980
Transfer of shares—continued
Inland revenue circular as to, 77, 385 ef seq.
opinion of I.R. Commrs., 375
voluntary dispositions inter vives, 358. And see voluntary
disposition, infra
statutory companies, in, 301, 302
deed, must be by, 301
Stamp on, 301
fees, 302
form of, 3o1
legal interest in, 302
personal representatives, by, 303
Stock Exchange requirements, 68, 6g
transferee’s title on registration, 81
transferor, duty of on a, 82
transmission of shares, how differs from, 83
trustees may be registered in representative capacity (Scottish
Companies), 306
verbal, now prohibited, 68
voluntary dispositions, unter vivos, duty on, 358
adjudication stamp, 358, 376
value of shares or stock determines rate, 358
winding up, original shareholders’ liability on a, 83
witnesses to, 77
Transmission
articles of association, executor’s rights usually fixed by, 83, 84
compelled, how may be, 8g
executor, company may be, 88
executor, death of sole, 85
executors, title to shares, 85
transfer by, 85
where noted on register, 8g
fees on (statutory companies), 305
object of clause, 84
registration in personal capacity, 89, 303
statutory companies, how differ from ordinary companies as
regards, 303
authentication of, 304
personal representative registered in personal capacity, 303
Table A, provisions, 85
voting rights upon, articles usually provide for, 136
Transvaal, see South Africa (Union of), 851
Travelling audit, 169
Travelling expenses
advances for, how dealt with in accounts, 167
Trusts. See Company
company not bound to recognise, 64
not to be entered on register, 63, 614
Scottish companies, recognised by, 306
Trust Corporation, 88
Trust deed, 195
advantages of, 195
bearer debentures, even if secured by, 198
charge by way of legal mortgage, 195
copy of, debenture holders entitled to, 204
debenture holder may sue by virtue of, 19€
deed, contents of, 195
demise to trustees, 195

INDEX