Commercial.

Star (Christchurch), Issue 49, 10 July 1868, Page 2

Commercial.

— 0 — ■ Tha Star Oillco, This Day. Tbo comnillloo of tho Chamber of Commerce held a special meeting yesterday, Mr J. ,1. Fletcher 'occupied llni chair, and there woro prcaont .Messrs Curtis, Richardson, Wilson, Inglls, Twontyiimn, Gould, and J, E, Graham, lion, see, The mlnulcH of last meeting having boon read and conllrmcd, a lottor from the Provincial Sccrotary, enclosing ono from tho General Government, was read, The latter promised Ihat Iho Government would endeavour to meet tho wishes of the 011111)11)01* as far as possible with regard to steamers calling al Lyllollon. After some discussion, tho following resolution, In reply lo a loiter from Messrs Shoppard and Co,, regarding the £10 clause in the Bankruptcy Aot, and the arrest of absconding doctors, wns ngrood to s— "That a sub-committee, consisting of Messrs ilcnnnh, Jnglls, and Curtis, bo appointed to consider Messrs Hlie|)pard and Oo.'s lotlcr, and to draw up a letter to the Atlornoy-Ocneral, embodying such amoiidinent of the law as may be deemed advisable to remedy tho evil complained of, aud al, the samo timo lo consider whether It would bo advisable to ask for such an alteration of Iho law of arrest as will make warrants current all over Now Zealand, The Huh-conimlttii to report; to tho committee boforo Bonding tho lottor to tho At-tornoy-Gonoral." Mr lugUs moved Iho following resolutions standing In his namo s— " That tho attention ol! the Attorney-General be called to the present stato of tho law regarding the llllng of bills of salo within ten days of execution. That this stale of the law prejudicially affects transactions In slatlon properly, lnas-, muoh as when the deed Is executed at a groat distance from tho town where tho registration oillco Is ultuatcd, or when the properly affected Is in a neighbouring province, ll Is 5n some cases Impracticable, and at all tliucrt inconvenient, to flic a bill of sale within (ho time required hy the Act, That lv tho opinion of this committee. If. tho law was ho altered as to permit ovldonco of tho posting of any bill of salo affecting station properly by the production of Iho Poslr masLor'H registration receipt thereof, the lottor or deed being addressed lo tho registrar forthe province, or wore they extended to i twenty days, when Iho registration oillco is I moro than 100 miles distant, or the properly affected Is situated In a different province lo that In which (he deed Is executed, Iho dlllloulllcsof the case will bo mot, and thai; a copy of Iho resolutions bo forwarded to the Attorney-General," Tho resolutions wore duly iicconfled and passed, . ' Mr Gould next callod attention to tho opposition rallied to tho proposed alterations in tho Mfith clauso of tho Bankruptcy Act, and referring to bills of salo on stock and stations. AI. present, Iho security given in blllii over slock wan perfectly valueless, owing lo Iho law on reputed ownership. II; was only latoly thai he had heard of Mr Travel's' Intention to oppose tho desired alterations,' and ho should liko to know what tho Cbambor intended doing In tho mailer, The Chairman said the mallei' was to bo brought before (he general mooting, to he held at three o'clook, and tho matter was conHc(|ucnl;ly allowed to drop. Thin terminated tho commlttco meeting, and Hufllelcnl- members not being in attendance at Iho hour appointed 'for the gonoral mooting, It was deferred,