HC Deb 04 May 1863 vol 170 c1140

Order for Second Reading read.

LORD CLARENCE PAGET moved the second reading of this Bill, the object of which was to make it compulsory on the trustees to invest the funds.

Motion made, and Question proposed, "That the Bill be now read a second time."

MR. LYGON

said, he doubted the propriety of disturbing the arrangement made in 1861, which was of the nature of a compromise, and intended to protect the interests of the minority. In order to enable the noble Lord to give some explanations, he should move that the Bill be read a second time that day six months.

Amendment proposed, to leave out the word "now," and at the end of the Question to add the words "upon this day six months."

Question proposed, "That the word 'now' stand part of the Question."

MR. COLLIER

hoped the hon. Gentleman would allow the Bill to be read a second time. The machinery of the former Act would be at a standstill until this Bill was passed.

Amendment, by leave, withdrawn.

Main Question put, and agreed to.

Bill read 2°, and committed for Thursday.