HARBOR BOARD.
After our reporter'had left the meeting yesterday the following business was transacted: - The Board resolved itself into committee to tf-ke into consideration the correspondence with the General Government which had been alluded to by Mr M‘Demid. The proceedings were conducted in private. On resuming, it was resolved that Mr M‘Demid should be appointed a member of the Finance Committee, and that Mi* Reeves should be a member of the Finance Committee.
Mr M'Neil (the chairman of the Finance Committee) reported that, after having consulted the manager of the Colonial Bank as to placing debentures in the Horae market, it was resolved that the manager should be written to, requiring him to state definitely the terms on which the bank would negotiate the LIOO.OOO worth of debentures in the Home market, and place the funds where directed by the Board. It was also resolved that the manager should be directed, when writing to his London agent, to ask the latter to include Mr Auld, of Edinburgh—the Provincial Government agent—among his selling brokers, as well as any other broker he might deem fit.
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https://paperspast.natlib.govt.nz/newspapers/ESD18750210.2.12
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Evening Star, Issue 3734, 10 February 1875, Page 2
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183HARBOR BOARD. Evening Star, Issue 3734, 10 February 1875, Page 2
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