, 1940, TO 30th JUNE, 1941.

Presented to both Houses of the General Assembly in -pursuance of Section 40 of the Native Purposes Act, 1931.

MANGATU No. 1. Balance-sheet as at 30th June, 1941. Liabilities. Assets. Public Trustee— £ s. d. £ s. d. £ s. d. Mortgages .. • • 148,237 5 0 Freehold lands .. .. .. .. 301,589 13 9 Interest .. .. -■ 3,150 0 8 £ s. d. 151,387 5 8 Roads Account .. .. 2,092 5 1 Bank of New South Wales— Survey Account .. .. 287 8 6 Current Account .. .. 9,575 15 8 Fencing Account .. .. 116 7 0 Interest accrued .. .. 110 13 0 Sundry blocks .. . . 533 16 5 9,686 8 8 Royal Commission .. .. 1,899 5 11 Mansratu Nos. 3 and 4 .. .. ■■ 6,200 12 6 Owners' appeal as to ownership 859 5 9 Rates accrued .... .. . • • • 62 2 9 5,788 8 8 Rent due by occupation licensees .. .. 382 611 East Coast Commissioner .. .. .. 1,927 3 7 Sundry creditors .. ... .. •• 963 13 2 Sundry debtors .. .. .. .. 4,739 5 O Distribution Account .. .. •• 1,174 7 1 Investments— Mangatahu Station: Current Williams and Kettle: Shares .. 35 0 0 Account .. .. •• 80,690 13 4 £ s. d. Wairere Station: Current Inscribed stock ..12,916 II 6 Account .. .. .. 52,265 19 3 Interest accrued .. 182 17 2 132,956 12 7 r 13,099 8 8 Amount remitted from London on account mutton War loan .. .. 5,000 0 0 and lamb on account sales not vet to hand .. 1,771 6 I — 18,134 8 8 Capital 4ecount .. .. .. .. 206,780 13 0 Kokomoko Station: Current * Account.. .. .. 11,311 8 11 Okaihau Station: Current Account .. .. .. 21,939 11 9 Pukutarewa Station: Current Account .. .. .. 20,223 17 4 Tarndale Station: Current Account .. .. .. 17,845 19 6 Waitangirua Station : Current Account .. .. .. 21,365 6 7 — 92,686 4 1 Live-stock on stations as per schedule .. .. 56,329 8 0 Building-materials on hand .. 70 8 3 Wool unrealized .. .. 556 0 0 Produce unrealized .. .. 425 10 0 — 1,051 18 3 Income Account .. .. .. .. 29,118 18 5 £511,365 8 5 £511,365 8 5

Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, Bast Coast Native Trusts Lands, for the year ending 30th June, 1941, and our report on the audit of the accounts is contained in letter of even date to the Hon. the Minister of Native Affairs.

Clarke, Menzies, Griffen, and Co., Public Accountants, Auditors.

Wellington, 23rd September, 1941.

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MANGATU No. I—continued. Income Account as at 30th June, 1941. _ , ~ . £ s. d. £ s. d. £ s. d. Balance at debit at 30th June, 1940 .. .. 20,687 17 11 Rent collected ex lessees .. .. 7,310 18 3 £ s. d. Rent collected ex occupation licensees 345 13 5 Distribution .. .. 8,445 0 0 7,056 11 8 Donations— £ s. d. Balance .. .. .. .. 29,'118 18 5 Poho-o-rawiri .. 50 0 0 Patriotic Maori Queen 150 0 0 Wahiao Meeting-house 25 0 0 Waitangi celebrations 25 0 0 Late H.R.H. Balneavis Tangi .... 50 0 0 Tolaga Bay Meetinghouse .. .. 25 0 0 Diocesan Trust Board 118 0 0 Water-supply subsidy 110 0 0 Patriotic shop .. 3 0 0 Farewell to Maori soldiers .. .. 8 3 8 564 3 8 Land-tax .. .. .. 685 10 2 Legal expenses charged Karauria and party, December, 1924, now transferred . . .. 206 4 11 Legal expenses: Current 25 1 9 231 6 8 Interest .. .. .. 5,308 4 6 Rates .. .. .. 23 10 9 Management and office expenses 365 10 10 Expenses : Meetings .. .. 31 6 10 Committee fees .. .. 275 2 0 Committee: Travelling-expenses 77 1 6 £ s. d. Secretary's salary .. 26 5 0 Secretary's expenses .. 54 10 3 80 15 3 16,087 12 2 £36,775 10 1 £36,775 10 1 £ s. d. Balance .. .. .. .. .. 29,118 18 5

