LOCAL INSURANCE BOARDS CONDEMNED.

Auckland Star, Volume XXVI, Issue 118, 27 May 1885, Page 4

LOCAL INSURANCE BOARDS CONDEMNED.

(by telegraph—press association.)

Invkroargill, this day. A meeting of policy-holders in the Government Insurance Department was held on Monday evening, to consider the proposal to establish local boards in Christchurch, Auckland, and Dunedin. The following resolution was submitted :— " That this meeting is of opinion tho business of the Government Insurance Association can best be administered by one Central Board, both on the score of efficiency and economy, besides securing uniformity of administration ; it therefore disapproves of the proposal to establish local boards of directors 88 being mischievous, extravagant, and unnecessary." It was objected that the motion was too sweeping in its terms, and ultimately it was withdrawn in favour of the following, which was carried unanimously :—That, in the opinion of this meeting, the proposal of the central board to create local boards in Auckland, Cbristchurch, and Dunedin, is premature ; and further, that before local boards are established a vote of the policyholders should bo taken on the subject." During discussion it was stated that the meeting had been called out of no spirit of antagonism to the Central Board, but merely to elicit the viewa of tho members on a matter regarding which there appeared to be great diversity of opinion.