JUNE 13.] THE NEW ZEALAND GAZETTE. 937

27. In any subsequent year the members who have been
    longest in office shall retire by similar rotation.

28. A retiring member of the Committee shall be eligible
    for re-election.

29. The owners at the general meeting at which any mem-
    bers of the Committee retire in manner aforesaid shall
    fill up the vacated offices by electing a like number of
    members.

30. If at any meeting at which the election of members of
    the Committee ought to take place the places of the vacating
    members are not filled up the meeting shall stand adjourned
    till the same day in the next week, at the same time and
    place; and if at any such adjourned meeting the places of
    the vacating members of the Committee are not filled up
    the vacating members of the Committee, or such of them as
    have not had their places filled up shall continue in office
    until the ordinary meeting in the next year, and so on from
    time to time until their places are filled up.

31. Any casual vacancy occurring in the Committee may
    be filled up by the Committee at a meeting specially called
    for the purpose; but any person so chosen shall retain office
    so long only as the vacating member of the Committee
    would have retained the same if no vacancy had occurred.

32. The owners in general meeting may by special resolu-
    tion remove any member of the Committee before the
    expiration of his period of office, and may by an ordinary
    resolution appoint some other person in his stead. The
    person so appointed shall hold office during such time only
    as the member of the Committee in whose place he is so
    appointed would have held the same if he had not been
    removed.

Proceedings of Committee.

33. The members of the Committee may meet together
    for the despatch of business, adjourn, and otherwise regulate
    their meetings as they think fit. The quorum shall be
    three.

34. Questions arising at any meeting shall be decided by
    a majority of the votes. In case of an equality of votes, the
    Chairman, in addition to his original vote, shall have a
    second or casting vote.

35. All meetings of the Committee shall be called by the
    Secretary; but a member of the Committee may at any
    time require the Secretary to summon a meeting of the
    Committee.

36. The members of the Committee may elect a Chairman
    of their meetings, and determine the period for which he is
    to hold office; but if no such Chairman is elected, or if at
    any meeting the Chairman is not present at the time ap-
    pointed for holding the same, the members of the Committee
    present shall choose some one of their number to be Chair-
    man of such meeting.

37. All acts done by any meeting of the Committee, or by
    any person acting as a member of the Committee, shall,
    notwithstanding that it be afterwards discovered that there
    was some defect in the appointment of any such member of
    the Committee or person acting as aforesaid, or that they or
    any of them were disqualified, be as valid as if every person
    had been duly appointed and was qualified to be a member
    of the Committee.

38. The Committee shall meet for the transaction of
    business at least once in every three months, and as often in
    the meantime as may be necessary and as the Committee
    may determine.

Office.

39. For the purposes of the corporation the Committee
    shall have an office in the Town of Gisborne, in the Pro-
    vincial District of Auckland, to which all communications
    and notices may be addressed.

40. The Committee shall notify the Minister of Lands of
    the situation of the said office, and shall from time to time,
    when any change is made in such situation, notify the said
    Minister thereof.

41. The Committee shall paint or affix, and keep painted
    or affixed, the name of the corporation—to wit, "Mangatu
    No. 1"—on the outside of the said office, in a conspicuous
    position, in letters easily legible.

42. The name of the corporation shall be engraven in
    legible characters on its seal, and shall be mentioned in
    legible characters in all notices, advertisements, and other
    official publications of the corporation. The Committee
    shall have the custody of the seal.

43. The Committee shall keep at the said office a register
    containing the names, addresses, and occupations of the
    owners, and showing their respective interests; and such
    register shall at all times be open for inspection by owners,
    and also by the Public Trustee. The Committee shall forth-
    with report to the Public Trustee every fresh entry of owner-
    ship or interest made in the register, and shall also forward
    to him, under the hand of the Chairman, not later than the
    second Monday in October in every year, a certified list of
    owners, with their respective interests, as recorded in the
    register on that day.

Accounts.

44. The Committee and the Public Trustee shall cause
    true accounts to be kept,—

    (1.) Of the sums received and expended by the corpora-
    tion, and the matter in respect of which such
    receipts and expenditure takes place; and

    (2.) Of the credits and liabilities of the corporation.

45. The books of accounts, including copies of the Public
    Trustee's Account, shall be kept at the office of the corpora-
    tion, and, subject to any reasonable resolutions as to the
    time and manner of inspecting the same that may be im-
    posed by the owners in general meeting, shall be open to the
    inspection of the owners during the hours of business.

46. Once at least in every year the Committee and the
    Public Trustee shall lay before the owners in general meet-
    ing a statement of the income and expenditure for the past
    year, made up to a date not more than three months before
    such meeting.

47. The statement so made shall show, arranged under the
    most convenient heads, the amount of gross income, dis-
    tinguishing the several sources from which it has been
    derived, and the amount of gross expenditure, distinguishing
    the expenses of administration and management, salaries,
    and other like matters.

48. Every item of expenditure fairly chargeable against the
    year's income shall be brought into account, so that a just
    balance may be laid before the meeting, and in case where
    any item of expenditure which may in fairness be distri-
    buted over several years has been incurred in any one year
    the whole amount of such item shall be stated, with the
    addition of the reasons why only a portion of such expendi-
    ture is charged against the income of the year.

49. A balance-sheet shall be made out in every year, and
    laid before the owners in general meeting, and such balance-
    sheet shall contain a summary of the property and liabilities
    of the corporation, arranged under their proper heads.

Audit.

50. Once at least in every year the accounts of the cor-
    poration shall be examined and the correctness of the
    balance-sheet ascertained by the Controller and Auditor-
    General, who shall present a report each year to Parliament,
    stating the result of such audit.

Notices.

51. A notice may be served by the corporation upon any
    owner, either personally or by sending it through the post in
    a prepaid letter addressed to such owner at his usual or last
    known place of abode. Every such notice shall be in both
    Maori and English, and if posted shall be deemed to be
    served on the day next following that on which it would be
    delivered in due course of post.

52. Any summons, notice, or other document required to
    be served upon the corporation may be served by leaving the
    same, or sending it through the post in a prepaid and regis-
    tered letter addressed to the corporation, at its said office,
    and any document so posted shall be deemed to be served on
    the day next following that on which it would be delivered
    in due course of post.

Contracts.

53. Contracts on behalf of the corporation may be made
    as follows, that is to say:—

    (1.) Any contract which if made between private persons
    would by law be required to be in writing may be
    made on behalf of the corporation in writing and
    under its common seal.

    (2.) All deeds necessary to give effect to any contract
    shall be signed by a majority of the Committee in
    the presence of a Judge of the Native Land Court,
    or other officer appointed by the Government for
    the purpose.

    (3.) Any contract which, if made between private persons,
    would by law be valid although made by parol only,
    and not reduced into writing, may be made by
    parol on behalf of the corporation by the Chair-
    man and one other member of the Committee.

    (4.) No contract involving more than £50 (other than a
    contract to lease or sell land) shall be binding on
    the corporation or its assets unless the Public
    Trustee has consented thereto; but such consent
    shall not make him in any way liable under the
    contract so consented to.

54. All contracts made according to the provisions con-
    tained in the last foregoing regulations may in the same way
    be varied or discharged.

Advances.

55. For the purpose of providing funds wherewith to road,
    survey, and generally to open up for sale, lease, or settlement
    the lands of the corporation, it shall be lawful for the Pub-
    lic Trustee, out of any moneys standing to the credit of the
    Public Trustee's Account, or from any other source, to
    advance or raise from time to time such sums as the