4042 NEW ZEALAND GAZETTE No. 172

whereasover, both present and future, including its uncalled and unpaid capital.

Dated this 28th day of September 1988.

Signed for and on behalf of the Westland Bank by its General Manager, K. J. Beams in the presence of:

K. B. MANERA, Bank Officer.
Hokitika.

∞11260

New Zealand Wool Testing Authority Ltd.

Notice is hereby given that a special general meeting of the members of New Zealand Wool Testing Authority Ltd. will be held at Level 13, Wool House, Brandon Street, Wellington, on Wednesday, the 2nd day of November 1988 at 11 a.m., for the purpose of considering and, if thought fit, passing as a special resolution, the following:

"That the provisions of the memorandum of association with respect to the objects rights, powers and privileges of the company be amended by inserting the following clause 3, namely:

3. The company shall have the rights powers and privileges of a natural person in accordance with the provisions of section 15A of the Companies Act 1955, with the following specific provisions:

(i) To carry on all or any of its business as trustee in trust for the New Zealand Wool Industry Charitable Trust a charitable trust created by deed of trust the 1st day of October 1988 and for the furtherance of the charitable objects and purposes specified in such deed of trust.

(ii) The income and property of the company shall be applied solely towards the promotion of the objects of the company as set forth in paragraph (i) of clause 3 of this memorandum of association and no portion thereof shall be paid or transferred directly or indirectly by way of dividend bonus or otherwise howsoever by way of profit to the members of the company other than the New Zealand Wool Industry Charitable Trust provided that nothing herein shall prevent the payment in good faith of remuneration to any member or servant of the company or to any member of the company in return for any services actually rendered to the company nor to prevent the payment of interest at a rate not exceeding the rate current for the time being on money lent or reasonable or proper rent for premises leased from any member of the company nor to prevent the carrying out of any contract or agreement entered into by the company in which any member may be interested provided such interest is declared in accordance with the provisions of the Companies Act 1955 and of the articles of association of the company. All profits arising from the operations of the company after making provision for all just and lawful debts or liabilities for depreciation on the company’s assets and for such reserves as the directors deem necessary or prudent for the needs and development of the company’s operations shall and they are hereby declared to belong solely to the New Zealand Wool Industry Charitable Trust and shall be held in trust for the said New Zealand Wool Industry Charitable Trust and shall be devoted solely and exclusively to benefiting and carrying out the charitable objects and purposes mentioned in the said deed of trust and the directors shall pay the same from time to time to the trustees for the item being of the said New Zealand Wool Industry Charitable Trust for expenditure within New Zealand solely for the objects and purposes accordingly.

(iii) There upon the winding up or dissolution of the company if there remains after the satisfaction of all its debts and liabilities any property whatsoever available for payment to or distribution among the members of the company (including re-payment of paid up or credited as paid up capital) the same shall not be paid or distributed among such members but shall be given and transferred to the trustees for the time being of the New Zealand Wool Industry Charitable Trust to be held by them upon the same trusts as the Trust Fund subject to the deed of trust dated the 1st day of October 1988 mentioned in paragraph (i) of clause 3 of this memorandum of association and if the New Zealand Wool Industry Charitable Trust shall not then be in existence or if the trustees shall refuse to accept such property then the same shall be applied to such educational religious or charitable objects in New Zealand as the members of the company may by resolution in general meeting determine at or before the winding up or in default thereof as may be determined by any Judge of the High Court of New Zealand on application by any member of the company or who may have or acquire jurisdiction in the matter.

and the subsequent clauses be re-numbered accordingly."

D. EVANS, Secretary to New Zealand Wool Testing Authority Ltd.

∞11225

Simu Mutual Insurance Association

Notice of General Meeting

Pursuant to Section 18 (5) of the Companies Act 1955

Notice is hereby given that at the annual general meeting of Simu Mutual Insurance Association to be held at Latimer Lodge, corner Worcester and Latimer Square, Christchurch on Thursday, 20 October 1988 at 8 p.m., it is intended to propose as a special resolution, a resolution for the alteration of the provisions of the memorandum of association with respect to the objects and powers of the company.

Dated this 3rd day of October 1988.

Simu Mutual Insurance Association by its solicitors, Messrs Duncan Cotterill & Co., Ninth Floor, Clarendon Tower, Worcester Street, Christchurch.

∞11176

Notice of Cancellation of Registry

I, Susan Kay Scott, Assistant Registrar of Industrial and Provident Societies, hereby give notice that the Registry of South Otago Cooperative Breeding Society Ltd., has been cancelled pursuant to section 6 (a) (i) of the Industrial and Provident Societies Act 1908.

Dated at Dunedin this 4th day of October 1988.

S. K. SCOTT,
Assistant Registrar of Industrial and Provident Societies.

∞11177

Notice of Appointment of Receivers & Managers

In the matter of Dingwall and Paulger Ltd., Keystore Wholesale Groceries (NZ) Ltd., Wauchop Investments Ltd., and Quality Piazzas (1986) Ltd., (“the companies”):

The New Zealand Guardian Trust Company Ltd. (“the trustee”) an incorporated company having its registered office at Auckland hereby gives notice that on the 4th day of October 1988, it appointed Peter George Steel and Timothy Michael Herrick, both of Christchurch, chartered accountants, jointly and severally, as receivers and managers of all the property charged by the companies by or pursuant to a certain debenture trust deed dated 5 June 1984.

The property in respect of which the receivers and managers have been appointed comprises all the undertaking and assets of the companies whatsoever both present and future, situated within New Zealand including their uncalled capital and called