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Statement showing the Position of the Different Blocks as at 31st March, 1922. Amount at Debit of the undermentioned Blocks on Current Amount, at Credit of the undermentioned, Blocks on Current Account. Account. Principal-security blocks— £ s. d. £ s. d. £ S. d. General Account ..45,026 19 0 Mangahoia 2n .. .. .. 2,887 13 4 Live-stock Account, Pako- Mangapoike 2a 3 .. .. .. 1,472 11 0 whui .. .. 734 2 0 Mangapoike B .. .. .. 227 10 0 Mangapoike 2e .. .. .. 90 2 11 46,301 I 0 Maraetaha No. 2, Sec. 4 .. .. 10,783 8 1 Less amount at credit of Paremata, See. 04 (No. 1 Account) .. 14,701 10 5 Farm Account .. 489 6 1 Paremata, Sec. 64 (No. 2 Account) .. 660 5 2 45,871 15 5 Paremata, Sec. 48 .. .. .. 19 12 9 Mangapoike A .. .. .. 317 13 10 Tahora 2c 2, See. 2 .. .. .. 1,025 0 9 Mangapoike 2b— Tahora 2c 3, Sec. 2 .. .. .. 48,000 9 4 General Account .. 5,60113 9 Whaitiri No. 2 .. .. .. 794 11 2 Live-stock Account. .. 4,262 3 0 ___ Amount at credit of the undermentioned 9 863 16 9 blocks for value of their freehold : — Less amount at credit of Mangatu Nos. 5 and (i ~| Farm Account .. 4,025 7 3 Mangakura No. 1 £ s. d. 5,838 9 6 Pakowhai .. I a_ or- n n Mangapoike 2n .. .. .. 1,196 6 4 Tangotetc Nos. I and 2 f- i4 > v -" Maraetaha No. 2, Sees. 3 and 6— Te Kuri General Account .. 2,485 10 10 Wbataupoko G, Sec. 22 J Live-stock Account .. 2,970 8 0 Mangaheia 2o .. .. 39,858 0 0 Farm Account .. 7,834 15 10 Mangapoike A .. ..39,798 0 0 Mangapoike 2a 3 .. 21,995 0 0 13,290 14 8 Mangapoike B .. .. 1,018 0 0 Less amount at credit of Mangapoike 2b .. .. 11,294 0 0 Splitting Account .. 916 19 8 Mangapoike 2n .. .. 10,779 0 0 -12,373 15 0 Mangapoike 2b .. .. 4,470 0 0 Maraetaha No. 2, part Sees. Maungawaru No. 2 .. 5,500 0 0 3 and 0 (new burn) .. .. 2,073 11 0 Maungawaru No. 3 .. 7,000 0 0 Maungawaru No. 2 .. .. 14,238 10 9 Maraetaha No. 2, Sees. 3 Maungawaru No. 3 .. .. 4,404 4 7 and 6 .. .. 29,842 0 0 Paremata No. 3— Paremata, Sec. 48 .. 390 0 0 General Account .. 15,570 4 0 Paremata, See. 04 .. 9,550 0 0 Live-stock Account .. 2,090 610 Paremata, Sees. 73 and 73a 1,012 0 0 Paremata No. 4 .. .. 4,348 0 0 18,266 10 10 Paremata No. 3 .. .. 20,867 0 0 Less amount at credit of Tahora 2c 1, Sec. 3 .. 41,157 0 0 Farm Account .. 13,757 17 5 Tahora 2c 2, See. 2 .. 3,800 0 0 4,508 13 5 Tahora 2f 2 .. .. 30,764 0 0 Paremata, Sees. 73 and 73a .. 214 111 Tahora 2a 2 .. .. 1,346 0 0 Tahora 2c 1, Sec. 3— Tawapata South No. 1 ..12,000 0 0 Live-stock Account .. 5,297 11 0 Whangawehi 11) le .. 4,120 0 0 Farm Accounts .. 7,177 3 5 Whaitiri No. 2 .. .. 1,505 0 0 Maraetaha Id (Te Kopua).. 24,899 0 0 12,474 14 5 Less amount at credit of 362,329 0 0 General Account .. 4,851 18 5 Less amount standing to 7,022 16 0 debit of Tahora 2c 3, Tahora 2k, Sec. 2— Sec. 2, after sale to General Account .. 4,071 3 4 Chappie and Field, and to Live-stock Account .. 4,102 12 0 the Crown of Lots 2, 3, 4, Farm Account.. .. 6,674 3 11 and 5 for £41.130 17s. 6d. 18,358 17 6 14,847 19 3 343,970 2 6 Tahora 2g, Sec. 2 .. .. 394 17 9 Live-stock on farms, as per contra ..24,332 18 4 Tawapata South No. 1 .. .. 814 15 1 Whangawehi Ib lo .. .. 3,820 16 5 Maraetaha ll) (Te Kopua)— General Account ..11,890 5 11 Live-stock Account .. 4,209 15 0 10,100 0 11 Balance—Surplus, as per balance-sheet 314,388 I. 1 £449~,092 8 3 £449,092 8 3

Statements of Account for the Year ended 31st March, 1923. Principal Security Blocks. area and value of pbotoipal-sbcubity blocks. £ s. d. Acres. Balance at. debit, 31st March, 1922 .. 43,183 0 7 Mangatu Nos. 5 and 0 .. .. .. 21,452 Mangaokuri No. 1.. .. .. •• 2,027 Payments. Pakowhai .. .. .. . • 374 Rates— £ B. d. Tangotete No. 1 - - • • • • 5 Mangaokura No. 1 .. 25 0 8 Tangotete No. 2 . . .. .. - - 75 Te K„ri - - ..2129 Te Kuri 216 Mangatu Nos. 5 and 6 .. 180 6 3 Whataupoko G, Sec. 32 .. .. .. 10 232 15 8 Interest 2,159 3 0 24,159 Management and office expenses .. 26 19 9 "■ Management and office expenses on ac- Value, £34,957. count Te Kuri and Tangotete .. 25 0 0 Balance at debit, 31st March, 1923 .. £45,626 19 0

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