30 SEPTEMBER

GRANT CLENDON LTD.

ADVERTISEMENT OF PETITION

In the Supreme Court of New Zealand No. M. 364/65
Northern District
(Auckland Registry)

In the matter of the Companies Act 1955 and in the matter
of Grant Clendon Ltd., notice is hereby given that a petition
for the winding up of the above-named company by the
Supreme Court, was, on the 20th day of September 1965,
presented to the said Court by Zip Wholesalers (Auckland)
Ltd., a company duly incorporated under the Companies Act
1955 having its registered office at 178 Main Road, Tahunanui,
Nelson, and carrying on business as electrical wholesalers;
and that the said petition is directed to be heard before the
Court sitting at Auckland on the 29th day of October 1965
at 10 a.m.; and any creditor or contributory of the said
company desirous to support or oppose the making of an
order on the said petition may appear at the time of hearing
in person or by his counsel for that purpose; and a copy of
the petition will be furnished by the undersigned to any
creditor or contributory of the said company requiring a copy
on payment of the regulated charge for the same.

J. PHILLIPS, Solicitor for the Petitioner.

Address for Service: The petitioner’s address for service is
at the offices of Messrs Cairns, Slane, Fitzgerald, and Phillips,
Solicitors, Durham Street East, Auckland C.1.

NOTE—Any person who intends to appear at the hearing
of the said petition must serve on or send by post, to the
above named, notice in writing of his intention so to do. The
notice must state the name, address, and description of the
person, or, if a firm, the name, address, and description of
the firm, and an address for service within 3 miles of the office
of the Supreme Court at Auckland, and must be signed by
the person or firm, or his or their solicitor (if any), and must
be served, or, if posted, must be sent by post in sufficient
time to reach the above-named petitioner's address for service
not later than 4 p.m. on the 28th day of October 1965.

6256

KAIPARA FORESTS LTD.

REDUCTION OF CAPITAL

NOTICE is hereby given that Kaipara Forests Ltd., a duly
incorporated company having its registered office in the City
of Auckland and carrying on business as a timber grower, by
special resolution dated the 17th day of December 1965
reduced its capital from £325,000 to £162,500 by reducing the
one pound (£1) ordinary shares in the company to ten shillings
(10s.). The resolution by which this was affected is in the
following terms:

“That the capital of the company be reduced from three
hundred and twenty-five thousand pounds (£325,000) to one
hundred and sixty-two thousand five hundred pounds
(£162,500), by reducing the (£1) ordinary shares in the
company to ten shillings (10s.) ordinary shares and that the
amount of reduction of ten shillings (10s.) per ordinary share
of issued capital be transferred to general reserve.”

This reduction was approved by the Supreme Court at
Auckland by order dated the 20th day of September 1965
under No. M337/65, and the minute showing the amount of
the capital of the company is as follows:

“The capital of Kaipara Forests Ltd. is one hundred and
sixty-two thousand five hundred pounds (£162,500) divided
into three hundred and twenty-five thousand (325,000) fully
paid ordinary shares of ten shillings (10s.) each, having been
reduced from three hundred and twenty-five thousand pounds
(£325,000) divided into three hundred and twenty-five
thousand (325,000) ordinary shares of one pound (£1) each.”

Notice is further given that the said order of the Supreme
Court was registered in the Companies Office at Auckland on
the 21st day of September 1965, pursuant to the said order.

Dated at Auckland this 21st day of September 1965.

GRAY AND FOSTER, Solicitors to the Company.
Seventh Floor, Windsor House, Queen Street, Auckland C. 1.

6246

GREEN ISLAND BOROUGH COUNCIL

RESOLUTION TO RAISE DRAINAGE REDEMPTION LOAN £5,000

NOTICE is hereby given that the Green Island Borough Council,
at a special meeting held on the 21st day of September 1965,
passed the following resolution:

Resolution:

“That, pursuant to the powers contained in the Local
Authorities Loans Act 1956, the Green Island Borough Council
hereby resolves to raise a Redemption Loan of £5,000 for the
purpose of redeeming the Green Island Drainage and Sewerage
Loan 1954, £10,000.

