EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1938, TO 30th JUNE, 1939.

Appendix to the Journals of the House of Representatives, 1939 Session I, G-04

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1939. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1938, TO 30th JUNE, 1939.

Presented to both Houses of the General Assembly in pursuance of Section 40 of the Native Purpose Act, 1931.

MANGATU No. 1. Balance-sheet as at 30th June, 1939. Liabilities. Assets. £ s. d. Public Trustee — .. £ a. d. £ s. d. Freehold lands .. .. .. .. 301,589 13 9 Mortgages .. .. .. 158,237 5 0 £ s. d. Interest on mortgages .. 3,375 0 8 Roads Account .. .. 2,092 5 1 161,612 5 8 Survey Account .. .. 287 8 6 Bank of New South Wales— Fencing Account .. .. 116 7 0 Current Account .. .. 33,061 6 9 Sundry blocks .. .. 533 16 5 Interest accrued .. .. 286 19 6 Royal Commission .. 1,899 5 11 33 > 348 6 3 Owners' appeal .. .. 859 5 9 East Coast Commissioner .. .. .. 465 19 4 — 5,788 8 8 Rates accrued .. .. .. .. 619 2 7 Mangatu Nos. 3 and 4 .. .. .. 3,352 4 7 Rent due by occupation licensees .. .. 682 16 9 Sundry debtors .. .. .. .. 4,066 9 6 Sundry creditors .. .. .. .. 1,093 18 0 Investments — Mangatahu Station: Current Account . . .. 65,747 5 9 £ s. d. Wairere Station : Current Account .. .. 34,540 3 7 Williams and Kettle: Shares 35 0 0 Distribution Accounts .. .. .. 1,646 14 9 £ s. d. Capital Account .. .. .. .. 206,780 13 0 Inscribed stock 12,916 II 6 Interest accrued 182 17 2 13,099 8 8 13,134 8 8 Kokomoko Station : Current Account .. .. 11,223 12 9 Okaihau Station: Current Account .. .. 19,719 510 Pukutarewa Station : Current Account . . 24,464 15 9 Tarndale Station: Current Account .. .. 17,113 16 10 Waitangirua Station: Current Account .. 18,487 810 Live-stock on stations as per schedule .. .. 56,812 16 0 £ s. d. Building-materials .. .. 70 8 3 Wool unrealized .. .. 6,865 9 11 Mutton and lamb .. .. 4,974 6 1 Produce unrealized .. .. 1,478 18 4 13,389 2 7 Incomc Account .. .. .. .. 17,395 111 £506,537 5 8 £506,537 5 8 Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, Bast Coast Native Trust Lands, for the year ended 30th June, 1939, and our report on the audit of the accounts is contained in letter of even date to the Right Hon. the Minister of Native Affairs. Clarke, Menzies, Griffin, and Co., Public Accountants, Auditors,. Wellington, 15th September, 1939,

