2032
[s.64 conltd.]
No. 58 of 1911.
COMPANIES.
(b) shall have its name mentioned in legible characters on its seal;
(c) shall have its name mentioned in legible characters in all notices, advertisements, and other official publications of the company, and in all bills of exchange, promissory notes, indorsements, cheques, and orders for money or goods purporting to be signed by or on behalf of the company, and in all bills of parcels, invoices, receipts, and letters of credit of the company;
(d) shall have the names of two principal officers of the company printed in legible characters on all trade catalogues, trade circulars, show cards, and business letters on or in which the name of the company appears.
(2) Every limited company which uses a transliteration or translation of its name in Chinese characters shall append thereto the Chinese characters有限公司, and, if a China company, shall also prefix to the said transliteration or translation the Chinese characters中國.
(3) Every limited company which makes any default in complying with any of the provisions of sub-sections (1) and (2) shall be liable to a fine not exceeding five hundred dollars for each default, and in the case of a continuing default to a fine not exceeding fifty dollars for every day during which the default continues, and every director and manager of a company who knowingly and wilfully authorises or permits the default shall be liable to the like penalty: Provided that no director or manager shall be liable to be fined both under this sub-section and also under sub-section (4) in respect of the same default.
(4) If any director, manager, or officer of a limited company, or any person on its behalf, uses or authorises the use of any seal purporting to be a seal of the company whereon its name is not so engraven as aforesaid, or issues or authorises the issue of any notice, advertisement, or other official publication of the company, or signs or authorises to be signed on behalf of the company any bill of exchange, promissory note, indorsement, cheque, order for money or goods, or issues or authorises to be issued any bill of parcels, invoice, receipt, or letter of credit of the company, wherein its name is not mentioned in manner aforesaid, he shall be liable to a fine not exceeding five hundred dollars, and shall further be personally liable to the holder of any such bill of exchange,