SHARE WARRANTS

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have been held. The names of more than one as joint holders of a
share warrant shall not be received, and the board may, if it deem
necessary, require from the depositor of share warrants as above a
statutory declaration to the effect that he is the owner of the share
warrant or warrants so deposited, and may endorse on such share
warrant or warrants a statement of the fact, date, purpose and con-
sequence of its or their production.

14. The company shall deliver to the person so depositing a share
warrant, a certificate stating his name and address and the number of
shares represented by such share warrant, and the certificate shall
entitle him to attend and vote at a meeting in respect of the shares
specified therein in the same way as if he were a registered member.
Upon delivering up the said certificate to the company or its representa-
tives, the share warrant or warrants in respect whereof it shall have
been given shall be returned.

The certificate may be as follows: —

THE ‘A’ COMPAN .
Ae a
No..... ..

This is to certify that ...... of....
has in accordance with the regulations of the com:
pany deposited the undermentioned share warrants,
in respect of which he is entitled to attend the general
meeting of the company to be held at.
on the. ....dav of...

For THE ‘A’ CoMPANY LID. Secretary
{Particulars of share warrants deposited.)
15. No holder of a share warrant is to be entitled to exercise any of
the rights of a member (save as hereinbefore expressly provided in
respect of meetings) without depositing such share warrant and
stating his name and address, and (if and when the directors so require)
making a declaration in writing in such form and authenticated in
such manner as they may require, that he is the true owner of the
share warrant so deposited, and permitting an endorsement to be made
thereon of the fact, date, purpose and consequence of its deposit.

16. If the holder of a share warrant shall surrender it to be can-
celled, together with all outstanding dividend coupons, and shall
therewith lodge at the registered office of the company or at such
other office as the directors may determine, a declaration in writing
signed by him in such form and authenticated in such manner as the
directors require, requesting to be registered as a member in respect
of the shares specified in the said share warrant and stating in such
declaration his name and address and occupation, and upon payment
of such fee as the directors shall determine, he is to be entitled to have
his name entered as a member in the register of members of the com-
pany and to receive the ordinary certificate for shares in respect of
of the shares specified in the share warrant so surrendered.

17. The directors may from time to time vary the above conditions,
and the holder of a share warrant or warrants shall be subject to any
conditions made by the directors in accordance with the provisions
of article of the articles of association of the company, either before
or after the issue of the share warrants