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MANGATU No. I—continued. Income Account as at 30th June, 1939. £ s. d. £ s - £ s - d. Balance at 30th June, 1938 11,428 4 8 Rent collected ex lessees 8,592 12 0 £ s> d. Rent collected ex occupation licensees 291 12 I I Distribution .. 8,444 18 6 Royalty on posts .. .. 017 9 8 885 2 8 Donations £ s. d Balance 17' 395 1 11 Rangatira Meeting-houso 90 0 0 .Balance Whakaki Meeting-house 50 0 0 Tapuihikitea Dining-hall 69 13 9 Waihirere Marae .. 15 5 0 Whangara Hui .. 50 0 0 274 18 9 8,719 17 3 Land-tax .. •• '46 19 10 Interest .. .. •• 4,640 19 1 Rates .. • ■ • • 106 1 0 Commission on £8,592 12s. rent collected .. .. •• 429 12 7 Committee fees .. ■. 80 1 7 0 Salary : Committee Secretary .. 21 0 0 Travelling-expenses: Committee Sec- " retary 36 15 8 Translating Balance-sheets .. 7 5 6 Expenses: General meeting .. 212 0 —— 6,132 2 8 £26,280 4 7 Balance fnJwjJjlL £26 ' 28 ° 4 ? Statement op Accounts foe the Year ended 30th June, 1939. Waitangibtta Station. Mangatahu Station. £ s. d. s. u. Balance at debit at 30th June, 1938 .. .. 16,897 13 1 Balance at credit at 30th June, 1938 .. .. 61,256 11 10 Debits. Credits Live-stock at 30th June, 1938 wool— £ s. d. £ s. d. 1938- £ s. d. £ s. d. Sold .. 40 610 4,206 sheep ..2,780 5 0 Valued .. .. 25 0 0 593 cattle .. 2,190 0 0 „ 15 b 10 19 horses .. 110 0 0 1939 wool5,080 5 0 Sold .. .. 1,014 11 1 :: " m 5 • • ™ . Horses bought .. •• 56 0 0 Sh " e pJ~ ar« in s Wages .. .. •• 1,212 10 9 Sold •• •• 856 10 8 Running-expenses, including repairs Unrealized .. 1,015 12 9 y and maintenance .. .. 936 6 3 Cattle sold 1,120 14 9 Interest .. .. 1,060 11 8 Skins and hides sold .. .. 43 15 7 Management and office expenses 200 0 0 Interest .. .. 2,385 13 11 10,492 17 6 Live-stock at 30th June, 1939— £ s. d. 27,390 10 7 7,119 sheep .. 4,823 14 0 Credits. 891 cattle .. 2,963 10 0 1938 wool- £ d. 11 horses .. 70 0 0 Sold .. •• 20 10 2 7 > Bj7 4 0 Unrealized .. 30 0 0 15 ' 590 BiU —76,847 0 8 Valued last year .. 45 0 0 5 10 2 1939 wool— n , Sold .. 873 18 6 Debits. Unrealized .. 80 0 0 Live-stock at 30th June, 953 18 6 1938— £ s. d. Sheet) sold .. •• 483 14 8 7,228 sheep ..4,996 12 0 Mutton unrealized .. .. 157 0 0 873 cattle .. 3,020 0 0 Cattle sold 'tl'? " 13h0rS6S " 80 °° o nog i.o « , Skins and hides sold .. .. 53 1 2 > Meat sold .. .. •• 75 0 6 Sheep bought .. .. 13115 3 Royalty on timber .. .. 463 19 4 Cattle bought .. .. 60 0 0 Posts and battens .. .. 129 5 0 Horses bought .. .. 16 0 0 Live-stock at 30th June Cooker bought .. .. 178 0 0 1<)39 £ s. d. Wages .. .. .. 1,180 1b 0 4 017 sheet* 2,729 19 0 Running-expenses, including repairs *647 cattle ..2,549 0 0 and maintenance .. .. 702 1 3 24 horses .. 135 0 0 Rates " onn n n 5 413 19 0 Management and office expenses «iO(J U u — „ 8,903 1 9 11,099 14 11 Balance at debit at 30th. June, 1939 .. .. £18,487 810 Balance at credit at 30th June, 1939 • • • • £65,747 5 9

