✨ Legislation Text
162
AND IT WAS FURTHER ENACTED that David Monro, Samuel
Stephens, William Oldfield Cautley, Francis Dillon Bell, Francis
Jollie, Alfred Fell, and John Waring Saxton, should be and the
same were thereby appointed the first Trustees for the administra-
tion of the said Fund and that they should remain in office subject to
the provisions thereinafter contained as to the filling up of vacan-
cies until the 1st day of January, 1855.
And it was further enacted that it should be lawful for
the Legislature of New Zealand by laws to be made from time to
time to provide for the filling up of vacancies which might have oc-
curred by the death or resignation of either of the Trustees named
in the said Act by election to be made by the owners or owners and
occupiers of land in the said Settlement of Nelson with such
qualification or restriction as might in such laws be specified and to
provide in like manner for the annual election of two or more Au-
ditors to audit the accounts of the said Trustees and for the due
publication from time to time of such accounts and for the discharge
of the Trustees from any personal liability in respect of the said
Funds and in case the said Fund should not have been wholly
disposed of before the 1st day of January 1855 to provide in
like manner for the election of seven new Trustees to continue
in office for three years subject to the like power as thereinbefore
contained as to the filling up of vacancies and so on from time to
time until the said Fund shall be wholly expended for the purpose
above mentioned.
And Whereas by a Proclamation under the hand of His Excel-
lency Sir George Grey K.C.B. Governor-in-Chief of the Islands of
New Zealand and bearing date the 17th day of January 1852 made
in pursuance of the power in the said last recited Act contained the
said Governor-in-Chief did thereby proclaim and declare that the
first meeting of the Trustees named in the said recited Act should
be held at Nelson on the 2nd day of February 1852.
And Whereas the said David Monro, Samuel Stephens, William
Oldfield Cautley, Francis Dillon Bell, Francis Jollie, Alfred Fell,
and John Waring Saxton as such Trustees as aforesaid have in pur-
suance of the said Proclamation proceeded to hold meetings for the
despatch of business connected with the aforesaid Trust aud have
entered into arrangements with the Commissioners of Her Majesty's
Treasury whereby a certain sum being part of the aforesaid sum of
£25,000 which had been invested as aforesaid was placed at the
disposal of the said Trustees and have made certain appropriations
of the said Fund and have appointed a Secretary, and have other-
wise proceeded to transact the duties of their office.
And Whereas the said David Monro, Samuel Stephens, William
Oldfield Cautley, Francis Dillon Bell, Francis Jollie, Alfred Fell,
and John Waring Saxton, as such Trustees as aforesaid will go out
of office on the 1st day of January 1855 and it is expedient to
make provision for the election of seven new Trustees and of Au-
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NZ Gazette 1854, No 31
✨ LLM interpretation of page content
🏛️
AN ACT to make further provision for the administration of the Nelson Trust Funds.
(continued from previous page)
🏛️ Governance & Central Administration14 September 1854
Legislation, Nelson Trust Funds, Trustees, Fund administration, Proclamation, 1852
7 names identified
- David Monro, Appointed first Trustee for fund
- Samuel Stephens, Appointed first Trustee for fund
- William Oldfield Cautley, Appointed first Trustee for fund
- Francis Dillon Bell, Appointed first Trustee for fund
- Francis Jollie, Appointed first Trustee for fund
- Alfred Fell, Appointed first Trustee for fund
- John Waring Saxton, Appointed first Trustee for fund
- Sir George Grey, K.C.B., Governor-in-Chief