Company law and precedents (Volume 1) online

UNIVERSITY

OF CALIFORNIA

LOS ANGELES



SCHOOL OF LAW
LIBRARY



COMPANY LAW AND
PEECEDENTS



COMPANY LAW

AND

PRECEDENTS

SECOND EDITION



BY



ARTHUR STIEBEL, M.A.

OP ltncoln's inn, barristee-at-law

RKGIS-rnAU, COMPANIES (WINDING-UP) DEPARTMENT OF THE
HIGH COURT OF JUSTICE



VOL. I



LONDON:

SWEET AND MAXWELL, LIMITED

3, CHANCERY LANE, W.C. 2

1920



T




St J 5 ^


c^


i^xo





Printed in Great Britain

by

William Clowes & Sons, Limited,

London and Beccles.



^



PREFACE TO THE SECOND EDITION

MoEE than eight yeai's have elapsed since the puhhcation
of the first edition of this book.

During that period there has been a certain amount of
legislation, and a great number of cases have been decided.

All of this I have endeavoured to incorporate in this
edition.

I have been compelled to divide the book into two volumes,
but in other respects the very kind reception which was
accorded to the first edition has led me to keep to m}^
original plan.

Accordingly, while I have dealt with the subject from a
lawyer's point of view, I have given very special attention to
all matters which concern accountants, secretaries, auditors,
receivers, and liquidators.

I have paid special attention to bringing all questions
of practice and procedure up to date.

The Companies Acts, 1908 to 1917, and all rules and
regulations made thereunder, and such of the Stock Exchange
"Rules and Regulations as relate to official quotations and
special settlements appear once more in the Appendices,
and I have added an Appendix setting out certain circulars
issued by the Board of Inland Revenue.

Mr. J. R. Bull and Mr. R. Y. Marvin, of the Companies
(Winding-up) Department, have rendered me much valuable
assistance, and the officials of the Board of Trade have given
me every help with regard to their Department, To all these
gentlemen I offer my most sincere thanks. I should like also
to thank the Committee of the Stock Exchange for their per-
mission to publish extracts from their rules, and the Board of
Inland Revenue for allowing me to insert their circulars.

ARTHUR STIEBEL.

September, 1920.



TABLE OF CONTENTS

PAGF.