Statement of Accounts foe the Year ended 30th June, 1941. M'anqataiiu Station. Pukutarbwa Station. £ s. d. £ s. d. Balance at credit at 30th June, 1940 .. .. 73,360 13 0 Balance at debit at 30th June, 1940 .. .. 21,212 0 8 Debits. Credits. Dams and road .. .. .. .. 66 0 0 1940 wool— £ „s. „d. £ s. d. Live-stock at 30th Realized .. 192 8 1 June, 1940— £ s. d. £ s. d. Valued last year .. 189 17 10 7,606 sheep .. 7,361 4 0 — 2 10 3 1,003 cattle .. 4,539 10 0 1941 wool sold .. .. .. 3,355 11 1 105 horses .. 1,325 0 0 1939 mutton and lamb— 13,225 14 0 Unrealized .. 1,015 12 0 Sheep bought .. .. .. 743 18 0 Unrealized still .. 1,015 12 0 Cattle bought .. .. .. 253 10 0 .. Wages .. .. .. 2,230 5 6 Sheep sold .. .. .. 2,513 10 0 Running-expenses, including repairs Cattle sold .. .. .. 1,323 13 2 and maintenance .. .. 3,513 11 11 Skins and hides sold .. .. 25 3 11 Rates.. .. .. .. 375 8 8 Interest .. .. .. 3,036 I 1 Interest .. .. .. 1,530 4 2 Live-stock at 30th June, , Management and office expenses .. 425 17 0 1941— 22,298 9 3 7,537 sheep .. 5,084 10 0 710 cattle .. 2,446 10 0 43,576 9 11 10 horses .. 65 p 0 7,596 0 0 17,852 9 6 Credits. 1940 wool — £ s. d. £ s. d. 91,213 3 0 Realized .. 217 14 8 Valued at .. 211 10 4 6 4 4 1941 wool —- Debits. Sold .. .. 3,424 0 6 Live-stock at 30th June, Unrealized .. 24 0 0 1940— £ s. d. £ s. d. 3,448 0 6 7,106 sheep .. 4,849 0 0 1939 mutton and lamb— 764 cattle .. 2,694 0 0 Unrealized .. 1,614 6 0 12 horses .. 75 0 0 Unrealized still .. 1,614 6 0 7,618 0 0 Sheep bought .. .. .. 173 5 0 Sheep sold .. .. .. 4,564 7 4 Cattle bought .. .. .. 60 0 0 Cattle sold .. .. .. 1,256 14 11 Wages .. .. .. ..1,11111 10 Skins and hides sold .. .. 53 4 6 Running-expenses, including repairs Meat sold .. .. .. 23 2 0 and maintenance .. .. 782 4 5 Live-stock at 30th Rates .. .. .. .. 440 16 5 June, 1941—Management and office expenses .. 336 12 0 7,984 sheep .. 7,451 19 0 10,522 9 8 1,087 cattle .. 5,119 0 0 115 horses .. 1,430 0 0 14,000 19 0 23,352 12 7 Balance at credit at 30th June, 1941 .. .. £80,690 13 4 Balance at debit at 30th June, 1941 .. .. £20,223 17 4

