Attending returning same, and writing letter £ s. d. to accompany 0 16 Fair copy conveyance to keep, folios 50 Attending summons for payment of purchase Attending the official liquidator, informing Attending official liquidator, obtaining his execution of conveyance, and attesting Attending settling 0 6 8 0 13 4 0 13 0 13 0 13 444 0 6 6 8 8 On Sale by Private Contract. Instructions for agreement for sale Attending proposed purchaser's solicitor therewith for approval and writing letter Perusing agreement as altered and approving same Engrossing agreement in two parts, folios 20 each Paid stamp and paper Attending to get duty impressed Attending official liquidator obtaining his sig nature thereto Attending purchaser's solicitor for agreement signed by his client Preparing summons for leave to carry same into effect and attending Stamp thereon Copy for the Vice Chancellor Copy and service Instructions for affidavit in support of applica tion and of sale being beneficial Drawing same and copy, folios 8 Attending deponent to be sworn Paid oath and exhibit Preparing exhibit Paid filing Office copy, folios 8 Drawing affidavit verifying signatures to agree ment and copy, folios 6 Attending to be sworn Paid oath and exhibit 0 3 0 2 0 4 6 Office copy Attending summons, order made Preparing order, attending for same, and at tending to enter 13s. 4d., stamp 5s. Engrossing order, folios 7 Charge for abstract of title, &c., and for completing sale as in last precedent 6 6062122 0 0 0 2 6 8 STATUTES. 25 & 26 VICT. c. 89. An Act for the Incorporation, Regulation, and Winding up of [7th August, 1862.] WHEREAS it is expedient that the laws relating to the incor- Preliminary. 1. This Act may be cited for all purposes as "The Short title. Companies Act, 1862." 2. This Act, with the exception of such temporary enact- Commencement as is hereinafter declared to come into operation ment of Act. immediately, shall not come into operation until the 2nd day of November, 1862, and the time at which it so comes into operation is hereinafter referred to as the commencement of this Act. 3. For the purposes of this Act a Company that carries Definition of on the business of insurance in common with any other insurance business or businesses shall be deemed to be an insurance Company. Company. 4. No Company, association, or partnership consisting of prohibition more than ten persons shall be formed, after the commence- of partnerment of this Act, for the purpose of carrying on the busi- ships exness of banking, unless it is registered as a Company under certain numthis Act, or is formed in pursuance of some other Act of ber. Parliament, or of letters patent; and no Company, associa ceeding Division of Act. tion, or partnership consisting of more than twenty persons The First Part,-to the constitution and incorporation of The Second Part,-to the distribution of the capital and The Third Part,—to the management and administration The Fifth Part,—to the Registration Office: The Sixth Part, to application of this Act to Companies The Eighth Part,—to application of this Act to unregis- The Ninth Part,-to repeal of Acts, and temporary provisions. Mode of forming Company. PART I. CONSTITUTION AND INCORPORATION OF COMPANIES AND Memorandum of Association. 6. Any seven or more persons associated for any lawful purpose may, by subscribing their names to a memorandum of association, and otherwise complying with the requisitions of this Act in respect of registration, form an incorporated Company, with or without limited liability. bility of 7. The liability of the members of a Company formed Mode of limiting liaunder this Act may, according to the memorandum of association, be limited either to the amount, if any, unpaid on members. the shares respectively held by 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. ciation of a 8. Where a Company is formed on the principle of Memoranhaving the liability of its members limited to the amount dum of assounpaid on their shares, hereinafter referred to as a Com- Company pany limited by shares, the memorandum of association limited by shall contain the following things; (that is to say,) (1). The name of the proposed Company, with the addition of the word "limited" as the last word in such name: (2). The part of the United Kingdom, whether England, (4). A declaration that the liability of the members is (5). The amount of capital with which the Company proposes to be registered divided into shares of a certain fixed amount: Subject to the following regulations: (1). That no subscriber shall take less than one share : of shares he takes. shares. 9. Where a Company is formed on the principle of Memoranhaving the liability of its members limited to such amount dum of assoas the members respectively undertake to contribute to the ciation of a Company assets of the Company in the event of the same being limited by wound up, hereinafter referred to as a Company limited by guarantee, the memorandum of association shall contain the following things; (that is to say,) (1). The name of the proposed Company, with the addition of the word "limited" as the last word in such name: (2). The part of the United Kingdom, whether England, Scotland, or Ireland, in which the registered office of the Company is proposed to be situate: guarantee. |