Journey's End Number One Master and Company, Limited Partnership - s. 83

Order

IN THE MATTER OF

THE SECURITIES ACT,
R.S.O. 1990, CHAPTER S.5, AS AMENDED (THE "ACT")


AND


IN THE MATTER OF

JOURNEY'S END NUMBER ONE MASTER AND COMPANY, LIMITED PARTNERSHIP


ORDER

(Section 83)


WHEREAS Journey's End Number One Master and Company, Limited Partnership ("Journey's End"), a corporation formed under the laws of Quebec, has applied for an order pursuant to section 83 of the Act;


AND UPON it being represented to the Commission that:


1. Journey's End is a limited partnership governed by the laws of the Province of Quebec;


2. Journey's End is a reporting issuer under the Act and has been since November 28, 1989;


3. the limited partnership units of Journey's End (the"Units") have not been listed on any stock exchange at any time;


4. on November 17, 1997, the limited partners of Journey's End approved a program whereby limited partners of Journey's End would be given the opportunity to sell their Units at that time or some time in the future;


5. pursuant to the limited partnership agreement governing Journey's End, as amended as of January 15, 1998 in accordance with resolutions passed by the limited partners of Journey's End at the meeting on November 17, 1997, UniHost Corporation would be entitled to exercise a call on all Units at any time when the Units held by the persons other than UniHost Corporation and its subsidiaries represent 10% or less of the outstanding Units;


6. by September 8, 2000, W-Westmont Corp.(successor by amalgamation to UniHost Corporation), through its wholly-owned subsidiary Journey's End Property Holdings I, Inc. held in excess of 90% of outstanding Units;


7. W-Westmont Corp. exercised its call as of September 8, 2000 and all Units are now held by W-Westmount Corp. and its subsidiaries;


8. Journey's End is not in default of any of its obligations as a reporting issuer under the Act with the exception of its obligation to file its quarterly financial statements for the period ended September 30, 2000; the acquisition by W-Westmount Corp. and its subsidiaries of all of the other Units was completed before the obligation of the Journey's End to file the financial statements arose;


AND UPON the undersigned Manager being satisfied that to grant this order would not be prejudicial to the public interest;


IT IS ORDERED pursuant to section 83 of the Act that Journey's End is deemed to have ceased to be a reporting issuer for the purposes of the Act.


February 20, 2001.


John Hughes

Manager, Corporate Finance