2008
No. 58 of 1911.
articles by
special resolution. 8 Edw. 7,
COMPANIES.
(d) be signed by each subscriber of the memorandum of association in the presence of at least one witness who must attest the signature.
Alteration of 14. Subject to the provisions of this Ordinance and to the conditions contained in its memorandum, a company may by special resolution alter or add to its articles; and any alteration or addition so made shall be as valid as if originally contained in the articles, and be subject in like manner to alteration by special resolution,
c. 69, s. 13.
Effect of
and articles. 8 Edw. 7, c. 69, s. 14.
General.
15. (1) The memorandum and articles shall, when memorandum registered, bind the company and the members thereof to the same extent as if they respectively had been signed and sealed by each member, and contained covenants on the part of each member, his heirs, executors, and administrators, to observe all the provisions of the memorandum and of the articles, subject to the provisions of this Ordinance.
Registration of memorandum and articles. 8 Edw. 7. c. 69, s. 15.
Effect of
(2) All money payable by any member to the company under the memorandum or articles shall be a debt due from him to the company, and shall be of the nature of a specialty debt.
16. The memorandum and the articles (if any) shall be delivered to the Registrar of Companies, and he shall retain and register them.
17. (1) On the registration of the memorandum of a registration. company, the Registrar of Companies shall certify under his hand that the company is incorporated, and in the case of a limited company that the company is limited.
8 Edw. 7, c. 69, s. 16.
(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.
* As amended by Law Rev. Ord., 1924.
2008
No. 58 of 1911.
articles by
special resolution. 8 Edw. 7,
COMPANIES.
(d) be signed by each subscriber of the memorandum of association in the presence of at least one witness who must attest the signature.
Alteration of 14. Subject to the provisions of this Ordinance and to the conditions contained in its memorandum, a company may by special resolution alter or add to its articles; and any altera- tion or addition so made shall be as valid as if originally contained in the articles, and be subject in like manner to alteration by special resolution,
c. 69, s. 13.
Effect of
and articles. 8 Edw. 7, c. 69, s. 14.
General.
15. (1) The memorandum and articles shall, when memorandum registered, bind the company and the members thereof to the same extent as if they respectively had been signed and sealed by each member, and contained covenants on the part of each member, his heirs, executors, and administrators, to observe all the provisions of the memorandum and of the articles, subject to the provisions of this Ordinance.
Registration of menioran- dum and articles. 8 Edw. 7. c. 69, s. 15.
Effect of
(2) All money payable by any member to the company under the memorandum or articles shall be a debt due from him to the company, and shall be of the nature of a specialty debt.
16. The memorandum and the articles (if any) shall be delivered to the Registrar of Companies, and he shall retain and register them.
17. (1) On the registration of the memorandum of a registration. company, the Registrar of Companies shall certify under his hand that the company is incorporated, and in the case of a limited company that the company is limited.
8 Edw. 7, c. 69, s. 16.
*
(2) From the date of incorporation mentioned in the certificate of incorporation, the subscribers of the memoran- dum, together with such other persons as
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.
* As amended by Law Rev. Ord., 1924.
i
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