A BIG DONATION.

Manawatu Herald, Volume XXXVII, Issue 1481, 4 December 1915, Page 3

A BIG DONATION.

,£IO,OOO TO THE WAR FUNDS. BANK OF NEW ZEALAND’S DECISION. “ In addition to the subscriptions it has already given to the various patriotic funds, the Bank of New Zealand,” said the Chairman at the meeting on Thursday “has carefully debated the question of making a farther substantial contribution to the National War Fund for the relief of wounded soldiers and their dependents. We have come to the conclusion tba‘ the bank should make some such contribution, but before actually deciding to do so, we have thought it fitting to re!er to the matter at this meeting in order to ascertain whether our proposal is in harmony with your views. The amount we would propose is £IO,OOO, and, uul ■ idverse resolution is proposed at tills meeting and commands substantial support from the proprietors, it is * our intention to vote that amount as a donation to the National Fund, provided we are satisfied as to the manner in which the fund is to be administered. Assuming that no general dissent is expressed, I think it should he clearly understood that, it the necessity exist, the bank will not hesitate to make a further contribution to the national fund between this aud the date of our next meeting—the amount of such further coutribuliou to be left iu the discretion of the board.” Dr. Prendergast Knight, as chairmau of the Shareholders’ Committee, expressed his entire approval of the proposal of the directors to contribute £IO,OOO to the Wounded Soldiers Fund. He moved accordingly, Mr T. S. Weston seconded the motion, which was carried unanimously. The bank has already given £IOOO to the National War Fund and £2OOO distributed among the Hospital Ship and Patriotic Funds.