GOVERNMENT INSURANCE.

Ashburton Guardian, Volume V, Issue 1549, 26 May 1885, Page 3

GOVERNMENT INSURANCE.

[By Telkorib,J Invercargill, To-day A meeting of policy holders in the Government Insurance Association was held last evening, to consider the proposal Co establish Local Boards in Christchurch, Auckland and Dunedin. The following resolution was submitted -.—“ That this meeting is of opinion the business of the Government Insurance Association can best be administered by one central Board, both on the score of efficiency and economy, besides securing uniformity of administration. It therefore disapproves •f the proposal to establish Local Boards of Directors, as being mischievous, extravagant and unnecessary.” It was objected that the motion waa too sweeping in its terms, and ultimately it waa withdrawn in favor of the following, which waa carried unanimously — ,f That, in the opinion of this meeting, the proposal of the Central Board to create Local Boards in AucKland, Christchurch and Dunedin is premature ; and, further, that before thefLocal Boards are established a vote of the policy holders should be taken on the subject." During the discussion it was stated that the meeting had been called out of no spirit of antagonism to the Central Board, but merely to elicit the views of members on the matter, regarding which there appeared to be a great diversity of opinion.