NATIVE LANDS COMMISSION.
Per Press Association.
Nai'ieu, February 2ti llic Natiyc Lauds Commission re suintd its sittiug to-day. The examination was chiefly with regard to the Waimarama, Waipuka and Okaihau blocks. Several of the natives interested stated that they wished to ret&in their interests in these blocks, and did not desire that they should bo leased. Oilier natives were quite willing to lease. liividcnee us to the capital wiluc and leasing value of the WannaL'aiua block was called, two or three wituesses estimating the capital value at £'/ per acre, based on the prices at present ruling for wool and stock. The leasinff value for a 21 years' lease was put at 5s to 5s fid per acre, as lessees would require capital to develop the land, and there was no compensation for improvements. Tho hearing will be continued to-morrow.
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https://paperspast.natlib.govt.nz/newspapers/TDN19070227.2.10.3
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Taranaki Daily News, Volume XLVIII, Issue 81918, 27 February 1907, Page 2
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139NATIVE LANDS COMMISSION. Taranaki Daily News, Volume XLVIII, Issue 81918, 27 February 1907, Page 2
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