ACREAGE FALLS
NATIONAL ENDOWMENT e — y At the end of the last financial year e the total area of national endowment t in New Zealand was approximately p 8,955,682 acres, states the annual rej port on national endowments by the t Department of Lands and Survey, which was presented to the House of 2 Representatives yesterday. During the year 6,449,230 acres were held under lease or licence by 4311 tenants, the 3 annual rental payable being £137,582. A large area was set aside as provisional State forests. The total revenue derived from endowments was £152,648. A total area of 6533 acres was removed from the national endowment during the year, and the aggregate area now excluded is 136,528 acres with a capital value of £119,000. Of the aggregate area excluded the fee-simple j has been acquired on 65,968 acres, j 70,464 acres having an annual rental of £4888 are still held under licence, and 96 acres have not been disposed of.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 96, 20 October 1937, Page 7
Word Count
161ACREAGE FALLS Evening Post, Volume CXXIV, Issue 96, 20 October 1937, Page 7
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