ACCOUNTANTS' INSTITUTE.

Evening Post, Volume XLVIII, Issue 51, 29 August 1894, Page 3

ACCOUNTANTS' INSTITUTE.

The first annual meeting 1 of the Incorporated Institute of Accountants of New Zealand was held in the Chamber of Commerce this afternoon. Mr. D. T. Stuart, President, ocoupied the chair, and there was a fair attendance of members. The annual report dotailod tho circumstances of the foundation of tho Institute, and remarked that whether it would fulfil anticipations and prove a substantial advantage both to aoconntanta as a class and to the mercantile and general community, -would of course depend mainly, if not entirely, upon futnro management. It was to be hoped that the [Council of] the Institute would always be successful in promoting and maintaining in the members such a high standard of obaraotnr and efficiency as should impart to the diploma of tho Institute the prestige of an unquestionable hall-mark. The incoming Council would be in a position to hold examinations at an early date. In moving the adoption of the report and balance-Bheot, tho President welcomed tho members to the first annual meeting. The institution had made a good start ; its members embraoiag representatives of various mercantile and financial institutions, as well as persons who were practising as public accountants. Mr. Stuart acknowledged the services rendered by Messrs. W. Brown (Duncdin), H. C. Tewsley (Christchurch), and T. J. W. Gale (Wellington) on behalf of the Institute. The motion was seconded by Mr. C. P. Powles. Mr. A. M. Ollivier (Chris tchurch) urged the admission of Associates. He would admit the heads of mercantile firms to the Institute; also, *ho duties of nnditors should bo- thoroughly d>- fined. Mr. W. Gray (Auckland) thought that the time for admitting members without examination should be extended. Tho President favoured Mr. Ollivier's idea that thore Bbould be Associate members, also that the annual meetings of the Institute should be peripatetic. As to the suggestion made that the Council should watch legislation affecting the interests of the Institute, that, he thought, was more a matter for the members themselves. The motion for the adoption of the report and balance-sheet was adopted, and the meeting then proceeded to elect a Counoil for the ensuing year.

Townsend and Paut will sell to-morrow, fruit. taerv and Co. will sell to-morrow, frnit.

The Chief Justice to-day refused, with £7 7s costs, a motion made by Mr. Hißlop, on behalf of tho defendant, to reduce the damages awarded by the jury in the case of Hung Foo v. Wong You, recently heard in the Supreme Court. Mr. C. H. Izard opposed the motion on behalf of the plaintiff. Amongst the passentjers by the Hauroto, which leaves for Sydney this evening, are a large number of shearers engaged in Wellington and the South by the Pastoralista' Associations of Australia. Mrs. Gamison, who is Secretary for the Shearers' Union in Christchurch, came up by thn same vessel from Lyttelton this morning, and goes on to Sydney, in the hope of converting some of the men. The creditors in the estate of Ah Chee Kin, storekeeper, of Mannkau, held a meeting in the Official Assignee's office yeßterday afternoon. Mr. Ward appeared for the debtor. The Assignee, who presided, mentioned that all the creditors except one had asaonted to the resolution passed at a former meeting that the estate should be realised by the Official Assignee, and it was considered almost certain that the claimant referred to would also give his consent. It was decided that tenders should be submitted to Messrs. Stringer and Nathan when opened, and if the offers were not deemed satisfactory the stook should be removed for sale by auction. It was decided that the proofß of debts under the assignment should be regarded as proofs iv the bankrupt estate. The meeting adjourned sine die. Last night was memorable in the annals of the Star of Newtown Lodge, 1.0. G.T. After the routine business was disposed of, the general public were admitted. A capital programme was gone through, in which the local talent was greatly assisted by visitors from H.M S. Wallaroo, Mr. Hill's mandolin bolos being especially worthy ot mention. An interval was declared at 9 o'clock, when tea, coffee, and light refreshments were banded round by the Harmony Committee, the latter in bags inscribed " Welcome to the Star of Newtown Lodge, No. 24," and other suitable legends. Both invitation tickets and bags were the gift of the secretary (B>-o. Pound). No less than eight candidates were proposed, and five initiated. Votes of thanks to the providers of the entertainment and tho performers were carried by acclamation. The Auckland correspondent of the Otago Daily Times says : — One of the results of gambling in connection with football was manifested an Saturday afternoon. A number of bettors, enraged at losing their money by backing thn New South Wales team, vigorously hooted the visitors at the clobo of the game. The exhibition of bad taste and bad feelim? was not confined to the hoodlum element, but was shared in by some spectators on the grand-stand. A telegram from Christchurch says that the Bentley Company's performance of " The Silence of Dean Maitland " was again crowded last night, Mr. Bentley 's Dean being a bigger success than his Silver King.