549
WE, the several persons whose names and addresses are subscribed, are desirous of being formed into a company, in pursuance of this memorandum of association.
Names, Addresses, and Descriptions of Subscribers.
I. John Jones of
"2. John Smith of "3. Thomas Green of "4. John Thompson of
5. Caleb White of "6. Andrew Brown of "7. Cæsar White of
Dated the
day of
Witness to the above signatures,
19
merchant
A.B., No. Queen's Road, Victoria, Hongkong.
*
ARTICLES of ASSOCIATION to accompany preceding MEMORANDUM of ASSOCIATION,
Number of Members.
1. The company, for the pupose of registration, is de- clared to consist of five hundred members.
2. The directors bereinafter mentioned may, whenever the business of the association requires it, register an increase of members.
Definition of Members.
3. Every person shall be deemed to have agreed to become a member of the company who insures any ship or share in a ship in pursuance of the regulations hereinafter contained.
General Meetings.
4. The first general meeting shall be held at such time, not being less than one month nor more than three months after the incorporation of the company, and at such place, as the directors may determine.
5. A general meeting shall be held once in every year at such time (not being more than fifteen months after the holding of the last preceding general meeting) and place as may be prescribed by the company in general meeting, or, in default, at such time in the month following that in which the anniversary of the company's incorporation occurs, and at sneh place, as the directors shall appoint. In default of a general meeting being so held, a general meeting shall be held in the month next following, and may be convened by any two members in the same manner as nearly as possible as that in which meetings are to be convened by the directors.
6. The above-mentioned general meetings shall be called ordinary meetings; all other general meetings shall be called extraordinary.
7. The directors may, whenever they think fit, and shall, on a requisition made in writing by any five or more members, convene an extraordinary general meeting.
8. Any requisition made by the members must state the object of the meeting proposed to be called, and must be signed by the requisitionists and deposited at the registered office of the company,
9. On receipt of the requisition the directors shall forth- with proceed to convene a general meeting: if they do not proceed to cause a meeting to be held within twenty-one days from the date of the requisition being so deposited, the requisitionists or any other five members, may them- selves convene a meeting.
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