Preface . - . - - - - v

Tahle of Statutes - xiii

Table of Cases xxxix

VOLUME I

CHAPTER I

Introductory

Kepeal of Previous Acts 1

Prohibition of Large Partnerships - - - - 5

Mode of Forming Companies - - - - 8

Private Companies - - - - - 9

Effect of Kegistration -... - - - 15

Assurance Companies - - - - - 20

Registration under Part VII. of the Act - - - 29

Foreign Companies . - - - - - 37

Registi'ation Offices and Fees - ... - - 50

OHAPTEK II

Memorandum and Articles of Association

Contents of Memorandum of Association - - - 55

Name of Company - - - 59

Associations not for Profit - - - - 64

Objects and Powers of a Company - - - - 67

Capital of Company - - - - - - - - - - 91

Dealings of a Company with its own Shares - - - 93

Funds out of which Dividends may be paid - - - 97

Alterations of Capital - - - - - 108

Articles of Association - 112

Precedents for Memorandum and Articles 121

CHAPTER III

Promoters

Duties of Promoters - - 183

Agreements for Sale of Property - 191

Stamps . . - 194

Precedents for Sale Agreements .-...-. 201

Underwriting - - - - - - - - - - - 211

Precedent for Underwriting Agreenicnl .. - .. 218

Agreements for Loans on Security of Shares, etc. - . - - 221

Precedent for Agreement for Loan on Shares, etc. - , . . 224

Precedent for Pooling Agreement ..-.-.- 225



viii Table of Contents

CHAPTER IV

CONTBACT OF MEMBERSHIP AND MATTERS RELATING THERETO

FA6I

Register of Members ... - 229

Requisites for Membership .-.-.. - 242

Prospectus . . - _ 250

Statement in lieu of Prospectus 259

Minimum Subscription -. - -.-.. 263

Misrepresentations and Voidable Contracts 268

Remedy for Misrepresentations against Directors and others - - 277

Precedent for Prospectus 285

Forms of Orders against Directors - - 291

CHAPTER V

Shares

Annual List of Members and Summary 295

Payment for Shares . - - - . - 303

Lien .. - ... - .-. 323

Forfeiture 325

Certificates 329

Transfers 333

Dividends ........... 351

Votes 362

Share Warrants . . . 368

Stock 372

Rights to New Shares on Increase of Capital 373

Rights of Different Classes of Shares - - 375

CHAPTER VI

Management and Administration of Companies

Special Statutory Requirements 381

Commencement of Business ........ 392

Directors .-. - - - - - 396

Managing Director 442

Secretary 444

Meetings 447

Precedents for Notices for Meetings - - - - 473

Inspectors - - 478

Auditors 480

Accounts and Kcturns of Assurance Companicb 491

CHAPTER VII

Debentures

Borrowing Powers of Companies 523

Usual Form of Debentures and Debenture Stock . - . . 541

Form of Tiiist Deeds ...._ - - 5^3

Stamp Duties - - - - - - 570

Form of Debenture Stock Prospectus - 575

Precedents Debentures and Debenture Stock Trust Deeds - - - 581

Registration of ilortgages and Charges .. - - 624

Debenture-holders' Actions ._. - - . (548

Receivers ...-. - -. - 658

Proceedings in Action - - - - - G9S



Table op Contents ix

CHAPTER VIII

Petitions



Reduction of Capital

Alterations of Objects of Company
Re-organization of Share Capital
Compromises and Arrangements - -
Amalgamation, etc., of Assurance Business
Restoring Name to Register -
Dealings with Deposits by Assurance Companies

