1.—6

XI

At 1.15 Hon. Mr. Seddon moved, That the Committee do now adjourn until to-morrow, at, 11 o'clock. Mr. Hutchison moved, That the hour be 10.30 o'clock. Upon the question being put, "That the words '11 o'clock' stand," a division was called for, and the names were taken down as follow :— Ayes, 9.—Mr. Graham, Mr. Guinness, Mr. Maslin, Mr. McGowan, Hon. Mr. McKenzie, Mr. Montgomery, Hon. Mr. Seddon, Hon. Major Steward, Mr. Tanner. No, I.—Mr. Hutchison. The main question was then put, and it was resolved in the affirmative, and the Committee adjourned accordingly.

Wednesday, 2nd September, 1896. Present: Mr. Graham (Chairman), Mr. Guinness, Mr. Hutchison, Mr. Maslin, Mr. McGowan,, Hon. Mr. McKenzie, Mr. Montgomery, Hon. Mr. Seddon, Hon. Major Steward. Minutes of the previous meeting read and confirmed. Order of reference, Ist September, read. Letter dated the 26th August, 1896, from Mr. W. G. Foster, General Manager, New Zealand Estates Company, in reference to producing certain documents in connection with the list of globo assets, was read. Ordered, That the letter do lie upon the table. Mr. Hutchison moved, That members of Committee hand in by Thursday morning such questions, being within the order of reference, as they may desire to have answered by Mr. John Murray, and, on such questions being approved by the Committee, on receipt of answers to such questions as are so approved, the same, together with the statement already received, be taken into consideration by the Committee as to whether the whole shall be treated as evidence. Resolved, on motion of Hon. Mr. Seddon, to strike out " Thursday" and insert " Friday." Hon. Mr. Seddon moved to strike out all the words after " Committee" last occurring. Upon the question being put, "That the words proposed to be struck out be retained," a, division was called for, and the names were taken down as follow :— Aye, I.—Mr. Hutchison. Noes, 8. —Mr. Graham, Mr. Guinness, Mr. Maslin, Mr. McGowan, Hon. Mr. McKenzie, Mr. Montgomery, Hon. Mr. Seddon, Hon. Major Steward. So it passed in the negative. Words struck out. Upon the question being put, "That the motion as amended be agreed to," a division was called for, and the names were taken down as follow :— Ayes, 8. —Mr. Graham, Mr. Guinness, Mr. Maslin, Mr. McGowan, Hon. Mr. McKenzie, Mr. Montgomery, Hon. Mr. Seddon, Hon. Major Steward. No, I.—Mr. Hutchison. So it was resolved in the affirmative. Mr. Hutchison moved the motion standing in his name in reference to summoning the liquidators, Colonial Bank of New Zealand, and their producing papers, &c. And the question being put, a division was called for, and the names were taken down as follow :— Ayes, 2.—Mr. Hutchison, Mr. Montgomery. Noes, 7.—Mr. Graham, Mr. Guinness, Mr. Maslin, Mr. McGowan, Hon. Mr. McKenzie, Hon. Mr. Seddon, Hon. Major Steward. So it passed in the negative. Mr. Montgomery moved a motion standing in his name as to summoning Hon. Mr. Seddon as a witness. And the question being put, a division was called for, and the names were taken down as follow: — Ayes, 2.—Mr. Hutchison, Mr. Montgomery. Noes, 7.—Mr. Graham, Mr. Guinness, Mr. Maslin, Mr. McGowan, Hon. Mr. McKenzie, Hon. Mr. Seddon, Hon. Major Steward. So it passed in the negative. Hon. Mr. Seddon gave notice to move on Wednesday next, That the resolution ordering notices of motion to be taken on Wednesday be rescinded, and that no motion, unless by unanimous leave, be taken into consideration until the Committee have finished taking evidence. Mr. Watson attended and continued his statement, and the same was taken down by the reporter. Mr. Watson handed in (1) List of Names of General Managers and Inspectors, Bank of New Zealand, between 1890, 1894, and 1896; (2) Combined Statement of Assets and Liabilities, Bank of New Zealand, 25th July, 1894, New Zealand, Australia, and Fiji: and the same were marked as Exhibits Nos. 53 and 54. At 1.10 p.m. Hon. Mr. Seddon moved, That the Committee adjourn until 10.30 to-morrow. Mr. Hutchison moved, That the hour be 10 o'clock. And the question being put, " That ' 10.30 ' stand," a division was called for, and the names were taken down as follow :— Ayes, 6.—Mr. Graham, Mr. Guinness, Mr. Maslin, Hon. Mr. McKenzie, Mr. Montgomery, Hon. Mr. Seddon. No, I.—Mr. Hutchison. So it was resolved in the affirmative. And the main question being put, it was resolved in the affirmative, and the Committee adjourned accordingly.