TRUST LANDS TRUST.
Tho annual report of tho Mastorton
Trust Lauds Trustees, which is circulated with this issue, makes' interesting reading. It shows .that the revenue of tihe Timet from rents has increased by £264 during the year, and now stands at £lBS'2 19,s lOd. It is somewihafb remarkable i'ilia't only £324 12s of this lairge amount should have been expended 1 an, ©remits. The remainder would appear to have gone in rediicin'g loan moneys, and in adm/inii&'brative expenses. Posterity wrfll.no doubt deiiive an advantage'from the policy whichi is new being pursued by the Trust, fbu.t ithe present .geneu'ati'on can Jiaa-dly be considered wiee' in stinting j itaelif in the matte'r of grants to an j of £324. ■ <
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https://paperspast.natlib.govt.nz/newspapers/WAG19120516.2.16
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Wairarapa Age, Volume XXXII, Issue 10637, 16 May 1912, Page 4
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118TRUST LANDS TRUST. Wairarapa Age, Volume XXXII, Issue 10637, 16 May 1912, Page 4
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