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MANGATU No. I—continued. Statement of Accounts for the Yeab ended 30tii June, 1941—continued. Wairere Station. Okaihau Station—continued. £ s. d. Balance at credit at 30th June, 10'4O .. .. 43,869 5 0 Credits. 1940 wool— £ s. d. £ s. d. £ s. d. Credits. Realized .. 93 0 7 1940 wool —• £ s. d. £ s. d. Valued at .. 87 7 9 Realized .. 738 4 6 5 12 10 Valued at .. 554 6 1 1941 wool— 183 18 5 Sold .. .. 1,0(56 2 6 1941 wool — Unrealized .. 48 0 0 Sold .. .. 5,193 8 3 1,114 2 6 Unrealized .. 314 0 0 1939 mutton and lamb — • —— 5,507 8 3 Unrealized .. 489 16 0 / 1939 mutton and lamb— Unrealized still .. 489 16 0 Unrealized .. 1,508 6 0 ■ — —— Unrealized still .. 1,508 6 0 Sheep sold .. .. .. 916 18 6 .. Cattle sold .. .. .. 8 0 0 :Sheep sold .. .. .. 4,932 9 1 Skins and hides sold .. .. 18 5 4 •Cattle sold .. .. .. 2,166 18 4 Live-stock at 30th Skins and hides sold .. .. 69 7 9 June, 1941—• Meat sold .. .. .. 11 4 9 2,690 sheep .. 1,883 15 0 Interest .. .. .. 1,356 15 5 314 cattle .. 1,083 0 0 Live - stock at 30th 11 horses .. 55 0 0 June 1941— — 3,021 15 0 12,795 sheep .. 8,767 1 0 5,084 14 2 1,533 cattle .. 5,711 10 0 — 50 horses .. 300 10 0 Balance at dobit at 30th June, 1941 .. .. £21,939 11 9 14,779 1 0 , 29,007 3 0 72,876 8 0 Debits. £ s. d. Tarndale Station. Furnishing ...... 82 10 7 £ a. d. Live-stock at 30th Balance at debit at 30 th June, 1940 .. .. 17,966 11 11 June, 1940— £ s. d. 12,910 sheep .. 8,848 4 0 Debits. 1,697 cattle .. 6,068 10 0 51 horses .. 270 0 0 Live-stock at 30th 25 14 q June, 1940 — £ s. d. &, s. d. iSheep bought '405 12 6 5,106 sheep .. 3,550 14 0 •Cattle bought .. .. .. 150 0 0 719 cattle .. 2,852 10 0 Wages .. .. .. 2,133 1 6 19 horses .. 9o 0 0 , n0 ~ n Running-expenses, including repairs „ , J Jr and maintenance .. .. 1,266 0 6 Sheep bought 159 12 0 Rates 746 8 8 Cattle bought 64 0 0 Management and office expenses .. 640 1 0 Horses bought .. .. .. 20 5 0 20,610 8 9 Wages .. .. .. 1,194 410 Running-expenses, including repairs \ Balance at credit at 30th June, 1941 .. .. £52,265 19 3 and maintenance .. .. 633 15 ,i 1 Rates .. .. .. .. 203 7 1 Interest .. .. .. 1,073 9 0 Management and office expenses .. 239 14 0 10,086 11 8 28,053 3 7 Credits. 1940 wool — £ s. d. £ s. d. q Realized .. 214 5 7 Okaihau Station. Valued at _ 160 12 7 £ s. d. _ 44 13 0 Balance at debit at 30th June, 1940 .. .. 20,966 17 0 '^old™ 0 ' 1 626 15 1 Unrealized . . 90 0 0 1,716 15 1 Debits. 1939 mutton and lamb— Live-stock at 30th Unrealized .. 139 16 0 June, 1940— £ s. d. £ s. d. Unrealized still .. 139 16 0 3,230 sheep .. 2,273 3 0 247 cattle .. 822 10 0 Sheep sold .. .. .. 1,259 0 5 11 horses .. 55 0 0 Cattle sold .. .. .. 1,441 13 9 3,150 13 0 Skins and hides sold .. .. 20 12 10 .'Sheep bought .. .. .. 252 15 0 Meat sold .. . . .. 8 0 0 Horse bought .. .. .. 10 0 Live - stock at 30tli Wages .. .. .. 752 8 4 June, 1941 — Running-expenses, including repairs 4,978 sheep .. 3,492 19 0 and maintenance .. .. 649 10 0 613 cattle .. 2,128 10 0 Rates .. .. .. .. 36 17 6 19 horses .. 95 0 0 Interest .. .. .. 1,081 13 1 5,716 9 0 Management and office expenses .. 132 12 0 10,207 4 1 6,057 8 11 . Balance at debit at 30th June, 1941 .. .. £17,845 19 6 27,024 5 11 ===.=——

