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Tahora No. 2c3, Section 2.—Statement of Account for the Year ending 31st March, 1913. £ s. d. Balance at credit, 31st March, 1912 .. .. .. .. 322 19 9 Receipts. £ s. d. Rents .. .. .. .. . . .. 423 6 4 Interest .. .. .. .. .. .. 23 18 3 447 4 7 Payments. ' '" Law-costs .. .. .. .. .. .. .. 536 Land-tax .. .. 17 10 0 Rates .. .. .. .. .. .. 52 19 2 Salaries, audit and office expenses .. .. .. .. 1787 — 93 I 3 Balance at credit, 31st March. 1913 .. .. .. .. .. .. £677 3 I Area of block, 11,980 acres. Value, £14,970.

Tahora 2f, Section 2.—Statement of Account for the Year ending 31st March, 1913. £ s. d. Balance at debit, 31st March, 1912 .. .... .. .. .. 4.025 4 9 Payments. £ g. d. Law-costs .. .. .. .. .. .. .. 8 9 0 Rates .. .. .. .. .. .. .. 103 II 2 Interest .. .. .. .. .. 248 13 1 Salaries, audit and office expenses . . .. .. .. 70 0 0 Valuation fee.. .. .. .. .. .. .. 10 12 0 Subdivisional survey .. .. .. • .. .. .. 427 6 6 Sale, expenses .. .. .. .. .. .. 62 6 0 930 17 9 Receipts. 4 > 956 2 6 Rents .. .. .. .. .. .. .. .. .. 121 17 10 Balance at debit, 31st March, 1913 .. .. .. .. .. .. £4,834 4 8 Area of block, 11,870 acres. Value, £25,747.

Tahora 2f, Section 2 (Papuni Farm Account). —-Statement ok Account kor the Year ending 31st March, 1913. £ s. d. Balance at debit, 31st March, 1912 .. .. .. .. .. .. 9,181 511 Debits. £ s. d. Clearing .. .. .. .. .. .. .. 761 19 3 Fencing .. .. .. .. .. .. 238 12 8 Sowing .. . - .. .. .. .. 255 1 9 Building and yards .. .. 23 2 8 Tracks .. .. .. .. .... 362 1.282 2 6 Tools and plant .. .. .. .. .. .. 43 18 2 Shearing-machine erection .. .. .. .. 199 14 6 Household requisites .. .. .. .. 36 2 1 Repairs to pack-saddles and gear .. .. .. 20 3 8 Repairs to telephone-line .. .. .. .. 14 0 0 Telephone subscriptions .. .. .. .. .. 726 Wages and droving .. .. .. .. .. 405 14 10 Shearing, dipping, and wool charges . . .. .. .. 107 11 7 Carting .. .. .. .. .. 29 7 0 Stores .. .. ~ .. .. .. .. 123 16 10 Freezing charges .. .. . . .. .. . . 188 19 9 Horse-shoeing .. .. .. .. 7 15 4 Miscellaneous charges .. .. .. .. 360 Fence-repairs .. .. .. .. . . 10 0 0 Rabbit Board rate .. .. .. .. .. .. 176 Fire and accident insurance .. .. .. .. .. 1248 Horses .. .. .. .. .. 113 0 0 Sheep .. .. .. .. .. .. .. 550 2 6 Cattle .. .. .. .. .. .. • 928 10 0 Interest .. .. .. .. 470 12 2 Grazing 3 16 0 3,277 5 1

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