IN STRONG POSITION

Dominion, Volume 25, Issue 230, 24 June 1932, Page 5

IN STRONG POSITION

Bank Officers’ Guild SUCCESS OF INSURANCE Twenty delegates from various parts of the Dominion attended the thirteenth annual conference of the New Zealand Bank Officers’ Guild, which concluded in Wellington yesterday. The annual report presented to the meeting showed a membership of 2787, representing approximately 83 per cent, of the staffs of the banks.

The report referred to the many activities of the guild, including investment and beneficent societies, educational work, the benevolent fund, and also the group insurance scheme which was said to have grown phenomenally. The premium income already amounted .to about £10,400 per annum and the value of the life policies in the scheme exceeded £376,000. The accumulated funds of the guild stood at £2BBB. The conference devoted its attention to matters concerning, the guild’s membership, and it was decided, in view of the strong financial position, and in the interests of members, that the rates of subscription should be reduced. Gratification was expressed at the prominence achieved in the field of ’sport by Messrs. F. D. Kilby, I'. R. G. Steere, and G. A H. Bullock-Douglas, of the touring All Blacks’ team, Mr. J. P. Hornabrook, of the Kirk-Windeyer golf team, and Mr. S. W. Cox, a NewZealand rowing representative at the Olympic Games. The following officers were elected: President, Mr. R. .A Dixon; vice-pre-sidents, Messrs. B. C. Carpenter, Auckland, P.' C. Rose, Wellington, J. J. Howie, Christchurch, and R. W. Sadd, Dunedin; executive committee, Messrs. H. J. Edwards, A. R. Frethey, V. C. S. Edwards, A. J. Kircher, C. J. Du Flou, K. T. Thompson, G. F. Loney, E. C. Little, and J. Stenhouse; hon. auditor, Mr. S. T. A. Scott.