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MANGATU No. I—continued. Statement of Accounts for the Year ended 30th June, 1941—continued. Kokomoko Station. , Waitanqirua Station. £ s. d. £ s. d. Balance at debit at 30th June, 1940 .. .. 11,199 10 1 Balance at debit at 30th June, 1940 .. .. 20,280 12 1 Debits. Debits. £ s. d. Live-stock at 30th June, Building additions .. .. 38 19 0 1940— £ s. d. £ s. d. Plant .. .. .. 12 12 0 3,764 sheep .. 2,616 15 0 51 11 0 623 cattle .. 2,588 0 0 Live-stock at 30th June, 25 horses .. 140 0 0 1940— £ s. d. 5,344 15 0 3,677 sheep .. 2,757 13 0 Sheep bought .. .. 207 18 0 478 cattle .. 2,027 3 0 Cattle bought .. .. 661 0 0 20 horses .. 340 0 0 Horses bought .. . . 24 10 0 5,124 16 0 Wages .. .. .. 1,554 2 11 Sheep bought .. .. 971 13 8 Running-expenses, including repairs Cattle bought .. .. 151 16 0 and maintenance .. .. 785 411 Wages .. .. .. 1,098 18 3 Rates .. .. .. 294 15 2 Running-expenses, including repairs Interest .. .. .. 1,176 19 10 and maintenance .. .. 941 15 5 Management and office expenses 242 5 0 Manure .. .. .. 554 22 10,291 10 10' Rates .. .. .. 188 16 5 Interest .. .. .. 720 1 5 30,572 2 11 Management and office expenses 209 2 0 9,961 1 4 ______________________ C v&ctxts 21,212 2 5 1940 wool— £ s. d. £ s. d. Realized .. .. 180 6 0 Valued at .. .. 146 16 6 Credits. 33 9 6 1940 wool —■ £ s. d. £ s. d. 1941 woolRealized .. .. 126 8 0 Sold .. .. 1,112 16 8 Valued at .. .. 116 9 2 Unrealized .. 40 0 0 9 18 10 1,152 16 8 1941 wool— 1939 mutton and lamb— Sold .. .. 1,517 19 2 Unrealized .. 157 0 0 Unrealized .. 40 0 0 Unrealized still .. 157 0 0 1,557 19 2 — . .. 1939 mutton and lamb — Sheep sold .. .. .. 819 6 0 Unrealized .. 740 7 0 Cattle sold .. .. .. 1,313 0 0 Unrealized still .. 740 7 0 Skins and hides sold .. .. 29 12 2 — —— .. Meat sold .. .. .. 10 10 4 Sheep sold .. .. .. 1,798 2 5 Timber royalties .. .. 389 2 8 Cattle sold .. .. .. 542 9 9 Live-stock at 30th June, Horse sold .. .. .. 1 0 0 1941 — Skins and hides sold .. .. 28 5 4 4,024 sheep .. 2,756 19 0 Meat sold .. .. .. 711 0 667 cattle .. 2,527 0 0 Chaff sold .. .. .. 166 9 6 26 horses .. 175 0 0 Potatoes .. .. .. 32 12 6 5,458 19 0 Live-stock at 30th June, 9,206 16 4 1941— 3,936 sheep • . . 3,068 11 0 535 cattle .. 2,352 14 0 19 horses .. 335 0 0 — 5,756 5 0 — 9,900 13 6 Balance at debit at 30th June, 1941 .. .. £11,311 8 11 Balance at debit at 30th June, 1941 .. .. £21,365 6 7

Statement of Stock depastured on Stations as at 30th June, 1941.

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Sheep. Cattle. Horses. Total. Station. Number. Value. Number. Value. Number. Value. Number. Value. __ £ s. d. £ a. d. £ a. d. £ s. d. Kokomoko (flock) .. .. 3,606 2,410 4 0 432 1,490 10 0 19 335 0 0 4,057 4,235 14 0 (stud) .. .. 330 658 7 0 103 862 4 0 .. .. 433 1,520 11 0 Mangatahu .. .. 7,537 5,084 10 0 710 2,446 10 0 10 65 0 0 8,257 7,596 0 0 Okaihau .. .. .. 2,690 1,883 15 0 314 1,083 0 0 11 55 0 0 3,015 3,021 15 0 Pukutarewa (flock) .. .. 7,221 5,131 9 0 850 2,979 10 0 114 1,410 0 0 8,185 9,520 19 0 (stud) .. .. 763 2,320 10 0 237 2,139 10 0 1 20 0 0 1,001 4,480 0 0 Tarndale .. .. .. 4,978 3,492 19 0 613 2,128 10 0 19 95 0 0 5,610 5,716 9 0 Waitangirua .. .. 4,024 2,756 19 0 667 2,527 0 0 26 175 0 0 4,717 5,458 19 0 Wairere .. .. .. 12,795 8,767 1 0 1,533 5,711 10 0 50 300 10 0 14,378 14,779 1 0 43,944 32,505 14 0 5,459 21,368 4 0 250 2,455 10 0 49,653 56,329 8 0

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MANGATU Nos. 3 and 4, Balance-sheet as at 30th June, 1941. Assets. Liabilities. £ s. d. Freehold property— £ s. d. £ s. d Capital Account .. .. .. .. 29,640 0 0 Mangatu No. 3 .. .. 21,640 0 0 £ s. d. Mangatu No. 4 .. .. 8,000 0 0 Incomo Account .. .. 10,064 13 8 29,640 0 0 Less Debit Revenue Account 2,744 5 7 Mangatu No. 1 .. .. .. .. 6,200 12 6 7,320 8 1 Improvements— Fencing .. .. .. 577 18 7 Survey .. .. .. 541 17 0 — 1,119 15 7 £36,960 8 1 £36,960 8 1 Auditors' Certificate. We have audited the accounts of Mangatu Blocks 3 and 4, East Coast Native Trust Lands, for the year ended 30th June, 194-1, and our report on the audit of the accounts is contained in our letter of even date to the Hon. the Minister of Native Affairs. Clarke, Menzies, Grippin, and Co., Public Accountants, Auditors. Wellington, 23rd September, 1941.

