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Certificates.
Members' right to certificates.
New
time to time registered as the holder thereof, and except also as regards any parent, guardian, committee, executor or administrator or assignee of a registered shareholder, his respective right under these Presents to become a registered shareholder in respect thereof, or to transfer such share.
Certificates.
11. The Certificates of title to shares shall be issued under the seal of the Company, and signed by two Directors and countersigued by the General Managers or some other person appointed for that purpose by the Directors.
12. Every member shall be entitled to one certificate for the shares registered in his name, or to several certi- ficates, each for one or more of such shares. Every certi- ficate of shares shall specify the number and distinguishing numbers of the shares in respect of which it is issued, and the amount paid up thereon. And the General Managers shall cause to be kept in one or more books a Register of the members and there shall be entered therein the parti- culars required under the Companies Ordinance, 1911, or any amendment thereof.
13. If any certificate be worn out or defaced, then, certificates. upon production thereof to the General Managers, they may order the same to be cancelled, and may issue a new certificate in lien thereof; and if any certificate be lost destroyed, then, upon proof thereof to the satisfanti
Fee.
To wh joint h certific to be issueu.
“DIZU
pursuit urst named on the
Register.
9
—
Calls.
16. (a) The Directors may from time to time make Calls. such calls as they think fit upon the members in respect of all moneys unpaid on the shares held by them respec- tively and not by the conditions of allotment thereof made payable at fixed times. A call may be made payable by instalments.
(b) Each member shall pay the amount of every call made on him to such persons and at such times and places as the Directors shall appoint.
(c) Notice of the persous appointed to receive pay. ment of every call and of the times and places appointed for payment shall be given to members by notice to be inserted once in the Hongkong Government Gazette and in one of the local newspapers of Hongkong.
(d) A copy of the notice referred to in (e) above shall be sent to members in the manner in which notices may be sent to members by the Company as hereinafter provided.
17. A call shall be deemed to have been made when When call the resolution of the Directors authorising such call was deemed to passed.
have been
made.
18. Fourteen days' notice at least of any call shall Notice of
be given.
call.
19. If the sum payable in respect of any call or When in- instalment be not paid on or before the day appointed for terest on payment thereof, the holder for the time being of the call or in-
stalment share in respect of which the call shall have been made, or
payable. the instalment shall be due, shall pay interest for the same at the rate of Twelve dollars per cent. per annum from the day appointed for the payment thereof to the time of the actual payment.
call.
20. On the trial or hearing of any action for the Evidence in recovery of any money due for any call, it shall be action for sufficient to prove that the name of the member sued is entered in the Register as the holder, or one of the holders, of the shares in respect of which such debt accrued; that the resolution making the call is duly recorded in the Minute Book; and that notice of such
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