Object: Secretarial practice

390 
SECRETARIAL PRACTICE 
Where the subject matter is 
stocks, shares or marketable 
securities. 
Furnish a valuation as in- 
dicated below under the head- 
ing ‘Settlement.” With a vol- 
untary settlement, produce 
duly stamped transfers of any 
securities transferable by deed 
subject to stamp duty exe- 
cuted by the settlor in favour 
of the trustees. Where the 
securities have been vested in 
the trustees otherwise than by 
lirect transfer from the settlor 
particulars should be given. 
Furnish details and reason- 
able evidence of value, and give 
the ages of the parties con- 
cerned where the subject mat- 
ter is a reversion or a life 
interest. - 
Where the subject matter is 
property of any other descrip- 
tion, e.g. reversions, life policies, 
furniture. 
IV.—CoONVEYANCE OR TRANSFER ON ANY OCCASION EXCEPT 
SALE, MORTGAGE OR VOLUNTARY DISPOSITION 
If the Conveyance or Trans- Produce the Deed of Ap- 
fer is made on the occasion of pointment. 
the appointment of a New 
Trustee of an existing Trust. 
If the Conveyance or Trans- 
fer is made for effectuating a 
settlement. 
V.—INSTRUMENT OF DISSOLUTION OF PARTNERSHIP, 
WHETHER AGREEMENT OR CONVEYANCE 
In all cases. 
Produce a copy of the Bal- 
ance Sheet or statement of ac- 
count between the partners. 
showing— 
(a) The amount of the lia- 
bilities (separating mort- 
gages from current trade 
liabilities) ; 
The liquid assets (stock- 
in-trade, cash and book 
debts); and 
(If the fact is not dis- 
closed by the instrument) 
the share of the out- 
going partner in the part- 
nership assets. 
2)
	        
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