Secretarial practice

Bibliographic data

Monograph

Identifikator:: 1828236004

URN:: urn:nbn:de:zbw-retromon-249926

Document type:: Monograph

Title:: Secretarial practice

Edition:: fourth edition

Place of publication:: Cambridge

Publisher:: W. Heffer & Sons Ltd

Year of publication:: 1930

Scope:: viii, 987 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

DOMINION LEGISLATION—AUSTRALIA 827 The Banking Companies Act, No. 1 of 1837. The Banking Companies Amendment Act, No. 24 of 1905 The Life Assurance Companies Act, No. 12 of 1889. The Life Assurance Companies Amendment Act, No. 12 of 1905. The Insurance Companies Acts, Nos. 19 of 1918 and 34 of 1923. The following provisions of the Companies Acts are note- worthy :— "© Any five or more persons may form a limited or un- limited company or, if formed for mining purposes, a mno-liability company. Before registration can be obtained by a no-liability company, 5 per cent. of the nominal capital must have been paid up in cash. The directors of every company must appoint a secretary who must be present in person, or by agent or clerk, at the office while it is open to the public. S. 158. Unless otherwise provided by the memorandum or articles, no call may be made in a winding-up merely for the benefit of vendors’ shares in order to place them on an equality with shares said for in cash. Foreign Companies. By these sections as amended by the Companies Act Amendment Acts noted above (which refer exclusively to foreign companies), it is provided that a foreign company must appoint an attorney resident in the Colony empowered to sue and be sued in any civil or criminal proceedings, and must file, together with the power of attorney, a declaration giving details as to the incorpora- tion of the company. A foreign company must have an office in the State where docu- ments can be served. Three months’ notice of tention on the part of a foreign company to cease business must be given in the Government Gazette, and for three months after such publica- tionlegal and other documents may be served on the attorney or at the company’s office. It is further provided that every foreign company carrying on business within the State must zeep a Colonial register. There are no provi- sions relating to share warrants to bearer. ‘No-liability’ Companies. The provisions re- lating to ‘no-liability’ companies are substan- tially the same as in New South Wales (q.v.). The Dividend Duties Acts apply to every incorporated company carrying on business in Western Australia (excepting Friendly Societies and [.ife Assurance companies) Thev provide for the - -

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