CAP. 32]
[s. 158 cont]
Contribu- tories in case of bankruptcy of member.
19 & 20 Geo. 5. c. 23, s. 161.
Provision as to married Companies.
shall be liable in due course of administration to contribute to the assets of the company in discharge of his liability and shall be contributories accordingly.
(2) Where the personal representatives are placed on the list of contributories, such heirs or inheritors need not be added, but they may be added as and when the court thinks fit.
(3) If the personal representatives make default in pay- ing any money ordered to be paid by them, proceedings may be taken for administering the estate of the deceased contributory, and for compelling payment thereout of the money due.
[159
159. If a contributory becomes bankrupt, either before or after he has been placed on the list of contributories--
(a) his trustee in bankruptcy shall represent him for all the purposes of the winding up, and shall be a con- tributory accordingly, and may be called on to admit to proof against the estate of the bankrupt, or other- wise to allow to be paid out of his assets in due course of law, any money due from the bankrupt in respect of his liability to contribute to the assets of the company; and
(b) there may be proved against the estate of the bankrupt the estimated value of his liability to future calls as well as calls already made.
[160
160. (1) The husband of a female contributory married before the 1st day of January, 1883, shall during the con- c. 23, s. 162. tinuance of the marriage, be liable, as respects any liability
women.
19 & 20 Geo. 5, (Cap. 183).
Jurisdiction to wind up companies registered in the Colony. 19 & 20 Geo. 5, c. 23, s. 163.
attaching to any shares acquired by her before that date, to contribute to the assets of the company the same sum as she would have been liable to contribute if she had not married, and he shall be a contributory accordingly.
(2) Subject as aforesaid, nothing in this Ordinance shall affect the provisions of the Married Women's Property Ordinance.
(ii) WINDING UP BY THE Court. Jurisdiction.
[161
161. The court shall have jurisdiction to wind up any company registered in the Colony.
120
[162
CAP. 32]
[s. 158 cont]
Contribu- tories in case of bankruptcy
of member.
19 & 20 Geo. 5.
c. 23, s. 161.
Provision as
to married
Companies.
shall be liable in due course of administration to contribute to the assets of the company in discharge of his liability and shall be contributories accordingly.
(2) Where the personal representatives are placed on the list of contributories, such heirs or inheritors need not be added, but they may be added as and when the court thinks fit.
(3) If the personal representatives make default in pay- ing any money ordered to be paid by them, proceedings may be taken for administering the estate of the deceased contributory, and for compelling payment thereout of the money due.
[159
159. If a contributory becomes bankrupt, either before or after he has been placed on the list of contributories--
(a) his trustee in bankruptcy shall represent him for all the purposes of the winding up, and shall be a con- tributory accordingly, and may be called on to admit to proof against the estate of the bankrupt, or other- wise to allow to be paid out of his assets in due course of law, any money due from the bankrupt in respect of his liability to contribute to the assets of the company; and
(b) there may be proved against the estate of the bankrupt the estimated value of his liability to future calls as well as calls already made.
[160
160. (1) The husband of a female contributory married before the 1st day of January, 1883, shall during the con- c. 23, s. 162. tinuance of the marriage, be liable, as respects any liability
women.
19 & 20 Geo. 5,
(Cap. 183).
Jurisdiction
to wind up
companies registered
in the Colony. 19 & 20 Geo. 5, c. 23, s. 163.
attaching to any shares acquired by her before that date, to contribute to the assets of the company the same sum as she would have been liable to contribute if she had not married, and he shall be a contributory accordingly.
(2) Subject as aforesaid, nothing in this Ordinance shall affect the provisions of the Married Women's Property Ordinance.
(ii) WINDING UP BY THE Court. Jurisdiction.
[161
161. The court shall have jurisdiction to wind up any
company registered in the Colony.
120
[162
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