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area and value of principal security blocks. Acres. Mangatu Nos. 5 and 6 .. .. .. .. .. 30,630 Mangaokura No. 1 .. .. .. .. .. .. 2,027 Pakowhai .. .. .. .. .. .. 374 Tangotete No. 1 .. .. .. .. .. 5 Tangotete No. 2 .. .. .. .. .. 75 TeKuri .. .. .. .. .. .. .. 216 Whataupoko G, Section 32 .. .. .. .. .. 10 33,337 Value, £35,195 10s. ■■ Mangaheia No. 2d.—Statement of Account for the Year ending 31st March, 1914. Receipts. £ s. d. £ s. d. Rents 1,759 19 10 Interest .. .. .. .. .. .. .. 40 6 11 1,800 6 9 Balance at debit, 31st March, 1913 .. .. .. .. 84 1 6 Payments. Rents to beneficiaries .. .. .. .. .. .. 1,403 0 0 Commission on paying out rents (two years) .. .. .. 40 0 0 Land-tax . . .. .. .. .. .. .. 41 15 6 Law-costs .. .. .. .. .. .. .. 040 Management, audit, and office expenses .. .. .. .. 85 0 0 1,654 1 0 Balance at credit, 31st March, 1914 .. .. .. .. .. £146 5 9 Area of block, 5,965 acres 3 roods 16 perches. Value, £35,400. Mangapoike A.—Statement of Account for the Year ending 31st March, 1914. £ s. d. Balance at credit, 31st March, 1913 .. .. .. .. .. .. 257 2 3 Receipts. £ s . d. Rents . . 722 18 6 Interest .. .. .. .. .. .. .. 37 5 6 760 4 0 1,017 6 3 Payments. Rents to beneficiaries .. .. .. .. .. .. 482 2 0 Land-tax . . .. .. . . .. .. .. .. 36 15 10 Management, audit, office, and travelling expenses .. .. .. 40 0 0 558 17 10 Balance at credit, 31st March, 1914 .. .. .. .. .. .. £458 8 5 Area of block, 16,420 acres. Value, £24,888. Mangapoike 2a 3.—Statement of Account for the Year ending 31st March, 1914. £ s. d. Balance at debit, 31st March, 1.913 .. .. .. .. .. .. 1,571 710 Payments. £ s . d. Law-costs and mortgage charges .. .. ... .. .. 410 8 Land-tax .. .. .. .. .. .. .. .. 7 16 8 County and harbour rates . . .. .. .. .. 40 12 8 Inspecting and reporting on block .. .. .. .. 10 0 0 Travelling-expenses allowed to beneficiaries .. .. . . 25 0 0 Interest .. .. .. • •• .. .. .. 56 6 6 Management, audit, and office expenses .. . . .. 33 3 0 177 9 6 1,748 17 4 Receipts. Rents .. .. .. •• .. .. .. .. .. 328 7 0 Balance at debit, 31st March, 1914 .. .. .. .. .. .. £1,420 10 4 Area of block, 9,438 acres 2 roods 22 perches. Value, £16,148.

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