467

of thes

Notice of

forfeiture of any

Ju eh

Shared

Shall

forthwith be fire to the repoticed Norden.

paid up shares or upon the term

that the

shares shall be paid up in full within a

specified period not exceeding (three)

months

(2)

afften allotment.

Shares issued by a China Company

otherwise than as fully paid up shares

shall be deemed to be issued upon the

condition that if not paid for in full

before the expiration of one week from

the date upon which the final payment

was due, they shall be forfeited by the

directors, and it shall be the duty of

the directors at the expiration of that

period to make an order forfeiting the

said shares. A

(3) Within one month of the ex-

piration of the time allowed for the

completion of the payment of all sums

due upon the shares, the secretary of

the company shall forward to the deputy

registrar

Share This Page