Report on Claims of Manukau and Waitemata Company. London, 28th Nov., 1842.

Daily Southern Cross, Volume I, Issue 24, 30 September 1843, Page 3

Report on Claims of Manukau and Waitemata Company. London, 28th Nov., 1842.

j I beg leave to refer to your letter of July [last, acquainting me that Lord Stanley had admitted the claim of the association called tha Manukau Company, to be allowed to prove the expenditure incurred by them, for ' the purpose of Colonization in New Zealand previously to the date of the agreement between the Government and the New Zealand Company, and proposing that in pursuance of that agreement I should inspect tho accounts of the association. On the claims of this association I now beg to submit to the Colonial Land, — and to the Colonial Land and Emigration Commissioners, the following report : After several meetings with Major Campbell, and Mr. Roy of Edinburgh, who appear to have been the principal managers of the affairs of the Association since its original formation, and after a careful examination of the documents, accourits and vouchers which had been laid before me, I find that up to the date of the agreement between the Government and tbe New Zealand Company, (18th November, 1840,) the association had expended under the several heads described in the first clause of the first head of that agreement, the sum of £4,076 14s. 3d. I find moreover that previously to the date .above mentioned, namely the 18th November, 1840, the association had sold or contracted for the sale of seventy-six sections of land in New Zealand/ eacli section to contain 100

! acres of country land and one town acre at | 20s. per acre, and- that one of the conditions of sale was the appropriation of 75 per cent. i of the purchase money of the country land to defraying the expences of Emigration to the settlement. The purchase money of the couutry laud" which the association had sold, or of which they had contracted for the sale, and for which they had delivered Land Orders' addressed to their Agent in New Zealand previously to the 18th November, 1840, amounts to tho sum of £7,600, on which 75 per cent., (or los. per acre,) is £5,700, Of this sum of £5,900 the association had expended at that date in part f umllment of the obligation which -theyhad thus incurred, the sum of £1,712"- 5& 4d M leaving a balance of £3,987 Us. Bd. applicable solely to the expence of conveying Emigrants to the colony, agreeably to the conditions of the land j sales. I In furtlier compliance with those condiStions the association has expended in Emigration to Now. Zealand since the 18th November, 1840, the sum of £9i4 os.. leaving to bo disposed of an unexpended balance of i £3,083 os. Bd. applicable to the same object. Tho sum in respect of which it appears to \me the Manukau Association is at present entitled, according to the terms of the agreement between the Government and the New Zealand Company to receive land, amounts to £4,981 4s. 9d., and consists of the following sum's : £ s. d. Expenditure incurred previously to the 18th Nov., 1840, ... 4,076 12 3 Expenditure incurred since, but the obligation to defray which was contracted previously to the 18th November, 1840, ... 906 5 0 £4,982 19 3 Whatever claim the association on tho score of the future application of the unexpended balance of the Emigration (balance) fund above mentioned, amounting to £3,083 9s. Bd., and of the expenditure incurred in the colony, of which the association has not yet received any distinct account, must, I conceive, be reserved for future enquiry and consideration. I have the honor to be, Sir, Your very obedieut servant, (Signed) James Peuisngtoit,