1452 ORDINANCE No. 1 OF 1877.
Companies.
(2. ) A statement of the shares or stock included in the warrant ,
distinguishing each share by its number.
( 3. ) The date of the issue of the warrant.
And until the warrant is surrendered -the above particulars shall be
deemed to be the particulars which are required by the twenty-fourth
section of the principal Ordinance to be entered in the register of members
of a company ; and on the surrender ofa warrant the date of such surrender
shall be entered as if it were the date at which a person ceased to be a
member.
Particulars to 31. After the issue by the company of a share warrant --the annual
be contained
in annual summary required by the twenty-fifth section of the principal Ordinance
summary .
[sec. 32. ] shall contain the following particulars, -the total amount of shares or
stock for which share warrants are outstanding at the date of the sum
mary, and the total amount of share warrants which have been issued and
surrendered respectively since the last summary was made, and the number
of shares or amount of stock comprised in each warrant.
Stamps on 32. There shall be charged on every share warrant a stamp duty of
share
warrants. an amount equal to three times the amount of the ad valorem stamp duty
[sec. 33. ]
which would be chargeable on a deed transferring the share or shares or
stock specified in the warrant, if the consideration for the transfer were
the nominal value of such share or shares or stock.
Penalties on 33. Whosoever forges or alters, or offers , utters, disposes of, or
persons
committing puts off, knowing the same to be forged or altered , any share warrant or
forgery.
[sec. 34. ] coupon, or any document purporting to be a share warrant or coupon ,
issued in pursuance of this Ordinance, or demands or endeavours to obtain
or receive any share or interest of or in any company under the principal
Ordinance, or to receive any dividend or money payable in respect thereof,
by virtue of any such forged or altered share warrant, coupon , or docu
ment, purporting as aforesaid, knowing the same to be forged or altered ,
with intent in any of the cases aforesaid to defraud shall be guilty of
felony, and being convicted thereof shall be liable , at the discretion of the
Court, to be kept in penal servitude for life or for any term not less than
three years, or to be imprisoned for any term not exceeding two years ,
with or without hard labour, and with or without solitary confinement.
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