A Charge Refuted.
(Per Fress asbocuuiuu.i Wellington, May 19. A deputation of tho officials of the Excelsior Lo<lj;b of Druids waited on the Hon. Hull Jcneu with reference to iho statements rccpntly put bsforo him thnt a certain Friendly Society had, contrary to law, wasted its fund?. The deputation oduiitted Hint some four or fivo years ngo the Society hnd invested monies in ft Lonn Company, bnt, on ihe ill'K'lity pointed out by the Registrar, the onciety immediately withdrew us uioney.^ ..i:d had since compihn with the Act. They attributed the action of the former depn tatton as spleen, »? one of tho members of it hnd been expelled from the Society and another had been censured. Balance sheets were produced, which proved that the monies of the Society were properly invested. In reply Mr Hull-Jones regretted that there lv.id beeu so much mis understanding, bnt ho fissured the deputation that ihoso who had previously waited upon him were iiemated by good feelin", us th'-y thought tlw money was still invested with ihe Loan Company. The Minis-tar snid ihni he whs pleased to hear that the Society has now invested in the Saving* Bmk tir.d freehold property. Mr Hnl'-JoHCS pointed ont that, possibly ere lon-;, a Koynl Commission would be set. up to enquire in!o the working of Friendly Societies, especially with ifßird io tho unequal fees, which could not enable So-.-ivtiea to nullil their
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Bibliographic details
Feilding Star, Volume XVIII, Issue 271, 21 May 1897, Page 3
Word Count
234A Charge Refuted. Feilding Star, Volume XVIII, Issue 271, 21 May 1897, Page 3
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