a—s

LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1939 —continued.

7

Assets. General. Cheviot. Hutt Valle y- Total - Land Account I £ s. d. £ s. d. £ s. d. £ 8. d. £ s. d. Estates leased .. .. .. | 10,074,610 5 11 328,889 4 8 Estates unlet .. .. .. 253,780 5 0 325 0 0 .. 39,818 0 0 10,328,390 10 11 329,214 4 8 .. 39,818 0 0 10,697,422 15 7 Land Laws Amendment Act, 1.929 — Land leased .. .. .. 131,529 10 0 Land unlet .. .. .. 10,136 10 0 141,666 0 0 .. 141,666 0 0 Provisional State forest .. .. 3,158 6 6 .. .. .. 3,158 6 6 10,842,247 2 1 Unpaid purchase-price (not yet payable)— Buildings on Crown lands .. .. 41,132 17 0 .. 1,452 6 10 Buildings on estates .. .. 97,986 19 5 Sales of settlement land .. .. 375,618 16 6 17,662 19 1 .. 117,557 12 6 Sales of Crown lands .. .. 520,635 9 11 .. 43,942 17 11 Land Laws Amendment Act, 1929 — Buildings .. .. .. 1,283 16 3 Sales of land .. .. .. 14,757 13 7 1,051,415 12 8 17,662 19 1 45,395 4 9 117,557 12 6 1,232,031 9 0 Realization Account .. .. .. 7,128 1 4 .. .. .. 7,128 1 4 Hutt Valley estates — Purchases .. .. .. 164,981 11 6 Roading and incidental expenses .. 228,726 15 1.1 Interest .. .. .. 81,666 3 8 475,374 11 1 Less deductions under section 11 (2) 433,270 13 6 (a), Finance Aet, 1932 42,103 17 7 .. .. .. 42,103 17 7 Railway Department: Balance unpaid on .. .. .. 26,389 8 0 26,389 8 o area taken for workshops Advances on mortgage— Land Laws Amendment Act, 1929— Current account: Crown lands .. 149,406 11 8 Current account: Settlement lands.. 30,088 17 7 Instalment mortgage : Crown lands.. 43,002 6 8 Instalment mortgage: Settlement 10,067 13 10 lands 232,565 9 9 Less proceeds held in seasonal ad- 7,347 12 7 vanees accounts to meet charges 225,217 17 2 .. .. .. 225,217 17 2 Deteriorated Lands Act, 1925 —■ Current account .. .. .. 4,433 14 1 Instalment mortgage .. .. 1,740 1 1 6,173 15 2 .. .. .. 6,173 15 2 Advances for roading of endowment lands under section 47, Land for Settlements Act, 1925— Wanganui River Trust .. .. 1,942 1 7 Otago University Endowment .. 1,505 4 10 3,447 6 5 .. .. .. 3,447 6 5 Land Laws Amendment Act, 1929: Expenditure on development of Crown and settlement lands — Crown lands— Improvements .. .. .. 16,908 2 11 Equipment .. . . .. 1,439 17 1 Stock and farm accounts .. .. 36,998 12 10 Settlement lands — Improvements .. .. .. 157,945 18 8 Equipment .. .. .. 18,126 19 0 Stock and farm accounts .. .. 13,149 9 9 244,569 0 3 .. .. .. 244,569 0 3 Carried forward ' .. 12,053,270 8 0 346,877 3 9 45,395 4 9 183,765 0 6 12,629,307 17 0