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35
Title by registration.
Claimant barred four years after
death or
incapacity, unless infant.
(4) Subject to the provisions of these regulations as to joint holders, every person, from time to time entered in the register of shareholders as the holder of any share, shall unless and until his share be by operation of law or other- wise vested in some other person and unless and until the title of such other person is proved and established to the satisfaction of the Board under Regula- tion 51, be recognised and treated by the Bank as the sole lawful and rightful owner and holder of such share, and any other person entitled to or claiming to be owner or holder of such share, or to be entered as the holder thereof, shall not have any claim against the Bank in respect thereof, but shall claim only against the person so entered and his representatives.
(5) If any shareholder die or become an incapacitated shareholder, and any share of such deceased or incapacitated shareholder be not within four years after the decease or incapacity of the shareholder claimed by a lawful claimant of the share, so as to entitle him to be entered according to these presents in the register of shareholders as the holder of the share, then the share and all dividends accruing thereon after the decease or incapacity of the deceased or incapacitated shareholder, and all other rights and interests in respect of the share as from such decease or incapacity, shall be liable to for- feiture for the benefit of the Bank, and the same may be declared by the Board to be forfeited accordingly. Provided that this subsection shall not apply to the case of an infant shareholder, while he is an infant.
(2) If any certificate be lost or destroyed, then upon proof thereof to the satisfaction of the Board, and upon such indemnity as the Board may deem adequate being given, and upon such advertisements being inserted as the Board may require, and upon payment by the shareholder of all costs incurred including all expenses incident to the investigation of evidence of loss and to such indemnity and to such advertisements as aforesaid, and generally upon such terms as the Board may require, a new certificate in lieu thereof shall be given to the person entitled to such lost or destroyed certificate.
17. Where a share is forfeited and the certificate thereof is not delivered up to the Bank, the Board may issue a new certificate of the share, distingu- ishing it as they think fit from the certificate so not delivered up.
18. For every certificate issued under the regulations there shall be paid to the Bank the sum of two dollars, or its equivalent in local currency, or such less sum as the Board may determine, together with any stamp duty that may be payable in respect of any such share certificate.
19. No person shall be entitled at any one time to be registered as the holder of or be interested in equity in more than two thousand shares in the Bank without the sanction of the Board, and the Board may at any time require from any shareholder a statutory declaration that this regulation has been complied with.
New certificate where share forfeited.
Fee for
new certificate.
No share- holder to hold more than 2,000 shares.
Certificates
of shares on principal register.
Certificates
of shares
on local
register.
Shareholders right to certificate.
Certificate
18 prima
facie
evidence of
title.
Every
certificate
to specify number and
denoting
numbers of
shares.
Foe and
stamp duty.
To which of
joint sholders
certificate
to be issued.
Renewal of
word
out damaged
lost or destroyed certificate.
Certificates for Shares.
11. The certificates of title to shares on the principal register shall be under the common seal and shall be signed by one Director and countersigned by the Chief Manager. Such Certificates shall unless and until otherwise pres- cribed by the Board be in the form in Appendix I to these Regulations or to the like effect.
12. The certificates of title to shares on any local register shall be under the seal of the establishment which keeps such local register and shall be signed by the Manager of such establishment and be in such form as the Board from time to time approves.
13. (1) Subject to the provisions of Regulation 15, every shareholder shall be entitled to a certificate in respect of each share registered in his name.
(2) Any such certificate shall be prima facie evidence of the title of the shareholder to such share.
A
14. Every certificate shall specify the number and denoting numbers of the shares in respect of which it is issued and the amount paid up thereon. shareholder requiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such less sum as the Board may determine for each additional certificate beyond one. He shall also
pay any stamp duty that may be payable in respect of his share certificate or certificates.
15. Any certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register, provided that in the case of joint holders the Bank shall not be bound to issue more than one certificate to all the joint holders, and that delivery of such certificate to any one of them shall be sufficient delivery to all.
16. (1) If any certificate be worn out, or defaced, or damaged, then, upon production and surrender thereof to the Board, the Board may order the same to be cancelled, and may issue a new certificate in lieu thereof to the person entitled thereto.
Shareholders Address.
20. A Book called "Shareholders Address Book" shall be kept at the Head Office, under the superintendence of the Board, and therein shall, from time to time, be fairly and distinctly entered, in alphabetical order, the names of the shareholders with their respective places of abode and description, so far as the same are from time to time furnished to the Bank by or on behalf of any shareholder.
21. Any address so furnished as aforesaid shall be the registered address of the shareholder for the purpose of Regulations 137 and 141.
Shareholder's change of name or abode or marriage.
22. No shareholder, who shall change his name or being a female shall marry, shall be entitled to receive any dividend, or to vote, until notice in writing of the change of name or marriage shall be given to the Bank for registration.
Calls.
23. Any call shall be deemed to be due at the time specified by the re- solution of the general meeting of shareholders for the payment of such call and each shareholder shall pay to the Bank at the time so specified the amount of such calls which is due on his shares.
24. The joint holders of a share shall be severally as well as jointly liable for the payment of calls due in respect of such share.
25. Fourteen days notice of any call shall be given specifying the time and place of payment and to whom such call shall be paid.
26. Notice of the amount of call and of the person appointed to receive payment of the call and of the times and places appointed for payment shall be given to the shareholders by notice to be inserted once at least in one or more daily newspapers printed and circulating in the Colony and such notice shall be sufficiently given if advertised as aforesaid.
Sharehol- ders address book.
Every
address so furnished by shareholders
to be re-
gistered address ander re- gulations
137 and 141.
Notice to
be given of change of
name, or
marriage.
When call
deemed due.
Liability of joint holders.
Notice of
call.
Mode of
giving notice of
call.
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