20388-1911-Ordinance-passed-and-assented-to--Companies-No-58-of-1911 — Page 2

Government Gazette 政府憲報 轅門報 All

:

THE HONGKONG GOVERNMENT GAZETTE, DECEMBER 15, 1911. 601

PART II.

DISTRIBUTION AND REDUCTION OF SHARE CAPITAL, RegistratION

OF UNLIMITED COMPANY AS LIMITED, AND UNLIMITED

LIABILITY OF DIRECTORS.

Distribution of Share Capital,

Section.

23.

Nature of shares.

24.

Certificate of shares or stock.

25. Definition of member.

26.

Register of members.

27.

Annual list of members and summary.

28.

Trusts not to be entered on register.

29.

Registration of transfer at request of transferor.

30.

Transfer by personal representative.

31.

Inspection of register of members.

32.

Power to close register,

33.

Power of court to rectify register,

34.

Register to be evidence.

35.

Power for company to keep local register,

36-37.

Regulations as to local register.

38.

39.

40.

41.

42.

43.

44.

45.

46.

Issue and effect of share warrants to hearer.

Forgery, personation, unlawfully engraving plates, &c.

Power of company to arrange for different amounts being

paid on shares,

Power to return accumulated profits in reduction of paid-up

share capital.

Power of company limited by shares to alter its share capital. Notice to registrar of consolidation of share capital, conversion

of shares into stock, &c.

Effect of conversion of shares into stock.

Notice of increase of share capital or of members. Re-organisation of share capital,

Reduction of Share Capital.

47. Special resolution for reduction of share capital.

48. Application to court for confirming order.

49.

Addition to name of company of "and reduced.“

50. Objections by creditiors and settlement of list of objecting

creditors.

51. Order confirming reduction.

52. Registration of order and minute of reduction,

53,

Minute to form part of memorandum.

54.

Liability of members in respect of reduced shares,

55. Penalty on concealment of name of creditor.

56.

57.

38.

59.

60.

Publication of reasons for reduction.

Increase and reduction of share capital in case of a company

limited by guarantee having a share capital,

Registration of Unlimited Company as Limited.

Registration of unlimited company as limited.

Power of unlimited company to provide for reserve share

capital on re-registration.

Reserve Liability of Limited Company.

Reserve liability of limited company.

Unlimited Liability of Directors,

61. Limited company may have directors with unlimited liability. 62. Special resolution of limited company making liability of

directors unlimited.

PART III.

MANAGEMENT AND ADMINISTRATION.

Office and Name.

63. Registered office of company,

64.

Publication of name by a limited company.

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