VOLUME II



737
798
829
834

8(36
878
887



CHAPTER IX

Winding-up

Companies that can be wound up 897

Cases for Winding-up 908

Courts having Jurisdiction 924

Transfer of Proceedings - 933

Persons who may Petition 939

Abuse of Process of Court 948

Contempt of Court 949

Security for Costs - - 952

Contents of Petition 954

Presentation and Advertisement of Petition . _ . . . 959

Evidence on Petition 968

Provisional Liquidator . . - 973

Persons appearing on Petition - 977

Powers of Court on Hearing of Petition - 979

Costs 993

Stay of Winding-up 1010

Appeals 1012



CHAPTER X

Effect of Winding-up Okder

Dispositions of Property 1015

Stay of Actions, etc. 10I8

Official Receiver Provisional Liquidator -• 1033

Statement of Affairs 1038

Reports by Official Receiver - - - - / - - - - 1054

First Meetings of Creditors and Contributories 1056

Powers of the Board of Trade 1090

Payments into and out of Bank 1094

Information as to Liquidations in England 1103

Books to be kept by Liquidator - - - - - - - 1115

Release of Liquidator . . . _ 1120

Dissolution of Company 1125



CHAPTER XI

Powers of Court and Liquidator

Delivery of Property - -1131

Inspection of Books ......... II33

S.C.L. 2



X Table of Contents

PAGE

Vesting of Property of Unregistered Companies - - - - 1137

Powers of Liquidator 1139

Proceedings by or on behalf of Company 1140

Proceedings in Winding-up - - .-.. 1148

Carrying on Business 1167

Employment of Solicitor - - - - - - - - - 1168

Sale of Property 1172

Private Examination 1175

Public Examination . . _ 1185

Misfeasance Proceedings - - 1192

Criminal Proceedings ... - 1217

Fraudulent Preference 1224



CHAPTER XII

CONTEIBUTORIES

The List of Contributones 1231

Persons not on the Kegister 1241

Persons on the Kegister 1246

Persons whose names have ceased to be on the Kegister - - - 1262

Persons who have transferred to Transferees who have not Registered - 1273

Companies Registered under Part Vn. of the Act .... 1279

Unregistered Companies 1280

Liability of Contributories 1294

" B " List of Contributories 1296

Contracts hmiting Liabihty of Members 1298

Sums due to Members in that Character 1300

Set-off against Calls 1301

Calls - - - 1306

Balance Orders - . - - 1312

Arrests and Commitments - - - .. 1315

Compromises - - - - - - 1317

CHAPTER XIII

Distribution of Assets

Payment of Costs, Charges and Expenses 1333

Payment of Debts and Liabilities 1345

Secured Creditors - - - 1346

Preferential Debts - - - - 1358

Ordinary Unsecured Debts - . . 1370

Crown Debts - - - - - - 1373

Judgment Debts and Voluntary Debts 1373

Bills of Exchange 1374

Proof by Landlord 1377

Policies of Assurance - - 1379

Other Debts ]382

Persons Indebted to the Estate 1384

Proofs 1389

Dividends - - - 1393

Rights of Contributories 1404

CHAPTER XIV

Voluntary Winding-up

Cases where Company may be wound up Voluntary - - - 1417

Difference between different kinds of Winding-up ... - 1419



Table of Contents xi

PAGE

Meetings of Creditors 1428

Resolutions 1429

Power to fill vacancy in Office of Liquidator . - . _ - 1430

Cesser of Business and Powers of Company - - . - . 1431

Application of Property of Company .-._.- 1432

Powers of Liquidators - - - 1434

Reconstruction - - - - - 1438

Compulsory Winding-up after Voluntary Winding-up - - - 1449

Winding-up subject to Supervision 1455

Final Meeting and Dissolution - - - - 1462

Information as to Pending Liquidation 1464

Precedents _.-_.- 1465



APPENDIX I

Companies (Consolidation) Act, 1908 . - - - I486

Companies Act, 1913 1597

Companies (Foreign Interests) Act, 1917 - 1598

Companies (Particulars as to Directors) Act, 1917 - - . - 1599



APPENDIX II

Statutory Rules and Orders

Order of the Board of Trade under Sections 93 (i) and 274 of the

Act . - - - . - 1601

Order of the Board of Trade prescribing Fees on Registration of

Documents and for Inspection 1603

Order of the Board of Trade as to the Certification of Copies and

Translations of Documents relating to Foreign Companies - 1604

Rules of the Supreme Court as to Reduction of Capital - - 1605

Companies (Winding-up) Rules, 1909 . . - . . 1610

Orders as to Fees in Winding-up -.-..- 1658

APPENDIX III

Regulations issued by the Board of Trade . . _ - 1664

APPENDIX IV

County Court Rules (as to Proceedings other than Winding-up

Proceedings) under the Act - - 1668

APPENDIX V

Extract from the Rules and Regulations of the Stock Exchange,

1920 (as to Special Settlements and Official Quotations) - - 1669

APPENDIX VI

Circulars issued by the Board of Inland Revenue - - - 1679



TABLE OF STATUTES

PAGE
13 Eliz. c. 5. (Fraudulent Conveyances Act, 1571) . 191, 556, 1258

21 Jac. 1, c. IG. (Statute of Limitations, 1623) 108, 350, 407, 408, 490,

1199, 1248
29 Car. 2, c, 3. (Statute of Frauds, 1677) . 210, 387, 445, 539, 547

s. 4 314, 442, 533, 628

s. 17 314

Scots Parliament, 1696, c. 25 (Blank Bonds and Trusts Act) . . . 546
8 Anne, c. 18. (Landlord and Tenant Act, 1709) . 672, 1023, 1350

