Material zur Lage der Bergarbeiter während des Weltkrieges

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Monograph

Identifikator:: 1009139274

URN:: urn:nbn:de:zbw-retromon-23341

Document type:: Monograph

Title:: Material zur Lage der Bergarbeiter während des Weltkrieges

Place of publication:: [Bochum]

Publisher:: [Verband der Bergarbeiter Deutschlands]

Year of publication:: 1919

Scope:: 1 Online-Ressource (383 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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744 SECRETARIAL PRACTICE 4. Every person whose name is entered as a member in the register of members shall, without payment, be entitled to a certifi- cate under the seal of the company specifying the share or shares held by him and the amount paid up thereon, provided that in respect of a share or shares held jointly by several persons the company shall not be bound to issue more than one certificate, and delivery of a certificate for a share to one of several joint holders shall be sufficient delivery to all. 5. If a share certificate is defaced, lost, or destroyed, it may be renewed on payment of such fee, if any, not exceeding one shilling, and on such terms, if any, as to evidence and indemnity, as the directors think fit. 6. No part of the funds of the company shall directly or indirectly be employed in the purchase of, or in loans upon the security of, the company’s shares, but nothing in this regulation shall prohibit transactions mentioned in the proviso to section 45 (1) of the Act Lien. 7. The company shall have a lien on every share (not being a fully paid share) for all moneys (whether presently payable or not) called or payable at a fixed time in respect of that share, and the company shall also have a lien on all shares (other than fully paid shares) standing registered in the name of a single person for all moneys presently payable by him or his estate to the company; but the directors may at any time declare any share to be wholly or in part exempt from the provisions of this regulation. The company’s lien, if any, on a share shall extend to all dividends payable thereon. 8. The company may sell, in such manner as the directors think fit, any shares on which the company has a lien, but no sale shall be made unless some sum in respect of which the lien exists is presently payable, nor until the expiration of fourteen days after a notice in writing, stating and demanding payment of such part of the amount in respect of which the lien exists as is presently payable, has been given to the registered holder for the time being of the share, or the person entitled thereto by reason of his death or bankruptcy. 9. For giving effect to any such sale the directors may authorise some person to transfer the shares sold to the purchaser thereof The purchase shall be registered as the holder of the shares com- prised in any such transfer and he shall not be bound to see to the application of the purchase money, nor shall his title to the shares be affected by any irregularity or invalidity in the proceedings in reference to the sale. 10. The proceeds of the sale shall be received by the company and applied in payment of such part of the amount in respect of which the lien exists as is presently payable, and the residue shall (subject to a like lien for sums not presently payable as existed upon the shares prior to the sale) be paid to the person entitled to the shares at the date of the sale.

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