193704-1932-Supplementary-Bill-read-a-second-time--Companies — Page 55

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(3) If any copy of a balance sheet which has not been signed as required by this section is issued, circulated, or published, or if any copy of a balance sheet is issued circulated, or published without having a copy of the auditors' report attached thereto, the company, and every director, manager, secretary, or other officer of the company who is knowingly a party to the default, shall on conviction be liable to a fine not exceeding five hundred dollars.

129.-(1) In the case of a company not being a Right to private company-

receive copies of

report.

(a) a copy of every balance sheet, including every balance

document required by law to be annexed sheets and thereto, which is to be laid before the company auditors' in general meeting, together with a copy of 19 & 20 Geo. the auditors' report, shall, not less than seven 5, c. 23, days before the date of the meeting, be sent s. 130. to all persons entitled to receive notices of general meetings of the company;

(b) any member of the company, whether he is or is not entitled to have sent to hin copies of of the company's balance sheets, and any holder of debentures of the company, shall be entitled to be furnished on demand without charge with a copy of the last balance sheet of the company, including every document required by law to be annexed thereto, together with a copy of the auditors' report on the balance sheet,

If default is made in complying with paragraph (a) of this subsection, the company and every officer of the company who is in default shall be liable to a fine not exceeding two hundred dollars, and if, where any person makes a demand for a document with which he is by virtue of paragraph (b) of this subsection entitled to be furnished, default is made in complying with the demand within seven days after the making thereof, the company and every director, manager, secretary or other officer of the company who is knowingly a party to the default shall be liable to a fine not exceeding fifty dollars for every day during which the default continues, unless it is proved that that person has already made a demand for and been furnished with a copy of the document.

(2) In the case of a company being a private com- pany, any member shall be entitled to be furnished, within seven days after he has made a request in that behalf to the company, with a copy of the balance sheet and auditors' report at a charge not exceeding twenty-five cents for every hundred words.

If default is made in furnishing such a copy to any member who demands it and tenders to the company the amount of the proper charge therefor, the company and every officer of the company who is in default shall be liable to a default fine.

other com-

130.-(1) Every company, being a limited banking Banking company or an insurance company or a deposit, and certain provident, or benefit society, shall, before it companies to mences business, and also on the first Monday in publish February and the first Tuesday in August in every periodical year during which it carries on business, make a statement. statement in the English language in the form set 5, c. 23, out in the Seventh Schedule to this Ordinance, or s. 131. as near thereto as circumstances admit.

(2) A copy of the statement shall be put up in a conspicuous place in the registered office of the com- pany, and in every branch office or place where the business of the company is carried on.

(3) Every member and every creditor of the com- pany shall be entitled to a copy of the statement, on payment of a sum not exceeding twenty five cents.

19 & 20 Geo.

A

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