Manual of the law of joint stock companies in Scotland

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W. Green, 1901 - Corporation law - 302 pages
 

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Page 23 - Association contracted before the time at which he ceases to be a member, and of the costs, charges, and expenses of winding up the same, and for the adjustment of the rights...
Page 227 - ... or been guilty of any misfeasance or breach of trust in relation to the company...
Page 243 - The objects for which the company is established are " the conveyance of passengers and goods in ships or boats " between such places as the company may from time to " time determine, and the doing all such other things as "are incidental or conducive to the attainment of the above •. objects.
Page 227 - Act destroys, mutilates, alters, or falsifies any books, papers, writings, or securities, or makes or is privy to the making of...
Page 252 - Every share in any company shall be deemed and taken to have been issued and to be held subject to the payment of the whole amount thereof in cash...
Page 239 - In case of an equality of votes the chairman shall have a second or casting vote : A director may at any time summon a meeting of the directors.
Page 238 - The business of the company shall be managed by the directors, who may pay all expenses incurred in getting up and registering the company, and may exercise all such powers of the company...
Page 216 - Company, by leaving the same at their registered office, a demand under his hand requiring the Company to pay the sum so due, and the Company has for the space of three weeks succeeding the service of such demand neglected to pay such sum, or to secure or compound for the same...
Page 211 - No sum due to any member of a company, in his character of a member, by way of dividends, profits, or otherwise, shall be deemed to be a debt of the company, payable to such member in a case of competition between himself and any other creditor not being a member of the company ; but any such sum may be taken into account, for the purposes of the final adjustment of the rights of the contributories amongst themselves (a).
Page 239 - The directors mny elect a chairman of their meetings, and determine the period for which he is to hold office ; but if no such chairman is elected, or If at any meeting the chairman is not present at the time appointed for holding the same, the directors present shall choose some one of their number to be chairman of such meeting.

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