976
Stock Exchange—continued
charges for certificates forbidden by, 43
debentures, as to trust deed, 196, 414
dividends, forfeiture of, 188, 413
documents, list to be supplied to, 416
dominion, colonial and foreign companies, 420
further issues, 418
lien on shares, requirements when a, 93, 413
loans, as to, 421
permission to deal in new issues, 422
quoted on, offer for sale of shares, 60
reconstructed companies, 420
requirements, 412 ef seg. (App. D.)
share and stock certificates, 415
shares, 416
transfers, as to, 68, 69
trust deeds, as to, 414
Striking off register
dissolution of company by, 269
restoration, application for 269
Subdivision of shares
articles must authorise, 34
general meeting, must be effected in, 34
how may be divided, 34
proportion of liability, 34
special resolution for, 34
Subscribers, 8. And see Shareholder ; Member
allotment, money may be returned on, 49
Subscription
minimum, 46
taxation, allowed on charitable, etc., 325
Subsidiary company, 180
balance sheet, particulars of, in, 178
directors, remuneration from, statement of, 147, 179
meaning of, 180
Sub-underwriting contract, 99
disclosure of, in prospectus, 99
release of underwriters on acceptance of, 99
Surplus assets, 262
articles of association, meaning of, in, 263
distribution among members, 262
memorandum and articles, provision in, 263
preference shares, right tc participate in, 38
Surrender of shares, 35. 95
cancelled, whether shares are, 95
liability to forfeiture, valid notwithstanding, 95
membership ceases on, 41
reduction of capital, whether involves, 95
Survivorship, 88
joint accounts (Scottish companies), 308. And see Scottish
companies
actual words necessary, 308
effect of absence, 308 }
holder, death of one, after registration of survivorship cause.
308
Syndic
company as executor, 88

INDEX