932 
Memorandum of Association—continued 
infant subscriber to is a ‘ person ’ within s. 1 of Act of 1929, 104 
members of a company, subscribers to, become, 41 
modification of rights, provision for, in, 32 
name of company. See Name of Company 
nature of, 11 
objects clause in, 15-17. And see Objects of Company 
alteration of, how obtained, 18 
preference shares, can be issued unless forbidden by, 32 
private companies, subscribers in case of, 289 
prospectus must state contents of, 775 
reconstruction schemes under powers in, 219 
registrar, delivery to, 7 
registration of, 9 
effect of, 9 
sales of Company’s property authorised by, as to, 220 
schemes of arrangement, shareholders’ rights when fixed by, 
213, 214 . 
shareholders’ rights fixed by, alteration of, 214, 222 
stamp on, 6, 8, 354 
subscribers to, 6, 41 
aliens, corporations, married women, etc., 8 
allotment of shares to, 8 
interest in company not necessary, 8 
private companies, in case of, 6, 289 
unlimited company, in case of an, 10, 770 
who may subscribe to, 8 
winding up, distribution of assets on a, provided for, when, 263 
‘ surplus assets,” provision for, 263 
Memorandum of satisfaction, zo4 
Mineral seams 
allowance for exhaustion from income tax, 326 
Minimum subscription, 45 ef seq. 
Act of 1908, under, object of, 46 
Act of 1929, alteration of law by, 46 
allotment, none before receipt of, 46, 48 
avoidance of contract, 49 
notice, 49 
cheque, acceptance of, 46 
compensation for issue of shares before, 49 
directors liable if allotment made before, 49 
‘ knowingly,” meaning of, in case of illegal act of directors, 50 
prospectus, stated in, 46 
public issue, not required where no, 48 
statutory declaration as to, 47 
Minority 
alteration of company’s articles must not be oppressive to, 29 
under debenture trust deeds, 195 
Minutes, 141, 333. And see Agenda 
access to minute book, undesirable, 337 
accounting transactions to be recorded by, 176 
accuracy of, essential, 333 
evidence afforded by, 333 
agenda book, as to keeping, 334 
alterations in, as to, 333, 3:5 
how made, 335 
initialing by chairman, 333 
permissible. what are, 333 
INDEX