Full text : Secretarial practice

STATUTORY COMPANIES

305

The fee which a statutory company may demand upon
transmission is, in the absence of any prescribed amount,
a sum not exceeding 5s. [s. 18]. As already stated, a fee of
2s. 64. may be demanded on every transfer. Apart from
these two fees, it does not appear that a statutory company
has any power to charge any other fees in respect of matters
connected with transfers and transmission; but it is usual
for a similar fee to be charged on registration of probate or
letters of administration, on proof of marriage or death, and
on registration of powers of attorney; and until the right to
demand these fees is challenged there seems no reason why
the practice should not be continued.
            
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