1452
Particulars to be contained in annual summary. [sec. 32.]
Stamps on share warrants. [sec. 33.]
Penalties on persons committing forgery. [sec. 34]
ORDINANCE No. 1 OF 1877.
Companies.
(2.) A statement of the shares or stock included in the warrant, distinguishing each share by its number.
(3.) The date of the issue of the warrant.
And until the warrant is surrendered the above particulars shall be deemed to be the particulars which are required by the twenty-fourth section of the principal Ordinance to be entered in the register of members of a company; and on the surrender of a warrant the date of such surrender shall be entered as if it were the date at which a person ceased to be a member.
31. After the issue by the company of a share warrant--the annual summary required by the twenty-fifth section of the principal Ordinance shall contain the following particulars, the total amount of shares or stock for which share warrants are outstanding at the date of the summary, and the total amount of share warrants which have been issued and surrendered respectively since the last summary was made, and the number of shares or amount of stock comprised in each warrant.
32. There shall be charged on every share warrant a stamp duty of an amount equal to three times the amount of the ad valorem stamp duty which would be chargeable on a deed transferring the share or shares or stock specified in the warrant, if the consideration for the transfer were the nominal value of such share or shares or stock.
33. Whosoever forges or alters, or offers, utters, disposes of, or puts off, knowing the same to be forged or altered, any share warrant or coupon, or any document purporting to be a share warrant or coupon, issued in pursuance of this Ordinance, or demands or endeavours to obtain or receive any share or interest of or in any company under the principal Ordinance, or to receive any dividend or money payable in respect thereof, by virtue of any such forged or altered share warrant, coupon, or document, purporting as aforesaid, knowing the same to be forged or altered, with intent in any of the cases aforesaid to defraud shall be guilty of felony, and being convicted thereof shall be liable, at the discretion of the Court, to be kept in penal servitude for life or for any term not less than three years, or to be imprisoned for any term not exceeding two years, with or without hard labour, and with or without solitary confinement.
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