The Estates Company.

Manawatu Herald, 22 June 1895, Page 3

The Estates Company.

The New Zealand Gazette has notice of a private Bill the particulars of whioh are as follows :—

Notice is hereby given that the Bank of New Zealand Estates Company (Limited) intends to present a petition to the General Assembly of New Zealand at its next session, praying for leave to introduce a Bill to be intituled an Act to authorise the Bank of New Zealand Estates Company (Limited) to dispose of its property in the special manner thereby provided. The objects of the said Bill are as follows : — To authorise the directors, local directors, and general attorneys in New Zealand of the Bank of New Zealand Estates Company (Limited), notwithstanding any Act or law or its memorandum or articles of association, from time to time, with the consnt in writing of the president and two directors of the Bank of New Zealand, to divide the whole or any part of its real and personal property into lots or shares of such values and proportions as they think fit for the purpose of realising the same and to adopt such mode or device by chance or otherwise as they think fit, and to issue and sell tickets, entitling the : holder to a chance of acquiring any of such lots or shares, and to distribute, convey, transfer and assign such property inlpursuance of such mode or device ; aud also to authorise the directors of the said Company to do, execute and peiform all such acts, deeds, matters, and things as they think necessary or conducive for the purpose of giving effect to the powers and authorities pioposed to be conferred by the said Bill, and to provide that the consent in writing of the President and two directors of the Bank of New Zealand shall be conclusive evidence and authority that the directors of the said Company are empowered to

exercise the powers and authorities conferred by this Ast, and have complied with the expressed ahd itd--plied conditions thereof.