131

Paragraph

of

Regulations.

Articles of Existing Deed

of Settlement.

50

T

Remarks.

51

Paragraph

of Regulations.

Articles of Existing Deed of Settlement.

Remarks.

126

127

128

129

Dividends.

An expanded form of Palmer Form

116, 11th Ed. Vol. 1. at p. 763.

Desired by Bank.

AUDIT. (Continued).

147 (1)

Palmer Form 116d, p. 764.

148

This and Regulation 131 are (apart

Taken from Sec. 112 of the Com- panies Act, 1908 with an addition to 147 (1) which is taken from Article 169.

Taken from Sec. 113 of the Com-

panies Act, 1908.

from the "Provision" clause)

149

Desired by Bank.

based on Palmer Form 119. p. 706.

150

do.

130

Desired by Bank.

151

131

See note on Reg. 129.

Article 170, with the addition of words required by Bank for re- moval of Auditor by the Board, subject to approval of the Gov-

132

Palmer Form 122.

ernor.

133

Palmer Form 124.

152

Required by Bank.

134

Palmer Form 125.

Yearly Statements.

135

Desired by Bank.

136

Palmer Form 126.

137

Palmer Form 127.

138

Palmer Form 128, substituting 6

years for 5.

153

Article 174.

154

Article 175.

Notice.

155

Accounts.

139

Palmer Form 129 on p. 770.

156

140

Compare with first half of Article

Desired by Bank.

157

176.

158

¦

141

Compare with Article 178.

do.

159

142

Same as Article 181.

do.

143

Compare with Article 179.

144

do.

do.

160

145

See Palmer p. 772, Form 133.

Audit.

146

Usual precedent.

161

The Bank prefers, for convenience

of proof, to make advertisement a

sufficient test of notice.

See note to Regs. 25-27.

Usual practice.

Desired by Bank.

do.

Shareholders not entitled to certain Information.

Usual Precedent.

Clause required by Bank to prevent shareholder competitors from ac- quiring certain confidential formation.

in-

Indemnity-Individual Responsibility.

Follows precedent.

132

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