NAPIER CHAMBER OF COMMERCE.
The ordinary monthly meeting of the Chamber of Commerce wns held yesterday afternoon, Mr JL K. Miller, president, in the chair, There was a fair attendance. TRADE WITH CANADA. The Secretary read a circular letter from the Premier (already published in our telegraphic columns) relative to the encouragement of trade between Canada and Now Zealand. A lnief discussion followed, the members generally agreeing that withont further information the Chamber was not in a position to pronounce any definite decision on the proposal. The discussion ended by the adoption of a motion to the effect that the Chamber would be glad to hear that it was possible to cultivate trade with Canada on a reciprocal basis, and would await further information when tlie raply expected from the Premier of Canada was received. 11ANKUUPTCY DELAYS. There was considerable discussion of a desultory character on the motion of which Mr Large had given notice, requesting the Government to give instructions for the more rapid winding up_ of bankrupt estates, and the periodical filing of accounts in unclosed estates. Mr James Sidoy said he had some conversation with the Deputy Assignee, who said he had asked his superior officer, Mr Graham, to appoint a local auditor, as Major Teesdale, theollicial auditor, made his visits of- inspection at very long intervals. It was fifteen months since the auditor had been in Napier. The President said he had seen the Oflicjal Asdgneo, Mr Graham, when he was in Napier, and Mr Graham informed him that arrangements would be made for the payment of dividends without waiting for the auditor. Ile (Mr Graham) would take the risk. Mr Graham had also remarked that ho wished to remove some misapprehension which existed on another point. The heavy charges for law costs in some estates wore not for the Deputy Assignee's solicitor, but for tho legal representatives of creditor!;. Mr Lnrgc K.iiil (hat in one cstafe lie knew tho nssign^'si pojjcjfor ■>yn ; 3 paid .COO. THO fCO t0 UIC OlW'" 1 ""' solicitor I oiUioi'.CSov.ClC. .. - -«" l^i uiwonil'Atfggestert that the representations of Ihe Chamber were more likely to bear fruit if resolutions ■\ycvo passed recommending specific alterations in the Act. It was ultimately decided to write to the Ollicial Assignee requesting him to facilitate, as far as possible, the winding v)) of estates, ami to cause balance-sheets of all estates to be made up six months after bankruptcy proceedings wero initiated, such balance-bhects to be open to tlie inspeotion of interested creditors. It; was also agreed that a letter should be sent to the Government pointing out that theprcFont arrangements with regard to audit prevented the Act being carried out, and asking that bolter arrangements should bo made. wool Exmnmox. It was reported that through a misunderstanding the committee appointed ! to co-operate with the president and vice-president of the Agricultural and • Pastoral Society in obtaining exhibits of wool to be Bent to the coming wool and 1 grain show at Chris tchuich had not met. • Mr Tanner and Mr Miller, however, • reported that they had personally given ; some attention to the subject, mid' that
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Bibliographic details
Hawke's Bay Herald, Volume XXII, Issue 7611, 7 December 1886, Page 3
Word Count
517NAPIER CHAMBER OF COMMERCE. Hawke's Bay Herald, Volume XXII, Issue 7611, 7 December 1886, Page 3
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