D—No. 7.
ADJUSTMENT OF NEW ZEALAND COMPANY'S DEBT.
No. 4. The apportionment of the Public Debt between the Provinces of Canterbury and Otago having been fixed on the basis of an award by Messrs. Richmond and Whitaker in August, 1858, with the consent of all the representatives of those Provinces then present in Auckland ; and the award having been made subject to re-aeljustment on the single ground that if the then assumed boundary line between tho two Provinces should turn out not to be correct, and any portion of the territory appearing in the chart used by the arbitrators as part of Canterbury, should be found to be within the Province of Otago, then a fair proportion of the debt borne by Canterbury should be transferred to Otago; and the boundary line between the two Provinces having now been defined by tho Canterbury and Otago Boundary Act, 1861 ; We the undersigned, Members of the General Assembly from those Provinces, have agreed to refer again to arbitration tho question whether any, and if so, what alteration ought to be made in that apportionment, in consequence of the definition of the boundary. We further agree that Messrs. Richmond and Whitaker shall be the arbitrators in the case, with power to appoint an umpire in case of their differing. We also pledge ourselves to use our best endeavours to carry out the award to be made by the arbitrators, to have it incoporatcd in an Act of the General Assembly during the present Session, and considered in our respective Provinces as a final and binding arrangement. Witness our hands this 23rd eiay of July, 1861: J. Cracroft Wilson, C.8., " J. C. Watts Russell, I. Thomas Cookson, Feedk. A. Wel®, -p, , Ckosbie Ward, lid • j? . -r, r\ > Province of A. R. Creyke, [ ,-, , , Thomas Rowley, Canterbury. George W. Hall, Francis Jollie, Augustus Edward White, _, T. Fraser, Thomas Dick, „ , Edavard McGlashan, * 01 ; tlie „ F. D. Bell, f Province of C. H. Kettle, uta S°W. B. D. Mantell,
No. 5. We, the Arbitrators appointed by a Memorandum signed by certain members of the House of Representatives, dated 23rd July, 1861, whereby it is referred to us to readjust the apportionbetween the Proviuces of Otage and Canterbury of that part of the debt of £200,000 which is charged upon the said two Provinces by the fifth section of the Public Debt Apportionment Act, 1858, do award-as follows: — Having taken into consideration all the circumstances of the case, we award and determine, that out of the sum of £155,000, now borne by the two Provinces of Otago and Canterbury in equal shares, the sum of £81,000 (Eighty-one thousand pounds) ought to be borne by the Province of Otago, and the sum of £74,000 (Seventy-four thousand pounds) by the Province of Canterbury, such readjustment to take effect from the passing of the Canterbury and Otago Boundary Act, 1861. As witness our hands this seventh day of August 1861. Fredk. Whitaker, C. W. Richmond.
No. 6. COMPUTATION OF AREA OF LAND INCLUDED BETWEEN THE OLD AND NEW BOUNDARIES OF THE PROVINCES OF OTAGO AND CANTERBURY. The green line on the map "A" indicates the boundary of the Provinces as set forth in the recent Act. Between the old boundary and the green line there is an area of 1,144,320 (one million, one hundred and forty four thousand, three hundred and twenty acres). Dividing this area into portions East and West of Mount Aspiring, there are East of that mountain ... ... 844,800 acres, and West „ ... ... 299,520 „ Total ... ... 1,144,320
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