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" a common seal, with power to hold lands, but with such liability on the part of the members to contribute to the assets of the company in the event of its being wound up, as is mentioned in this Act. 13.— (1) "
Statutes of Alberta - Page 55
by Alberta - 1924
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The Law and Practice of Joint Stock Companies and Other Associations, as ...

Edward William Cox - 1862 - 584 lehte
...convenient to attempt a short explanation of ita meaning. Constitution of a Company. themselves liable to contribute to the assets of the Company, in the event of its being wound up, a specified amount and no more. The practical effect, and probably the design, of this provision, is...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - 1863 - 680 lehte
...incorporated company, and having perpetual succession and a common seal, with power to hold lands (c), but with such liability on the part of the members...contribute to the assets of the company in the event of the same being wound up as is hereinafter mentioned (d ) ; a certificate of the incorporation of any...
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New Commentaries on the Laws of England: (partly Founded on Blackstone)

Henry John Stephen - 1863 - 780 lehte
...a " company limited by shares "); or liable to such amount as the members respectively undertake to contribute to the assets of the company, in the event of its being wound up, (a term to be presently explained,) when it is called a " company limited by guarantee ; or may have...
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International Commercial Law: Being the Principles of Mercantile Law of the ...

Leone Levi - 1863 - 572 lehte
...them, or to such amount as the members may respectively undertake by the memorandum of association to contribute to the assets of the company in the event of its being wound up. Where a company is formed on the principle of having the «jf a rf,in;«iuy liability of its members...
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Joint Stock Companies: Being a Practical Treatise on Their Formation ...

Richard Spearman E. Farries - 1865 - 206 lehte
...obvious reasons, daily falling into disuse, and more especially on account of the Members being liable to contribute to the assets of the Company, (in the event of its being wound up), to an unlimited extent. The second form is the most convenient, and, we may add, the most popular,...
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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - 1865 - 518 lehte
...the amount dul "" fas 3othe members may respectively undertake by the memorandum of association to contribute to the assets of the Company in the event of its being wound up. unpaid on their snares, hereinafter referred to as a Lorn- company L • i i. • » c ii rt elation...
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Studies in Roman Law: With Comparative Views of the Laws of France, England ...

Lord Thomas Mackenzie Mackenzie - 1865 - 448 lehte
...them, or to such amount as the members may respectively undertake by the memorandum of association to contribute to the assets of the company in the event of its being wound up. 4 There are also numerous railway companies, and other public enterprises, which are governed by special...
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The Law Reports, Chancery Appeal Cases: Including Bankruptcy and ..., 1. köide

Great Britain. Court of Chancery - 1866 - 694 lehte
...means of a winding-up. By sects. 6 and 18 of the Act the company is a corporation, " but with sucli liability on the part- of the members to contribute to the assets of the company in the event of the same being wound up as is hereafter mentioned." Under 7 & 8 Viet. c. 110, s. 66, if satisfaction...
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A Treatise on the Law of Partnership and Joint-stock Companies ..., 2. köide

Francis William Clark - 1866 - 606 lehte
...off (a). The term ' contributory' is defined by the Act to mean every Definition of person liable to contribute to the assets of the company in the ° event of its being wound up ; it is also used to include all persons alleged to be contributories in any proceedings for determining...
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Principles of the Law of Personal Property: Intended for the Use of Students ...

Joshua Williams - 1866 - 504 lehte
...them, or to such amount as the members may respectively undertake by the memorandum of association to contribute to the assets of the company in the event of its (0 Stat 20 & 21 Viet. c. H. (o) Stat. 25 & 20 Viet. c. 89. (;») Stat. 20 & 21 Viet. c. 49. (/») Sect....
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