§ Ordered, That a Select Committee of Five Members be appointed to inquire and report as to the powers conferred on Local Authorities by Local Acts, Provisional Orders, Stock Regulations, or otherwise, of utilising for purposes for which such authorities have borrowing powers, sinking funds (including loans funds and redemption funds) set aside by them for the repayment or redemption of loans raised by the issue of stock or by any other method; as to the expediency or otherwise of such powers being conferred; and as to any conditions which it is desirable to attach to the granting or use of such powers.
§ Committee accordingly nominated of—Mr. Ashton, Mr. Fenwick, Mr. Harmood-Banner, Mr. Masterman, and Mr. Charles Nicholson.
§ Ordered, That the Committee have power to send for persons, papers, and records.
§ Ordered, That Three be the quorum.—(Mr. Joseph Pease.)
§ Whereupon Mr. DEPUTY-SPEAKER, pursuant to the Order of the House of 31st July, adjourned the House without Question put.
§ Adjourned at one minute after One o'clock.