ORDINANCE No. 1 of 1865.
Companies, &c. (Part III. Management, &c.)
exceeding two hundred dollars: The register of mortgages required by this section shall be open to inspection by any creditor or member of the company at all reasonable times; and if such inspection is refused, any officer of the company refusing the same, and every director and manager of the company authorizing or knowingly and wilfully permitting such refusal, shall incur a penalty not exceeding fifty dollars, and a further penalty not exceeding twenty-five dollars for every day during which such refusal continues; and in addition to the penalty, the Chief Justice sitting in Chambers may by order compel an immediate inspection of the register
693
companies to publish statement entered in schedule.
44. (43.) Every limited banking company and [Repealed by Ordinance No. 2 of 1866] every insurance company, and deposit, provident, or benefit society under this Ordinance, shall, before it commences business, and also on the first Monday in February and the first Monday in August in every year during which it carries on business, make a statement in the form marked D in the first schedule hereto, or as near thereto as circumstances will admit, and a copy of such statement shall be put up in a conspicuous place in the registered office of the company, and in every branch office or place where the business of the company is carried on, and if default is made in compliance with the provisions of this section the company shall be liable to a penalty not exceeding fifty dollars for every day during which such default continues, and every director and manager of the company who shall knowingly and wilfully authorize or permit such default shall incur the like penalty.
Every member and every creditor of any company mentioned in this section shall be entitled to a copy of the above-mentioned statement on payment of a sum not exceeding fifty cents.
List of directors to be kept by Registrar.
45. (44.) Every company under this Ordinance, and not having capital divided into shares, shall keep at its registered office a register containing the names and addresses and occupations of its directors or managers, and shall send to the Registrar a copy of such register, and shall from time to time notify to the Registrar any change that takes place in such directors or managers.
46. (45.) If any company under this Ordinance, and not having a capital divided into shares, makes default in keeping a register of its directors or managers, or in sending a copy of such register to the Registrar in compliance with the foregoing rules, or in notifying to the Registrar
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Y
ORDINANCE No. 1 or 1865.
Companies, &c. (Part III. Management, &c.)
exceeding two hundred dollars: The register of mortgages required by this section shall be open to inspection by any creditor or member of the company at all reasonable times; and if such inspection is refused, any officer of the company refusing the same, and every director and manager of the company authorizing or knowingly and wilfully permitting such refusal, shall incur a penalty not exceeding fifty dollars, and a further penalty not exceeding twenty-five dollars for every day during which such refusal continues; and in addition to the penalty, the Chief Justice sitting in Chambers may by order compel an immediate inspection of the register
693
companies to publish statement entered in schedule.
44. (43.) Every limited banking company and [Repealed by Ordinance Certain No. 2 of 1866] every insurance company, and deposit, provident, or benefit society under this Ordinance, shall, before it commences business, and also on the first Monday in February and the first Monday in August in every year during which it carries on business, make a statement in the form marked D in the first schedule hereto, or as near thereto as circumstances will admit, and a copy of such statement shall be put up in a conspicuous place in the registered office of the company, and in every branch office or place where the business of the company is carried on, and if default is made in compliance with the provisions of this section the company shall be liable to a penalty not exceeding fifty dollars for every day during which such default continues, and every director and manager of the company who shall knowingly and wilfully authorize or permit such default shall incur the like penalty.
Every member and every creditor of any company mentioned in this section shall be entitled to a copy of the above-mentioned statement on payment of a sum not exceeding fifty cents.
List of directors to be.
Registrar.
45. (44.) Every company under this Ordinance, and not having capital divided into shares, shall keep at its registered office a register sent to containing the names and addresses and occupations of its directors or managers, and shall send to the Registrar a copy of such register, and shall from time to time notify to the Registrar any change that takes place in such directors or managers.
46. (45.) If any company under this Ordinance, and not having a
keeping
capital divided into shares, makes default in a register of its
Penalty on company not keeping register of
directors or managers, or in sending a copy of such register to the Registrar directors. in compliance with the foregoing rules, or in notifying to the Registrar
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