PARLIAMENT
FINANCIAL DEBATE GOVERNMENT IN WARTIME LABOUR AND BOLSHEVISM The Legislative Council met at 2.30 p.m. COMPANIES AMENDMENT BILL. Tho Hon.'SIR FRANCIS BELL moved tliQ committal of the Companies Amendment Bill. •. The Bill provides for tlio protection of mortgages secured on uncalled capital and prevents the provisions of the principal Act as to reserve capital, from applying to private companies. ■ The Bill provides for the protection ri mortgagee secured on uncalled capital, and prevents the provisions of the principal Act as to reserve capital from applying to private companies. The motion wns carried after a brief debate. The Bill was reported from committee with an amendment striking out a clause that proposed to make its operation retrospective. BILLS OF EXCHANGE. -■ The Bills of Exchange Amendment Bill (Hon. J. MacGregor) was introduced-, .and read a first time. The Bill provides that where a banker in good faith and without negligence; pays a cheque that has been'fraudulently • altered' he shall not incur liability by reason, of having, paid it. The Council adjourned at 3.55 p.m.
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Dominion, Volume 13, Issue 7, 3 October 1919, Page 8
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173PARLIAMENT Dominion, Volume 13, Issue 7, 3 October 1919, Page 8
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