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Land purchases, Middle Island : in continuation of paper G. 6, 1874, presented 29th July, 1874 : presented to both Houses of the General Assembly by command of His Excellency
L.—Stewart's Island
L.—Stewart's Island.
This island was acquired from the Natives on the 29th June, 1864, for the sum of £6,000 paid as follows:— ?2,000 down; ?2,000 to be held by the Government at 8 per cent, the interest to be paid annually to certain Natives; and the remaining £2,000 to be expended in the purchase of lands in the Southland Province, as an endowment for educational and other Native purposes.
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Plan of Land Purchases in South and Steward Islands. Enclosure in Report from Mr. A. Mackay.
A block of excellent land in the Hokonui District, comprising 2,000 acres, has been obtained in satisfaction of the aforesaid condition. This property has been let to a tenant for twenty-one years, at £100 per annum, the proceeds to be devoted to educational purposes for the benefit of the Natives residing in the neighbourhood of Foveaux Strait.
In fulfilment of the conditions of sale, reserves, containing an aggregate area of 935 acres, were made for the Natives, supplemented by a number of the adjacent islands for bird-catching purposes.