[I2

SECRETARIAL PRACTICE
7. Each share warrant shall be in such language and form as the
directors shall think fit. The number originally attached to each
share shall be stated in the share warrant.
8. Coupons payable to bearer, of such number as the directors shall
think fit, shall be attached to the share warrants providing for the
payment of the dividends in respect of the share or shares included
therein, and there shall be attached to each share warrant a talon or
voucher exchangeable in due course for a fresh sheet of coupons and
talon (comprising so many coupons as the directors shall determine),
providing for the payment of subsequent dividends upon or in respect
of such share or shares, and upon production and surrender of the
appropriate talon, a fresh sheet of coupons with appropriate talon
shall be issued to the person making such production and surrender.

9. Each coupon shall be distinguished by the number of the share
warrant to which it belongs, and by a number showing the place it
holds in the series of coupons belonging to the share warrant. The
coupons shall not be expressed to be payable at any particular period,
nor shall they contain any statement as to the amount which shall be
payable.
10. Upon any dividend being declared to be payable upon the share
or shares specified in any share warrant, the directors shall publish
an advertisement in one daily newspaper published in London, and in
such other newspapers, if any, as they shall think fit, stating the
amount per share or per cent. payable, the date and place or places
of payment, and the serial number of the coupon to be presented, and
thereupon any person presenting and delivering up a coupon of that
serial number at the place or one of the places stated in the said ad-
vertisement shall be entitled to receive at the expiration of such
number of days (not exceeding five), after so delivering it up as the
directors shall from time to time direct, the dividend payable on the
share or shares specified in the share warrant to which the said coupon
shall belong, according to the notice which shall have been so given by
advertisement.

11. The company shall be entitled to recognise an absolute right in
the bearer for the time being of any coupon so advertised as aforesaid
for payment to such amount of dividend on the share warrant whereto
the said coupon shall belong as shall have been as aforesaid declared
payable upon presentation, and delivery of such coupon shall be a
good discharge to the company accordingly.

12. If any share warrant or coupon be worn out or defaced, the
directors may, upon the surrender thereof for cancellation and upon
payment by the applicant of the stamp duty imposed upon the issue
of a new warrant and of such fee as the directors shall determine,
issue a new one in its stead.

13. No person shall as bearer of a share warrant be entitled (a) to
sign a requisition for calling a meeting or to give notice of his intention
to submit a resolution to a meeting, or (b) to attend or to exercise
any privilege as a member at a meeting unless he shall in case (a) before
or at the time of lodging such requisition or giving such notice of
intention as aforesaid, or in case (b) three days at least before the
day fixed for the meeting have deposited at the registered office of the
company or elsewhere, as the directors shall from time to time deter-
mine, the share warrant or warrants in respect of which he claims to act
and vote as aforesaid, and unless the share warrant shall remain so
deposited until after the meeting and anv adjournment thereof shall