48 Geo. 3, c. 151 (Court of Session Act, 1808)—

s. 16 1165

7 Geo. 4, c. 46. (Country Bankers Act, 1826) ... 3, 1285

s. 13 1286

10 Geo. 4, c. 24. (Government Annuities Mt, 1829) ... 21

3 & 4 Will. 4, c, 27. (Real Property Limitation Act, 1833) ... 35

c. 42. (Civil Procedure Act, 1883) . 284, 440, 1312, 1372

s. 28 1371

s. 29 1372

5 & 6 Will. 4, c. 62. (Statutory Declarations Act, 1885) . 77, 359, 394,

396, 635

6 & 7 Will. 4, c. 32. (Benefit BuUding Societies Act, 1836) , 6, 903, 929,

930, 1283

7 Will. 4 & 1 Vict. c. 73. (Chartered Companies Act, 1837) . . . 902, 1282

s. 4 1285

s. 8 1285

s. 9 1285

s. 29 . . . 1283

1 & 2 Vict. c. 110. (Judgments Act, 1838) . . . . .> . . 1349

s. 12 1347

s. 13 1348

s. 14 344

s. 15 344

s. 17 1371

3 «& 4 Vict. c. 82. (Judgments Act, 1840)—

s. 1 344

5 & 6 Vict. c. 35. (Income Tax Act, 1842)—

s. 134 1365

6 & 7 Vict. c. 73. (Solicitors Act, 1843) 1376, 1377

7 & 8 Vict. c. 110. (Joint Stock Companies Act, 1844) . 4, 30, 118, 742,

897, 907, 1282

3. 25 1282

s. 66 1282

c. 113. (Banking Cc-rporations Act, 1844) . 2, 3, 1282

s. 7 1282

s. 10 1282

s. 47 3



xiv Table of Statutes

PAGE

8 & 9 Vict. c. 16. (Companies Clauses (Consolidation) Act, 1845) . 345,

427, 432, 459, 482, 1256, 1282, 1439

s. 10 231

s. 18 157

s. 21 1282

s. 36 1282

s. 85 416

s. 91 421, 447, 481

s. 136 866, 867

c. 17. (Companies Glauses Consolidation (Scotland) Act,

1845) 233, 1439

11 & 12 Vict. c. 45. (Joint Stock Companies Winding-up Act, 1848) . 1281

13 & 14 Vict, c, 36. (Court of Chancery of Lancaster Act, 1850) . 925

c. 83. (Abandonment of Railways Act, 1850) . 899, 901, 929

14 & 15 Vict. c. 64. (Railway Regulation Act, 1851) . . . .901

15 & 16 Vict. c. 31. (Industrial and Provident Societies Act, 1852) . 981,

1284, 1286

17 & 18 Vict. c. 82. (Court of Chancery of Lancaster Act, 1854) . 926

c. 112. (Literary and Scientific Institutions Act, 1854) . 906

18 & 19 Vict. c. 133. (Limited Liability Act, 1855)—

s. 7 1282

19 & 20 Vict. c. 47. (Joint Stock Companies Act, 1856) 4, 30, 35, 118, 235,

305, 799, 800, 897, 1244, 1258, 1282, 1417

Sched 113

c. 79. (Bankruptcy (Scotland) Act, 1856) —

s. 120 1019

20 & 21 Vict. c. 14. (Joint Stock Companies Act, 1857) . 4, 30, 118, 897,

1282

s. 9 235

c. 49. (Joint Stock Banking Companies Act, 1857) . 3, 30,

118, 697, 1282
s. 12 2, 3

21 & 22 Vict. c. 60. (Joint Stock Companies Amendment Act, 1858)—

s. 17 1303

22 & 23 Vict. c. 59. (Railway Companies Arbitration Act, 1859) . 391

23 & 24 Vict. c. 127. (Solicitors Act, 1860) 1171

