BANK OF NEW ZEALAND

Nelson Evening Mail, Volume LXIV, 19 June 1931, Page 4

BANK OF NEW ZEALAND

VOTE OF THANKS

(By Telegraph—Press Association)

WELLINGTON, This Day. At the annual meeting of the Bank of New Zealand to day a hearty vote of thanks was passed to the directors, the general manager, and the staff, on the motion of Mr A. E. Mnbin Mr Mubin said the world was going through a very strenuous time. Everything seemed to havo gone awry, and the highest economists in the world had not been able to find the cause there ■ of, but all were looking for the silver lining or streak of light which would come to a rather harassed world. The laws of economics worked very slowly, but surely, and everyone would emerge far wiser but possibly poorer men. In times such as the present it was far more necessary and right that shareholders should pass a vote of thanks, to the stall' for their services. Tributing Mr Watson, Mr Mabin said tliat his long experience in banking finance and what might bo termed llis solid and determined character, and also his close association with the affairs of the Dominion in the past when crises) had occurred, would be of very great service, lo the bank at the present time, and he, would have a very valuable coadjutor hr Sir Henry Buckloton. Tho chairman and Sir Henry Buckleton replied and the meeting concluded.