Part III.

Chap. 5.

Resolution al

lotting paidup shares.

Miscellaneous Forms of Resolutions, Notices, &c.

THAT no shares be allotted on the applications of William Smith, Thomas White, etc.

THAT in pursuance of clause

to

of the agreement, dated the day of 19, made between A.B. of the one part and the company of the other part for the sale of, etc., to the company, ordinary shares in the capital of the company, Nos. inclusive be and the same are hereby allotted to the said A.B., and that the said shares be issued as fully paid-up shares for the consideration mentioned in the said agreement, and that notice of allotment be given to the said A.B.

[Care should be taken to see that the denoting numbers of shares allotted as paid-up agree with the denoting numbers (if any) mentioned in the contract constituting the title of the allottee to such allotment; see p. 116 supra.]

Notice of allotment.

Sir,

"THE

COMPANY, LIMITED."

In accordance with your application for shares in this company dated
day of
I am instructed by the directors to inform you
shares of £
each in this company,

the
that they have allotted you
and I have to request that you will pay on or before the
to [the bankers, or otherwise as may be arranged], the sum of £
per share on the shares allotted to you.

£

day of

Yours truly,

Secretary.

If the applicant has paid application money for shares in excess of those allotted, add the words less the sum of £ and adjust the figures accordingly.

of application money overpaid,"

1. That the amount of share capital of the above-named company offered to the public for subscription by prospectus issued by the said company and dated the 19 was £

day of

2. That the amount fixed by the Memorandum [or Articles] of Association of the said company as the minimum subscription on which the said company may proceed to allotment is £

3. That shares held subject to the payment of the whole amount thereof in cash have been duly allotted to the amount of £

4. That every director of the said company has paid to the company on each of the shares taken or contracted to be taken by him, and for which he is liable to pay in cash a proportion equal to the proportion payable on application and allotment on the shares offered as aforesaid for public subscription by the said company.

And I make this solemn declaration conscientiously believing the same to be true and by virtue of the provisions of an Act of the General Assembly of New Zealand intituled The Justices of the Peace Act, 1882.

DECLARED, &c.

DAY OF

190

, PAYABLE IN CASH.

Miscellaneous Forms of Resolutions, Notices, &c.

RETURN OF SHARES, ALLOTTED ON THE

DAY OF

, 190, FOR A CONSIDERATION IN WHOLE OR IN PART OTHER THAN CASH.

Part III.

Chap. 5.

Report to be

sent to members before

statutory

meeting; see

Sec. 87 (2) of
The Com-

panies Act,
1903.

Miscellaneous Forms of Resolutions, Notices, &c.

"THE

The directors of "The

members as follows:

of £

COMPANY, LIMITED."

Company, Limited," report to the

1. The total number of shares allotted by the company is

each, and of these shares

paid up, otherwise than in cash, and

shares

have been allotted as fully have been allotted as paid

up to the amount of ten shillings per share otherwise than in cash, and have been allotted subject to the payment of the full nominal amount thereof in cash.

2. The shares allotted as fully and partly paid up have been allotted in consideration of the sale by the allottees to the company of

day of

19, made between

company of the other part.

in terms of a contract dated the

of the one part and the said

3. The total amount of cash received by the company in respect of the said

and the company has received no cash in respect of the

shares allotted as fully paid up.

4. The following is an abstract of the receipts and expenditure of the company on capital account to the date of this report:

5. The following is an account of the ascertained preliminary expenses of the company to the date of this report:

Sec. 87 (2) of 1903.

and the additional preliminary expenses are estimated at £

6. The names, addresses and occupations of the directors, auditors, manager and secretary of the company are as follows:

7. There will be submitted to the members at the statutory meeting a proposal to approve a modification of the contract dated the day of 19 made between A.B., of etc., and the company for the sale, etc., by substituting instead of clause of the said contract, the following clause:-(Here insert proposed modification.)

We, the undersigned, being the auditors of the said company, do hereby certify that the above report is correct as to the matters set forth in pars. 1, 2, 3 and 4 hereof.

Auditors of the said company.

We [or I], the undersigned directors [or the sole director and manager] of the said company, do hereby certify that the above report is correct.

Directors.

Miscellaneous Forms of Resolutions, Notices, &c.

Chap. 5.

THAT a call of £ per share be and the same is hereby made on Part III. all the shareholders of the company in respect of the amounts unpaid on the shares in the company's capital [or on the holders of ordinary shares or preference shares if the regulations provide for a difference in liability to calls under Sec. 36 of 1903], and that such call be payable on the

Resolution making call.

day of

I am instructed by the directors to give you notice that at a meeting of the Board, held on the 190 it was resolved that a call of £ per share be made upon all the shareholders of the company in respect of the moneys unpaid on their shares, and that such call be payable on the to

at their office, No.

190,

day of Lambton Quay, in the City of Wellington, and you are hereby required to pay the amount due by you in respect of the said call on shares Nos. accordingly.

to

inclusive-viz., the sum of £

Yours &c.,

Secretary.

THAT notice be given by the secretary to the holders of all shares in respect whereof any call within the meaning of Article 41 of the company's regulations now remains unpaid, such notice to name the day of next as the day on which such call and all interest and expenses that have accrued or have been incurred by the company by reason of such non-payments are to be paid, and shall name the registered office of the company as the place where payment is to be made, and such notice shall state that in the event of non-payment on or before the said day of next at the registered office of the company the shares in respect of which such calls remain unpaid will be liable to be forfeited.

Resolution to give notice prior to forfeiture.

In pursuance of a resolution duly passed at a meeting of the Board of Directors of this company, I hereby give you notice that the directors require you to pay the sum of £ being the amount of a call which

pursuance of foregoing

resolution.

Miscellaneous Forms of Resolutions, Notices, &c.

Part III. of £ for expenses that have been incurred by the company by reason Chap. 5. of the non-payment of the said call is to be paid by you on or before the day of next at the registered office of the company and that in the event of non-payment of the said call, interest, and expenses as aforesaid on or before the said

day of next at the place aforesaid, the shares in respect of which such call was made will be liable to be forfeited.

Resolution forfeiting shares.

Resolution approving transfer.

Secretary.

THAT the ordinary shares in the capital of this company numbered
inclusive, of which
of
is registered owner

to
be and the same are hereby forfeited, and that the said
with notified of the forfeiture hereby effected.

to

be forth

THAT the transfer from A.B. to C.D. of shares Nos. inclusive be and the same is hereby approved, and that C.D. be entered in the register, and a certificate of title be issued to him in respect of the said shares.

Resolution to

THAT the seal of the company be affixed to the contract, between A.B. seal contract. of &c., and the company for the sale of &c. to the company, now submitted to this meeting.

Resolution to

open banking the

account.

Resolution

THAT a current account be opened in the name of the company with Bank at its branch, and that the said bank be and it is hereby authorised to pay cheques signed on behalf of the company by any director(s) of the company, and countersigned by the secretary.

THAT the seal submitted to this meeting, of which an impression is adopting com- given hereunder, be and the same is hereby adopted as the common seal mon seal.

of the company.

Resolution

appointing committee.

THAT Messrs.

and

directors of the company, be, and they are hereby appointed a committee of the Board, with power to &c.

day of

THAT an extraordinary general meeting of the members of the company be convened for the 19 , at extraordinary o'clock, at No. Lambton Quay, Wellington, for the purpose of transacting the following business:

Resolution to convene

general meet

ing.

Resolution declaring a dividend.

THAT the company declares a dividend at the rate of &c. on the nominal amount of the shares of the company [or on the amount paid up on the shares of the company], to be payable on the