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Mangapoike 2d. —Statement of Account for the Year ending 31st March, 1915. £ s. d. Balance at debit, 31st March, 1914 .. .. .. .. .. .. 26 11 0 Payments. £ s. d. Rent to beneficiaries .. .. .. .. .. .. .. 138 17 0 Half cost of boundary-fence between Mangapoike 2c and Mangapoike 2d Blocks .. .. .. .. .. .. .. .. 125 1 0 County and harbour rates .. .. .. .. .. .. 19 12 11 Land-tax .. .. .. .. .. .. .. .. 570 Interest .. .. .. .. . . .. .. 11 15 3 Inspection and valuation expenses .. .. .. .. .. 400 Management, audit, office, and travelling expenses .. .. . . 20 0 0 324 13 2 351 4 2 Receipts. Rents .. .. .. .. .. .. .. .. .. 153 15 10 Balance at debit, 31st March, 1915 .. .. .. .. .. .. £197 8 4 Area of block, 5,419 acres. Value, £9,691.

Mangapoike 2e.—Statement of Account for the Year ending 31st March, 1915. £ s. d. Balance at debit, 31st March, 1914 .. .. .. .„ .. .. 39 15 1 Payments. £ s. d. Rent to beneficiaries .. .. .. .. .. .. .. 115 0 0 Land-tax .. .. .. .. .. .. .. .. 4 3 11 Interest .. .. .. ..• .. .. .. .. 455 Management, audit, office, and travelling expenses .. .. .. 16 0 0 139 9 4 179 4 5 Receipts. Rent .. .. .. .. .. .. .. .. .. 117 19 2 Balance at debit, 31st March, 1915 .. .. .. .. .. .. £61 5 3 Area of block, 2,980 acres. Value, £4,470. "'Maraetaha No. 2a, Sections 2 and 3. —Statement of Account for the Year ending 31st March, 1915. £ s. d. Balance at credit, 31st March, 1914 .. .. .. .. .. .. 1,228 7 10 Receipts. Interest .. .. .. .. • • ■ • .. • • .. 52 15 0 1,281 2 10 Payments. £ s. d. Purchase-money to beneficiaries .. .. .. .. .. 762 6 0 Law-costs .. . • • ■ • • • • • • 57 10 8 Management, audit, office, and travelling expenses .. .. .. 35 0 0 854 16 8 Balance at credit, 31st March, 1915 .. .. .. .. .. £426 6 2 Blocks sold. Maraetaha No. 2, Sections 3 and 6. —Statement of Account for the Year ending 31st March, 1915. Balances at credit, 31st March, 1914— £ s . d. £ s. d. Section No. 3 .. .. .. .. .. .. 1,990 3 9 Section No. 6 .. .. .. .. .. .. 1,810 0 1 3,800 3 10 Receipts. Interest .. .. .. •■ .. •• ■• .. 29 5 9 3,829 9 7

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