68
Paragraph of Regulations
Articles of Existing Deed of Settlement.
Remarks.
CERTIFICATES FOR SHARES.-Contd.
of
Paragraph
Regulations.
Articles of Existing Deed of Settlement.
Remarks.
CALLS.-Continued.
12
New.
Due to the Bank now having local Registers in London and Shanghai.
29
30
13 (1) Article 30.
(2)
Section 23 of English Companies Act,
1908.
.31
14
Usual Precedent.
15
do.
16 (1)
Article 31.
(2)
Article 32.
32
17
Article 33.
18
New
In accordance with usual practice of
the Bank.
33
19
Article 72 with reduction from
4,000 to 2,000 shares.
Reduction desired by Bank.
Incorporates the first half of Article
36.
Article 40 amended to language of Form 22 (a) at p. 657 of Palmer's Company Precedents, 11th Ed. Vol. 1.
Registers of Shareholders-
Registers as Evidence.
Article 57 expanded to meet modern practice of the Bank and to cover local registers.
Usual Precedent.
The Bank does not require the latter half of Article 36 to be re-enact- ed.
Based on the practice of the Bank.
The first 2 lines reproduce Sec. 33 of the Companies' Act, 1908. The latter part of Reg. 33 is inserted for convenience of proof.
Forfeiture and Lien.
34 (1) Article 43.
Shareholder's Address.
(2)
Requires no comment.
20
First sentence of Article 59.
35
Article 44.
21
I
Second sentence of Article 59 See note infra to Regulations 25,
amended so as to limit its applica- tion to Reg. 137 and 141.
26 and 27.
36
Article 45.
37
Usual Precedent. Palmer, 11th Ed.
Vol. 1. P 659.
Shareholder's Change of
Name or Marriage.
38
Article 46.
22
223
Accords with Bank's practice.
39
Article 48.
40
Article 47.
Calls.
:
41
Follows up the idea of Reg. 39
23
Usual Precedent.
42
(First 10 lines of Article 28.)
Usual Precedent.
Palmer 11th Ed.
24
do.
Vol. 1. p. 662.
25
26
27
Article 34 amended so as to make newpaper advertisement sufficient notice.
N.B.-All the shares of the Bank are fully paid up and consequently no calls could in future become payable except as part of some re- organisation of the Capital of the Bank, the terms of which would be well known to shareholders.
43
(Compare part of Article 28.)
Usual Precedent.
44
(Compare part of Article 28.)
do.
45 (1)
28
Article 35.
(2)
as per Palmer, 11th Ed. Vol. 1. p. 665.
Latter part of Article 58.
First part of Article 58 modified
69