386
Articles of Association—continued
where no power in, Court’s sanction required, 93
form of transfers of shares usually provided for by, 60
guarantee or unlimited companies, 10, 11, 20
increase of capital must be authorised by, 31
infants, often prohibit transfers of shares to, 105
inspection of books, right of, cannot be prevented by, 24
interim dividends, under, 187
interpretation of, 27
legal effect of, 24
lien, usually provide for, 93
meaning Of, if doubtful, how ascertained, 27
meetings should be provided for, by, 21, 131 éf seq.
adjournment of, 140
annual general, 131
chairman of, 134
convening of, 131, 132
directors to summon meetings, 132
meetings of different classes, 140
poll at, 137
proxies, 136, 138
quorum, as to, 134
resolutions, declaration of chairman at, 135
right to vote at, under, 135
if calls due, may prevent, 136
members, how far bound by, 24
members inter se, how affected by, 24
memorandum of association of company compared with, 11
inconsistency between, 27
nature of, 11, 23
outsiders, effect on, 25
personal representative, may provide for shares to be held by, 84
poll, taking of, should be provided for, by, 21
preference shares, may be altered to authorise issue of, 28
private companies, alteration of, in case of, 291, 293
employees as members, 288
members’ right of pre-emption on transfers, 28a
number of subscribers to, 289
provisions necessary in case of, 7
share warrants to bearer, must not authorise, 289
powers of company cannot be extended by, 23
provisions, what should be inserted in, 21
public company becoming private, 293
public document, a, 26 }
redeemable preference shares, power to create, 22, 39
reduction of capital must be authorised by, 34
registration of, under Act of 1929, 20
regulations of company, how may differ from articles, 23
reserve fund, provision for, 22
schemes of reconstruction, alteration of rights of shareholders, 213
secretary, duty of, regarding, 29
shareholders’ rights fixed by, how may be modified, 37, 213
share warrants, conditions of, provided by, 110
must not authorise issue of. in case of private companies, 289
signatures to, 7, 20 oo
special resolutions, copies of, to be annexed to, or embodied in. 161
stamp duty on, 7, 8, 354, 574
statutory rights of members cannot be abrogated by. 23

INDEX