The Law and Practice of Joint Stock Companies Under the Canadian Acts: A Practical Treatise on the Law of Commercial Stock Associations in the Form of a Commentary on the Canada Joint Stock Companies' Act, 1877 with which is Included Most of the Other Companies' Acts, Both General and Local, as Also a Number of Forms Relating to the Management of Such Companies

Front Cover
Carswell, 1881 - 627 pages
 

Other editions - View all

Common terms and phrases

Popular passages

Page 84 - Local Works and Undertakings other than such as are of the following Classes: — a) Lines of Steam or other Ships, Railways, Canals, Telegraphs, and other Works and Undertakings connecting the Province with any other or others of the Provinces, or extending beyond the Limits of the Province...
Page 474 - ... amount in respect of one call or more upon one share or more (stating the number and amount of each of such calls), whereby an action hath accrued to the company by virtue of t.hia and the special Act.
Page 546 - If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing...
Page 545 - No person holding stock in any such company as executor, administrator, guardian or trustee, and no person holding such stock as collateral security, shall be personally subject to any liability as stockholder of such company...
Page 352 - Company, by by any agent, officer or servant of the Company, in general accordance with his powers as such under the by-laws of the Company, shall be binding upon the Company ; and in no case shall it be necessary to have the seal of the Company affixed...
Page 193 - ... evidence of the fact, without proof of the number or proportion of the votes recorded in favour of or against such resolution...
Page 525 - Member, and of the costs, charges, and expenses of winding up the same, and for the adjustment of the rights of the contributories amongst themselves...
Page 385 - 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 542 - The ninth section provides that "the stock of the company shall be deemed personal estate, and shall be transferable in such manner as shall be prescribed by the by-laws of the company...
Page 504 - ... shall be liable in like manner, and to the same extent as the testator or intestate, or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.

Bibliographic information