566989-1929-Supplementary-Bill-read-a-first-time---Hongkong-and-Shanghai-Bank — Page 47

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Paragraph of Regulations.

Articles of Existing Deed

of Settlement.

490

Remarks.

Transfer and Transmission of Shares.

Article 54 slightly altered.

46

47

Article 56 altered.

48

49

Article 51.

50

51

52

53 (1)

(2)

(3)

Differs from Article 52 in substitut- ing a Transfer in writing for a Transfer in Deed.

Embodies Bank's usual practice.

Article 50 expanded so as to give the Bank the absolute discretion, which they desire, to decline to register in name of a corporation or firm or limited partnership.

Form 37 on p. 677 of Palmer, 11th

Ed. Vol. 1.

Form 38 ou p. 677 of Palmer, 11th

Ed. Vol. 1.

Agrees with usual practice of the

Bank.

See note on Appendix 2, infra

Agrees with practice of the Bank.

do.

54

(4)

55

56

Part of Article 53.

do.

Usual Precedent.

Usual practice of the Bank

do.

Proceedings at General Meetings.

57

Article 76.

Regulations 57 to 73 follow modern

Company Precedents.

58

Articles 77 and 78.

59

60

61

Articles 80 and 81 put into modern

form.

Is taken from definition in Companies

Act, 1908.

do.

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