WAITOA ROAD BOARD.

Te Aroha News, Volume VI, Issue 329, 29 December 1888, Page 2

WAITOA ROAD BOARD.

The Phoenix Hotel, MorrinsviJJe, where the Waitoa Road Board formerly held its meetings having 1 been completely desM troyed by fire on the morning of the I2th December, 1888, the Board at its monthly meeting on Friday,2lstinst;.,met beside i the debris of the Phoenix Hotel, and .then adjourned to the Nottingham Castle. Present : Messrs W. P. Chepmell (chairman), J. Horrell, E. W. Hanmer, and J, Turnbull. Among the correspondence was a copy of a memo sent to the Commissioner of Crown Lands re the Board's application for agravel pit in town of To Aroha, ,and a memo received in reply, -reporting that Section* I, 2, 3, 4, 13, 14, 15, and^l6, of Block XV, town of Te Aroha, hay.c been Bet apart as, a Gravel Reserve, andjthat the Waitoa Road Board has the same right as any other public body to take gravel therefrom. The Engineer reported on trie works required on the Ngutumanga road, and he was instructed to get the works^ done. The cost not to exceed £9. 'f The 1 Engineer reported that O. McCabe has finished his contract on the, main road at Annandale ; that J. Orr has finished his contract on the main road near Morrinsville ; that D. Bell has nearly finished the improvements on the road from Morrinsville towards Maungatapu, and from that road to the railway crossing, on road leading to Maungakawa ; that J. Shaw is going on with the bridges^ etc. on the the Scotchman's Valley road ; that C. Murphy is progressing with/ his contract on the Stanley road ; and th^t A. Bremner is goingon with formation of roads in the,, Te Au 0, Waikato block, ,%nd on roads" through Bells Waikuku blocks. The Board received complaints re the damage being done to the.rpad between the properties of Messrs J.vHunt and D. Anderson at Richmond;, and on . the road near the Waihou township; The Clerk was instructed to write to the parties to whom the pigs were, said to belong, and request them^to prevent pigs from rooting on the road, t ■ - The following accounts were passed for , payment : 0. McCabe, L5O 3s 4d ; IX Bell, Ll2; C.Ahier, L 32 4d; J ! . Higdon,L9;' Potts, 38; Waihou Public HalLCorumittee, 10s {J, Orr, L7B 8s 6d ; E. A.^Pavitt', L 5 7s 6d ; F. Pavitt, L£l3, 7s 6d x ; A Bremner, HO ; T. Stanley, L 9 •, , J.^Shaw, Ll'4 9s; C. ' Murphy, L8 ; Tfi Abo^a • ajjd Ohinemdri News, LI Is. — Own Correspondent,

We beg to .acknowledge, receipt from thejiead office of the: New Zealand' Goa circular containing extracts from a leading article which lately appeared in the "Post Magazine and Insurance " Monitor," a weekly London publication^dating as far ;backaslB4o, .and an authority on insurance matters. The article quoted refers in very high terms tot the, present position, and future prospects of thY Government Insurance Department. Concerning the Coraidbsioners' R\jpWt £ nt 1887, it remarks "The "new policies hi 1886 were for , £7 17,464,, and in;t§B7 for £766,952, and .these figures are surprising in their magnitude if it be remembered that the whole population from' wHich' business can be 'drawn ( is- barely that of Liverpool or Manchester. ' The total premium income was £198,828 in 1887, and at the close of the, yean the funds stood 'at £1,328,493." The article expresses surprise at tho large rate of interest the funds produced, viz., nearly^ percent.-and adds " for many ■years to come'thea^'or Higher rates will rule," and "the fortunatepolicy holders of the New Zealand Government' may look for increasing reversionary bonuses."' E^tracjts from various financial v and other jotlrilalV, reterringjin iVery f higl> terms to faie position|of this insurance office are als!a~at(!ached. An agencj' of tl)e;Gp i Yer.nm.ont < LifeJn;» s.urq,}|ce Dep^rtni^nt \y;ill happened at, the Post 'Office, ' Momnsyi||ej jj,f^er January first. ' - \^'" ' ■ > ' i " The Te Aroha S. and Q. M. Co. invite ' tenders for the orection oE a hoppertut the New Find mine. Tencje.rd clqsq a ! f4 p.ni. on 1 Wednesday next.