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Area and Value of Principal Security Blocks. Acres. Mangatu Nos. 5 and 6 .. .. .. .. . . 35,360 Mangaokura No. 1 .. .. .. .. 2,027 Pakowhai .. .. .. .. .. .. 374 Tangotete No. 1 .. .. .. .. .. .. 5 Tangotete No. 2 .. .. .. .. .. .. 75 Te Kuri .. .. .. .. .. .. 216 Whataupoko G, Section 32 . . .. . . .. 10 38,067 Value, £38,193.

Mangaheia No. 2d.—Statement ok Account fob the Yeab ending 31st March, 1913. £ s. d. Balance at debit, 31st March, 1912 .. .. .. .. .. 294 7 4 Payments. £ s. d. Rents paid to beneficiaries .. .. ... .. .. 1,403 0 0 Law-costs .. .. .. .. .. .. .. 13 8 6 Land-tax .. .. .. .. .. .. .. 43 4 4 Interest . . .. . . . . .. . . .. 10 1 2 Management, audit, office, and travelling expenses .. .. .. 85 0 0 1.554 14 0 Receipts. 1.849 1 4 Rents .. .. .. .. .. .. .. 1.759 19 10 Royalty on firewood sold .. .. .. .. .. 500 • 1,764 19 10 Balance at debit, 31st .March, 1913 .. .. .. .. .. £84 I(i Area of block, 5,965 acres 3 roods Hi perches. Value. £35,400.

Mangapoike A. —Statement ok Account for the Year ending 31st March, 1913. £ s. d. Balance at credit, 31st March, 1912 .. .. .. .. .. . . 78 6 4 Receipts. £ s. d. Rents .. .. .. .. .. .. .. .. 722 18 6 Interest .. .. .. .. .. .. .. 17 1 0 — ■ 739 19 6 Payments. . 818 5 10 Rents to beneficiaries .. .. .. .. . . .. 482 5 9 Law-costs .. .. .. .. .. .. .. .. 9 18 0 Land-tax .. .. .. .. .. .. .. .. 30 19 10 Management, audit, office, and travelling expenses . . .. . . 38 0 0 — 561 3 7 Balance at credit, 31st March, 1913 .. .. .. .. .. .. £257 2 3 Area of block, 16,42(1 acres. Value, £24,888.

Mangapoike 2a 3.—Statement ok Account fob the Year ending 31st March. 1913. E s. d. Balance at debit, 31st March, 1912 .. .. .. .. .. 818 3 7 Payments. t s, d. Rents to beneficiaries .. .. .. .. .. . . 936 <> 0 Half cost of erecting boundary-fence between Section 1(1. Hangaroa Survey District, and Lot No. 2, Mangapoike 2a 3 .. .. . .. 18 16 6 Law-costs ... .. .. • • .. 13 6 4 Land-tax .. .. .. .. .. .. .. .. 5 15 8 Rates .. .. .. .. .. .. .. .. 40 8 1 Interest .. .. .. .. .. .. 47 4 8 Salaries, audit and office expenses .. .. .. .. 20 (I 0 1,081 II 3 Unci pis. ' I .899 14 10 Rents .. .. .. .. .. .. .. .. 328 7 0 Balance at debit, 31st March, 1913 .. .. .. .. .. .. El ,571 7 10 Area of block, 9,438 acres 2 roods 22 perches. Value, £16,148.