24 & 25 Vict. c. 14. (Post Office Savings Bank Act, 1861) ... 21

c. 96. (Larceny Act, 1861)—

s. 75 1219

s. 82 1218, 1219

s. 83 1218, 1219, 1222

s. 84 1218, 1219, 1222

c. 134. (Bankruptcy Act, 1861) 1271

25 & 26 Vict. c. 87. (Industrial and Provident Societies Act, 1862) . 931,

1284

c. 89. (Companies Act, 1862) 1

s. 4 5

s. 8 67, 91

s. 9 67

s. 10 67

s. 12 93

s. 18 15, 16

s. 26 885

s. 35 235, 236, 1268

s. 38 945

s. 40 885



Table of Statutes xv

PAGE

25 & 26 Vict. c. 89. (Companies Act, 1862)—

s. 43 647

s. 45 885

s. 46 885

s. 51 364, 824

s. 52 453

s. 71 2

s. 74 945

S.77 1273

s. 78 1253, 1254

s. 80(1) 912

s. 82 1458

s. 121 1160

s. 122 1160

s. 141 1083

s. 143 1482

s. 151 1461

s. 153 1015

s. 161 842, 1222, 1475

s. 163 1018, 1024

s. 164 1230

s. 205 2

s. 209 907

s. 210 907

(1) 907

Sched. I. . .2, 113, 311, 382, 386, 353, 354, 357,

359, 489
Sched. II 67, 1270

26 & 27 Vict. c. 87. (Trustee Savings Banks Act, 1863) . . 900, 1290

s. 11 1290

s. 12 1291

(Companies Clauses Act, 1863) .... 1282
(Companies Seals Act, 1864) .... 1

(Judgments Act, 1864) .... 1348, 1349

(Mortgage Debenture Act, 1865) . . 91, 523, 672

s. 3 1

(Banking Companies (Shares) Act, 1867) (Leeman's

Act) 242

s. 2 231

c. 126. (Railway Companies (Scotland) Act, 1867) . . 901

s. 31 901

s. 32 901

c. 127. (Railway Companies Act, 1867) . . . .901

s. 31 901

c. 131. (Companies Act, 1867) . . 1, 2, 317, 574, 784, 946
s. 25 . 307, 314, 315, 317, 747, 752, 1242, 1248, 1249
s. 38 252, 273, 274, 291, 540

31 & 32 Vict. c. 54. (Judgments Extension Act, 1868) . . .952

c. 121. (Pharmacy Act, 1868) 62

32 & 33 Vict. c. 19. (Stannaries Act, 1869) 1287

s. 2 1288

s. 3 1287

s. 9 231, 1287

s, 14 1288

s. 15 1288

s, 16 1289





c. 118.


27 & 28 Vict.


0.19.




c. 112,


23 & 29 Vict.


c. 78.


30 & 31 Vict.


c. 29.



xvi Table of Statutes



PAGE





c.


41.


1


c.


62.




c.


71.




c.


114,


33 & 34 Vict


. c,


,20,




c.


28.




c.


,35.




c,


61.



32 & 83 Vict. c. 19. (Stannaries Act, 1869)—

s. 17 1289

s. 18 1289

s. 19 1289

s. 20 1289

s. 21 1288

s. 22 1288

s, 23 1289

s. 25 1, 1290

s. 26 1

s. 34 1

s. 35 1267, 1288

(Poor Rate Assessment and Collection Act,

1869) 668

(Debtors Act, 1869)—

s. 4 (3) 1313

s. 5 1313

(Bankruptcy Act, 1869) . . 912, 1105, 1357

s. 31 1271

(Abandonment of Railways Act, 1869) . 899, 900, 929

s. 4 901

(Mortgage Debentures Act, 1870) . 91, 523, 672

(Solicitors Act, 1870) 716

(Apportionment Act, 1870) .... 356, 941
(Life Assurance Companies Act, 1870) . 2, 25, 298, 803,

