AUSTRALIAN NEWS.
GENERAL ITEMS. ( / r ]'».*■* Jvn... i.iti.-t,.— (.'iijit/ri'i/it.) deceived Nov. '2O. 10.2"» a.m.) Mei-moi rnk, Thb day. A company is projected to take over the Milillira Settlement, with a capital of £IOO.OOO or fe1.10,000, and it is proposed to issue a quarter million of 3i per cent, debentures, and to ask the Government to guarantee the interest. The report of the Life Assurance Enquiry Board recommends an amendment so as to prohibit societies registered under the Friendly Societies Act doing life insurance business. That life policies be rendered secure from creditors notwithstanding bankruptcy, subject to a charge in favor of creditors to the extent of the premiums paid during the three years preceding insolvency. Sailed —Manapouri for the Bluff. Ai>klaii>k, This day. In the Legislative Assembly the Hon. Mr Foster moved that the Government invite tenders for the construction of the Trans continental railway on the land grant system on the basis of a ninety-nine years lease. The Labor party opposed the motion, and the debate was adjourned. Brisbane, This day. In introducing the Bank Bill the Premier promised a searching enquiry will be made into tbe affairs of the Queensland National Bank. The Government propose to cable the mining returns to England monthly.
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Bibliographic details
Hastings Standard, Issue 181, 26 November 1896, Page 3
Word Count
204AUSTRALIAN NEWS. Hastings Standard, Issue 181, 26 November 1896, Page 3
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