The Shareholders', Directors, and Voluntary Liquidators' Legal Companion: A Manual of Every-day Law and Practice, for Promoters, Shareholders, Directors, Secretaries, Creditors and Solicitors of Companies, Under the Companies Act, 1862, 1867 and 1877Stevens, 1878 - 122 pages |
From inside the book
Page 2
... thereof and the mode of securing the Board of Trade's licence , see ' Company Precedents . " Since the decision in Ex parte Hargrove , 10 Ch . 542 , that mutual insurance associations consisting of more than twenty persons are illegal ...
... thereof and the mode of securing the Board of Trade's licence , see ' Company Precedents . " Since the decision in Ex parte Hargrove , 10 Ch . 542 , that mutual insurance associations consisting of more than twenty persons are illegal ...
Page 9
... thereof , and that the sum of £ has been paid up upon each of the said shares . Given under the common seal of the said Company this day of • The common seal of the Company was hereunto affixed in the presence of Countersigned Directors ...
... thereof , and that the sum of £ has been paid up upon each of the said shares . Given under the common seal of the said Company this day of • The common seal of the Company was hereunto affixed in the presence of Countersigned Directors ...
Page 10
... thereof as shall not have been paid up by a previous holder . Thus if A. applies for and accepts an allotment of say 10 shares of £ 10 each , he will be liable when called on to pay the company £ 10 per share . As to calls , see further ...
... thereof as shall not have been paid up by a previous holder . Thus if A. applies for and accepts an allotment of say 10 shares of £ 10 each , he will be liable when called on to pay the company £ 10 per share . As to calls , see further ...
Page 12
... thereof . This rule should be borne in mind by a transferor , and he should see that there is no delay in registering the transfer , else he may find himself liable to pay calls , & c . The transferee also is interested in seeing that ...
... thereof . This rule should be borne in mind by a transferor , and he should see that there is no delay in registering the transfer , else he may find himself liable to pay calls , & c . The transferee also is interested in seeing that ...
Page 17
... thereof , the surplus to be handed over to such member . This right of lien must be borne in mind when a person proposes to transfer a share . If the shares are sold by the company without giving proper notice ( if any is required ) ...
... thereof , the surplus to be handed over to such member . This right of lien must be borne in mind when a person proposes to transfer a share . If the shares are sold by the company without giving proper notice ( if any is required ) ...
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Common terms and phrases
accordingly adjourned adopted agreement amendment appointed articles of association auditor authorised behalf borne in mind borrow carried certificate chairman clause common seal Companies Act Company Limited Company Precedents company's contain contract Court creditor declared deemed default directors dividend document duly effect elect entitled extraordinary general meeting forfeited given held HENRY THRING hereby holder infra Inner Temple insolvent instrument issue Joint Stock Companies JOSIAH W memorandum of association minutes mode mortgage debentures necessary nominal capital number of shares objects ordinary general meeting ordinary meeting original motion otherwise paid pany payable payment petition poll preference shares present proxy purpose quorum register of members registered office Registrar of Joint requisition sanction seal secretary sect share warrants shareholder signed solicitor sometimes special resolution stamp subscribers supra Table thereof think fit tion transacted transfer ultra vires unless usually voluntary winding-up vote writing
Popular passages
Page 97 - The instrument appointing a proxy shall be in writing under the hand of the appointor, or, if such appointor is a corporation, under their common seal, and shall be attested by one or more witness or witnesses.
Page 62 - If the name of any person is without sufficient cause entered in or omitted from the register of members of any company under this act, or if default is made or unnecessary delay takes place in entering on the register the fact of any person having ceased to be a member of the company...
Page 100 - ... in case of an equality of votes the chairman shall have a second or casting vote : a director may at any time summon a meeting of the directors.
Page 47 - The chairman may, with the consent of the meeting, adjourn any meeting from time to time and from place to place, but no business shall be transacted at any adjourned meeting other than the business left unfinished at the meeting from which the adjournment took place.
Page 56 - Any summons, notice, order, or proceeding requiring authentication by the company, may be signed by any director, secretary, or other authorised officer of the company, and need not be under the common seal of the company ; and the same may be in writing or in print, or partly in writing and partly in print (»). J.fiju I Proccediiii/s.
Page 89 - Company to an amount equal to that not paid up thereon; but shall not be liable to an action therefor by any creditor, before an execution against the Company has been returned unsatisfied in whole or in part...
Page 101 - The directors may. before recommending any dividend, set aside out of the profits of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with the business of the company...
Page 100 - The Directors may delegate any of their powers to committees consisting of such member or members of their body as they think fit ; any committee so formed shall, in the exercise of the powers so delegated, conform to any regulations that may be imposed on them by the Directors.
Page 54 - Any notice, if served by post, shall be deemed to have been served at the time when the letter containing the same would be delivered in the ordinary course of the post ; and in proving such service it shall be sufficient to prove that the letter containing the notice was properly addressed and put into the post office.