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MANGATU No. I—continued.1 —continued. Statement of Accounts fob the Year ended 30th June, 1939 —continued. Pukutakewa Station. Waikere Station—continued. £ s. d. Balance at debit at 30th June, 1938 .. .. 24,927 12 11 Debits. £ s. d. £ s. d. Sheep bought .. .. 288 4 5 Debits. £ s. d. Cattle bought .. .. 1,843 15 0 New building .. .. 25 1 3 Wages .. .. .. 2,064 7 6 Hay-sweep .. .. .. 6 10 0 Running-expenses, including repairs Concrete tanks .. .. 7 10 0 and maintenance .. .. 1,342 8 9 Electric installation, range, &c. 161 12 3 Rates .. .. .. 741 3 11 200 13 6 Management and office expenses 600 0 0 Live-stock at 30th June, Live-stock at 30th June, 1938— £ s. d. 1938— £ s. d. 7,212 sheep .. 6,172 17 0 13,188 sheep .. 9,071 8 0 1,259 cattle .. 5,041 11 0 1,802 cattle .. 6,615 0 0 101 horses .. 1,117 0 0 46 horses .. 245 0 0 12,331 8 0 15,931 8 0 Sheep bought .. .. 637 5 0 Cattle bought .. .. 173 19 6 22,811 7 7 Wages .. .. .. 2,299 12 2 Concreting yards .. .. 196 15 3 Running-expenses, including repairs — 23,008 2 10 and maintenance .. .. 2,204 12 5 Rates .. .. .. 371 16 8 Balance at credit at 30th June, 1939 .. .. £34,540 3 7 Interest .. .. .. 1,729 0 6 ■ —■- ■ Management and office expenses 400 0 0 20,147 14 3 45,276 0 8 Credits. 1938 wool— £ s. d. Sold .. .. 1,047 19 11 Valued at .. .. 584 0 0 463 19 11 1939 wool — Okaihatj Station. Sold .... 686 19 5 £ s. d. Unrealized .. 1,499 0 0 Balance at debit at 30th Juno, 1938 .. .. 18,331 16 4 2,185 19 5 Sheep sold .. .. .. 1,543 2 10 Debits. Lamb unrealized .. .. 1,614 6 0 New storeroom .. .. .. .. 105 16 7 Cattle sold . . . . .. 2,598 2 4 Live-stock at 30tli Juno, Horses sold . . .. .. 35 5 0 1938— £ s. d. £ s. d. Skins and hides sold .. .. 70 4 7 3,428 sheep .. 2,464 2 0 Meat sold .. .. .. 30 16 10 278 cattle .. 957 0 0 Farm produce .. .. 61 10 0 11 horses .. 55 0 0 Live-stock at 30th June, 3,476 2 0 1939 — £ s. d. Sheep bought . . .. 760 0 0 7,607 sheep .. 6,422 13 0 Cattle bought .. .. 124 0 0 1,078 cattle .. 4,465 5 0 Horses bought .. .. 19 0 0 108 horses .. 1,320 0 0 Wages .. .. .. 668 4 1 12,207 18 0 Running-expenses, including repairs 20,811 411 and maintenance .. .. 516 5 8 Rates .. .. .. 37 19 9 Balance at debit at 30th June, 1939 .. .. £24,464 15 9 Interest .. .. .. 1,001 8 10 — Management and office expenses 150 0 £> — 6,753 0 4 25,190 13 3 Waikebe Station. Credits. £ s. d. 1938 wool— £ s. d. B'alance at credit at 30th June, 1938 .. .. 27,706 12 7 Sold .. .. 41 16 3 Unrealized .. 25 0 0 Credits. 1938 wool— £ s. d. £ s. d. 66 16 3 Realized .. .. 2,787 17 5 Valued last year .. 60 0 0 Valued at .. .. 1,434 0 0 6 16 3 1,353 17 5 1939 wool— 1939 wool — Sold .. .. 568 9 7 Sold .. .. 1,833 17 3 Unrealized .. 362 0 0 Unrealized .. 2,153 0 0 930 9 7 — 3,986 17 3 Sheep sold .. .. .. 398 14 0 Sheep sold .. .. .. 1,980 1 0 Sheop unrealized .. .. 489 16 0 Mutton and lamb unrealized .. 1,508 6 0 Cattle sold . . .. .. 8 0 0 Cattle sold .. .. .. 4,318 7 8 Horse sold .. .. .. 5 0 0 Skins and hides .. .. 81 3 5 Skins and hides sold .. .. 18 4 10 Meat .. .. .. 5 8 0 Meat .. .. .. 17 14 9 Interest .. .. .. 566 12 1 Live-stock at 30th June, Live-stock at 30th June, 1939— £ s. d. 1939— £ s. d. 3,200 sheep .. 2,245 2 0 13,403 sheep ..9,180 I 0 367 cattle ..1,296 10 0 1,842 cattle .. 6,576 0 0 11 horses .. 55 0 0 54 horses .. 285 0 0 ■ 3,596 12 0 — 16,041 1 0 - — 5,471 7 5 29,841 13 10 Balance at debit at 30th June, 1939 .. .. £19,719 5 10 57,548 6 5 =====

