193704-1932-Supplementary-Bill-read-a-second-time--Companies — Page 47

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(b) notice of the meeting of a company shall be served on every member of the company in the manner in which notices are required to be served by Table A, and for the purpose of this paragraph the expression "Table A" means that Table as for the time being in force;

(c) two or more members holding not less than one-tenth of the issued share capital or, the company has not a share capital, not less than five per cent, in number of the mem bers of the company may call a meeting;

(d) in the case of a private company two mem- bers, and in the case of any other company three members, personally present shall be & quorum;

(e) any member elected by the members present

at a meeting may be chairman thereof;

(f) in the case of a company originally having a share capital, every member shall have one vote in respect of each share or each one hundred dollars of stock held by him, and in any other case every member shall have one vote.

(2) If for any reason it is impracticable to call a meeting of a company in any manner in which meetings of that company may be called, or to con- duct the meeting of the company in manner prescribed by the articles or this Ordinance, the court may, either of its own motion or on the application of any director of the company or of any member of the company who would be entitled to vote at the meeting, order a meeting of the company to be called, held and conducted in such manner as the court thinks fit, and where any such order is made may give such ancillary or consequential directions as it thinks expedient, and any meeting called, held and conducted in accordance with any such order shall for all purposes be deemed to be a meeting of the company duly called, held and conducted.

115.—(1) A corporation, whether a company within Representa... the meaning of this Ordinance or not, may—

tion of companies at meetings

(a) if it is a member of another corporation, be- of other

ing a company within the meaning of this companies Ordinance, by resolution of its directors er and of other governing body authorise such person creditors.

19 & 20 Geo.. as it thinks fit to act as its representative 5, c. 23, at any meeting of the company or at any s. 116. meeting of any class of members of the company;

(b) if it is a creditor (including a holder of deben. tures) of another corporation, being a company within the meaning of this Ordinance, by resolution of its directors or other governing body authorise such person as it thinks fit to act as its representative at any meeting of any creditors of the company held in pursuance of this Ordinance or of any rules made thereunder, or in pursuance of the provisions contained in any debenture or trust deed, as the case may be.

(2) A person authorised as aforesaid shall be entitled to exercise the same powers on behalf of the corpora tion which he represents as that corporation could exercise if it were an individual shareholder, creditor, or holder of debentures, of that other company.

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