WELLINGTON.
August 20. A meeting of policy holders in the New Zealand Life Assurance Department was held last night. The following resolutions were proposed:—"That, in the opinion of this meeting, it is desirable and just that policy holders should have some voice in the conduct and management of the Government Insurance and Annuities Department, and that with this end the Government be requested to introduce a measure to provide for the constitution of a board of management, to be in part elected by the policy holders." "That in the opinion of this meeting, it is desirable that a Parliamentary Commission should be appointed to enquire into the present state and management of the Government Insurance and Annuities Department." Mr McDonogh, lately an officer in the Department, was the principal speaker. He strongly attacked those who spoke against the resolutions and the officers of the Department. The first resolution lapsed, and the second was negatived. An amendment to the first resolution to the following effect was also negatived : —" That this meeting is perfectly satisfied with the manner iv which the Government has managed the affairs of policy holders, and that the meeting is quite content to leave the management in the hands of the State." (For continuation of news see fourth page.^)
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Bibliographic details
Daily Telegraph (Napier), Issue 3165, 20 August 1881, Page 3
Word Count
211WELLINGTON. Daily Telegraph (Napier), Issue 3165, 20 August 1881, Page 3
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