888, 890, 905

s. 3 890

s. 21 905, 907, 940, 975

c. 78, (Tramways Act, 1870) 902, 1173

S.42 1025

c, 93. (Married Women's Property Act, 1870)—

s. 4 1254

c. 104, (Joint Stock Companies Arrangement Act, 1870) 1,

568, 840, 941, 1010

34 & 35 Vict, c, 31, (Trade Union Act, 1871)—

s. 3 2

s. 5 6, 7, 16, 898, 905

c. 58, (Life Assurance Companies Act, 1871) . 2, 25, 298, 890

35 & 36 Vict, c. 24, (Charitable Trustees Incorporation Act, 1872 . 64

c. 41, (Life Assurance Companies Act, 1872) , 2, 25, 298, 890
s, 7 868, 869, 871

36 & 37 Vict, c, 66. (Judicature Act, 1873) . , . . 544, 929, 932

s. 24 (5) 1027, 1421

s. 25 644

(6) 942

s. 34 (2) 892

s, 36 1031

s, 100 952

L7 & 38 Vict, c 42. (Building Societies Act, 1874) . 903, 929, 930, 931,

932, 946, 1283, 1481

s, 4 930

s, 14 1283

s. 16 (5) 1283

s, 32 903, 930, 939, 965, 1417

(3) 1258

s, qs 1254



Table of Statutes xvii

PAGE

37 & 38 Vict. c. 50. (Married Women's Property Act, 1874) . . 1253

c. 57. (Real Property Limitation Act, 1874) ... 35

c. 62. (Infants' Relief Act, 1874) . . . 277, 12G4, 1265

c. 94. (Conveyancing (Scotland) Act, 1874) —

s. 56 1

38 & 39 Vict. c. 60. (Friendly Societies Act, 1875) . . . .931

c. 77. (Supreme Court of Judicature Act, 1875) . . 1370

s. 10 . 1, 543, 718, 1020, 1022, 1302, 1303, 1357,

1361, 1362, 1373, 1374, 1385

s. 28 1097

39 & 40 Vict. c. 22. (Trade Union Act Amendment Act, 1876) . . 25

c. 45. (Industrial and Provident Societies Act, 1876) 931,1284

40 & 41 Vict, c, 26. (Companies Act, 1877) . . .1, 99, 743, 744, 784

c. 57. (Supreme Court of Judicature (Ireland) Act, 1877) 929
s. 28 (1) 1

41 & 42 Vict. c. 33. (Dentists Act, 1878) 62

42 & 43 Vict. c. 58. (Public Offices Fees Act, 1879) . . . .781

c. 76. (Companies Act, 1879) 1, 4

s. 5 524

43 Vict. c. 19. (Companies Act, 1880) .... 1, 885, 886

44 & 45 Vict. c. 21. (Married Women's Property (Scotland) Act,

1881) 1253

c. 41. (Conveyancing & Law of Property Act, 1881) . 221,

324, 556, 566

s. 14 (6) 1449

, s. 18 595

s. 19 618

s. 21 618

(1) 592

(4) 592

(5) 592

(6) 592

(7) 592

s. 22 618

(1) 592

s. 25 652

c. 44. (Solicitors Remuneration Act, 1881) . 562, 1339, 1340

s. 8 1340

Sched. 1 1170

Sched. II. ....... 1170

0, 60. (Newspaper Libel and Registration Act, 1881) . 1092
c. 62. (Veterinary Surgeons Act, 1881) .... 62

