ORDINANCE No. 1 OF 1865.
Companies, &c. (Second Schedule.)
4th. Every member of the company undertakes to contribute to the assets of the company in the event of the same being wound up during the time that he is a member, or within one year afterwards, for payment of the debts and liabilities of the company contracted before the time at which he ceases to be a member, and the costs, charges, and expenses of winding-up the same, and for the adjustment of the rights of the contributories amongst themselves, such amount as may be required not exceeding ... dollars.
WE, the several persons whose names and addresses are subscribed, are desirous of being formed into a company, in pursuance of this memorandum of association.
Names, addresses, and descriptions of subscribers.
1. JOHN JONES of ...
2. JOHN SMITH of ...
3. THOMAS Green of ...
4. JOHN THOMPSON of ...
5. CALEB WHITE of ...
6. ANDREW BROWN of ...
7. CASAR WHITE of ...
Dated the ... day of ..., 186... Merchant.
Witness to the above signatures, Nos. 2, 5 and 7, A. B., of Victoria.
Witness to the above signatures, Nos. 1, 3, 4 and 6, C. D., of Shanghae.
ARTICLES OF ASSOCIATION TO ACCOMPANY THE PRECEDING MEMORANDUM OF ASSOCIATION.
(1.) The company, for the purpose of registration, is declared to consist of five hundred members.
(2.) The directors hereinafter mentioned may whenever the business of the association requires it, register an increase of members.
Definition of Members.
(3.) Every person shall be deemed to have agreed to become a member of the company who insures any ship or share in a ship in pursuance of the regulations hereinafter contained.
General Meetings.
(4.) The first general meeting shall be held at such time, not being more than three months after the incorporation of the company, and at such place, as the directors may determine.
Page 739
ORDINANCE No. 1 OF 1865.
Companies, &c. (Second Schedule.)
4th. Every member of the company undertakes to contribute to the assets of the company in the event of the same being wound up during the time that he is a member, or within one year afterwards, for payment of the debts and liabilities of the company contracted before the time at which he ceases to be a member, and the costs, charges, and expenses of winding-up the same, and for the adjustment of the rights of the contribu- dollars. tories amongst themselves, such amount as may be required not exceeding
WE, the several persons whose names and addresses are subscribed, are desirous of being
formed into a company, in pursuance of this memorandum of association.
Names, addresses, and descriptions of subscribers.
1. JOHN JONES of
2. JOHN SMITH of
3. THOMAS Green of
4. JOHN THOMPSON of
5. CALEB WHITE of
6. ANDREW BROWN of
7. CASAR WHITE of
Dated the
day of
Merchant.
186
>
Witness to the above signatures, Nos. 2, 5 and 7,
A. B., of Victoria.
Witness to the above signatures, Nos. 1, 3, 4 and 6,
C. D., of Shanghae.
ARTICLES OF ASSOCIATION TO ACCOMPANY THE PRECEDING MEMORANDUM OF
ASSOCIATION.
(1.) The company, for the purpose of registration, is declared to consist of five
hundred members.
(2.) The directors hereinafter mentioned may whenever the business of the association
requires it, register an increase of members.
Definition of Members.
(3.) Every person shall be deemed to have agreed to become a member of the com- pany who insures any ship or share in a ship in pursuance of the regulation. hereinafter contained.
General Meetings.
(4.) The first general mecting shall be held at such time, not being more than three months after the incorporation of the company, and at such place, as the directors may determine.
739
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