TO-DAY'S PROCEEDINGS

Evening Post, Volume XCIV, Issue 41, 17 August 1917, Page 8

TO-DAY'S PROCEEDINGS

LEGISLATIVE COUNCIL

The Acting-Speaker (Hon. W. C. T, Carncross) resumed the chair in thf Legislative Council at 2.30 o'clock thg afternoon. I The report of the Statutes Revisio Committee on the New Zealand Ir scribed Stock Bill was presented by th Hon. o.' Samuel, and was considered i Committee, and various consequential, amendments on a new clause were a[ proved. The new clause in the By dealt with tihe issuing of certificates b; " the Registrar as evidence to title to it scribed stock. The Leader of the Coin cil (Sir Francis Bell) explained that th clause had been suggested by the Hon < 0. Samuel, and approved by the lav draughtsman and the Crown Law Office The effect of it was to constitute tw classes of certificates—one the ordinar bond and the other relating to certificate of title without which a trans ference was impossible. In dealing wit : the new clause, added Sir Francis Bel he had consulted the Treasury in regar to inscribed stock being free of duty. Th • pouncil could not provide for this, bu . it would be done later by a message fror '■ His Excellency the Governor-General. ! The amendments were put through af stages. j; At 2.55 p.m. the Council adjourneli until the ringing of the bell to enabl:' .them to be considered by the House* q Representatives. . jj