tions to the date of the statute which formed the first edition of this work. An immense extension of this law has been effected by the present act, which brings all Joint Stock Companies (with very few exceptions) under its provisions; introduces the novelty of limitation by guarantee; and further extends its machinery for winding up to all partnerships and associations whatever, provided they consist of seven members. Another new statute, nearly allied to the general Law of Joint Stock Companies, and which expressly enacts that the winding-up provisions of "The Companies Act, 1862," shall be applied to the associations to which it refers, is The Industrial and Provident Societies Act (25 & 26 Vict. c. 87). I have, therefore, added this statute, as now forming a part-and not the least important part -of the Law of Joint Stock Companies. In the Introductory Treatise a variety of instructions have been ventured upon, as suggested by experience, for the formation and management of a Joint Stock Company. These, I am informed, were accounted a useful feature of the former editions. The contents have been so arranged that any rules and orders of Court hereafter issued, or new statutes passed, may be added to the volume without disturbance of the paging. The Digest of Decisions has been printed with the same purpose, its alphabetical arrangement rendering reference by the page unnecessary; and this, too, will be supplemented periodically, so that the latest law may always be found within the volume by those who choose to make the necessary additions. 1, Essex Court, Temple, October 1862. EDWARD W. COX. CONTENTS. Principle of the Law of Partnership.. Principle of Limited Liability Definition of Limited Liability Advantages of Limited Liability What they must do for this purpose.. What new Companies may be formed under the new Law How an individual Trader may avail himself of Limited Liability. When a Company may be Wound-up List of Contributories.. 6. Mode of forming company (20 Vict. c. 47, s. 3) 7. Mode of limiting liability of members 11. Stamp, signature, and effect of memorandum of association 12. Power of certain companies to alter memorandum of asso- |