TRANSFER AND TRANSMISSION OF SHARES 63 
both in the case of shares acquired by a member by transfer 
and in the case of shares transferred by him, to the transfer 
numbers. Some Companies provide also for the numbers 
of the share certificates issued being shown in the Register 
of members. A form of Share Register will be found in 
Appendix F (Form 28). 
In the case of the issue of share warrants, the name of the 
holder must be struck out of the register, as if he had ceased 
to be a member, and there must be entered in the register 
(i) the fact of the issue of the warrant; (ii) a statement of 
the shares or stock included in the warrant, distinguishing 
each share by its number; and (iii) the date of the issue of 
the warrant. Until the warrant is surrendered, these par- 
ticulars are to be deemed to be the particulars required by 
the Act to be entered in the register. On the surrender of 
the warrant the date of the surrender must be entered 
[s. 97 (1) (4)]. On surrendering the warrant for cancellation 
the bearer is entitled to be registered as a member in the 
ordinary way [s. 97 (2)]. 
In the case of joint accounts, it is undesirable for the 
number of holders to exceed four; but to enable a company 
to insist on this limitation its articles should contain an 
appropriate provision, failing which the names of all joint 
holders, however many, must be entered on the register. 
If more than one account is allowed in the same name or names, 
appropriate designations for the respective holdings would be 
‘Jones No. 1 Account’, ‘ Jones No. 2 Account,” and so on. 
Joint holders may, in order that their voting rights may be 
fully exerciseable have their holdings split, a different 
name appearing first in each entry in the register [Burns 
v. Siemens Brothers (1919), 1 Ch. 225]. Any such applica- 
tion must be joint by all the holders. 
As regards alterations of names in the register, in the case 
of the marriage of a female shareholder, the marriage certi- 
ficate should be produced before the necessary alteration 
is made. A Form of Request is useful as giving a specimen 
of the new signature. In other cases of change of surname 
the deed-poll, or copy of the London Gazette containing the 
notification, should be produced. Any other documentary 
evidence should be verified by a statutory declaration. In 
all the above cases no new share certificate need be issued, 
but the existing certificate should be produced and the new 
names enfaced thereon. 
There is a prohibition against the entry of trusts on the Trusts 
register. ‘No notice of any trust, express, implied, or con- 
structive, shall be entered on the register. or be receivable 
Share 
Warrants.