Trade Promotion Series, Issue 147U.S. Government Printing Office, 1933 - United States |
From inside the book
Results 1-5 of 41
Page 6
... ment must appear in the memorandum to the effect that each member undertakes to contribute to its assets in the event of its being wound up while he is a member , or within 1 year after he ceases to be a member , and to the costs ...
... ment must appear in the memorandum to the effect that each member undertakes to contribute to its assets in the event of its being wound up while he is a member , or within 1 year after he ceases to be a member , and to the costs ...
Page 8
... ment of the company are designated the " Articles of Association . " They form a binding contract as between members 20 and between 20 Borland v . Steel Bros. [ 1901 ] , 1 Ch . 279 . each member and the company , but do not bind 8 ...
... ment of the company are designated the " Articles of Association . " They form a binding contract as between members 20 and between 20 Borland v . Steel Bros. [ 1901 ] , 1 Ch . 279 . each member and the company , but do not bind 8 ...
Page 11
... ment by which the offer to the public is made is to be considered a prospectus issued by the company ( sec . 38 , Companies Act ) . Per- sons making such offer are liable as if they were directors , but the directors ' liability does ...
... ment by which the offer to the public is made is to be considered a prospectus issued by the company ( sec . 38 , Companies Act ) . Per- sons making such offer are liable as if they were directors , but the directors ' liability does ...
Page 12
... ment in lieu of prospectus will have a right to rescind the contract to take shares , for the statement in lieu of prospectus has become the basis of the contract between the allottee and the company.30 The rules as to statements in a ...
... ment in lieu of prospectus will have a right to rescind the contract to take shares , for the statement in lieu of prospectus has become the basis of the contract between the allottee and the company.30 The rules as to statements in a ...
Page 14
... ment of shares , a resolution of the board of directors is passed . A minimum subscription " is necessary , that is , the minimum amount of capital which the directors or promoters have fixed beforehand as to the amount necessary to ...
... ment of shares , a resolution of the board of directors is passed . A minimum subscription " is necessary , that is , the minimum amount of capital which the directors or promoters have fixed beforehand as to the amount necessary to ...
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Common terms and phrases
ad valorem agent allotment allowance amount annual payments annual value annuities apply appointed articles of association assets auditors authorized Britain certificate chargeable charged commissioners Companies Act COMPANY LAW company's computed contract contract notes contributories corporation court creditors debentures debt deed directors dividends dominion duty payable England entitled exceed exceeding exemption extraordinary resolution Finance Act floating charge foreign holders Income Tax Act Inland Revenue interest issued lands liability limited liquidator marketable security meeting memorandum ment months mortgage nominal nonresident notice number of shares pany percent person plant and machinery private company profits purpose rate of tax received registered Registrar of Companies relief remuneration rent resident respect rule share capital shareholders special resolution stamp duty standard rate statutory subscribe surtax taxpayer thereof tion total income trade transfer trustees ultra vires United Kingdom vote
Popular passages
Page 141 - All acts done by any meeting of the directors, or of a committee of directors, or by any person acting as a director, shall, notwithstanding that it be afterwards discovered that there was some defect in the appointment of any such...
Page 141 - The directors may, before recommending any dividend, set aside out of the profits of the company such sums as they think proper as a reserve or reserves...
Page 6 - ... to carry on some business which under existing circumstances may conveniently or advantageously be combined with the business of the company...
Page 141 - Subject to the rights of persons, if any, entitled to shares with special rights as to dividends, all dividends shall be declared and paid according to the amounts paid on the shares...
Page 134 - I AB of in consideration of the sum of paid to me by CD of do hereby transfer to the said CD, his executors, administrators, and assigns, a certain mortgage...
Page 140 - Any casual vacancy occurring in the board of directors may be filled up by the directors, but any person so chosen shall retain his office so long only as the vacating director would have retained the same if no vacancy had occurred.
Page 140 - The directors to retire in every year shall be those who have been longest in office since their last election, but as between persons who became directors on the same day those to retire shall, unless they otherwise agree among themselves, be determined by lot.
Page 134 - ... shares) standing registered in the name of a single person for all moneys presently payable by him or his estate to the company; but the directors may at any time declare any share to be wholly or in part exempt from the provisions of this regulation. The company's lien, if any, on a share shall extend to all dividends payable thereon.
Page 134 - The proceeds of the sale shall be received by the company and applied in payment of such part of the amount in respect of which the lien exists as is presently payable, and the residue shall (subject to a like lien for sums not presently payable as existed upon the shares prior to the sale) be paid to the person entitled to the shares at the date of the sale. Calls on shares.
Page 139 - The business of the Company shall be managed by the directors, who may pay all expenses incurred in...