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':■■'. The Bank of New Zealand half- / yearly meeting report showed a nett proQt of £48,058; balance from last year, £13,016 Dividend declared, ten per cent; ton us, £50 ; balance carried forward, £16,975} report adopted. The /: chairman referred, in terms of condem- : - nation, to the system introduced of Ur paying large iqterest on deposit, and - Baidit was calculated to divert money ; from legitimate channels, and injurious \ to the colony, and the pinch would come which he desired the merchants to bear in mind was not brought about by that Bank, • We clip the following from the Hokitika Start — During the last few months, a large number of boys have run away from their friends in this town, and in parties of twos and threes have undertaken the weary tramp over the mountains to Cbristchuroh. We : could mention at least twenty cases in the last few months in which boys who v had good homes and were kindly treated -;, have absconded in the way we have : Btated. The early days of settlement in New Zealand are by many looked upon as the good old times when the settlers could rapidly become rich. There was then far more difficulty in the way of any one suing for a just debt thau there is now. In those days it required a very large original outlay to be in a position to sue for even the ' smallest sum. The following particulars of a lawyer* bill showing the expanses to be incurred for suing for a Bum of say s*, are taken from the issue of the Cross for June 17, 1843: — Letters to defendant giving notice ofaction, 53; instruction to sue, 6s; warrant to sue, 2b; entering plaint, sa; summons to appear, 10a; bill of costs to endorse, 2o; attending sheriff's office with summons, 3s; copy and service of warraur, 2a; affidavit and paid service oath, ss; filing ditto, sb; appearanoe before the judge, 20b; entering cause, Is; instructions for brief, 10a; drawing brief, 10a; copying brief, s*; attendance at Court, 10s; bill of costs, Is; copy and service, 4s ; appointment for taxation, 2s; attending taxation, 4ij or total of £5 12s was required 10 be : ■-" paid to sue for ss. If further Bteps were to be taken the sheriff required 15s for the execution of the writ, and the bailiff in charge received 7s per day. f uch were some of the items of which , lawyers' bills of costs were made up in those days. Upon the whole, it was found more profitable to have a small , loss than to go to law to recover it. — , Tribune.

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https://paperspast.natlib.govt.nz/newspapers/NEM18750503.2.14

Bibliographic details

Nelson Evening Mail, Volume X, Issue 105, 3 May 1875, Page 4

Word Count
433

Untitled Nelson Evening Mail, Volume X, Issue 105, 3 May 1875, Page 4

Untitled Nelson Evening Mail, Volume X, Issue 105, 3 May 1875, Page 4

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