B.— 8.

7

For the Year ended 31st March, 1908.

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 9,355 0 0 Borough of Tauranga:— Investments, — 20 July, 1907. Land for Settlements 4-per-cent. Debentures, due 1 January, 1912 19 Sept., 1907. Land for Settlements 4-per-cent. Debentures, due 1 January, 1915 26 Feb., 1908. Land for Settlements 4-per-cent. Debentures, due 1 February, 1915 90 0 0 10 0 0 30 0 0 130 0 0 Borough of Brunner :— Investments, — 20 July, 1907. Land for Settlements 4-per-cent. Debentures, due 1 January, 1912 19 Sept., 1907. Land for Settlements 4-per-cent. Debentures, due 1 January, 1915 20 Feb., 1908. Land for Settlements 4-per-oent. Debentures, due 1 February, 1915 25 0 0 5 0 0 30 0 0 60 0 0 Carried forward 9,545 0 0