CO129-416 - Public Offices - 1914 — Page 407

Companies Act, 1908, followed by Section 4 of

the Companies Consolidation Act 1904, and

Section 5 of the Longkong companies Ordinance,

·

was enacted because companies limited by

guarantee oscaped applications to the Courta

necessary to companies limited by shares, and

since this necessity was imposed on such com

panies they have become rare. A can noe no

reason why the company limited by guaranteu

should not revive should inducement offer; and

3 have no doubt that it will do so, so that

promotera may avoid the onerous provisioun of

the draft order.

Draftouen in nongkong are

quite ready to take advantage of any flaw in

the Order.

Again, a company limited by

guarantee "the operations of which are directed

and controlled from souse place within the

11:aits

402