LATE R. W. KANE

Dominion, Volume 18, Issue 69, 15 December 1923, Page 6

LATE R. W. KANE

BANK OF N.Z. SYMPATHY

Tlie loss sustained by the banking community in the death on Saturday last of Dlr. R. W. Kane, a director of the Bank of New Zealand, was the subject of sympathetic reference at the Half-yearly meeting of shareholders of the bank yesterday. "I deeply regret.” said tho chairman (Sir George Elliot), “to record the death of Mr. R. W. Kane, who has been a member of the board of directors for the past nine years—first as a Government nominee, and afterwards as a shareholders,’ representative. Mr. Kane had a wide knowledge of the bank’s affairs, and took the keenest interest in everything that affected the institution. His valuable services will bo a distinct loss ’to the Bank of. New Zealand. I am sure you will join with us in the sympathy we feel for Mrs. Kane and the members of her family in the irreparable Joss thev Trave sustained.” Mr. William Watson, in expressing sorrow at the death of his late friend and colcague, supplemented the chairmain’s testimony as to the great loss the bank had sustained. Mr. Kane’s conscientious and painstaking discharge of his duties at all times, combined with his long experience of the bank’s customers, staff and 'affairs generally, rendered his services of the greatest value to the shareholders. Mr. Alexander Macintosh moved:— "That the shareholders present desire to place on record their sense of the loss sustained by the death of Mr. R. W. Kane, who for very many years rendered valuable service to the bank, both as official and director, and that the general manager be requested to forward to the widow and family of the deceased gentleman a copy of the resolution.” „ “It is quite unnecessary for me, said the mover, “after the references already made, to indulge in any terms of eulogy. I would simply like to say that as one under whom .Mr. Kane served, in high and responsible positions. I had special opportunities of testing his efficiency, and of appreciating his many excellent qualities, his devotion to duty, and his honesty of purpose.” . Mr. W. H. Millward, in seconding the resolution, said that, when he joined the bank in 1879, Mr. Kane was accountant. Although a strict disciplinarian, he was just, kindly, and very helpful to all the staff, by whom he was held in great respect. He was a cautious and sound banker, and his loss was to be regretted. The resolution was carried, the shareholders standing.