450
LEGISLATIVE COUNCIL.
No. S. 232.-The following Bills were read a first time at a Meeting of the Council held on the 13th October, 1910 :-
Section.
1.
2.
3.
4.
Companies Ordinance, 1910.
ARRANGEMENT OF SECTIONS.
PART I.
CONSTITUTION AND INCORPORATION.
Prohibition of Large Partnerships.
Short title.
Prohibition of partnerships extceding certain number.
Memorandum of Association.
Mode of forming incorporated company, Memorandum of company limited by shares.
5. Memorandum of company limited by guarantee.
Memorandum of unlimited company.
6.
7.
8.
9.
10.
Stamp and signature of memorandum.
Restriction on alteration of memorandum. Name of company and change of name,
Alteration of objects of company.
11. Registration of articles.
Articles of Association.
12. Application of Table A,
13.
14.
15.
16.
Forin, stamp and signature of articles.
Alteration of articles by special resolution.
General Provisions,
Effect of memorandum and articles.
Registration of memorandum and articles.
17. Effect of registration,
18.
19.
20.
21.
Conclusiveness of certificate of incorporation.
Copies of memorandum and articles to be given to members.
Associations not for Profit.
Restriction on charitable and other companies holding land.
Power to dispense with "imited
other companies.
in name of charitable and
Companies limited by Guarantee.
22. Provision as to companies limited by guarantee,
PART II.
DISTRIBUTION AND REDUCTION OF SHARE CAPITAL, REGISTRATION OF UNLIMITED COMPANY AS LIMITED, AND UNLIMITED
LIABILITY OF DIRECTORS.
Distribution of Share Capital,
28. Nature of shares.
24.
Cerulea e of shares or stock.
25. Dennition of member.
26.
Register of members.
27.
Annual list of members and summary.
Registration of transfer at request of transferor.
28. Trusts not to be entered on register.
29.
30. Transfer by personal representative.
31. Inspection of register of members.
Power to close register.
32.
33.
Fower of court to rectify register.
34.
Register to be evidence.
35. Power for company to keep local register,
36-37. Kegulations as to local register.
38. Issue and effect of share warrants to hearer,
39. Forgery, personation, unlawfully engraving plates, &c.
40.
Power of company to arrange for different amounts being
paid on shares.
41.
Power to return accumulated profits in reduction of paid-up
share capital.
42. Power of company limited by shares to alter its share capital. 43. Notice to registrar of consolidation of share capital, conversion
of shares into stock, &c.
44. Effect of conversion of shares into stock.
45. Notice of increase of share capital or of members.
46. Re-organisation of share capital.
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