6236

THE NEW ZEALAND GAZETTE

1701

“The term of the said loan shall be for 10 years and shall
be secured by an annual-recurring rate of three farthings (½d.)
in the pound on the annual rateable value of all the rateable
property in the borough. The rate of interest that may be paid
in respect of the said loan shall not exceed 5¼ per cent per
annum.

“The said Drainage Redemption Loan shall be repaid by
equal annual instalments of principal extending over the said
term of the Loan.”

Dated at Green Island this 23rd day of September 1965.

C. MAY, Town Clerk.

6261

PHARMACY BOARD OF NEW ZEALAND

NOTICE OF ELECTION

PURSUANT to the Pharmacy Board Election Regulations 1962,
notice is hereby given that an election of members of the
Pharmacy Board of New Zealand will be held in the month of
November 1965.

Nominations of candidates, on the prescribed form, close
with the Registrar of the Pharmacy Board at 4 p.m. on 3 November 1965.

Voting papers, if a poll is required, will be received by the
Registrar of the Pharmacy Board until 4 p.m. on 24 November
1965.

The place for receiving nominations of candidates and voting
papers relating to such candidates is the office of the Registrar,
Pharmacy Board of New Zealand, 59 Cambridge Terrace,
Wellington C. 3.

Dated at Wellington this 30th day of September 1965.

G. W. JACKMAN, Registrar of the Pharmacy Board.

6237

TOTALISATOR AGENCY BOARD

VARIATION TO THE SCHEME FOR THE ESTABLISHMENT AND
OPERATION OF TOTALISATOR AGENCIES IN RESPECT OF RACE
MEETINGS

ALL the existing wording in paragraph (2) of Part IV of
the Scheme for the Establishment and Operation of Totalisator
Agencies in respect of race meetings is deleted and the following
is substituted:

(2) Distribution of Profits
(a) The Board shall be entitled to retain at its discretion
part or all of any profits made in any year.
(b) All profits not so retained shall be divided into two parts
to be known as the “racing fund” and the “trotting
fund” which shall be calculated as follows:
(i) “The racing fund” shall be that proportion of
the said profits not so retained that the on-course
turnover plus the net off-course turnover of all
totalisator racing clubs for the year ended 31 July
bears to the total on-course turnover plus the net
off-course turnover of all totalisator clubs for the
year ended 31 July.
(ii) “The trotting fund” shall be that proportion
of the said profits not so retained that the on-course
turnover plus the net off-course turnover of all
totalisator trotting clubs for the year ended 31 July
bears to the total on-course turnover plus the net
off-course turnover of all totalisator clubs for the
year ended 31 July.
(c) Such profits not so retained shall be distributed as
follows:
(i) The “racing fund” shall be distributed to all
totalisator racing clubs. In determining such distribution
the Board may first set aside some proportion of
the “racing fund” and divide this equally amongst
all totalisator racing clubs.
The balance or the full amount as the case may
be shall be divided between all totalisator racing
clubs in the proportion that the on-course turnover
plus the net off-course turnover recorded on each
racing club totalisator bears to the total on-course
turnover plus the total net off-course turnover
recorded on the totalisators of all racing clubs for the
year ended 31 July.
(ii) “The trotting fund” shall be distributed to all
totalisator trotting clubs. In determining such distribution
the Board may first set aside some proportion of
the “trotting fund” and divide this equally amongst
all totalisator trotting clubs. The balance of the full
amount as the case may be shall be divided between
all totalisator trotting clubs in the proportion that
the on-course turnover plus the net off-course turnover
recorded on each trotting club totalisator bears to
the total on-course turnover plus the total net off-
course turnover recorded on the totalisators of all
trotting clubs for the year ending 31 July.

6236