CO129-520-7 Public Utility companies- acquisition by foreign groups 4-12-1929 - 26-1-1930 — Page 93

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194. The signature to any notice to be given by the How notice Company may be in writing or printed.

to be signed.

195. Where a given number of days' notice or notice How time to extending over any other pericd is required to be given, be counted. the day of service shall, unless it is otherwise provided, be counted in such number of days or other period.

to informa-

tion.

196. No member shall be entitled to require dis- Member not covery of or any information respecting any detail of the to be entitled Company's trading or any matter which is or may be in the nature of a trade secret, mystery of trade or secret process which may relate to the conduct of the business of the Company and which in the opinion of the Directors it will be inexpedient in the interests of the members of the Company to communicate to the public.

Dissolution of the Company.

197.--(1) In case at any time the Directors shall Resolution consider it desirable, they may call a General Meeting to wind up of the Members and at such Meeting the Directors shall Company. submit a statement of the affairs of the Company so far as they can be ascertained, and if at such General Meet- ing or at any adjournment thereof a resolution shall be passed by a majority of not less than three-fourths of such members of the Company for the time being entitled, according to these articles, to vote, as are present in person or by proxy, that a dissolution of the Company is expedient, and if such resolution be confirmed at a subsequent General Meeting to be called for that purpose, the Company shall forthwith be wound up.

(2) Such meetings shall be called in all respects pursuant to Section 70 of the Companies' Ordinance, 1911.

198. It shall be lawful for the liquidators to declare any bad or doubtful debts to be irrecoverable, and to sell to any person, not being a director, any claims or demands upon the estates of bankrupts and other

per- sons, or upon the assets of deceased persons, if any such claims or demands are not immediately recoverable,

Bad or

doubtful debts may

em

be sold.

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