regulating Companies in England, prevents the company, acting what is best for it's own interests and The Archives of your office the records of the former will show that the Legislature was conscious of the sub-division of shares and passed a special ordinance, 4 of 1876, to relieve the China Trader's Insurance Company, which was united. that ordinance directed to be withdrawn by the Secretary of state, and a general measure introduced founded on the English Act, Enabling all Companies to subdivide their shares under conditions the same as those obtaining in England, and such an Ordinance was laid before the Council (see Daily Press November 19th 1876. and the remarks of Governor, the Colonial Secretary, and Acting Attorney General). That bill was withdrawn out of deference to the opinion of the Chief Justice, and, as a compromise Ordinance, 1 of 1877. was passed.
A provision was grafted on the English