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THE HONGKONG GOVERNMENT GAZETTE, 18TH MARCH, 1865.
of being dissolved and testifies its Consent in such manner as the Registrar requires; and if any Company, through Inadvertence or otherwise, is, without such Consent as aforesaid, registered by a Name identical with that by which a subsisting Company is or so nearly resembling the same as to be calculated to deceive, such first- registered, mentioned Company may, with the Sanction of the Registrar, change its Name, and such Change being made the Registrar shall enter the new Name on the Register the place of the former Name, and shall issue a Certificate of Incorporation altered to meet the Circumstances of the Case; but no such alteration of Name shall affect any Rights or Obligations of the Company, or render defective any legal Proceedings instituted or to be instituted by or against the Company, and any legal Proceedings may be continued or commenced against the Company by its new Name that might have been continued or commenced against the Company by its former Name.
PART II.
DISTRIBUTION of Capital anD LIABILITY OF MEMBERS OF COMPANIES AND ASSOCIATIONS UNDER THIS ORDINANCE.
Distribution of Capital.
in Company.
107
XXI. The Shares or other Interest of any Member in a Company under this Nature of Interest Ordinance shall be Personal Estate, capable of being transferred in manner provided by the Regulations of the Company, and shall not be of the nature of Real Estate, and each Share shall, in the case of a Company having a Capital divided into Shares, be distinguished by its appropriate Number.
ber."
XXII. The Subscribers of the Memorandum of Association of any Company Definition of "Mem- under this Ordinance shall be deemed to have agreed to become Members of the Com- pany whose Memorandum they have subscribed, and upon the Registration of the Company shall be entered as Members on the Register of Members hereinafter men- tioned; and every other Person who has agreed to become a Member of a Company under this Ordinance, and whose Name is entered on the Register of Members, shall be deemed to be a Member of the Company.
XXIII. Any transfer of the Share or other Interest of a deceased Member of a Company under this Ordinance, made by his personal Representative, shall, notwith- standing such personal Representative may not himself be a Member, be of the same Validity as if he had been a Member at the time of the Execution of the Instrument of Transfer.
Transfer by personal Representative.
XXIV. Every Company under this Ordinance shall cause to be kept in one or Register of Members. more Books a Register of its Members, and there shall be entered therein the following Particulars:
(1.) The Names and Addresses, and the Occupations, if any, of the Members of the Company, with the Addition, in the case of a Company having a Capital divided into Shares, of a Statement of the Shares held by each 'Member, distinguishing each Share by its Number: And of the Amount paid or agreed to be considered as paid on the Shares of each Member:
(2.) The Date at which the Name of any Person was entered in the Register as a
Member:
(3.) The Date at which any Person ceased to be a Member:
And any Company acting in contravention of this Section shall incur a Penalty not exceeding One hundred Dollars for every Day during which its default in complying with the Provisions of this Section continues, and every Director or Manager of the Company who shall knowingly and wilfully authorize or permit such contravention shall incur the like Penalty.
XXV. Every Company under this Ordinance, and having a Capital divided into Shares, shall make, once at least in every Year, a List of all Persons who, on the Fourteenth Day succeeding the Day on which the Ordinary General Meeting, or if there is more than One Ordinary Meeting in each Year, the First of such Ordinary General Meetings is held, are Members of the Company; and such List shall state the Names, Addresses, and Occupations of all the Members therein mentioned, and the Number of Shares held by each of them, and shall contain a Summary specifying the following Particulars:
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Annual List of Members.
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