DOMINION LEGISLATION—NEWFOUNDLAND 847
S. 91. An annual general meeting must be held by all
companies, once at least in every calendar
year and not more than 18 months after the
holding of the last preceding general meeting.

The Public Utilities Companies Act applies to all gas, electricity
and water supply companies. The Winding-up Acts deal with
winding-up on grounds other than insolvency and their provisions
are almost identical with the other Provincial Winding-up Acts.

NEWFOUNDLAND.

Company law in Newfoundland is governed by the Companies
Act 1916 (Ch. 127 of the Consolidated Statutes), as amended
by ch. 14 of 1920 and ch. 18 of 1929. The provisions of the
main Act of 1916 are almost identical with those of the English
Act of 1908, and the two amending Acts have altered it but
slightly, the Act of 1920 referring solely to the registration of
existing companies and that of 1929 relating exclusively to fees.
There are one or two differences between the law of the Province
and English law which are:—

company or association mav be formed under
the Act fer the nnrn-se ¢ carrying on the
business or pankins
v three or more persons may form a company.
Jeneral meeting must be held once at least in
every year. (There is no provision that it
must not be held at a greater interval than
fifteen months from the holding of the previous
general meeting).
<very company must hold a general meeting
within four months after its memorandum of
association 1s registered.

change of name must be by special resolution
together with the approval of the Governor-in-Council
 testified in writing under the hand of
the Colonial Secretary.

special resolution is one passed by a threequarters
 majority under the same conditions
as under the English Act of 1908. The con-Armatory
 meeting, however, may be held at
an interval of not less than seven days and not
more than one month from the date of the
holding of the first meeeting.
a1y company may agree in writing to refer to
arbitration any existing or future difference
arising between itself and another companv or
3erson.