Page 5 Advertisements Column 2

Clutha Leader, Volume I, Issue 19, 19 November 1874, Page 5

Late Advertisements. i the value of wheat in the Engl sh market, it has been more than counterbalanced by the continued high prices of the more important export— wool. Although there are not want* , ing elements in our future prospects to suggest 1 great caution, I think we have ample ground for hope and confidence in the future of the Colony. It now only remains for me to move " That the Report aud balance-sheet, as read, be adopted, and circulated among the shareholders. Dr. Campbell seconded the adoption of the report, which motion was carried unanimously. The Chairman said that the nest business i before the meeting was tbe election of a director in the place of himself, who retired from the Board. The only gentleman who ' was a candidate for the office was Mr. James Williamson, and he therefore declared him elected. The next business was the election of an auditor in the place of Mr. James Watts. Mr. Jab. Robinson proposed, and Mr. G. P. Pierce seconded, that Mr. C. J. Tajlor be elected auditor. Carried unanimously. Mr. W. J. Tavlob said-— There being no j other business before the meeting, I beg leave to move a vote of thanks to the directors and -officers of the Bank for their services during the past year, and at the same time to congratulate the shareholders..^ the continued prosperity and success of the institution. The Chaibman, on behalf of the directors, said tbat it was a source of great satisfaction to receive the vote of thanks. It was a very great pleasure to them to forward, as far as possible, the interests of the Bank and shareholders. Mr. D. L. Murdoch said— Gentleman, on behalf of the staff, I assure you that nothing wiil be wanting on our part to endeavor to advance the interests of the institution. There is one matter which has occurred to me on which the Chairman has not touched, and whish I think due to the Board to mention, tbat has particular reference to this vote of thanks. It is that during the half-year the Board felt justified in according to the staff a bonus of 10 per cent, on their salaries— a course which I need not say has been most welcome to the staff, and has had a mot beneficial effect. Welcome as your periodical vote of thanks undoubtedly are, the 10 per cent, vote has no doubt appealed more directly to their feelings, and I anticipate tbe best results therefrom, and hope the future of the Bank will warrant the action. The minutes were read and the proceedings terminated.