$8

Paragraph

of

Regulations.

· 46 ·

Articles of Existing Deed of Settlement.

CALLS. Continued.

Remarks.

Paragraph

of Regulations.

Articles of Existing Deed

of Settlement.

47

29

Usual Precedent.

Transfer and Transmission of Shares.

30

Incorporates the first half of Article

36.

The Bank does not require the latter half of Article 36 to be re-enacted.

46

Article 54 slightly altered.

47

Article 56 altered.

31

48

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.

49

Article 51.

32

Article 57 expanded to meet modern practice of the Bank and to cover local registers.

Based on the practice of the Bank.

50

333

The first 2 lines reproduce Sec. 33 of the Companies Act, 1908. The latter part of Reg. 33 is inserted for convenience of proof.

Remarks.

51

52

53 (1) Differs from Article 52 in substitut- ing a Transfer in writing for a Transfer in Deed.

Embodies Bank's usual practice.

Article 50 expanded so as to give the Bank the absolute discretion, which they desire, to decline to register in name of a corporation or firm or limited partnership.

Form 37 on p. 677 of Palmer, 11th

Ed. Vol. 1.

Form 38 on p. 677 of Palmer, 11th

Ed, Vol. 1.

Agrees with usual practice of the

Bank.

See note on Appendix 2, infra.

Agrees with practice of the Bank.

Forfeiture and Lien.

34 (1) Article 43.

(2)

Requires no comment.

(2)

35

Article 44.

(3)

.

36

Article 45.

(4)

37

Usual Precedent.

Palmer, 11th Ed.

54

Vol. 1 p. 659.

55

56

38

Article 46.

39

Article 48.

40

Article 47.

41

Follows up the idea of Reg. 39.

42

(First 10 lines of Article 28.)

Usual Precedent. Palmer, 11th Ed.

57

113

Vol. 1 P. 662.

43

(Compare part of Article 28.)

Usual Precedent.

44

(Compare part of Article 28.)

do.

45 (1) First part of Article 58 modified as per Palmer, 11th Ed. Vol. 1. p. 665.

(2) Latter part of Article 58.

Part of Article 53.

Proceedings at General Meetings.

Article 76.

58

Articles 77 and 78.

59

Articles 80 and 81 put into modern

form.

60

61

do.

do.

Usual Precedent.

Usual practice of the Bank.

do.

Regulations 57 to 73 follow modern

Company Precedents.

Is taken from definition in Companies

Act, 1908.

do.

59

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