Trial of the City of Glasgow Bank Directors

Cover Trial of the City of Glasgow Bank Directors
Trial of the City of Glasgow Bank Directors
Defendants City of Glasgow Bank Directors
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C. Smith to Kinross I'c Co. , dated 18th September, 1877; No. 236, a letter from W. C. Smith to John Hunter, 20th September, 1877; and No. 237, a letter from W. C. Smith to C. Smith, 28th September, 1877. These three letters were read at the meeting of Directors on 8th November, 1877. The letters related to purchase of land in New Zealand. At the meeting on 26th July, 1877, I see from the agenda book that Mr. Stewart was chairman, and Mr. Potter, Mr. Inglis, Mr. Wright, Mr. Taylor, Mr. Salmond,... and the Manager were present^ — a full Board. That was not the first meeting at which anything took place as to the purchase of property in New Zealand or Australia. That had been referred to as early as 17th August of the previous year. At the meeting on 26th July, 1877, there was a deliberation by the Directors, at which 1 was not present. There is an entry in the agenda book in the handwriting of Mr. Inglis — "' Purchase of property in New Zealand and Australia. " When I was called in I received a draft resolution which I would be instructed to engross in the book, and it is initialed by the chairman.

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