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MANGATCJ No. I—continued. Statement oe Accounts foe the Yeab ended 30th June, 1939 —-continued. Tabndale Station. Kokomoko Station. £ s. d. £ s. d. Balance at debit at 30th June, 1938 .. .. 14,435 17 9 Balance at debit at 30th June, 1938 .. .. 10,549 17 9 Debits. £ s. d. Debits. Saw and bench .. .. 12 0 11 £ s. d. Hay-rake .. . . . . 16 10 0 Building .. .. .. 561 14 11 Concrete tanks .. .. 35 0 0 Dip, yards, and concrete tanks.. 234 10 0 — 63 10 11 — 796 4 11 Live-stock at 30th June, Live-stock at 30th June, 1938 — £ s. d. 1938 — £ s. d. 3,972 sheep .. 2,952 0 0 5,064 sheep .. 3,662 9 0 506 cattle .. 2,042 15 0 775 cattle .. 2,781 10 0 21 horses .. 338 0 0 13 horses .. 65 0 0 — 5,332 15 0 6,508 19 0 Sheep bought .. .. 827 4 2 Sheep bought . . .. 202 11 0 Cattle bought .. . . 427 10 0 Cattle bought .. .. 82 10 0 Wages .. .. .. 1,146 16 1 Horses bought .. . . 50 5 0 Running-expenses, including repairs Wages .. .. .. 2,092 18 5 and maintenance .. ■■ 1,437 14 6 Running-expenses, including repairs Rates . . .. . . 186 12 10 and maintenance .. . . 729 10 8 Interest .. .. .. 731 15 5 Rates .. . • 193 19 1 Management and office expenses 172 2 6 Interest .. .. . . 1,063 19 10 10,262 10 6 Management and office expenses 300 0 0 b 11,224 13 0 Credits. 20,875 19 2 — 1938 wool— £ s. d.. 26,456 15 8 Realized .. .. 490 3 9 Valued last year at 262 0 0 228 3 9 Credits. 1939 wool — Sold . . .. 544 12 8 1938 wool — £ s. d. Unrealized .. 518 0 0 Unrealized .. 1,256 0 0 1,062 12 8 Valued last year at 872 0 0 Sheep sold .. . . 997 9 1 384 0 0 Mutton and lamb un--1939 wool unrealized .. .. 1,257 0 0 realized .. .. 740 7 0 Sheep sold .. .. .. 592 1 10 ' 1,737 16 1 Mutton unrealized .. .. 139 16 0 Cattle sold .. .. .. 1,546 8 4 Cattle sold .. .. .. 19 0 0 Skins and hides sold .. .. 30 9 7 Skins and hides sold .. .. 33 9 0 Meat sold .. .. .. 5 10 Meat sold .. .. .. 29 5 0 Chaff sold . . .. .. 234 0 0 Live-stock at 30th June, Live-stock at 30th June, 1939— £ s. d. 1939— £ s. d. 5 112 sheep .. 3,505 17 0 3,349 sheep .. 2,642 18 0 832 cattle .. 3,282 10 0 436 cattle ..1,818 17 0 20 horses .. 100 0 0 22 horses .. 346 0 0 6,888 7 0 4,807 15 0 9,342 18 10 — 9,652 6 5 Balance at debit at 30th June, 1939 .. .. £17,113 16 10 Balance at debit at 30th June, 1939 .. ..£11,223 12 9

Statement of Stock depastured on Stations at 30th June, 1939.

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Sheep. Cattle. Horses. Total. Station. number. Value. Number. Value. Number. Value. Number. Value. £ s. d. £ s. d. £ s. d. £ s. d. Kokomoko (flock) .. .. 3,121 2,149 8 0 359 1,214 0 0 22 346 0 0 3,502 3,709 8 0 stud) . .. 228 493 10 0 77 604 17 0 .. 305 1,098 7 0 Mana'atahu .. 7,119 4,823 14 0 891 2,963 10 0 11 70 0 0 8,021 7,857 4 0 Okafhau 3,200 2,245 2 0 367 1,296 10 0 1.1 55 0 0 3,578 3,596 12 0 Pukutarewa (flock) .. .. 6,897 4,923 5 0 915 3,163 0 0 108 1,320 0 0 7,920 9,406 5 0 (stud) .. 710 1,499 8 0 163 1,302 5 0.. .. 873 2,801 13 0 Tarndale ..5,112 3,505 17 0 832 3,282 10 0 20 100 0 0 5,964 6,888 7 0 Waitanairua' .. 4,017 2,729 19 0 647 2,549 0 0 24 135 0 0 4,688 5,413 19 0 Wairere .. .. ■■ 13,403 9,180 I 0 1,842 6,576 0 0 54 285 0 0 15,299 16,041 1 0 43,807 31,550 4 0 6,093 22,951 12 0 250 2,311 0 0 50,150 56,812 16 0

