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(3) The company shall be responsible for any loss incurred by any person by reason of the company entering in the register the name of a bearer of a share warrant in respect of the shares therein specified without the warrant being surrendered and cancelled.

(4) Until the warrant is surrendered, the particu- lars specified in subsection (1) of this section shall be deemed to be the particulars required by this Ordinance to be entered in the register of members, and, on the surrender, the date of the surrender must be entered.

(5) Subject to the provisions of this Ordinance, the bearer of a share warrant may, if the articles of the company so provide, be deemed to be a member of the company within the meaning of this Ordinance, either to the full extent or for any purposes defined in the articles.

98.-(1) The register of members, commencing Inspection from the date of the registration of the company, of register

of members. and the index of the names of members, shall be 19 & 20 Geo. kept at the registered office of the company, and, 5, c. 23, except when the register is closed under the provisions s. 98. of this Ordinance, shall during business hours (subject to such reasonable restrictions as the company in general meeting may impose, so that not less than two hours in each day be allowed for inspection) be open to the inspection of any member without charge and of any other person on payment of fifty cents. or such less sum as the company may prescribe, for each inspection.

(2) Any member or other person may require a copy of the register, or of any part thereof, on pay. ment of twenty five cents, or such less sum as the company may prescribe, for every hundred words or fractional part thereof required to be copied.

The company shall cause any copy so required by any person to be sent to that person within a period of ten days commencing on the day next after the day on which the requirement is received by the company.

(2) If any inspection required under this section is refused or if any copy required under this section is not sent within the proper period, the company and every officer of the company who is in default shall be liable in respect of each offence to a fine not exceeding twenty dollars, and further to a default fine of twenty dollars.

(4) In the case of any such refusal or default, the court may by order compel an immediate inspection of the register and index or direct that the copies required shall be sent to the persons requiring them.

99. A company may, on giving notice by advertise- Power to ment in some newspaper circulating in the district close in which the registered office of the situate, close the register of members for any time 5, c. 23, or times not exceeding in the whole thirty days in s. 99.

register. company is 19 & 20 Geo.

each year.

100.—(1) IF—

Power of court to

(a) the name of any person is, without sufficient rectify

cause, entered in or omitted from the register 19 & 20 Geo.

register. of members of a company; or

(b) default is made or unnecessary delay takes place in entering on the register the fact of any person having ceased to be a member;

the person aggrieved, or any member of the company, or the company, may apply to the court for rectification of the register.

5, c. 23, s. 100.

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