Joint Stock Companies: Being a Practical Treatise on Their Formation, Management and Winding-up Under "The Companies Act, 1862", Comprising Introductory Sketch and Statistics, Copious Instructions to Promoters, Directors, Officers and All Persons Officially Or Otherwise Connected with Public Companies, Containing Also a List of the Books Required by a Public Company, and Hints as to Forms and Mode of Keeping Same : Together with Abstracts from Table B Fromthe Joint Stock Companies Act, 1856, of the Fraudulent Trustee Act, of the Railway Companies Arbitration Act, 1859, and of the Companies Seals Acts, 1864 |
From inside the book
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Page 18
... assets of the Company , ( in the event of its being wound up ) , to an unlimited extent . The second form is the most convenient , and , we may add , the most popular , on account of the liability of its members never exceeding the sum ...
... assets of the Company , ( in the event of its being wound up ) , to an unlimited extent . The second form is the most convenient , and , we may add , the most popular , on account of the liability of its members never exceeding the sum ...
Page 28
... assets of the company on that day were , - Government securities ( stating them ) , £ Bills of exchange and promissory notes , £ Cash at the bankers , £ Other securities , £ * If the company has no capital divided into shares , the ...
... assets of the company on that day were , - Government securities ( stating them ) , £ Bills of exchange and promissory notes , £ Cash at the bankers , £ Other securities , £ * If the company has no capital divided into shares , the ...
Page 43
... assets of the company will be insufficient to pay his costs , require sufficient security to be given for such costs , and stay all proceedings until it is so given .- ( S . 69. ) ACTION AGAINST A MEMBER . ( S. 70. ) In any action or ...
... assets of the company will be insufficient to pay his costs , require sufficient security to be given for such costs , and stay all proceedings until it is so given .- ( S . 69. ) ACTION AGAINST A MEMBER . ( S. 70. ) In any action or ...
Page 68
... assets or things capable of being converted into money in the event of the company being wound up . As these will probably last for several years it would be obviously unfair to existing shareholders to deduct the total cost thereof ...
... assets or things capable of being converted into money in the event of the company being wound up . As these will probably last for several years it would be obviously unfair to existing shareholders to deduct the total cost thereof ...
Page 75
... asset that the company has in its possession , whatever may be its nature , must appear on the credit side of the balance sheet . The utmost care should be used in placing such a value upon the latter , as , in all reasonable ...
... asset that the company has in its possession , whatever may be its nature , must appear on the credit side of the balance sheet . The utmost care should be used in placing such a value upon the latter , as , in all reasonable ...
Common terms and phrases
Act of Parliament adjourned amount application appointed Articles of Association assets auditors balance sheet Board of Trade books and documents capital divided certificate chairman commencement common seal companies formed company limited company registered company's contributory copy Court of Chancery creditors debts deemed default directors divided into shares dividend entitled exceeding EXISTING COMPANIES fraudulent holders incorporation inspect Joint Stock Companies latter legal proceedings Letters Patent limited by guarantee limited by shares limited company limited liability Memorandum of Association ment notice number of shares official liquidator ordinary meeting paid pany payable payment penalty person provisions proxy public company purpose pursuance register of members registered office Registrar regulations requisition sanction Scotland shareholder special resolution Stannaries Stock Companies Acts thereto think fit tion transfer unregistered company Vice-Warden voluntary winding-up vote winding-up a company winding-up the company wound
Popular passages
Page 127 - ... if no such chairman is elected, or if at any meeting the chairman is not present at the time appointed for holding the same, the directors present shall choose some one of their number to be chairman of such meeting.
Page 137 - ... of the company, shall be sufficient evidence of the fact, without proof of the number or proportion of the votes recorded in favour of or against such resolution.
Page 139 - The notice may also be served by post by a registered letter addressed to the person on whom it is to be served at his last known place of residence or place of business; and, if served by post shall be deemed to have been served at the time when a letter containing the same would be delivered in the ordinary course of post...
Page 140 - The objects for which the company is established are " the " facilitating travelling in the Highlands of Scotland, by providing " hotels and conveyances by sea and by land for the accommodation " of travellers, and the doing all such other things as are incidental " or conducive to the attainment of the above object.
Page 127 - The directors may delegate any of their powers to committees consisting of such member or members of their body as they think fit. Any committee so formed shall in the exercise of the powers so delegated conform to any regulations that may be imposed on it by the directors.
Page 121 - ... and for other purposes as would have been conferred by shares of equal amount in the capital of the company; but so that none of such privileges or advantages except the participation in the dividends and profits of the company shall be conferred by any such aliquot part of consolidated stock as would not if existing in shares have conferred such privileges or advantages.
Page 139 - Any notice, if served by post, shall be deemed to have been served at the time when the letter containing the same would be delivered in the ordinary course of the post...
Page 137 - Meeting from Time to Time and from Place to Place, but no Business shall be transacted at any adjourned Meeting other than the Business left unfinished at the Meeting from which the Adjournment took place.
Page 143 - shall mean the lords of the committee of privy council appointed for the consideration of matters relating to trade and foreign plantations...
Page 121 - The instrument of transfer shall be presented to the company, accompanied with such evidence as the directors may require to prove the title of the transferor, and thereupon the company shall register the transferee as a member.