MORTGAGEES' RIGHTS
NEW SOCIETY FORMED
(By Telegraph.—Press Association.) CHBISTCHUKCH, 18th, Jan. The formation of a Mortgagees' Protection Association of New Zealand was the outcome of a largely-attended ' meeting of mortgagees, solicitors, and businessmen held this afternoon. .The association will seek to organise mortgagees throughout tho Dominion for the protection of their interests, and will put their case before the Government in the event of .any further proposals to limit their rights by legislation. One of the chief complaints expressed at the meeting -was the Government's action in enforcing payment of accrued land tax and rates after a property, came back on the mortgagee's hands. It was agreed to aak the Government to remove the mortgagee's responsibility in this respect. The executive was authorised, if it thought fit, to send a deputation to "Wei. lington at an early date to place the claims of the mortgagees before the Government in the event of any further proposals to limit their rights as compared with the rights of stock mortgagees. It was agreed to communicate with similar interests in Auckland, "Wellington, and Dunediu in an effort to extend the movement.
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https://paperspast.natlib.govt.nz/newspapers/EP19330119.2.131
Bibliographic details
Evening Post, Volume CXV, Issue 15, 19 January 1933, Page 10
Word Count
187MORTGAGEES' RIGHTS Evening Post, Volume CXV, Issue 15, 19 January 1933, Page 10
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