ADJUSTMENT OF MORTGAGES
FEWER VOLUNTARY SETTLEMENTS THAN EXPECTED
(United Press Association) WELLINGTON, September 16. The Minister of Justice (the Hon. H. G. R. Mason), in a statement today said the returns of work accomplished to date by all the adjustment commissions under the Mortgagors and Lessees Rehabilitation Act 1936, showed good progress on the part of the commissions. A less satisfactory feature was that the number of voluntary settlements to date was not so great as had been anticipated. No doubt the u y n_ ber of voluntary settlements would increase as the principles upon which the commissions worked became better known. He urged that all parties who had applications pending should not wait for their cases to be called on but should immediately get together with a view to negotiating a settlement which could then be confirmed by the commission.
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Southland Times, Issue 23307, 17 September 1937, Page 11
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141ADJUSTMENT OF MORTGAGES Southland Times, Issue 23307, 17 September 1937, Page 11
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