had directed this Bill to be submitted to the Council for "adoption and that His Excellency with that knowledge before the Chief Justice" withdrew the Bill.
This appears from the report in "the" "Daily Press" of November 17th.
8
On the original introduction of the Bill the Colonial Secretary said to the Council "the measure is quite open to Council to deal with". The Governor himself voted against it. The circumstances have remained unchanged.
9.
I objected to the measure on moral, commercial, and legal grounds.
314
It was said that this Bill is a copy of the English Companies Act of 1867. Of the merits of that Act, it is enough to quote the first paragraph in the edition of that Act 1867 by Mr. Thring, the able Government Draftsman who prepared the Act. He says at page 1, "This Act is the legislative result of the late financial panic" (see also pages 68, 77).
10.
I believe that the whole system of partnerships with limited liability has been most prejudicial in England, and such was the opinion of the learned Judges who had most occasion to understand the subject. But even if the original...
10 7 | 76-11 & S 1845