Full text : Secretarial practice

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Share capital, allotment and application account—continued
transfer by bank to current banking accounts, 173
writing off commissions on share issues, 173
Shares, 10, 31 et seq. And see also Capital ; Shareholder: Share
warrant ; Stock
agreement to take, how may be expressed, 41
allotment of. And see Allotment
resolution for, form of, 161
annual summary, particulars of, in, 102
application for, 41, 55, 56 '
» agent, may be made by an, 55
application for, forms, 446, 447
application for, in fictitious name, 56
application for, legal decisions upon, 55
application for, withdrawal of, 55
communicated to clerk or secretary, 55
arbitrator, when value determined by, 215
articles of association may alter rights, 37
balance of unpaid, when may be payable, 91
balance receipt, 72
Bankruptcy Act, 1914, not within, 37
bonus, 173, 190
calls on. See Calls
cancellation of, 34
cash book, 172
cash, shares allotted as paid otherwise than in, 50, 217, 377
stamp duty on, adjudication of, 51, 378
cash, shares need not be paid in, 8
certificate, 42, 80. And see Certificates
forms of, 433, 435, 437
fractional, form of, 442
certificate, completion of, time for, 53
certificate, preparation of, 8o
receipt for share warrants in exchange for, form, 483
certificate, Stock Exchange requirement as to, 415
certificate, surrendered, how disposed of in company’s office, 350
chose in action, is a, 37
classes of, 37, 38 .
preferential rights as to, 38
special voting rights, 38
commission on issue of, 95. And see Commission ; Underwriting
commission
commission on issues of, to be written off, 173
company not to purchase own, 15, 40
condition precedent, application subject to, 56
consolidation of, 32, 223. Aud see Consolidation
consolidation of, into stock (statutory company), 356
corporation may hold, 41, 42
coupons, 192
debentures, offer of, may accompany, 47
discount, may be issued at, 39. And see Discount
when illegal, effect on allottee, 39
dividend. See Dividends
cumulative, what is a, 38
division of one class into another, 34
equitable interests in, 63, 64
exchange of, 95
financial assistance, provision of, for purchase of its own, illegal, 40

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