48653-1916-Supplementary-Bills-read-a-first-time--Supplementary-Appropriation-Alien-Enemies-Winding-up-Amendment-Trading-with-the-Enemy-Amendment-Pharmacy-and-Poisons — Page 8

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c. 105, s. 8.

in whose books the shares, stock, or securities are register- 5 & 6 Geo, 5, ed shall, upon the receipt of the transfer so executed by the Custodian, and upon being required by him so to do, register the shares, stock, or securities in the name of the Custodian or other transferee, notwithstanding any regula- tion or stipulation of the company or other body, and notwithstanding that the Custodian is not in possession of the certificate, scrip, or other document of title relating to the shares, stock, or securities transferred, but such registration shall be without prejudice to any lien or charge in favour of the company or other body or to any other lien or charge of which the Custodian has notice.

(2.) If any question arises as to the existence or amonut of any lien or charge the question may, on application being made for the purpose, be determined by the Supreme Court or a judge thereof.

orders.

9. Where a vesting order has been made under section 6 Validity of of the Trading with the Enemy Second Amendment Ordi- vesting nance, 1915, or under this Ordinauce, as respects any 5 & 6 Goo, 5. property belonging to or held or managed for and on behalf of a person who appeared to the Court or Governor c. 105, s. 9. making the order to be an enemy or enemy subject, the order shall not nor shall any proceedings thereunder or in consequence thereof be invalidated or affected by reason only of such person having prior to the date of the order died or ceased to be an enemy or enemy subject or sub- sequently dying or ceasing to be an enemy or enemy subject, or by reason of its being subsequently ascertained that he was not an enemy or an enemy subject as the case may be.

tration of

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refuse regis- companies in certain

10.—(1.) Where ou an application for the registration of Power to a company it appears to the Registrar of Companies that any subscriber of the memorandum of association or any proposed director of the company is an enemy subject, he may refuse to register the company.

(2.) No allotment or transfer of any share, stock, deben- ture, or other security issued by a company made after the passing of this Ordinance to or for the benefit of an enemy subject, shall, unless made with the consent of the Gover- nor confer on the allottee or transferee any rights or remedies in respect thereof, and the company by whom the security was issued shall not take any cognizance of or otherwise act upon any notice of any such transfer except by leave of a court of competent jurisdiction or of the Governor.

(3.) If any company contravenes the provisions of this section the company shall be liable upon summary convie- tion to a fiue not exceeding one thousand dollars, and every director, manager, secretary, or other officer of the company who is knowingly a party to the default shall be liable upon summary conviction to a fine for a like amount or to imprisonment for any term not exceeding six mouths.

(4.) Where the right of nominating or appointing a director of a company is vested in any enemy or enemy , subject, the right shall not be exerciseable except by leave of the Governor, and any director nominate l or appointed in exercise of such right shall, except as aforesaid, cease to hold office as director.

cases, etc.

5 & 6 Geo. 5 e. 105, s. 10.

order wind-

11. Where the Colonial Secretary certifies that it appears Power of to him that a company registered in the Colony is carrying court to on business either directly or through an agent, branch, or ing up of subsidiary company outside the Colony, and that in carry- companies ing on such business it has entered into or done acts which in certain if entered into or done in the Colony would constitute the circum- offence of trading with the enemy, the Colouial Secretary stances. may present a petition for the winding up of the company 5 & 6 Geo. 5, by the court, and the issue of such a certificate shall be a c. 105, s. 11. ground on which the company may be wound up by the court, and the certificate shall, for the purposes of the peti- tion, be evidence of the facts therein stated.