WELLINGTON NEWS.
» INSURANCE RATES. j THE MANAWATU RAILWAY. Per Press Association. Wellington, Last Niglit. It is stated that the insurance companies will make a general advance iu premium rates next spring. Nothing lias been done in the matter of the acquisition of the Wellington and Manawatu Company's railway line by the Government, except that formal notice lias hneu given to the Cornp-auy that on December 7th the State will exercise its power to take over the line. It is rumoured that the Company will adopt a strictly negative attitude. There is a possibility that legislation will be brought forward during the coming session by which the transfer will take place on December 7th, leaving the question of compensation ro be settled afterwards.
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https://paperspast.natlib.govt.nz/newspapers/MT19080527.2.27
Bibliographic details
Manawatu Times, Volume LXV, Issue 422, 27 May 1908, Page 5
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122WELLINGTON NEWS. Manawatu Times, Volume LXV, Issue 422, 27 May 1908, Page 5
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