386 
Articles of Association—continued 
where no power in, Court’s sanction required, 93 
form of transfers of shares usually provided for by, 60 
guarantee or unlimited companies, 10, 11, 20 
increase of capital must be authorised by, 31 
infants, often prohibit transfers of shares to, 105 
inspection of books, right of, cannot be prevented by, 24 
interim dividends, under, 187 
interpretation of, 27 
legal effect of, 24 
lien, usually provide for, 93 
meaning Of, if doubtful, how ascertained, 27 
meetings should be provided for, by, 21, 131 éf seq. 
adjournment of, 140 
annual general, 131 
chairman of, 134 
convening of, 131, 132 
directors to summon meetings, 132 
meetings of different classes, 140 
poll at, 137 
proxies, 136, 138 
quorum, as to, 134 
resolutions, declaration of chairman at, 135 
right to vote at, under, 135 
if calls due, may prevent, 136 
members, how far bound by, 24 
members inter se, how affected by, 24 
memorandum of association of company compared with, 11 
inconsistency between, 27 
nature of, 11, 23 
outsiders, effect on, 25 
personal representative, may provide for shares to be held by, 84 
poll, taking of, should be provided for, by, 21 
preference shares, may be altered to authorise issue of, 28 
private companies, alteration of, in case of, 291, 293 
employees as members, 288 
members’ right of pre-emption on transfers, 28a 
number of subscribers to, 289 
provisions necessary in case of, 7 
share warrants to bearer, must not authorise, 289 
powers of company cannot be extended by, 23 
provisions, what should be inserted in, 21 
public company becoming private, 293 
public document, a, 26 } 
redeemable preference shares, power to create, 22, 39 
reduction of capital must be authorised by, 34 
registration of, under Act of 1929, 20 
regulations of company, how may differ from articles, 23 
reserve fund, provision for, 22 
schemes of reconstruction, alteration of rights of shareholders, 213 
secretary, duty of, regarding, 29 
shareholders’ rights fixed by, how may be modified, 37, 213 
share warrants, conditions of, provided by, 110 
must not authorise issue of. in case of private companies, 289 
signatures to, 7, 20 oo 
special resolutions, copies of, to be annexed to, or embodied in. 161 
stamp duty on, 7, 8, 354, 574 
statutory rights of members cannot be abrogated by. 23 
INDEX