CO129-462 - Governor Sir Stubbs - 1920 [7-10] — Page 17

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trustee vesting orders.

5.

Subsection (3). The Treaty of Peace Order does not

seem to contemplate the use of vesting orders for shares, and

it may be a question whether the company may buy and re-issue

shares sold by the Custodian under Article 1(vii)(c) of the

Order.

6.

7.

Subsection (4) presents several difficulties:-

(a) Does it protect sales of shares under

Article 1(xvii)(c)?

(b) It affords no protection to the company,

e.g. against a shareholder who was erroneous

-ly believed to be a German national.

(c) It supplies conclusive evidence that the

requirements of the section have been com-

plied with. What does "requirements"

include? Does the transfer conclude the

question of nationality? In its application

to Article 1(xvii)(d) of the Order does the

sub-section make the transfer conclusive

evidence that the property was subject to

the charge? Has the sub-section any appli-

cation to sales of shares under Article

1(xvii)(c) of the Order?

Does subsection (5) enable the Custodian to charge

the fee provided for in Section 13 of Ordinance No.8 of 1916

(and in 5 & 6 Geo.5, c.105, s.13)?

29th June, 1920.

(sd.).....

J. H. KEMP,

Attorney General.

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