MISSING TRUSTEE.
AND MISSING £IOOO. ' STATEMENT BY POSTMASTER- " GENERAL. The Hon. J. G. Coates, PostmasterGeneral, gave tlio House of Representatives on Thursday the details with regard to the payment hy the Public Trust, through the Post Office, of an <spen cheque for £3445, on behalf of the O'Connor trust, over the counter to a Westport trustee, with the result that, as Mr. H. E. Holland (Boiler), another trustee, had complained earlier in the session, both the Westport trustee and £IOOO of the trust funds were missing. The inference, said the Minister, was that the postal authorities had not taken due care in the matter. ■He explained tliat Mr Leaver, the man in question, had presented .to the postmaster, Westport, a special authority for the payment to him of £3445. The authority was signed by Mr. H. E. Holland and by His Grace Archbishop Redwood (two of the trustees) and payment had been made by a bearer cheque issued, not by the Public Trust Office, but by the Westport postmaster on the local branch of the JJank of New Zealand. An order cheque would have given no special protection to the two other trustees, said Mr. Coates, as Mr. Leaver would only have had to endorse it and it would have been' paid. On other occasions the trustees had given authorities for persons to receive moneys on behalf of the trust. Mr. H. 15. Holland said that he had not made any change whatever against any officer of the Public Trust Office or the Postal Department. His complaint was agains't the system which made it possible to pay over huge sums of trust money due from the Public Trust Department to a public institution by means of an open cheque, when the ordinary precaution of making it an order cheque or a crossed cheque would be a safeguard to some extent. He urged | that in future an order cheque or a crossed cheque should be used.
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Taranaki Daily News, 26 July 1920, Page 3
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325MISSING TRUSTEE. Taranaki Daily News, 26 July 1920, Page 3
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