you will approriate to that purpose the sum of £49.0.9 due from the Local Government to the Company on the accounts referred to in my letter to yourself, dated the 20th. current. The Balance of 6/3d. can be received you on our exchanging mutual receipts, which I conceive will be the simplest method of adjusting these transactions; and for which purpose Mr. Kelham will wait upon you, or the Treasurer, whenever convenient. I have the honor to be, Sir, Your most obedient servant, (Signed) William Fox, Principal Agent N.Z. Co. To:- The Honble. The Colonial Secretary.