Income Account as at 30th June, 1941. £ s. d. £ s. d. £ s. d. £ s. d. Donation Provincial Patriotic Fund 50 0 0 Rent received .. .. 706 11 2 Land-tax .. .. .. 716 8 Purchase-price of timber rights 10,000 0 0 Rates .. .. . • 86 11 0 Interest .. .. .. 156 5 5 Compiling list of owners .. 7 17 6 10,862 16 7 Survey and report re timber .. 75 0 0 Legal expenses re timber .. 10 11 2 Amount transferred Te Reinga Mill 500 0 0 Management .. .. 60 6 7 798 2 11 Balance .. .. • • • • ■ • 10,064 13 8 £10,862 16 7 £10,682 16 7

MANGATU No. 3. Statement op Accounts fok the Year ended 30th June, 1941. £ s. d. Balance at credit at 30th June, 1940 .. .. 10,648 7 4 Credits. £ s. d. Rent received .. .. .. 706 11 2 Interest .. .. .. .. 496 11 0 1,203 22 11,851 9 6 Debits. Land-tax .. .. .. 7 16 8 Donation: Patriotic Maori Queen .. 50 0 0 Management and office expenses .. 35 6 7 93 3 3 Balance at credit at 30th June, 1941 .. .. £11,758 6 3 MANGATU No. 4. Statement of Accounts, fob the Year ended 30th June, 1941. £ s. d. Balance at debit at 30th June, 1940 .. .. 14,512 8 6 Debits. £ s. d. Rates .. .. .. .. 86 11 0 Interest .. .. .. .. 340 5 7 Compiling list of owners .. .. 717 6 Survey and report on timber .. 75 0 0 Legal expenses re timber .. .. 10 11 2 Transferred to Te B,einga Mill .. 500 0 0 Management and office expenses .. 25 0 0 1,045 5 3 15,557 13 9 Credits. Purchase-price of timber rights .. .. 10,000 0 0 Balance at debit at 30th June, 1941 .. .. £5,557 13 9

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23rd September, 1941. Sir, — We report that we have completed the audit of the accounts of the Mangatu Block No. 1 for the twelve months ended 30th June, 1941, also the accounts of the Mangatu Blocks Nos. 3 and 4 for the same period. We attach hereto a set of the foregoing accounts, and have the following comments to make : — Freehold Property. —We have not inspected the title deeds relative to the properties, but have accepted the certificates of the mortgagee, the District Public Trustee, that he is holding certain of the documents as security for advances. The solicitors to the Trust have also certified that they are holding on behalf of the East Coast Commissioner the documents relating to the Mangatu Blocks which are not subject to mortgage. Stock.—We have accepted the numbers and values of live-stock on the stations as at 30th June, 1941, as certified to by the Farm Managers and Mr. H. Syme, the Farm Supervisor. Distributions. —In cases where payments have been made to Natives during the year under review from the Tairawhiti District Maori Land Board, we have accepted the Board's receipts for the moneys paid to them, but have not checked the individual receipts of the Natives concerned. The same procedure has been adopted as in previous years, and the individual receipts of the Natives will be checked by the Government auditors in the course of their audit of the Tairawhiti District Maori Land Board. The amount distributed to the beneficiaries for the year under review was £8,445. Amounts remitted from London on account Mutton and Lamb on account Sales not yet to Hand, £1,771 6s. Id. — Account sales had not been received at the 30th June, 1941, for certain consignments of mutton which were on hand at the 30th June, 1939. When the complete account sales come to hand adjustments will be made with this account and the stations concerned. Mangatu Nos. 3 and 4.—These accounts are incorporated in the books of No. 1 Block, but separate Balance-sheet, Income Account, and Statements have been prepared. Subject to the foregoing remarks, we certify that to the best of our knowledge and belief the accounts signed by us are correct. We have, &c., Clarke, Menzibs, Griffin, and Co., Public Accountants, Auditors. The Hon. the Minister of Native Affairs, Wellington C.l.

Approximate Coat of Paver. —Preparation, not given printing (470 copies), £10.

Authority: E. V. Paul, Government Printer, Wellington. —1941.

Price 6d.]

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