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" 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... "
Trade Promotion Series - Page 134
1933
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The Weekly Notes, Volume 41

Frederick Pollock - Law - 1906 - 618 pages
...shall (subject to a like lien for sums not presently payable as existed upon the shares prior to ttie sale) be paid to the person entitled to the shares at the date of the sale. The purchaser shall be registered as the holder of the shares, and he shall not be bound to see to...
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The Accountant, Volume 35

Accounting - 1906 - 964 pages
...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. The purchaser shall be registered as the holder of the shares, and he shall not be bound to see to...
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Accounting and Banking

Alfred Nixon, J. H. Stagg - Accounting - 1907 - 498 pages
...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. The purchaser shall be registered as the holder of the shares, and he shall not be bound to see to...
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Encyclopædia of Accounting, Volume 8

George Lisle - Accounting - 1907 - 524 pages
...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. The purchaser shall be registered as the holder of the shares, and he shall not be IxMiiul to see to...
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Commercial Law

Alfred Nixon - Commercial law - 1907 - 336 pages
...shares. — The revised Table A contains the following clauses in regard to this Important matter : — " The directors may from time to time make calls upon the members in respect of any monies unpaid on their shares, provided that no call shall exceed onefourth of the nominal value of...
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Statutes of the Province of British Columbia

British Columbia - Law - 1910 - 676 pages
...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. The purchaser shall be registered as the holder of the shares, and he shall not be bound to see to...
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Practical Auditing

Ernest Evan Spicer - Auditing - 1911 - 796 pages
...in the purchase of. or in loans upon the security of, the company.s shares. (b) Calls on Shares. 12. The directors may from time to time make calls upon...on their shares, provided that no call shall exceed one-fourth of the nominal amount of the share, or be payable at less than one month from the last call...
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Company Law: A Practical Handbook for Lawyers & Business Men, with an ...

Francis Beaufort Palmer - Corporation law - 1911 - 834 pages
...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. The purchaser bhall be registered as the holder of the shares, and he shall not be bound to see to...
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Statutes of the Province of British Columbia

British Columbia - Law - 1914 - 900 pages
...Act, 1914.'' " Minister" shall mean the Minister of Finance and Agriculture. , Calls on Shares. 2. The directors may from time to time make calls upon...any moneys unpaid on their shares: Provided that, in the case of an association which has obtained a Government loan, no call shall be made upon any...
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The Acts of the General Assembly of Prince Edward Island

Prince Edward Island - Law - 1914 - 724 pages
...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. The purchaser shall be registered as the holder of the shares, and he shall not be bound to see the...
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