980 
Transfer of shares—continued 
Inland revenue circular as to, 77, 385 ef seq. 
opinion of I.R. Commrs., 375 
voluntary dispositions inter vives, 358. And see voluntary 
disposition, infra 
statutory companies, in, 301, 302 
deed, must be by, 301 
Stamp on, 301 
fees, 302 
form of, 3o1 
legal interest in, 302 
personal representatives, by, 303 
Stock Exchange requirements, 68, 6g 
transferee’s title on registration, 81 
transferor, duty of on a, 82 
transmission of shares, how differs from, 83 
trustees may be registered in representative capacity (Scottish 
Companies), 306 
verbal, now prohibited, 68 
voluntary dispositions, unter vivos, duty on, 358 
adjudication stamp, 358, 376 
value of shares or stock determines rate, 358 
winding up, original shareholders’ liability on a, 83 
witnesses to, 77 
Transmission 
articles of association, executor’s rights usually fixed by, 83, 84 
compelled, how may be, 8g 
executor, company may be, 88 
executor, death of sole, 85 
executors, title to shares, 85 
transfer by, 85 
where noted on register, 8g 
fees on (statutory companies), 305 
object of clause, 84 
registration in personal capacity, 89, 303 
statutory companies, how differ from ordinary companies as 
regards, 303 
authentication of, 304 
personal representative registered in personal capacity, 303 
Table A, provisions, 85 
voting rights upon, articles usually provide for, 136 
Transvaal, see South Africa (Union of), 851 
Travelling audit, 169 
Travelling expenses 
advances for, how dealt with in accounts, 167 
Trusts. See Company 
company not bound to recognise, 64 
not to be entered on register, 63, 614 
Scottish companies, recognised by, 306 
Trust Corporation, 88 
Trust deed, 195 
advantages of, 195 
bearer debentures, even if secured by, 198 
charge by way of legal mortgage, 195 
copy of, debenture holders entitled to, 204 
debenture holder may sue by virtue of, 19€ 
deed, contents of, 195 
demise to trustees, 195 
INDEX