INDEX
Law of Property Act, 1925—continued
mortgager, remedies of under, 196, 205
subsequent, notice of prior charge, 197
provisions as to execution of instruments, 153
provisions as to power of attorney, 271, 276, 278, 281
“purchaser,” definition of, 74
receiver, power to appoint under, 196
Lease
may be a security in Scotland, 311
Leasehold property
possession of, by liquidator, 242
disclaimer of, where onerous covenants, 243
Ledger. See Accounts.
Legacy
stamp duty on transfer of -
Legal expenses
allowance on taxation,
Legal interest
transfer of shares in statutory companies, when passes, 302
Letter of request, 87
form of, 462
Letters
allotment and regret, 53 et seq.
allotment duty on, 55, 357, 383, 588
indemnity and request, 43, 192
renunciation, 53, 357, 383, 388
form of, 477
Liability, reserve, 43
Liability, shareholders’
increase of, to contribute to share capital, by alteration of memo-
randum or articles, not binding, 43
Licence
Board of Trade, of,
dispensing with word ‘ limited,” 4, 10
land, holding, 9g
Lien, 24, 64, 93
articles usually provide for, g=
company can sue for, 24
on company’s books (in winding-up), 2471
on shares, 93
notice of, company receiving, 64
form of reply to bankers, etc., 466
solicitors’ on company's book ; effect on liquidator,
Stock exchange requirements as to, 93, 413
transfers of shares, how affected by, 93
insurance policy.
definition of, 370
duty on, 371
Limitation of liability clause. 17
‘Limited,’
abbreviated form ‘ Ltd." permissible, °
dispensing with use of word, 4, 10. 12
memorandum must contain word,
penalty for improper use of word.
penalty for improper use of word, 72
Statutory companies do not use wort
Limited liability
fate of first application to comnanie

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