EL—37

Session II 1912. NEW ZEALAND.

BANK OF NEW ZEALAND: CORRESPONDENCE RELATIVE TO RESIGNATION OF CHAIRMAN AND APPOINTMENT OF A DIRECTOR.

Return to an Order of the House of Representatives dated the 2nd July, 1912. Ordered, " That there be laid before this House copies of all correspondence relating to the resignation of Mr. Beauchamp of the chairmanship of the Bank of New Zealand, and the appointment of Mr. D. L. Nathan to a directorship of that institution." —(Mr. Buchanan.)

Sir, — The Treasury, Wellington, New Zealand, 26th March, 1912. I have the honour to acknowledge the receipt of your letter of the 6th February, tendering your resignation as a director of the Bank of New Zealand in consequence of protracted ill health. In reply I have to state that the Government have accepted the same with much regret, and I take this opportunity of conveying to you the thanks of my colleagues and myself for your valued services and for the time and attention you have given to the bank while Chairman of the directors, and for the untiring energy you have displayed in the affairs and interests of the bank as member of the board for the last thirteen years. I have, &c, J. G. Ward, Minister of Finance. Harold Beauchamp, Esq., the Bank of New Zealand, Wellington.

Dear Sib, — Wellington, New Zealand, 7th March, 1912. I have the honour to acknowledge receipt of your letter of the 6th instant, informing me that His Excellency the Governor has, by an Order in Council dated the sth March, appointed me a member of the board of directors of the Bank of New Zealand. I much appreciate the honour, and can assure you of my very best efforts and abilities in the service of the bank. Thanking you|once more for the appointment, I have, &c, D. J. Nathan. Sir J. G. Ward, Bart., Minister of Finance, The Treasury, Wellington, New Zealand.

Sir,— Bank of New Zealand, Wellington, 7th March, 1912. I have the honour to acknowledge the receipt of your letter (No. T. 12/389) of yesterday's date, intimating that His Excellency the Governor in Council has been pleased to appoint William Milne, Esq., and David Joseph Nathan, Esq., as members of the board of directors of the bank for the term of two years commencing on the 31st instant. I have, &c, M. Kennedy, Acting Chairman of Directors. The Right Hon. Sir Joseph G. Ward, Bart., Minister of Finance, Wellington.