Charitable Trusts, Friendly Societies, Financial Statements




1 OCTOBER

THE CHARITABLE TRUSTS ACT 1957

IN THE MATTER of Part III of the Charitable Trusts Act and IN THE MATTER of the trusts contained in a certain deed of trust dated the 29th day of March 1941, constituting the LORD RUTHERFORD MEMORIAL RESEARCH FELLOWSHIP and affecting the University of Canterbury:

NOTICE is hereby given, pursuant to section 36 of the Charitable Trusts Act 1957, that the Trustees under the above-mentioned deed of trust have applied to the Supreme Court at Christchurch for approval to a scheme for the amendment of the regulations contained in the said deed of trust relating to the administration of the Lord Rutherford Memorial Research Fellowship. The scheme provides that the annual value of the fellowship shall be one thousand five hundred dollars ($1,500), and that the fellowship shall normally be awarded in every fourth year. The scheme also provides for amendments to the regulations contained in the said deed relating to the election of a Fellow and the tenure of the fellowship.

A copy of the said scheme has been deposited in and may be inspected at the Supreme Court Office at Christchurch. It is proposed that the application for approval will be heard at the Supreme Court at Christchurch at Wednesday, the 25th day of November 1970, at 10 o'clock in the forenoon. Any person desiring to oppose the said scheme is required to give written notice of his intention to do so to the Registrar of the Supreme Court, and to the trustees, and to the Attorney-General not less than 7 clear days before the date proposed for the hearing of the application.

DOUGALL AND CO., Solicitors for the Trustees, and for the University of Canterbury. The trustees address for service is at the offices of Dougall and Co., Solicitors, 176 Hereford Street, Christchurch.

9634

THE CHARITABLE TRUSTS ACT 1957

IN THE MATTER of Part III of the Charitable Trusts Act and IN THE MATTER of the trusts contained in a certain deed of trust dated the 8th day of May 1945, constituting the SIMS EMPIRE SCHOLARSHIP and affecting the University of Canterbury:

NOTICE is hereby given pursuant to section 36 of the Charitable Trusts Act 1957, that the Trustees under the above-mentioned deed of trust have applied to the Supreme Court at Christchurch for approval to a scheme for the amendment of the regulations contained in the said deed of trust relating to the administration of the Sims Empire Scholarship. The scheme provides that the annual value of the Scholarship shall be one thousand five hundred dollars ($1,500), and that the scholarship shall normally be awarded in every fourth year. The scheme also provides for amendments to the regulations contained in the said deed relating to the election of a scholar and the tenure of the scholarship.

A copy of the said scheme has been deposited in and may be inspected at the Supreme Court Office at Christchurch. It is proposed that the application for approval will be heard at the Supreme Court at Christchurch at Wednesday, the 25th day of November 1970, at 10 o'clock in the forenoon. Any person desiring to oppose the said scheme is required to give written notice of his intention to do so to the Registrar of the Supreme Court, and to the trustees, and to the Attorney-General not less than 7 clear days before the date proposed for the hearing of the application.

DOUGALL AND CO., Solicitors for the Trustees, and for the University of Canterbury. The trustees address for service is at the offices of Dougall and Co., Solicitors, 176 Hereford Street, Christchurch.

9635

FRIENDLY SOCIETIES ACT 1909

ADVERTISMENT OF CANCELLING

NOTICE is hereby given that the Registrar of Friendly Societies has pursuant to section 70 of the Friendly Societies Act 1909, by writing under his hand dated this 21st day of September 1970, cancelled the registry of Court Zealandia No. 4741, Register No. 356/2 (3) a branch of the Auckland District of the Ancient Order of Foresters of New Zealand Friendly Society held at Auckland, on the ground that the said court has ceased to exist.

O. D. GOOD, Registrar of Friendly Societies.

9633

THE COMMERCIAL BANK SAVINGS BANK (N.Z.) LTD.

BALANCE SHEET AS AT 30 JUNE 1970

Deposits Guaranteed by the Commercial Bank of Australia Ltd.

1969 NZ$
Authorised capital—
500,000 ordinary shares 250,000 ordinary shares
of $2 each of $2 each
Issued and fully paid capital—
500,000 ordinary shares
of $2 each
Revenue reserves—
General reserve 150,000
Profit and loss account 43,338
Depositors' balances—
Ordinary accounts 12,780,770
Thrift accounts 180,845
Home lay-by accounts 289,256
Investment accounts 10,127,730
Other liabilities including accrued interest and home lay-by subsidies 325,556
Provision for taxation 101,871
Deposits—
With The Commercial Bank of Australia Ltd. 1,304,018
With The Official short-term money market 50,000
Investments—
New Zealand Government Stock, at cost—
3¼ percent special 8,710,000
Other 10,905,516
Local authority securities, at cost 615,424
Nominal value
$20,308,681 (See note).
Market value $20,078,603 (See note).
Mortgages and other loans, less provisions for bad and doubtful debts 2,706,915
Interest accrued 207,493

NOTE—The New Zealand Government and Local Authority Securities are all redeemable at par at fixed dates. Whilst in the ordinary course of business, some realisation of the bank's investment in these securities may prove advantageous, at prices less than book values shown, it is the opinion of the directors that existing reserves would be more than adequate to cover any contingency that may arise.

On behalf of the Board: T. L. WEBB, Director.

THE COMMERCIAL BANK SAVINGS BANK (N.Z.) LTD.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 JUNE 1970

1969 NZ$ 1970 N.Z.$
Interest to depositors 673,406 782,274
Management and operating expenses 196,000 236,000
Provision for bad and doubtful debts - 2,000


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✨ LLM interpretation of page content

🏛️ Amendment to Lord Rutherford Memorial Research Fellowship Regulations

🏛️ Governance & Central Administration
Charitable Trusts Act, Research Fellowship, University of Canterbury, Supreme Court, Christchurch
  • Dougall and Co., Solicitors for the Trustees, and for the University of Canterbury

🏛️ Amendment to Sims Empire Scholarship Regulations

🏛️ Governance & Central Administration
Charitable Trusts Act, Scholarship, University of Canterbury, Supreme Court, Christchurch
  • Dougall and Co., Solicitors for the Trustees, and for the University of Canterbury

👷 Cancellation of Friendly Society Registry

👷 Labour & Employment
21 September 1970
Friendly Societies Act, Registry Cancellation, Court Zealandia, Ancient Order of Foresters, Auckland
  • O. D. Good, Registrar of Friendly Societies

💰 The Commercial Bank Savings Bank (N.Z.) Ltd. Balance Sheet and Profit and Loss Account

💰 Finance & Revenue
30 June 1970
Balance Sheet, Profit and Loss Account, Savings Bank, Financial Statement
  • T. L. Webb (Director), Signed for the Board