S.I. MOTOR UNION

Hokitika Guardian, 29 September 1932, Page 5

S.I. MOTOR UNION

ANNUAL MEETING. (Per Press Association — Copyright.) CHRISTCHURCH, September 28. The annual meeting of the South Island Motor Union was held to-day, Mr F. W. Johnston (president) being in the chair. There was a large attendance. . ! Replying to a question, Mr Wynyard the motorists’ representative on the Main Highways Board, said that the Board were absolutely opposed ’to any cutting down of the amount of £650,000 that was considered to be necessary for the maintenance of the roads.

The election of officers resulted:— President) Mr F: W. Johnston-;-Vice-presidents) Messrs F: ■W. Freeman) D. J. Wesney, (Southland), F. J, Williams (Otago).; executive, Messrs W. G. Carey, H. C, Harley. B. Fnlok, W. L, Minsort, J. 8* Hawkes, G. Henderson, R. H, Parker Representatives of the. West asked for the erection of e bridge over the Waimakaviri River on the Wvsv Coast road, Most of the work, they said, could be done with unemployed labour.

Mr Wynyard, motorist representative on the Highways Board, said that it should be remembered that the Board was short of funds. So serious was 'the result that the roads of the Dominion were deteriorating to the extent of £200,000 yearly. The bridge in question no doubt, was desirable, but there weie hundreds of other bridges all -over the Dominion requiring attention when funds werei available. The Waimakariri bridge, wi'th others, would be considered.

Mr Talbot, the Counties ''representative, said no money in the’ Highways Fund was available for construction purposes-.

SUCCESS OF INSURANCE. CHRISTCHURCH, September 28. The annual meeting of the South Island Motor Union Mutual Insurance Association was held to-day. The chairman, Mr W. R. Carey, said the year had been marked by unsatisfactory progress. After making provision, for unexpired risks, depreciation and all other liabilities, a surplus of £10,164 had been shown. The premium income was £30.106 10s, and the losses were £11,161. The total funds on June 30, 1832 were £56,124 13s, of which £14,988 15s had; been place 1 to reserve for unexpired risks. The general reserve was 33,033 the loss ratio was 37 per cent., and the expense ratio 19.8 per cent.

It was agreed that three additional directors be appointed to 'the Board, the idea being that these should not be residents of Canterbury. Mssrs W. R. Carey and C. G. Curtis weredeleeted directors. t mmm riMnmmmmmmmmtmmm