NATIVE LANDS COMMISSION.
Per Press Association
NAPIER, February 26. The Native Lands Commission resumed its sitting to-day. The examination was chiefly with regard to the Waimarama, Waipuka, and Okaihu Blocks. Several of the natives interested stated that they wished to retain their interests in these blocks, and did not desire that they should be leased. Other natives were quite willing to lease. Evidence as to the capital value and leasing value of tlie Waimarama Block was called, two or three witnesses estimiaring ' the capital value at £7. per acre, based on-the prices at present" ruling for wool and stock. The leasing value for a 21 years' lease was put at 5s to 5s 6d per acre, as lessees would require capital to develop the land and there was no compensation for improvements. The hearing will bo continued to-morrow.
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Bibliographic details
Wanganui Chronicle, Volume L, Issue 1241, 27 February 1907, Page 5
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138NATIVE LANDS COMMISSION. Wanganui Chronicle, Volume L, Issue 1241, 27 February 1907, Page 5
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