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MANGATU Nos. 3 and 4. Balance-sheet as at 30th June, 1939. Liabilities. Assets. £ s. d. Freehold properties. £s. d. £ s. d. Mangatu No. I .. .. .. .. 3,352 4 7 Mangatn No. 3 .. .. 21,640 0 0 Capital Account .. .. .. .. 39,640 0 0 Mangatu No. 4 .. .. 18,000 0 0 39,640 0 0 Improvements— £ s. d. Fenoing .. 577 18 7 Survey .. 541 17 0 1,119 15 7 Revenue Account 2,626 1 1 Less balance, Income Account .. 393 12 1 — 2,232 9 0 3,352 4 7 £42,992 4 7 £42,992 4 7 Auditors' Certificate. We have audited the accounts of Mangatu Blocks 3 and 4, East Coast Native Trust Lands, for the year ended 30th June, 1939, and our report on the audit of the accounts is contained in our letter of even date to the Bight Hon. the Minister for Native Affairs. Clarke, Menzies, Griffin, and Co., Bublic Accountants, Auditors. Wellington, 15th September, 1939. Income Account as at 30th June, 1939. £ s. d. £ s. d. £ s. d. Interest .. .. .. .. 152 15 2 Rent collected .. .. .. .. .. 706 11 2 Rates .. .. .. .. 92 0 8 Land-tax .. .. .. .. 7 16 8 Management and office expenses .. 60 6 7 312 19 1 Balance .. .. .. .. .. 393 12 1 £706 11 2 £706 11 2 MANGATU No. 3. Statement of Accounts for the Year ended 30th June, 1939. £ s. d. Balance at credit at 30th June, 1938 .. .. 9,318 3 0 Credits. £ s. d. Rent collected .. .. .. 706 II 2 Interest .. .. .. .. 437 12 5 1,144 3 7 10,462 6 7 Debits. Land-tax .. .. .. .. 7 16 8 Management and office exponses .. 35 6 7 43 3 3 Balance at credit at 30th June, 1939 .. .. £10,419 3 4 MANGATU No. 4. Statement of Accounts for the Year ended 30th June, 1939. £ s. d. Balance at debit at 30th June, 1938 .. .. 13,063 19 8 Debits. £ s. d. Rates .. .. .. .. 92 0 8 Interest .. .. . . .. 590 7 7 Management and office expenses .. 25 0 0 707 8 3 Balance at debit at 30th June, 1939 .. .. £13,771 711

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15th September, 1939. We report that we have completed the audit of the accounts of the Mangatu Block. No. 1 for the twelve months ended 30th June, 1939, also the accounts of the Mangatu Blocks Nos. 3 and 4 for the same period. We attach hereto a set of the foregoing accounts. We have the following comments to make : — Freehold Property —We have not inspected the title deeds relative to the properties, but have accepted the certificate from the District Public Trustee that he is holding certain of the documents as security for advances on mortgage. The solicitors to the Trust have also certified that they are holding on behalf of the East Coast Commissioner the documents relating to the Mangatu Blocks which arc not subject to mortgage. Stock—We have accepted the numbers and values of live-st,ock on the stations as at 30th June, 1939, as certified to by the Farm Managers and Mr. H. Symes, the Farms Supervisor. Distributions. —In cases where payments have been made to Natives during the year under review from the Tairawhiti District Maori Land Board, we have accepted the Board's receipts for moneys paid to them, but have not checked the individual receipts of the Natives concerned. The same procedure has been adopted as in previous years, and the individual receipts of the Natives will be checked by the Government auditors in the course of their audit of the Tairawhiti District Maori Land Board. The amount distributed to beneficiaries for the year under review was £8,444 18s. 6d. Wool unrealized (£6,865 9s. lid.). —The wool unrealized at the 30th June, 1939, as disclosed by the station accounts, amounts to £8,461. The difference of £1,595 10s. Id. is represented by advances against wool shipped. Mutton and Lamb unrealized (£4,974 6s. Id.). The mutton and lamb unrealized as shown in the Balance-sheet is £4,974 6s. Id. Details of this amount are as follows : — £ s. d. Value of mutton and lamb unrealized as per station accounts .. .. •• 5,665 3 0 Add killing charges, &c. .. •• •• •• •• •• 1>661 15 0 7,326 18 0 Less estimated proceeds pelts and slipe wool and portion of meat sold .. 2,352 11 11 £4,974 6 1 Mangatu Nos. 3 and 4.—These accounts are incorporated in the books of No. 1 Block, but separate Balance-sheet, Income Account, and Statements have been prepared. , Subject to the foregoing remarks, we certify that to the best of our knowledge and belief the accounts signed by us are correct. We have, &c., Clarke, Menzies, Griffin, and Co., Public Accountants, Auditors. The Hon. the Minister for Native Affairs.

Approximate Cost of Paper—Preparation, not given; printing (586 copies), £10.

By Authority: E. V. Paul, Government Printer, Wellington. —1939.

Price 6d.]

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