A compendium of official documents relative to native affairs in the South Island, Volume One.

Enclosure in No. 11

Enclosure in No. 11.

Statement referred to.
Date at which payment would have been made according to original pain. Interest accruing by delay,
£ £ s. d.
1st June, 1852. First instalment 1,000
Paid October, 1853, 16 months, @ 10 cent. 133 6 8
1st June, 1853. Second instalment 500
Paid November, 1853, 5 months, @ 10 cent. 20 16 8
1st June, 1854.Third instalment 500
£2,000
Paid November, 1853 Total interest £154 3 4
Deduct discount, 7 months, @ 10 cent. Total interest 29 3 4
Excess of interest over discount £125 0 0