45 & 40 Vict. c. 61. (Bills of Exchange Act, 1882)—

s. 57 1376

s. 69 . . 360

c. 75. (Married Women's Property Act, 1882) 1252, 1253

s. 7 1253

s. 8 1253

s. 13 1253

s. 14 1253,1254

s. 15 . . . 1254

s. 17 1253

s. 19 . 1328

46 & 47 Vict. c. 30. (Companies (Colonial Registers) Act, 1883) . . 1

c. 52. (Bankruptcy Act, 1883) . . . . 1108, 1348
3. 4 (1) 1193



xviii Table of Statutes

PA6B

46 & 47 Vict. c. 52, (Bankruptcy Act, 1883)—

s. 30 . 1271

s. 37 1271

s. 95 925

s. 97 925

s. 162 1104

49 & 50 Vict. c. 23. (Companies Act, 1886) 1

50 & 51 Vict. c. 43. (Stannaries Act, 1887) .... 927, 1287, 1333

s. 2 1287

S.3 1287

s. 9 1, 1333, 1361

s. 10 1

s. 13 . 1333

(2) 1

s. 21 1289

s. 22 1289

s. 27 1448

s. 31 1

c. 47. (Trustee Savings Banks Act, 1887) ... 940
s. 3 1

51 & 52 Vict. c. 51. (Land Charges Registration and Searches Act,

1888) 1348

c. 59. (Trustee Act, 1888) .... 407, 408, 446
c. 62. (Preferential Payments in Bankruptcy Act, 1888)

s.l 1

s. 2 1

s. 3 1

52 & 53 Vict. c. 10. (Commissioners of Oaths Act, 1889)—

s.3 41

s. 6 41

c. 42. (Revenue Act, 1889)—

s. 18 1

c. 47. (Palatine Court of Durham Act, 1889) . . .925

c. 49. (Arbitration Act, 1889) . . . 120, 156, 208, 211

s. 5 1448

s. 13 1382

c. 60. (Preferential Payments in Bankruptcy (Ireland)
Act, 1889)—
s. 4 . . 1

c. 63. (Interpretation Act, 1889) . . 315, 462, 642, 645

s.3 448

s. 12 (8) 901

s. 38 3, 6, 105, 645

53 & 54 Vict. c. 23. (Chancery of Lancaster Act, 1890) . . ,925

c. 44. (Judicature Act, 1890)—

s. 5 236, 1183

c. 62. (Companies (Memorandum of Association) Act,

1890) 1, 798, 824

0. 63. (Companies (Winding-up) Act, 1890) . 1, 51, 925, 930,
931, 932, 934, 946, 975, 988, 1107, 1198, 1424, 1450

s.l 926

s. 8 981

a. 15 1082

s. 27 1092

c. 64. (Directors Liability Act, 1890) . 1, 281, 283, 291



Table of Statutes xix

FAGB

53 & 54 Vict, c. 71. (Bankruptcy Act, 1890)—

s. 10 1271

s. 23 1354

54 & 55 Vict. c. 21. (Savings Banks Act, 1891)—

s. 7 1291

c. 39. (Stamp Act, 1891) . . . 194, 290, 291, 317, 370

8.6 198

8.12 11,197,317

s. 14(4) 197

s. 17 342,446

S.54 198

s. 55 198

s. 56 196,198

(4) 196

s. 57 196,199

s. 58 199

s. 59 194, 196

(2) 197

(3) 197

(4) 197

(5) 197

(6) 197

s. 60 200

s. 61 200

s. 79 620

s. 80 367

s. 82 571

s. 86 571,572

s. 87 572

s. 88 572

s. 95 (2) . . * 1279

s. 107 370

s. 112 52, 53

s. 122 201, 571

Sched. 196, 200, 370, 374, 571, 573, 574, 612, 620
c. 43. (Forged Transfers Act, 1891) . . . 350, 523

