G—3

EAST COAST MAORI TRUST LANDS —continued Statement of Account for Year Ended 30th June, 1950 —continued PAPUNI STATION SUBSIDIARY (NGAPAKIRA FARM) Debits £ s. d. £ s. d. Live-stock at 30th June, 1949 : 150 cattle .. ... . .. 1,350 0 0 Cattle bought (262) .. .. .. .... .. 4,402 10 0 Sheep bought (546) .. .. .. .. ' ... 894 0 0 Wages .. .. .. -■ .. •• 75 3 0 Repairs, maintenance, and running-expenses .. .. .. 47 0 2 Rent .. .. .. .. .. . ■ . - 40 0 0 Rates .. .. .. .. .. .. .. 55 12 6 Interest .. .. .. .. .. .. .. 84 7 1 Management and office expenses .. .. .. .. 75 0 0 7,023 12 9 Credits Cattle sold (67) .. .. .. .. 1,205 4 9 Half-share loss transferred to — Papanui Station .. .. .. .. .. .. 770 4 0 State Advances : Ngapakira Account .. .. .. 770 4 0 Live-stock at 30th June, 1950 £ s. d. 546 sheep .. .. .. .. .. 894 0 0 228 cattle .. .. .. .. 3,384 0 0 4,278 0 0 7,023 12 9 TAHORA 2g 2 Debits £ s. d. Balance at debit at 30th June, 1949 .. .. .. .. .. .. 823 17 4 No further transactions. WHAITIRI No. 2 Credits £ s. d. £ s. d. Balance at credit at 30th June, 1949 .. .. .. • • 88 6 2 Rent received .. .. .. .. .. • • ■ • 213 15 0 302 1 2 Debits Distribution .. .. .. .. .. .. . • 213 0 0 Management and office expenses .. .. .. .. .. 10139 223 13 9 Balance at credit at 30th June, 1950 .. .. .. .. .. £7B 7 5

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