With regard to the W<«t Co.-st Settlement Re=(rvts moneys h.ld by (he Public Trustee we undeistard from Mr T. W FishT, loc '1 ajrent of ths Trustee that of the £32,199 in the hanj's of the ' rustee only about £6OOO represents rents pvyable to the native owners, the balk of the money bei"g mada up of capita l , paid for improvements by tenants who took up their land under the Act of 1892. Unier this Act tenants pay rental on the unimproved vnlue, but on tubing advantage of the Act they had to pay the value of the improvements to tha Trustee, who holds the money f r the Dative owners. The Te Whlti-iteg have latterly been drawinsr. their rentj-ai least mo«t of
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https://paperspast.natlib.govt.nz/newspapers/TDN19030721.2.34.2
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Taranaki Daily News, Volume XXXXV, Issue 169, 21 July 1903, Page 3
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123Page 3 Advertisements Column 2 Taranaki Daily News, Volume XXXXV, Issue 169, 21 July 1903, Page 3
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