BANK OF NEW ZEALAND

Taranaki Daily News, 20 June 1931, Page 15 (Supplement)

BANK OF NEW ZEALAND

COMPLIMENT TO THE STAFF. By Telegraph.—Press Association. Wellington, June 19. The annual meeting of the Bank of New Zealand was held to-day. A hearty vote of thanks was passed to the directors, general manager and stall, on the motion of Mr. A. E. Mabin. Mr. Mabin said that the world was going through a very strenuous time. Everything seemed to have gone awiy and the highest economists in the world had not been able to find the cause thereof, but all were looking for the silver lining or streak of light which wpuld come to the rather harassed world. The laws of economics worked very slowly but surely, and everyone would emerge a far wiser, but possibly a poorer man. In times such as the present it was far more necessary and right that shareholders should pass a vote of thanks to the staff for their services. Paying a tribute to the chairman of directors, Mr. William Watson, MI. Mabin said that his long years and experience in banking finance and what might be termed his solid and determined character, also his close association with the affairs of the Dominion in the past, when a crisis had occurred, would be of very great service to the bank at the present time, and he would have a very valuable coadjutor in Sir Henry Buckleton. The chairman and Sir Henry Buckleton (general manager) replied and the meeting concluded.