13
31. At the trial or hearing of any action or other legal proceeding for the recovery of any money due for any call, it shall be suflicient to prove that the name of the party sued is entered in a register as the holder, or one of the holders, of the shares in respect of which such call was made, and that notice of such call was duly given and it shall not be necessary to prove any other matters of whatsoever nature, but the proof of the matters aforesaid shall be conclusive evidence of the debt.
Register of Shareholders-Registers as evidence.
Evidence in call
action for
shareholders.
32.--(1) The Board shall keep the following registers of its share- Registers of holders and shall enter therein the particulars specified in paragraph (2) of this regulation:-
(a) In the Colony, a register, which shall be called "The Principal
Register".
(b) In London, a local register, which shall be called "The London
Register".
and may keep
(c) In Shanghai, a local register, which shall be called "The
Shanghai Register”.
(2) In the registers aforesaid there shall be entered the following parti- Entries
culars
(a) The names and addresses, and the occupations, or descriptions, if any, of the shareholders, respectively entitled and requiring to be registered in one of such registers and a statement of the shares held by each shareholder distinguishing each share by its number, and of the amount paid or agreed to be considered as paid on the shares of each shareholder; provided that no shareholder shall be entitled to be entered in more than one register at the same time in respect of the same shares. (b) The date at which each shareholder was entered in the register
as a shareholder in respect of any share or shares.
(c) The date at which each shareholder ceased to be a shareholder
in respect of any share or shares.
(5) Such Registers may be closed from time to time as provided for by regulation 47.
(4) Every local register shall be deemed for all purposes to be part of the principal register, and the Manager of any establishment at which there is a local register shall transmit to the Head Ollice a copy of all entries in any local register as soon as may be alter the entries are made: and the Bank shall cause to be kept at its Lead Office, duly entered up from time to time, duplicates of the entries in any local register, and such duplicates shall, for all the purposes of the Ordinance and these regula- tions, be deemed to be part of the principal register.
(5) Shares registered in the Shanghai register may, at the discretion of the Board, (on any future change of ownership thereof) be transferred to the principal register, and upon such transfer taking place the scrip for such shares shall be delivered up and shall be cancelled and appropriate scrip shall be issued in lieu thereof. When all the shares registered in the Shanghai register have been transferred to the principal register, the Shanghai register shall be closed.
(6) No share upon the principal register or upon the Shanghai regis- ter shall be transferred to the London register nor shall shares upon the London register be transferred to the principal register or to the Shanghai register, except with the consent of the Board.
registers.
Closing of registers.
Copying of Local
register ertries into
principal
register.
Gradual clesing of register.
Shanghai
Limitation
on transfer of shares to
or from
London register.
94