B.—l [PT. IV],

LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1936—continued. Assets.

54

General. Cheviot. Trust. W " Hutt Valley. Total. Land Account— £ s. d. £ s. d. £ s. d. £ a. d. £ s d Estates leased .. 10,383,551 9 9 328,047 11 1 Estates unlet .. .. .. 260,794 17 7 325 0 0 115.409 0 0 10,644,346 7 4 328,372 11 1 .. 115,409 0 0 11,088,127 18 5 Land Laws Amendment Act, 1929— Land leased .. .. .. 91,872 0 0 Land unlet .. .. .. 10,745 0 0 102,617 0 0 .. .. .. 102,617 0 0 Provisional State forest .. .. 3,158 6 6 . . . . 3 15$ 0 g 11,193,903 4 11 Unpaid purchase-price (not yet payable)— Buildings on estates . . .. 106,636 14 1 15 0 0 Sales of settlement land .. .. 418,887 8 3 18,539 0 0 .. 113,992 1 10 Sales of Crown land . . .. 465,679 12 11 . . 46,234 8 1 Land Laws Amendment Act, 1929— Buildings .. .. .. 214 4 4 Sales of land .. . . . . 12,553 13 4 1,003,971 12 11 18,554 0 0 46,234 S 1 113,992 1 10 1,182,752 2 10 Realization Acoount .. .. .. 4,307 18 8 .. .. 4 307 18 8 Hutt Valley estates— Purchases .. .. .. 164,760 11 9 Roading and incidental expenses .. 228,173 4 4 Interest .. .. .. 76,080 5 8 469,014 1 9 Less deductions, section 11 (2a), 325,574 14 5 Finance Act, 1932 143,439 7 4 .. .. . . 143,439 7 4 Railway Department : Balance unpaid on .. . . .. 26 389 8 0 26 389 8 0 area taken for workshops Advances on mortgages — Land Laws Amendment Act, 1929 — Current Account: Crown land .. 144,889 10 5 Current Account: Settlement land 21,620 18 3 Instalment mortgage : Crown land . . 7,012 1 6 Instalment mortgage : Settlement land 270 14 10 173,793 5 0 .. .. .. 173,793 5 0 Deteriorated Lands Act, 1925— Current account .. .. .. 9,155 1 4 Instalment mortgage . . .. 1,401 0 0 10,556 1 4 .. .. .. 10,556 1 4 Advances for roading of endowment lands under section 47, Land for Settlements Act, 1925 — Wanganui River Trust Endowment .. 2,059 19 3 Otago University Endowment .. 1,657 5 1 3,717 4 4 .. .. .. 3,7X7 4 4 Land Laws Amendment Act, 1929 : Expenditure on development of Crown and settlement lands — Crown landsImprovements .. .. .. 87,812 16 5 Equipment .. .. .. 9,095 5 10 Stock and farm accounts .. .. 12,108 1 2 Settlement lands — Improvements . . . . . . 118,291 10 5 Equipment .. .. .. 12,016 7 2 Stock and farm accounts .. .. 46,551 14 1 285,875 15 1 .. .. .. 285,875 15 1 Interest on capital expenditure .. 29,024 4 5 .. .. .. 29,024 4 5 Carried forward .. 12,404,807 2 11 346,926 11 1 46,234 8 1 255,790 9 10 13,053,758 11 11