COMPANIES ACT, 192¢
(2) Such a warrant as aforesaid is in this Act termed a ‘‘share
warrant.”
(3) A share warrant shall entitle the bearer thereof to the
shares therein specified, and the shares may be transferred bv
lelivery of the warrant.
71. If any person falsely and deceitfully personates any owner
of any share or interest in any company, or of any share warrant or
coupon, issued in pursuance of this Act, and thereby obtains or
endeavours to obtain any such share or interest or share warrant or
coupon, or receives or endeavours to receive any money due to
any such owner, as if the offender were the true and lawful owner,
he shall be guilty of felony, and shall on conviction thereof be liable,
at the discretion of the court, to be kept in penal servitude for
life or for any term not less than three years.
72.—(1) If in Scotland any person—

{a) with intent to defraud, forges or alters, or offers, utters,
disposes of, or puts off, knowing the same to be forged
or altered, any share warrant or coupon, or any document
purporting to be a share warrant or coupon, issued in
pursuance of this Act; or
by means of any such forged or altered share warrant,
coupon, or document, purporting as aforesaid, demands
or endeavours to obtain or receive any share or interest
in any company under this Act, or to receive any dividend
or money payable in respect thereof, knowing the warrant,
coupon, or document to be forged or altered;

he shall be guilty of felony and shall on conviction thereof be liable
at the discretion of the court to be kept in penal servitude for lif:
or for any term not less than three years.

}

(2) If in Scotland any person without lawful authority
excuse, proof whereof shall lie on him—
(a) engraves or makes on any plate, wood, stone, or other
material any share warrant or coupon purporting to be—
(1) a share warrant or coupon issued or made by any
particular company in pursuance of this Act; or
(i) a blank share warrant or coupon so issued
made; or
(iii) a part of such a share warrant or coupon; or
uses any such plate, wood, stone, or other material for
the making or printing of any such share warrant or coupon,
or of any such blank share warrant or coupon, or any nart
thereof respectively; or
knowingly has in his custody or possession any such nlate,
wood, stone, or other material;
he shall be guilty of felony, and shall on conviction thereof be
liable, at the discretion of the court, to be kept in penal servitude
for any term not exceeding fourteen years and not less than three
vears.

or

Penalty for
personation of
shareholder.

Offences in con-
ection with
share warrants
in Scotland,