G.—4.

1938. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1937, TO 30th JUNE, 1938.

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

MANGATU No. 1. Balance-sheet as at 30th June, 1938. t • i-t*' n Assets. £ s. d. Public Trustee- ™ £ ..d. £ s. d. Freehold lands- 301,589 13 9 . iss 237 5 0 Roads Account .. •• •• £,vJ4 •> J Mortgages .. .. •• ' ° " Survev Account .. •• 287 8 6 Interest on mortgages .. 3,150 0 8 burvey accou 161,387 5 8 Fencing Account .. .. •• •• roo ilk Bank of New South Wales — Sundry blocks i 899 5 11 Current Account .. .. 19,113 16 6 Royal Commission 1,899 511 Interest accrued .. .. 272 2 4 Owners appeal .. .. •• •• ™ ° 19,385 18 10 Mangatu Nos. 3 and 4 .. .. •• 16 8 East Coast Commissioner " 1? £s.d. Rentdueby Occupation licensees .. ®16 4 Williams and Kettle, Ltd. (shares) 35 0 0 Mangatahu Station: Current Account .. 61,256 11 10 Inscribed stock .. 12,916 11 6 Wairere Station: Current Account .. .. 27,706 12 7 Interest accrued 13 099 8 8 Distribution Account: Mangatu No. 1.. .. 867 «{ 7 j g g g Distribution Account: Mangatu No. 3.. .. ™ Kokomoko Station : Current Account .. .. 10!549 17 9 Capital Account Okaihau Station: Current Account .. .. 18,33116 4 Pukutarewa Station: Current Account .. 24,927 12 11 Tarndale Station: Current Account .. •• 14,435 17 9 Waitangirua Station: Current Account .. 16,897 13 1 Live-stock on stations, as per Schedule •. 56, 757 9 0 Wool unrealized .. .. •• •• 3,282 0 0 i Produce unrealized .. .. • • • ■ 75 0 0 I Income Account .. .. •• •• 11,428 4 8 £483,543 9 0 £483,543 9 0 Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust Lands, for the year ended 30th June, 1938, and our report on the audit of the accounts is contained m letter of even date to the Hon. the Minister of Native Affairs. ri ™ m Clarke, Menzies, Griffin, and Co., Wellington, 20th September, 1938. Public Accountants, Auditors.