No. 26

I have the honor to forward copy of a letter addressed to
me by Mr Crease, Acting on behalf of the Colonial Securities
Company, in which he applies for permission to be granted to
Mr R. Ker, the Auditor General of this Colony to become one
 of the Local Board of Directors of the Company.

2. The option remained to me to allow a Public Officer to
become one of the Directors or to prevent the Company from
extending its operations to this Colony.

3. The advantages to the Colony from the introduction of
Capital are so great that I have allowed Mr Ker to act as a
Director until I have referred the matter for Your consideration.
I beg to recommend that Mr Ker be permitted to continue in the
direction for the period named in my reply to Mr Crease.