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 7
... . ) Introductory hints . ( b . ) List of Books and remarks thereon ( c . ) Balance Sheet and Accounts ( d . ) The duties of Auditors PAGE ២. ២ 17 18 19 20 21 22 25 26 34 44 3528 55 72 76 PART IV . THE WINDING - UP OF PUBLIC COMPANIES.
... . ) Introductory hints . ( b . ) List of Books and remarks thereon ( c . ) Balance Sheet and Accounts ( d . ) The duties of Auditors PAGE ២. ២ 17 18 19 20 21 22 25 26 34 44 3528 55 72 76 PART IV . THE WINDING - UP OF PUBLIC COMPANIES.
Page 49
... AUDITORS . The first auditors are generally appointed ( and their re- muneration fixed ) by the directors , and subsequent auditors ( and their remuneration fixed ) by , the company , in general meeting , each year .- ( R . 84 , 87 and ...
... AUDITORS . The first auditors are generally appointed ( and their re- muneration fixed ) by the directors , and subsequent auditors ( and their remuneration fixed ) by , the company , in general meeting , each year .- ( R . 84 , 87 and ...
Page 50
... auditors , shall apply to him .- ( R . 85. ) If no election of auditors is made , the Board of Trade may , on the application of not less than five members of the company , appoint an auditor for the current year , and fix the amount ...
... auditors , shall apply to him .- ( R . 85. ) If no election of auditors is made , the Board of Trade may , on the application of not less than five members of the company , appoint an auditor for the current year , and fix the amount ...
Page 53
... auditors well know that in the majority of cases that come before them , this most important branch of the ... auditor has to unravel as best he can . Instead , therefore , of merely comparing the balance sheet and accounts with ...
... auditors well know that in the majority of cases that come before them , this most important branch of the ... auditor has to unravel as best he can . Instead , therefore , of merely comparing the balance sheet and accounts with ...
Page 54
... auditors , see Cl . 166 to 185 . With regard to the books required by public companies it has been deemed advisable to give the stationer's list in extenso , and to place opposite to each a number referring to the clause wherein its ...
... auditors , see Cl . 166 to 185 . With regard to the books required by public companies it has been deemed advisable to give the stationer's list in extenso , and to place opposite to each a number referring to the clause wherein its ...
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.