amount equal to the amount to be distributed, such fund not

to be available for the payment of dividend nor without
the approval of the Supreme Court for distribution to share-
holders but may be applied in paying up unissued shares
of the company as fully paid bonus shares.”

J. A. YOUNG, Solicitor for the Company.

In the Supreme Court of New Zealand
Napier Registry

IN THE MATTER of the Companies Act 1955, and IN THE MATTER
of WATTIE INDUSTRIES LIMITED a company having its
registered office at Hastings.

Monday the 28th day of April 1975

BEFORE THE HONOURABLE MR JUSTICE SOMERS

UPON reading the notice of motion for an order confirming
a reduction of capital dated the 26th day of February 1975
and the affidavits of Alistair William Bowes of Hastings
Company Secretary, filed herein and the exhibits therein
respectively referred to. It is ordered that the reduction of
capital resolved in paragraph 2 of the special resolution
dated the 12th day of February 1975 in the following terms:

“(a) That subject to the confirmation of the Supreme Court
and to any conditions imposed by the Supreme Court the
sum of $10,000,000 being part of the moneys standing to
the credit of the company in the share premium account
in the books of the company as at the 31st day of July
1974, may be distributed to the holders from time to time
of the shares in the capital of the company.

(b) That the distribution of the amount mentioned above
may be effected at such intervals and by a series of payments
of such amounts as the directors may from time to time
determine to the holders from time to time of the shares
in the capital of the company divided rateably (but subject
to the provisions of Article 98A as inserted by the above
resolution No. 1) in proportion to the amounts paid up
on the shares held by them.

(c) That prior to making each such distribution the directors
shall transfer from the revenue reserves of the company
to a fund to be designated the “Capital Replacement Fund”
an amount equal to the amount to be distributed, such fund
not to be available for the payment of dividend nor without
the approval of the Supreme Court for distribution to share-
holders but may be applied in paying up unissued shares of
the company as fully-paid bonus shares.”

be and the same is hereby confirmed upon the following con-
ditions:

1. Paragraph (6) of the said resolution shall not be revoked
   or varied without the approval of this Honourable Court.

2. That so long as any part of the sum of $10,000,000
   referred to in the resolution is undistributed the accounts
   of the company and the consolidated accounts of the com-
   pany and its subsidiaries shall contain a note referring:

(a) To the reduction confirmed

(b) To the terms of paragraph 2 (b) of the said resolution,
and

(c) To the balance of the sum of $10,000,000 not distributed.
And it is further ordered that it is not necessary for any
minute relating to the distribution of then share premium
account as above authorised to be produced to the Registrar
of Companies pursuant to section 78 (1) of the Companies
Act 1955.

And it is further ordered that notice of registration of this
order be published once in the New Zealand Gazette within
30 days of registration.

By the Court:

L. P. GAVIN, Registrar.

CORONA INVESTMENTS LTD.

NOTICE OF REGISTRATION OF ORDER AND MINUTE
Reduction of Capital

NOTICE is hereby given that the order of the Supreme Court
of New Zealand dated the 4th day of February 1975, confirm-
ing the reduction of capital of the abovenamed company
from $92,000 to $12,000 and the minute approved by the
Court showing, with respect of the capital of the company
as altered, the several particulars required by the above
mentioned Act, was registered by the Registrar of Companies
on the 21st day of March 1975. The said minute is in the
words and figures following:

“The capital of Corona Investments Limited is $12,000
divided into 6,000 fully paid ordinary shares of $2 each
having been reduced from $92,000 divided into 46,000 ordinary
shares of $2 each fully paid.”

Dated this 28th day of March 1975.

J. W. L. WISEMAN, Solicitor for Company.

IN THE MATTER of the Companies Act 1955, and IN THE MATTER
of HODDER & TOLLEY LIMITED a public company duly incor-
porated in New Zealand and having its registered office
at 117 Rangitikei Street, Palmerston North.

NOTICE is hereby given that on the 6th day of May 1975
HODDER & TOLLEY LIMITED a duly incorporated company
having its registered office at Palmerston North registered
with the Registrar of Companies at Wellington a sealed
copy of an Order of the Supreme Court of New Zealand
confirming a special resolution passed by Hodder & Tolley
Limited on the 15th day of January 1975 authorising dis-
tribution of the sum of two hundred and thirty thousand
seven hundred and eighty eight dollars and eighty one cents
($230,788.81) standing to the credit of the share premium
account in the books of Hodder & Tolley Limited.

Dated this 12th day of May 1975.

Hodder & Tolley Limited per:

J. M. WATTS, Secretary.

MATAMATA COUNTY COUNCIL

NOTICE is hereby given that the Matamata County Council
proposes under the provisions of the Public Works Act 1928,
to take for road the land described in the Schedule hereto,
such land to be used for deviating Totmans Road, Tirau.
Plans of the land so required to be taken are deposited in
the office of the Matamata County Council, Rose Street,
Tirau, and are there open for inspection. All persons directly
affected by the taking of the said land should, if they have
any objection to the taking of the said land, not being an
objection to the amount or payment of compensation, make
a written objection and send it within 40 days after the first
publication of this notice, to the Town and Country Planning
Appeal Board at Wellington. If any objection is made in
accordance with this notice a public hearing of the objec-
tion will be held, unless the objector otherwise requires, and
each objector will be advised of the time and place of the
hearing.

SCHEDULE

Area

A. R. P. Description of land
0 0 24.8 Pt. Lot 2, D.P. 15231, Blk. IX, Tapapa S.D., shown
on S.O. Plan 47041; coloured sepia.

0 0 18.4 } Pt. Mangawhara 1B2A Blk.
0 0 24.5 }
0 0 21.1 } Pt. Mangawhara 1B2A Blk.
0 0 2.1 }
0 1 24.4 Pt. Mangawhara No. 2 Blk.

Situated Blk. IX, Tapapa S.D., and County of Matamata, and
shown on S.O. Plan 47042; coloured blue, yellow, and sepia
respectively.

Area

A. R. P. Description of land
0 1 7.7 Pt. Lot 2, D.P. 34890.
0 0 6.4 Pt. closed road.
0 0 29.6 Pt. Lot 4, D.P. 9788.

Situated Blk. XIII, Tapapa S.D., and County of Matamata,
and shown on S.O. Plan 47043; coloured sepia, yellow, and
blue respectively.

Dated this 7th day of May 1975.

W. J. McBURNEY, County Clerk.

WAITOMO COUNTY COUNCIL

NOTICE OF INTENTION TO TAKE LAND FOR ROAD

NOTICE is hereby given that the Waitomo County Council
proposes, under the provisions of the Public Works Act 1928,
to execute a certain public work, namely the construction of
a public road, and for the purpose of such public work, the
land described in the Schedule hereto is required to be taken.
Notice is hereby given that a plan of the land so required
to be taken is deposited in the public office of the County
Clerk of the Council situated in Te Kuiti, and is there open
for inspection by all persons, without fee, during ordinary