2082
No. 58 of 1911.
COMPANIES.
porated, and in the case of a limited company that the company is limited.
(2) From the date of incorporation mentioned in the certificate of incorporation, the subscribers of the memorandum, together with such other persons as may from time to time become members of the company, shall be a body corporate by the name contained in the memorandum, capable forthwith of exercising all the functions of an incorporated company, and having perpetual succession and a common seal, with power to hold lands, but with such liability on the part of the members to contribute to the assets of the company in the event of its being wound up as is mentioned in this Ordinance.
18.—(1) A certificate of incorporation given by the Registrar in respect of any association shall be conclusive evidence that all the incorporation requirements of this Ordinance in respect of registration and of matters precedent and incidental thereto have been complied with, and that the association is a company authorised to be registered and duly registered under this Ordinance.
Conclusive-ness of certificate of
8 Edw. 7 c. 69 s. 17.
Copies of memorandum and articles to be given to members.
ib. s. 18.
Restriction on charitable and other companies holding land.
ib. s. 19.
(2) A statutory declaration by a solicitor engaged in the formation of the company, or by a person named in the articles as a director or secretary of the company, of compliance with all or any of the said requirements shall be produced to the Registrar, and the Registrar may accept such a declaration as sufficient evidence of compliance.
19.—(1) Every company shall send to every member, at his request, and on payment of 1 dollar or such less sum as the company may prescribe, a copy of the memorandum and of the articles (if any).
(2) If a company makes default in complying with the requirements of this section, it shall be liable for each offence to a fine not exceeding 10 dollars.
Associations not for Profit.
20. A company formed for the purpose of promoting art, science, religion, charity, or any other like object, not involving the acquisition of gain by the company or by its individual members, shall not, without the licence of the Governor, hold more than 2 acres of land; but the Governor may by licence empower any such company to hold lands in such quantity, and subject to such conditions, as he may think fit.
2082
No. 58 of 1911.
COMPANIES.
porated, and in the case of a limited company that the company is
limited.
(2) From the date of incorporation mentioned in the certificate of incorporation, the subscribers of the memorandum, together with such other persons as may from time to time become members of the company, shall be a body corporate by the name contained in the memorandum, capable forthwith of exercising all the functions of an incorporated company, and having perpetual succession and a common seal, with power to hold lands, but with such liability on the part of the members to contribute to the assets of the company in the event of its being wound up as is mentioned in this Ordinance.
18.—(1) A certificate of incorporation given by the Registrar in respect of any association shall be conclusive evidence that all the incorporation. requirements of this Ordinance in respect of registration and of matters precedent and incidental thereto have been complied with, and that the association is a company authorised to be registered and duly registered under this Ordinance.
Conclusive- ness of cer- tificate of
8 Edw. 7 c. 69 s. 17.
Copies of
memoran-
duin and articles to be given to members.
ib. s. 18.
Restriction
on charitable and other companies holding land. ib. s. 19.
(2) A statutory declaration by a solicitor engaged in the formation of the company, or by a person named in the articles as a director or secretary of the company, of compliance with all or any of the said requirements shall be produced to the Registrar, and the Registrar may accept such a declaration as sufficient evidence of compliance.
19.-(1) Every company shall send to every member, at his request, and on payment of 1 dollar or such less sum as the com- pany may prescribe, a copy of the memorandum and of the articles (if any).
(2) If a company makes default in complying with the require- ments of this section, it shall be liable for each offence to a fine not exceeding 10 dollars.
Associations not for Profit.
20. A company formed for the purpose of promoting art, science, religion, charity, or any other like object, not involving the acquisition of gain by the company or by its individual members, shall not, without the licence of the Governor, hold more than 2 acres of land; but the Governor may by licence empower any such company to hold lands in such quantity, and subject to such con- ditions, as he may think fit.
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