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BANK BILL PASSED

MEASURE APPROVED BY UPPER CHAMBER (P.A.) Parliament Bldgs., Nov. 23. No division was called for when the Bank of New Zealand Bill passed the Legislative Council this afternoon. During the third reading debate the Hon. W. Perry again raised the question of the position of the trustees, saying that he was concerned that they should not be put in the position of being “shot at” by beneficiaries, with or without cause, on account of any action they might lake in exercising their right of option as to accepting cash or stock for shares. He honed the Minister of Finance would do something about the question. The Leader of the Legislative Council. Hon. A. MeLagan, said Mr. Perry could be'assured the position would he carefully examined. If there was any daneer of the nature outlined steps would be taken to meet it.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19451124.2.19

Bibliographic details

Wanganui Chronicle, Volume 89, Issue 278, 24 November 1945, Page 3

Word Count
144

BANK BILL PASSED Wanganui Chronicle, Volume 89, Issue 278, 24 November 1945, Page 3

BANK BILL PASSED Wanganui Chronicle, Volume 89, Issue 278, 24 November 1945, Page 3

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