No. 346.—Petition of Aihepene Kaihau and 2 Others.
Petitioners say they were owners of land at Waiuku; that this land sold for £3,500; that of this amount the sum of £2,000 is held by the Public Trustee; that they have frequently applied to the Native Minister to advance them money to pay their debts, but he always refused. They pray tha t ut of the trust-money referred to enough may be given them to pay their debts.page 17
I am directed to report as follows:—
Petitioners were owners with others in a block of land called Pehiakura, restricted from sale or lease for twenty-one years. The land was let at £75 per annum. In 1880 the owners were offered £3,500 for the land, and, as this would bring in a much larger income if invested than the lease produced, they applied for leave to sell, stating that they would agree to the money being invested permanently for their use. By agreement a sum of £500 was paid them for the purpose of paying debts, and it was further agreed that £3,000 should be invested by the Public Trustee. When the trust deed was ready they refused to sign, as they wanted more money. After various negotiations, the sum of £1,000 further was paid, and now they weary the Minister for the balance of £2,000. The Committee recommends that it should not be paid to petitioners, but invested by the Public Trustee, if the law permits of that course.