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TRANSFER-continued.

of shares converted into stock, 246, pl. (24)
belonging to bankrupt, 86

to avoid reputed ownership, 89
what notice of, requisite, 91

when directors consent to, sufficient without ob-
servance of prescribed formalities, 128

to avoid liability, valid if bona fide, 133

by delivery of certificates, when valid and when not,
134, 135

by shareholder in extremis, valid, 134

when colourable, 135

without consideration, 135

to avoid exposure of affairs of company, 136

by retiring directors, when void, 442

by vendor with blanks, 41

in banking company governed by 7 Geo. 4, c. 46..291

punishment for forging, 207, 208

notice to be given of, of shares of companies formed under
letters patent, 396

return to be made by company within three months after notice
of, 398

TRANSFER BOOKS,

may be closed, when, 244, pl. 11; 357, pl. (9 a)

TRANSMISSION OF SHARES,

regulations as to, 244, 357, 358

TRUSTEES,

directors of companies are considered to be, and subject to lia-
bilities of, 434-437

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to be appointed by arbitrators, 187, 373

on neglect may be appointed by board of trade, 187, 373
appointment of, to supply vacancy, 374

when matters to stand referred to, 374
may call for production of books, 374
may extend period for making award, 376

UNLIMITED COMPANY,

contents of memorandum of association for, 18

form of, 272

application of new act to, 218

what companies may register as, 221

UNREGISTERED COMPANIES,

provisions for winding-up, 230-233

who to be deemed contributory in winding-up, 233
after petition for winding-up, proceedings may be restrained,

234

effect of order for winding-up, 234

when property of, may be vested by order of court in official
liquidators, 235

power of official liquidators to institute legal proceedings as to
property of, 235

VESTING ORDER,

V.

may be made by court as to property of unregistered companies,

235

VICE-CONSULS,

affidavits may be sworn before, 169

VICE-WARDEN. See STANNARIES.

VOLUNTARY WINDING-UP,

under what circumstances it may be done, 170

commencement of, 171

effect of, upon status of company, 171
notice for, how to be published, 171

consequences of, 171

property of company to be applied in payment of debts, 171
liquidators to be appointed, 172

See LIQUIDATORS.

arrangement under, when to be binding, 174

power of creditor or contributory to appeal against, 174
costs of, 177

saving of rights of creditors under, 177

the court may adopt proceedings of, 177

VOTES,

on passing special resolution, 53, 54

by proxy, 54

proof of number when not requisite, 54

how to be taken in default of regulations, 56

number of, of contributories to be registered, 109

when poll is demanded, 221

VOTES-continued.

of members, regulations as to, 250, 267
of shareholders, regulations as to, 361
See PROXY-POLL.

WINDING-UP COMPANIES FORMED UNDER COM.
PANIES ACT, 1862,

under what circumstances to be by the court, 99

order for, when to be made, 100

form of, 321

when company to be deemed unable to pay its debts, 100
who may apply for order for, 101, 102

meaning of the expression "the court," 102

application for, to be by petition, 104

commencement of, by court, 105

termination of, in chambers, 315

injunction may be granted after presentation of petition for, 105
course to be pursued by court on hearing petition for, 106
actions and suits to be stayed after order for, 107
copy of order for, to be forwarded to registrar, 108

power of the court to stay proceedings for, 108

effect of order for, on share capital of company limited by
guarantee, 109

wishes of creditors and contributories may be regarded by court,

109

official liquidators to be appointed, 109

See OFFICIAL LIQUIDATORS.

court can require delivery of property, 152

court may order payment of debts by contributories, 152

court may make calls, 153

court may order payment of costs as to, 158

orders under new act, how to be enforced, 163

of industrial societies, 387

not prevented by dissolution of society, 387

of companies formed by letters patent not prevented by deter-
mination of company, 404

WINDING-UP COMPANY LIMITED BY GUARANTEE,
effect of order for, 109, 173

WINDING-UP SUBJECT TO COURT'S SUPERVISION,
may be directed by the court, 178

form of order for, 322

the wishes of the creditors to be regarded, 178

rule as to meetings of creditors and contributories, 309
votes at meetings, how to be given, 309

direction of judge, how to be testified, 310
additional liquidators may be appointed for, 179
effect of order for, 179

WINDING-UP ACTS, 1848, 1849, 1856-1858,

origin and progress of, 76

main objects of, 154

to obviate the difficulties attending proceedings in chancery, 78
not to be applied unless benefit likely to accrue to company. 79
unless company be shown to be insolvent, 80

tests as to insolvency of company, 80, 81

when shareholders who have sold or forfeited their shares may
apply for winding-up order, 81

definition of contributory under, 81, 83
liability of shareholders under, 82
of former shareholders, 21

calls under specialty debts, 83

on ground that portion of capital of company had been lost, 99
when winding-up will be made, 100

who may apply for order under, 101

application under, by assignee of a debt, 102

when Court of Bankruptcy had jurisdiction under, 103
petition for, after petition in bankruptcy irregular, 104
receiver when not appointed under, 106

as to costs in proceedings under, 107
appointment of official manager under, 110
compromise of claims by official liquidators under, 113
to what companies the acts apply, 114

what companies or societies within, 116

application of, to companies which have been amalgamated,

117

who to be placed on the list of contributories under, 119–143
See CONTRIBUtories.

individual members of insurance company not liable to calls
under, 123

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WOMEN,

See EVIDENCE.

liability of married, to be made contributories, 97
WORDS. See DEFINITION.

List of Works

BY

LEONARD SHELFORD, ESQ.,

OF THE MIDDLE TEMPLE, BARRISTER-AT-LAW.

I.

THE LAW of BANKRUPTCY and INSOLVENCY, comprising the Statutes now in force on those Subjects, methodically arranged, and the Reported Cases thereon to the present Time: with an Appendix, containing the General Orders and Forms and the Practice and New Forms in Bankruptcy. THIRD EDITION. One vol. royal 12mo., price 27. cloth, pp. 1238. 1862.

II.

The LAW of HIGHWAYS in England and Wales, comprising Highways in Districts under Boards of Health and of Local Government, and as affected by Railways, with additional Forms not contained in the Acts. THIRD EDITION. One vol. 12mo., price 13s. cloth. 1862.

III.

The LAW relating to the PROBATE, LEGACY and SUCCESSION DUTIES in England, Ireland and Scotland, including all the Statutes, and the Decisions on those Subjects, with Forms and Official Regulations. SECOND EDITION, with many Alterations and Additions. One vol., 12mo., price 16s. cloth. 1861.

IV.

The LAW of RAILWAYS; including the Consolidation and other General Acts for Regulating Railways in England and Ireland; with Copious Notes of Decided Cases on their Construction, including the Rights and Liabilities of Share

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