Page 3 Advertisements Column 2

Wellington Independent, Volume XXVI, Issue 3168, 8 April 1871, Page 3

A NNUAL MEETING of Managers of th jLJL Wellington Savingß Bank, held at th Atheneeum, on Thursday evening, 6th April , XB7l. William Lyon, Esq., J.P., one of th< trustees, having taken the chair the advor tiseraent culling the meeting was read, the Provincial Government Gazette containing the audited accounts for the paßfc year luic upon tho table, and the following report reac by tho Secretary :•— BEPOBT. The past year baa been marked by a continuous commercial depression, which has, nc doubt, materially influenced that class of the community for whose benefit the Wellington Savings Bank was established, and it would excite little surprise, therefore, if, in presenting their annual report, the Committee wero unable to mark. a continuance of the Buccese which it has hitherto been their gratification to record. The Committee have, however, the pleasure to state that notwithstanding the retarding circumstances above mentioned the Bank's progress has continued unchecked. The deposits on 31st December, 1870, amounted to £8910 16s 10; at the same period in 1869 £8551 16s 7d, showing an increase of £359 Os 3d. Tho number of. current accounts is 507, being an increose of 53, and The accumulated profit of the Bank is now £1330 ISs 10d, exhibiting a net profit during ( the year of £73 14s Bd, being the largest addition made to the funde during any one year. These statistics indicate not only a prudent management but an appreciation by the community of the advantages offored by the institution, and your Committee feel justified in congratulating the managers upon tho result. Since the accounts were closed the Union Bank of Australia has intimated its intention, owing to thevery satisfactory relationsthat have existed for so long a period between it and the Wellington Savings Bank, to forego for the future certain charges that have heretofore been paid. Tho leave mentioned in tho last report as granted to MrKnowles having terminated, the Committee have much pleasure in expressing their entire satisfaction at tho manner in which the duties of secretary and accountant wero performed by Mr Benjamin Smith during the fourteen months over which Mr Knowles' leave extended. Williah Lyon, Chairman of Committee. The Chairman moved and Mr Duncan seconded, " That the Report now read be adopted." Carried unanimouslyThe Chairman having reported that the Hon. I. E. Featherston had resigned the office of Vice-President, which he had held since the Bank was re-established under tho Act of 1816, it was moved by Mr Woodward and seconded by Mr. Holdeworfch, " That this meeting cannot accept the resignation of its P/esident, tho Hon. 1. E. Feathereton, after a connection dating from tho commencement of tlio institution as now established, without expressing its sense of the warm interest he lias invariably manifested in the success of the objects for which the Wellington Savings Bank was founded." Carried unanimously. It was moved by Mr Dransfield and Be conded by Mr Woodtvurd, "That William Lyon, Esq., be elected President vice the Hon. I. E. Featherston resigned ; that Joseph Burne, Esq., be elected a trustee, and that Messrs R. J. Duncan, J. G-. Holdsworth, L. Levy, L. Moss, J. Plimmer, F. A. Krull, E. W. Mills, and B. Smith (Accountant) be elected a committee for the ensuing year." Carried. It was moved by Mr Burne and seconded by Mr Holdaworth, " That the thankß of this meeting be given to Messrs R. Lambert, J. H. Wallace, and W. H. Meok, fo* their oervices aB .Auditors during the past year, and that those gentlemen be re-elected Auditors for tho ensuing year." Carried unanimously. Tho list of Managers was then rovised by striking out, as the Act directs, " tho names of all those who have died, removed from the province, or become bankrupt or insolvent during the year." After a vote of thanks to the Chairman, the meeting separated. William Lyon, Chairman. List of Managebs. Allen, G. Lambert, R. Anderson, D. Lewis, D. Barraud, C. D. Ludlam, A. Best, W. Luxford, G. H. Bethune, J. H. Lyon, W. Bißhop, W. Martin, J. Brandon, A. do B. M'Kenzie, T. Burne, Joseph Meek, W. H. Clark, W. Mills, E. W. Crawford, G. Mitchell, J. Crease, E. H.. Nuthan, J. E. 'Dorsett, W. Owen, H. Dransfield, J. Pearce, E. Duncan, R. J. Plimmer, J. Featherston, I. E. Port, R. Fitzherbert, M. Quin, M. Frauce, J. Rhodeß, W. B. Hart, R. Schultz, 0. W. Holdsworth, J. G. Sharp, 0. Hoggard, J. Smith, J. E. Holmes, W. Strong, R. R. Houghtou, J. Sidey, F. Howe, C. Taylor, J. M. Hunter, <3h Tuylor, W. W. Johnston, J. Turnbull, W. Kebbell, J, Venuell, G. H. Kebbell, I. Wallace, J. H. Krull, F. A. Wright, J.F.E. Laing, P. Woodward, J. RAKE OPPORTUNITY. SEVERAL PRIZES. mO BE RAFFLED at Doneckers's Hotel, for the Benefit of the Widow of the late W. Bentham — 270 members at 10s each — one ORGAN HARMONIUM, manufactured by tho lato Mr Bentham, valued at £150 ; and wonty -one other prizes, consisting of Clockß, one Silver Watch, Rings, Meerschaum Pipes, &c, on MONDAY EVENING, tho 10th APRIL, at 8 o'clock. Tickets enn be had of Mr Doneckor. NOTICE. nnHE Funeral Procession of Mr A. J. CarJL renter will leave tho residence of Mr Brown, Woolcomo staeet, on Saturday next, at a quarter post three o'clock. Friends are rospectfully invited. W. NICHOLSON, Undertaker. NOTICE. rriHE Funeral Procession of Mr G. Pudnoy X will leave his residence, lugehtro street, oa Monday noxfc, at three o'clock p.m. Friends are respectfully invited. W. NICHOLSON, Undertaker. CAUTION TO SHOPKEEPERS AND OTHERS. I HEREBY Caution pcoplo against giving Credit to my wife, Johanna M'Mahon,on and from this dato. FRANK M'MAHON. April sth, 1871. WANTED, an Iron or Copper Boiler, to hold from 50 to 100 gallons. Apply sharp to " D," office of this pnper. WANTED, a Housemaid. Apply to Mrs Brandon, Hobson street.