COMPANIES ACT, 192¢ 
(2) Such a warrant as aforesaid is in this Act termed a ‘‘share 
warrant.” 
(3) A share warrant shall entitle the bearer thereof to the 
shares therein specified, and the shares may be transferred bv 
lelivery of the warrant. 
71. If any person falsely and deceitfully personates any owner 
of any share or interest in any company, or of any share warrant or 
coupon, issued in pursuance of this Act, and thereby obtains or 
endeavours to obtain any such share or interest or share warrant or 
coupon, or receives or endeavours to receive any money due to 
any such owner, as if the offender were the true and lawful owner, 
he shall be guilty of felony, and shall on conviction thereof be liable, 
at the discretion of the court, to be kept in penal servitude for 
life or for any term not less than three years. 
72.—(1) If in Scotland any person— 
{a) with intent to defraud, forges or alters, or offers, utters, 
disposes of, or puts off, knowing the same to be forged 
or altered, any share warrant or coupon, or any document 
purporting to be a share warrant or coupon, issued in 
pursuance of this Act; or 
by means of any such forged or altered share warrant, 
coupon, or document, purporting as aforesaid, demands 
or endeavours to obtain or receive any share or interest 
in any company under this Act, or to receive any dividend 
or money payable in respect thereof, knowing the warrant, 
coupon, or document to be forged or altered; 
he shall be guilty of felony and shall on conviction thereof be liable 
at the discretion of the court to be kept in penal servitude for lif: 
or for any term not less than three years. 
} 
(2) If in Scotland any person without lawful authority 
excuse, proof whereof shall lie on him— 
(a) engraves or makes on any plate, wood, stone, or other 
material any share warrant or coupon purporting to be— 
(1) a share warrant or coupon issued or made by any 
particular company in pursuance of this Act; or 
(i) a blank share warrant or coupon so issued 
made; or 
(iii) a part of such a share warrant or coupon; or 
uses any such plate, wood, stone, or other material for 
the making or printing of any such share warrant or coupon, 
or of any such blank share warrant or coupon, or any nart 
thereof respectively; or 
knowingly has in his custody or possession any such nlate, 
wood, stone, or other material; 
he shall be guilty of felony, and shall on conviction thereof be 
liable, at the discretion of the court, to be kept in penal servitude 
for any term not exceeding fourteen years and not less than three 
vears. 
or 
Penalty for 
personation of 
shareholder. 
Offences in con- 
ection with 
share warrants 
in Scotland,