The Hongkong and Shanghai Banking Corporation.
[CAP. 70
Certificates of shares register.
12. The certificates of title to shares on any local register shall be under the seal of the establishment which keeps such local register and shall be signed by the manager of such establishment and be in such form as the board from time to time approves.
right to certificate:
13. (1) Subject to the provisions of regulation 15, every shareholder shall be entitled to a certificate in respect of each share registered in his name.
(2) Any such certificate shall be prima facie evidence of the title of the shareholder to such share.
14. Every certificate shall specify the number and denoting numbers of the shares in respect of which it is issued and the amount paid up thereon. A shareholder requiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such less sum as the board may determine, for each additional certificate beyond one. He shall also pay any stamp duty that may be payable in respect of his share certificate or certificates.
Provided
15. Any certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register: that in the case of joint holders the bank shall not be bound to issue more than one certificate to all the joint holders and that delivery of such certificate to any one of them shall be sufficient delivery to all.
16. (1) If any certificate be worn out or defaced or damaged, then upon production and surrender thereof to the board the board may order the same to be cancelled and may issue a new certificate in lieu thereof to the person entitled thereto.
(2) If any certificate be lost or destroyed, then upon proof thereof to the satisfaction of the board and upon such indemnity as the board may deem adequate being given, and upon such advertisements being inserted as the board may require and upon payment by the shareholder of all costs incurred, including all expenses incident to the investigation.
355
—
is prima facie evidence of title.
certificate
Every to specify denoting shares; stamp duty.
number and
numbers of
fee and
To which of holders
joint
certificate
to be issued.
Renewal of worn out,
damaged.
destroyed
lost or
certificate.
Page 10
Page 11
The Hongkong and Shanghai Banking Corporation.
[CAP. 70
Certificates of shares
register.
12. The certificates of title to shares on any local re- gister shall be under the seal of the establishment which on local keeps such local register and shall be signed by the manager of such establishment and be in such form as the board from time to time approves.
right to
certificate:
13. (1) Subject to the provisions of regulation 15, Shareholder's every shareholder shall be entitled to a certificate in respect of each share registered in his name.
(2) Any such certificate shall be prima facie evidence certificate of the title of the shareholder to such share.
14. Every certificate shall specify the number and denoting numbers of the shares in respect of which it is issued and the amount paid up thereon. A shareholder re- quiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such less sum as the board may determine, for each addi- tional certificate beyond one. He shall also pay any stamp duty that may be payable in respect of his share certificate or certificates.
Provided
15. Any certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register : that in the case of joint holders the bank shall not be bound to issue more than one certificate to all the joint holders and that delivery of such certificate to any one of them shall be sufficient delivery to all.
16. (1) If any certificate be worn out or defaced or damaged, then upon production and surrender thereof to the board the board may order the same to be cancelled and may issue a new certificate in lieu thereof to the person entitled thereto.
(2) If any certificate be lost or destroyed, then upon proof thereof to the satisfaction of the board and upon such indemnity as the board may deem adequate being given, and upon such advertisements being inserted as the board may require and upon payment by the shareholder of all costs incurred, including all expenses incident to the inves-
355
—
is primâ facie evidence of title.
certificate
Every to specify denoting shares; stamp duty.
number and
numbers of
fee and
To which of holders
joint
certificate
to be issued.
Renewal of worn out,
damaged. destroyed
lost or
certificate.
Page 10Page 11
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