On proof of loss of proprietor’s duplicate, new duplicate may be issued

(1) If a proprietor’s duplicate is lost or destroyed, the Registrar may make such inquiries as he thinks necessary in regard thereto, and if he comes to the conclusion that it is irrecoverably lost or destroyed by misadventure, or if the court so determines then, without public notice, or after such public intimation as may be considered reasonable and safe, he may issue a new proprietor’s duplicate in place of the one lost or destroyed. (2) Every new proprietor’s duplicate issued in place of one lost or destroyed shall be an exact facsimile of the registered certificate of title and the Registrar shall add thereto a note to the effect that the new proprietor’s duplicate has been issued in place of the one lost or destroyed, dating the note on the day on which he issues the new proprietor’s duplicate.