NOTICES OF MOTION.
The Bub-committee met again at 3,45 this afternoon and proceeded to review the notices of motion tabled by Mr Hutchison. Among the amendments introduced was one by the Premier to call npon the bank to produce copies of all entiles in the books respecting writings, off since 1888. The clause referring to the prodnotlon of the share register of the bank was excised ; and clause 3, relating to the mloate book, was altered so as to include particular of writlngs-off. On the qaeatlon of producing the debentures of tne Ward Association held by the bank, the Premier objected on the ground that the clause w»s bayond the Order of Reference. Unless there were writings - off the committee had no more right to demand tho production oi the Ward dobentures than those of Gntbrio nnd Co., tbe Fine Company, or the Gear Meat Company. He moved that the ciause be excised. — Mr Montgomery contended that the recont Court) proceedings had ohown a connection between the Ward Association and the bank, He suggested while doubt existed as to the connection the olauses be postponed.—Mr Hutchison said the judgment by Judge Williams had distinctly impl!« cated the Ward Association.— The Premier denied there was any judgment. It WRB merely a statement) founded on aitidavits Id which no reference was made to Mr Ward, — The clause was struck out for the present. The Premier said (hat in respect to framing the issues and deciding on witnesßes counsel be heard aa regards reve--1 finny, and he moved to that effect. — Major Steward questioned whether the motion was In order, a resolution of the general committee having barred connßelB 1 addresses. — The Chairman ruled the motion out of order, but would allow questions to be put through the ohalr. The Premier moved to strike out the next clause referring to the production of documents by Mr Ward, contending there was no relevauoy.-*- This was agreed to, but thßt portion of the clause empowering the committee to call npon Mr Ward to attend and give evidence was allowed to stand.' Other clauses under the same head oalllng upon Mr Ward to produce the articles of association, share register, balance-sheets, books, correspondence, (&0., of tho Farmers' Association and Ocean Beach Refrigerating Company, were postponed on the understanding that the committee might call for the docnmenta as required. The clansea regarding the attendance of Me3srs Keith Kamsay, Vigers, and Simpson, anil the prodnotlon of documents, were passed with the amendment .that the documents be produced when required. The clause relating to the production of the original share register of the Colonial Bank was also postponed. Clause 4, aa to the production of the bookß and documents of the Ward Farmers' Association in connection with the Colonial Bank, was struck out. Clause 6, re the production of letters and communications an to a deposit by the Colonial Treasurer in the Colonial Bank in 1894 of £150,00Q wna excised ; aIBO regarding the production of debentures of the Ward AsoQpation held by the bank. Tbe notioe ref erring to Mr J. M, Butt, auditor, being summoned to give evidence and produce documents was agreed to with mluor amendments. The Premier remarked that he was in possession of information showing thai] the negotiations for the amalgamation of the Colonial Bank with the Bank of New .Zealand dated back to 1888, In reference vo tiha production of alt documents, papers, and writings that were in the possession of the liquldatoro the Premier moved that the House bp askeq to permit the committee to set aside any obstacle to their production based on the ground of 10 dcouments being confidential.— Mr Hutchison argued that) tbe committee already possessed the fullest discretionary power to deal with the documents, confidential or otherwise. —The Premier Bald that even where the House ordered papers and documents to be laid on the table, confidential documents were excluded.— The clause was amended so as to Include confidential documents, the Premier Inblmating that he would move tbe exoialon of tbe clauEO at a later stage, Tha 'clause relating to calling Mr George Todd, tne chairman of- the Assets Realization B,oa'rd, wab passed slightly amended. The part of the notice regarding the appointing oi accountants to reporbapon the balance-sheets of the Ward Farmers' Association was referred to the general committee. The list of wltnesfea to be called was amended by the addition of Mr G. Poster, managing director of the Assets Board. A new olause was added to include the production of balance-sheets, &0., db« tween June 22ad and October 10th in connection with, the station, etock, and leasehold property, and the balanoß.sheet submitted tOi the Government for adjustment between trie Estates 'Corqpany, Assets Ee&Hoatkm Board, and the Government, to(»ather with all draft balanceuheefcs, also original certificates of tbe Government auditor showing adjustments between tbe two companies ana the Government ; also the report of Messre Smith and Campbell and their statement of ' accounts ; also tho rejoinder to the same, Tho Premier's notice of motion in favor of a return 'using produced by Mr W '
Booth, shoeing all BKpensea incurred Id connection with the banking legislation prior to 1894 and since, and particulars of the same, was agreed to with slight amendments. The committee adjonrned at 5 40 till next day.
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Bibliographic details
Hawke's Bay Herald, Volume XXXI, Issue 10361, 22 July 1896, Page 3
Word Count
880NOTICES OF MOTION. Hawke's Bay Herald, Volume XXXI, Issue 10361, 22 July 1896, Page 3
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