TRUST LANDS TRUST.

Wairarapa Age, Volume XXXII, Issue 10136, 14 January 1911, Page 5

TRUST LANDS TRUST.

MONTHLY MEETING. The Usual monthly meeting of the Masterton Trust Lands Trustees was held in the office of the secretary (Mr A. J. Hathaway) last evening. There were present,—Messrs T. Wagg (chairman), R. Krahageh, C. E. Daniell, H. 0. L. Robinson, O. N. C. Pragnell, T. B. Michell, D. Caselberg'and E. G. Eton. " ' A letter was received from the Hay ward Picture Company, \ for- , cheque in settlement of an account for the lease of the Town Hall. The Vacuum Cleaning ...Company offered the Trust a >sma2li V ; vacuum, cleaning plant J fcr :#76.—-It,was de-' oided that the offer be declined with thanks, oaring to the low state of the Trust's funds. - Messrs Hollings and. . Pragnell wrote, forwarding an assignment of the lease from the Fire Board to the Druids' Lodge.—iu.r.A. R. Bunny wrote,'; stating that the assignment •was a proper document to be Signed ;\by ■iW-Trust.'; • : .':'\'V\ ; . ■■'^■'.; ~-; :: Mt>A k 'R. Bunny also wrote forwarding ;>jt-; conveyance^of •partlTowri '%&&&;as'M Trust yto the Kingp for Execution b> the.Trustees. . ;A;fetter'was read Bi-os.J;whb offered to leaiso part sections, 2? and 29 lately leased by E. Eagle,-- Tho matter was left in the hands of the Chairmsr.t and Secretary to deal with. Mr Pragnell /moved, in accordance I with notice given, "That the resolution passed at the last meeting of the Trust, adopting the report recommending the «removal; of'■'.' the bu i} d J"g now on the Queen Street police station site,to a sit e ; in Chapel Street, be rescinded;" : Mr Pragnell stated that he* did *not, waiftfto be airobstrtfcftftmist, but i the: motion in question was lost on , the casting vote of the chairman, ', and a member of the Trust who was absent at last meeting was in. favour !of the motion. ■'■',':<'•'.- ?'■■'.'■:■ .'''•\'.-' ;

Mr .Bobinsoji stated^mt\lthotfgh ; be was against", the motion; he:, was: verj-; much averse to, rescinding a motion 'that.had. already been carried: lie therefore would not support Mr Pragnell's motion;;' The motion/ on being pitt to the meeting, was carried. •■■■. •

Mr Robinson moved that the offer of £56 from Mr Prentice: for the building be accepted. • !. • The motion was seconded by Mr Krahagen and carried.

■ '-The treasurer report that rents' received from 9th December, 1910, to 13th January, 1911, amounted to £l3l lis 6d, and that the credit balance at the bank was £252 19s 9d. Accounts amounting to £53 Is 3d were passed for payment. Mr C. E. Daniell moved that the £250 Credit be put in the Post- Office Savings Bank. . The mover stated that it was decided sometime ago to invest £250 each year for four years in a building society, .but it was now discovzered that the latter society did not pay any interest until the end of two years. The first amount of £250 was already in the hands of the Bulking Society.

Mr Pragnell seconded the motion. It was subsequently decided that it ho left i& the hands of the chairman 'to -decide whether to put the money in the hands of the Public Trustee or the 'Post Office Savings Bank. ■»