204 SECRETARIAL PRACTICE The special resolution referred to in (1) and (2) above could be passed at the same meeting. Under the law in force before the commencement of the Act of 1929 the Registrar insisted that s. 72 of the Act of 1908 applied and required a contract signed by each director or his agent to take and pay for his qualification shares (if any). This was probably never the intention of the Legislature, and no such claim can now be made by the Registrar as the provisions of s. 140 do not apply to a company which was a private company before becoming a public company. [S. 140 (4).]