346 SECRETARIAL PRACTICE The Principal Act—No. 28 of 1929—is based largely on the English (Consolidation) Act of 1908. = There are, however, several noints worthy of notice: Limits the membership of unincorporated companies for all purposes to 20 persons. Any three or more persons may form a company for purposes other than constructing railways or telegraph lines, or conducting the business of an insurance, loan or trust company. The memorandum of association has a sixth clause, stating whether the company does or does not intend to invite the public to subscribe for its shares or debentures. Allows all or any of the shares of a company to be issued without nominal or par value. I a company may change its name by special resolution and application to the provincial registrar. At least one month’s notice must be given in the Saskatchewan Gazette. All companies working for profit and carrying on business in Saskatchewan must register under the Act, provincial companies upon incorporation and extra-provincial companies within chirty days after commencing business in the Jrovince. Upon registration, all companies other than companies not for profit, and Dominion companies, receive a licence from the registrar which must he renewed annually. 35. Every extra provincial company must before registration, file with the registrar a duly executed power of attorney under its common seal in form approved by the registrar empowering some person therein named and residing in some one of the cities, towns or villages of Saskatchewan to act as its attorney for the purpose of receiving service of process nn behalf of the company. J. +8. All companies registered under the Act must file an annual list and summary not later than the 1st March in each year after the date of its registration. 89. A special resolution is necessary for a change in the situation of the registered office.