1923_COMPANIES_ORDINANCE__1911 — Page 125

COMPANIES.

No. 58 of 1911.

2125

notice to be

234(1) Where a banking company which was in exis- On registra- tence at the time of the commencement of this Ordinance tion of bank- ing company proposes to register as a limited company, it shall, at least with limited thirty days before so registering, give notice of its intention the so to register to every person who has a banking account given to with the company, either by delivery of the notice to him, or Edw. 7 by posting it to him at, or delivering it at, his last-known c. 69, s. 256. address.

(2) If the company omits to give the notice required by this section, then as between the company and the person for the time being interested in the account in respect of which the notice ought to have been given, and so far as respects the account down to the time at which notice is given, but not further or otherwise, the certificate of registra- tion with limited liability shall have no operation.

customers.

companies

of fees.

8

*

235. No fees shall be charged in respect of the registration Exemption in pursuance of this Part of a company if it is not registered of certain as a limited company, or if before its registration as a limited from payment company the liability of the shareholders was limited by g 7. some other Ordinance, Act of Parliament or letters patent. c. 69, s. 257.

236. When a company registers in pursuance of this Part Addition of with limited liability, the word "Limited" shall form and be 10 name. registered as part of its name, and any Chinese equivalent 8 Edw. 7, of its name which the company may use shall contain the c. 69, s. 258. Chinese characters 有限公司.

'Limited "

of existing

c. 69, s. 259.

237. On compliance with the requirements of this Part certificate of with respect to registration, and on payment of such fees, if registration any, as are payable under Table B in the First Schedule, caties. the Registrar of Companies shall certify under his hand that 8 Edw. 7. the company applying for registration is incorporated as a company under this Ordinance, and in the case of a limited First company that it is limited, and thereupon the company shall Table B. be incorporated and shall have perpetual succession and a common seal with power to hold lands.

*

Schedule.

registration.

238. All property, real and personal (including things in Vesting of action), belonging to or vested in a company at the date of property on its registration in pursuance of this Part, shall on registration 8 Edw. 7, pass to and vest in the company as incorporated under this c. 69, s. 260. Ordinance for all the estate and interest of the company therein.

* As amended by Law Rev, Ord., 1924.

*

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