38
du 22 Mei, 1863, modifie partiellement le système du Code,
moins pour donner satisfaction aux critiques qui précédent
que pour permettre au commerce français de lutter à
ammes égales avec le commerce anglais. Une convention,
conclue le 30 Avril, 1862, entre la France et l'Angleterre
donnait aux scciétés anglaises le droit d'agir en France:
on en Angleterre, les sociétés par actions, correspondant
à nos société's anonymes, pouvait se former librement.
Le maintien de la necessité de l'autorisation préalable
aurait donc place notre commerce dans une situation
d'infériorité".
The learned author then goes on to state
that Great Britain was the first to move in the matter of
reform and then refers to the countries which have
abolished the "autorisation préalable". His article,
674 ter, gives a most interesting epitome of the history
of our law which well repays study in connection with
this question.
E
To turn to the Companies Act, 1908, section 1 (2)
speaks of companies "registered wider this act, or
formed in pursuance of some other Act of Parliament, or
by letters patent". By sec.2 seven or more persons may
"by subscribing their names to a memorandum of association
and otherwise complying with the requirements of this Act
in respect of registration, for an incorporated company
Provided that this section is complied with on the
memorandum and articles being delivered to the registrar
of companies "he shall retain and register them". also Leon Caen Vol.II Art.779 Grande Bretagne). would appear that the power of forming a company is now vested in a body of individuele by a law, which provides for publicity and regularity; on registration the company, which that body has formed, comes automatically into
life.
(See
It
The law of England is the law which a British subject in China carries with him and is subject to
May
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