Objects. Trade protection. XXVI. MUTUAL TRADE PROTECTION. 1. To protect the members of the society against fraudulent dealings, and against bankruptcies and insolvencies arising from fraud, culpable negligence or extravagances, by such means as may be deemed expedient. Such societies as this have been treated as within the meaning of Section 23 of the Act of 1867, and the Board of Trade has accordingly, on the usual conditions, granted licences for registration without the word "Limited " as part of the name. See supra, pp. 81, 101. The articles, infra, Precedents III. and IV., can be readily adapted. Such societies are usually limited by guarantee, say, 17. or 5l. per member. 2. To diffuse information as to sound principles of trading, and to impress upon the mercantile community the necessity of maintaining an intimate knowledge of the state of their affairs by periodical investigations and by keeping correct sets of business books. 3. To procure information for members as to the standing and responsibility of parties with whom they propose to transact business. 4. To collect debts for members upon such terms as may be determined. 5. To communicate with Chambers of Commerce and other mercantile and public bodies throughout the United Kingdom, and concert and promote measures for the protection of trade and traders. 6. To consider, originate, and support improvements in the commercial laws. 7. To subscribe to, become a member of, and co-operate with any other association, whether incorporated or not, whose objects are altogether or in part similar to those of this society, and to procure from and communicate to any such association such information as may be likely to forward the object of the society. 8. To borrow, &c. [Ut supra, Form II., paragraph 6.] 9. To purchase, &c. XXVII. SHIPBUILDING. Objects. 1. To build, equip, and repair ships and vessels of all kinds; Iron ship building. and to manufacture and repair steam-engines, boilers, and machinery, and other appliances and things used in or about or for the purposes of shipbuilding. 2. To carry on the business of shipbuilding in all its branches. 3. To construct and maintain buildings, manufactories, and works, and to excavate and form graving and other docks. 4. To acquire, by purchase or otherwise, lands, yards, buildings, quays, ships, vessels, plant and machinery, and generally any real and personal property for the purposes of the company. 5. To advance money on loan, with or without security. 10. To borrow, &c. 11. To [accept bills, 1. To negociate loans of all kinds. Contract and 2. To take concessions of, or lease, railways or other under- financial. takings, whether British or foreign, and either construct or . otherwise carry out the same itself, or make them over wholly or partly to other companies or persons. 3. To work railways and other undertakings, British and foreign. 4. To take contracts, British or foreign, and execute them either itself or by letting them to subcontractors, also to become surety for the due execution by any contractors of the works, whether British or foreign, contracted for by them, K Objects. and to indemnify any person or persons who may be nominated by the company to undertake any such suretyship. 5. To buy and sell on its own account, or for a commission, all kinds of property, real and personal, movable and immovable, and to manage, develop, mortgage, sell, dispose of, or otherwise deal with, all or any part of the property of the company, as may seem expedient. 6. To take, or otherwise acquire, shares in any other company. 7. To make advances on stock, shares, or other securities, and on property of all kinds, either with or without the borrower's personal security. 8. To accept, indorse, and make bills of exchange, promissory notes, and other negotiable instruments. 9. To receive money on deposit, at interest or otherwise. 10. Generally to transact any business of a merchant or capitalist, either as principal or agent. 11. To purchase, or otherwise acquire, from, any company, partnership, or person, any business included among the objects of this company, or any property connected with any such business. 12. To promote other companies for the purpose of acquiring any of the rights, property, or liabilities of this company. 13. To give such guarantee in relation to the shares, stock, or obligations of any other company as may be determined, and generally to guarantee the performance of any contract. Spinning company. XXIX. SPINNING. 1. To purchase, prepare, spin, manufacture, and deal in cotton yarn and other fibrous products and materials, and to carry on the business of spinning, bleaching, dyeing, printing and finishing cotton and other goods of the like kind. 2. To purchase and undertake, on such terms and conditions as may be arranged, all or any part of the assets and liabilities of any company, firm, or person engaged in any business within the objects of this company, and in particular to pur chase and undertake the business now carried on by Messrs. cotton spinners, at the mills, in the county of and all or any part of the property and liabilities of the said firm in connection therewith. 3. To [build, &c., ut supra, p. 108, No. 15]. 4. To purchase, &c. [Ut supra, p. 105, No. 8.] 5. To borrow money, &c. [Ut supra, p. 105, No. 9.] 6. To [accept bills, &c., ut supra, p. 106, No. 10]. Objects. XXX. GAS-WORKS. 1. To manufacture, sell, and supply gas in the town of and elsewhere in the parishes of, &c., in the county of and to carry on the business of a Gas-works company in all its branches. 2. To deal with, manufacture, and render saleable coke, coal-tar, pitch, asphaltum, ammoniacal liquor and other residual products obtained in the manufacture of gas. 3. To construct, manufacture, and maintain works for holding, receiving, and purifying gas, and all other buildings and works, meters, pipes, fittings, machinery, apparatus, and appliances convenient or necessary for the purposes of the company. A Gas-works company requires statutory powers, and these can in many cases be readily obtained by provisional order of the Board of Trade. See specimen order, extracts from Gas and Water Facilities Acts, and rules of Board of Trade as to applications; see infra, "Provisional Orders." 4. To purchase, &c. [Ut supra, p. 105, No. 8, concluding thus and in particular any lands, buildings, quarries, collieries, easements, plant, machinery, barges, waggons, and other chattels.] 5. To obtain any provisional order of the Board of Trade or Act of Parliament which may be deemed requisite for the purposes of the company. 6. To borrow, &c. [Ut supra, p. 105, No. 9.] 7. To [accept bills, &c., ut supra, p. 106, No. 10]. Gas-works company. Objects. 8. To invest, &c. [Ut supra, p. 108, No. 14.] 9. To sell, &c. [Ut supra, p. 108, No. 17.] 10. To do all, &c. [Ut supra, p. 108, No. 18.] XXXI. Shipowners. SHIPOWNER. 1. To purchase, build, charter, equip, load on commission, sail, repair, let out to hire and trade with, steam or other ships, boats and vessels of all kinds. 2. To advance money on loan with or without security. 3. To purchase coal, timber, and other merchandise or produce, for the purpose of freighting any vessels belonging to or in which the company is interested. 4. To carry on the business of a shipowner in all its branches. 6. To purchase, &c. [Ut supra, p. 105, No. 8.] 8. To [accept bills, &c., ut supra, p. 106, No. 10]. Aquarium. XXXII. 1. To establish and maintain at in the county of a marine aquarium with a restaurant and other buildings and conveniences in connection therewith. 2. To provide exhibitions, concerts, lectures, and such other entertainments and amusements as may be deemed expedient. 3. To carry on the business of a restaurant proprietor, and for that purpose to buy and sell comestibles, wine, spirits, and beverages of all kinds. 4. To [build, &c., ut supra, p. 108, No. 15]. 5. To purchase, &c. [Ut supra, p. 105, No. 8, concluding thus: and in particular any lands, buildings, easements, ma |