INDEX 
Canada—-continued 
Manitoba, 835 
Nova Scotia, 838 
Ontario, 839 
Quebec, 844 
Saskatchewan, 845 
Cancellation of shares 
articles must authorise, 34 
unissued shares, only applies to, 34 
Canvassing. See Offer for sale 
Cape of Good Hope, see South Africa (Union of), 851 
Capital, 31 ef seq. And see Issue of shares; Shares, Registro 
alteration of, how to be carried out, 31 ef seq, 593 
articles of association, can be authorised by, 31—_ 
amount of, to be stated in memorandum, 10, 271 
appreciation of, capital assets ; set off in, 18¢ 
authorised,” 31 
cancellation of shares, 34, 35 
articles must authorise, 2+ 
capitalisation of profits, 190 
circulating, how dividends paid if, 18¢c 
what is, 189 
consolidation of loan capital, 356 
how differs from that of share capital, 356 
consolidation of share capital, 32 
general meeting, must be effected in, 32 
notice to registrar, 32 
resolutions for, 32 
conversion and re-conversion, 
articles must authorise, 33 ~ 
eftect of, 33 
general meeting, must be effected in, 33 
notice to registrar, 33 
special resolution for, 33 
stock, how differs from shares, 33 
dividends cannot be paid out of, 188 
directors may be liable if so paid, 188 
memorandum or articles cannot authorise it, 188 
dividends, proportion of share capital regulates payment «. 
duty on, Acts relating to, 354. And see Stamp duty 
loan capital, 356, 383, 388 
share, 354, 379, 387 
fixed,” need not be maintained out of revenue, 189 
what is, 189g 
floating,” 18a 
increase of, 31 
articles must authorise, 
duty payable on, 32 
general meeting, must be effected in, 32 
notice of, to registrar, 32 
preference shares, issue of, on, ,. 
resolutions for, 32, 161 
form of, 162 
what should define, 161 
rights of existing shareholders cannot be prejudiced, 32 
Stock Exchange requirements, 418 
interest, payment of ; out of, 186 
accounts laid before companv must show, 179