s. 1 (1) 350

(2) 350

(3) 351

(4) 351

(5) 351

8.2 350

s. 3 350

55 & 56 Vict. c. 13. (Conveyancing & Law of Property Act, 1892)—

s. 2 1449

c. 36. (Forged Transfers Act, 1892) . . . .523

s. 2 350

s. 3 350

56 & 57 Vict. c. 39. (Industrial and Provident Societies Act, 1893) . 32,

903, 931, 932, 1302, 1417,

s. 3 . . . ' 1284

s. 10 1285

s. 21 1284

s. 32 1254

s.54 32,1284

s. 55 32, 1284



XX Table of Statutes



PAGE



56 & 57 Vict. c. 39. (Industrial and Provident Societies Act, 1893)—

s. 58 903,1417

(a) 931

s. 59 931

s. 60 1285

s, 79 931

c. 53. (Trustee Act, 1898) 1126

s. 25 560

s. 26 (1) £60

(2) 560

c. 58. (Companies (Winding-up) Act, 1898) ... 1

c. 71. (Sale of Goods Act, 1893) 1347

s. 4 314

s. 26 1347

s. 62 1347

57 & 58 Vict. c. 12. (Indian Railways Act, 1894) . 105, 107, 113, 139,

1G5, 487, 489

s. 2 105

s. 3(1) 106

(2) 113

(3) 106

(4) 106

(5) 106

(6) 106

(7) 106

s. 4 106

s. 5 106

s. 6 106

s. 7 106

c. 10. (Judicature (Procedure) Act, 1894) —

s. 1 (1) (b) (iii) .... 1201, 1233, 1393

(5) 1167

(6) 1167

c. 30. (Finance Act, 1894)—

s. 40 574

c. 47. (Building Societies Act, 1894) . 903, 929, 930, 939,

1283

s. 1 (b) 1283

(c) 1283

s. 8 903,931,1417

s. 10 1283,1310

s. 12 552

s. 25 (2) 1283

c. GO. (Merchant Shipping Act, 1894) .... 70
ss. 31 et seq 612

58 & 59 Vict. c. 16. (Finance Act, 1895)—

s. 16 843, 1064

c. 30. (Industrial and Provident Societies Act, 1895) —

s. 1 932

69 & 60 Vict. c. 25. (Friendly Societies Act, 189G) .... 32

s. 23 1287

s. 31 1287

s. 36 1254

s. 49 1286

s. 71 . . . . • . .32, 802, 1284
S. 94 1286



Table of Statutes xxi

59 & 60 Vict. c. 35. (Judicial Trustees Act, 1896)—

s. 3 .407

c. 45. (Stannaries Court (Abolition) Act, 1896) . 390, 391,

925, 927
c. 48. (Light Railways Act, 1896) 1282

60 & 61 Vict. c. 19. (Preferential Payments in Bankruptcy Amend-

ment Act, 1897) 1

61 & 62 Vict. c. 26. (Companies Act, 1898) 1, 315

62 & 63 Vict. c. 9. (Finance Act, 1899) 370

s. 4 571

s. 5 . . ' 340, 574

s. 6 571

s. 7 11, 52, 53

s. 8 570

s. 9 290, 291, 317, 374, 574

0. 20. (Bodies Corporate (Joint Tenancy) Act, 1899) . 1255
s. 1 (2) 1127

63 & 64 Vict. c. 7. (Finance Act, 1900)—

s. 10 199

c. 26. (Land Charges Act, 1900) 1348

s. 2 1348

c. 48. (Companies Acts, 1900) . 1, 56, 57, 185, 212, 214, 253,
255, 256, 315, 322, 418, 626, 627, 629, 630, 642, 747,

880, 1420

s. 1 16

s. 7 307, 322, 1432

(a) 322

(b) 323

s. 8 212

s. 14 318, 643, 645, 646

(2) 627

s, 15 644

s. 19 885

s. 20 -. 885

s. 25 1455

s. 33 314

(1) 252

(2) 315

s. 34 , . , .624

c. 51. (Money Lenders Act, 1900) . . . .191, 1372

3 Edw. 7, c. 46. (Revenue Act, 1903)—

s. 5 53

s. 7 565, 572

4 Edw. 7, c. 8. (Trustee Savings Banks Act, 1904) . . . 1290

c, 23. (Licensing Act, 1904) 564

5 Edw. 7, c. 21. (Expiring Laws Continuation Act, 1905) 105, 106, 165

c. 9. (Indian Railways Act Amendment Act, 1906) 105, 106,

139, 165, 487, 489
c. 58. (Workmen's Compensation Act, 1906) 669, 1358, 1368,

1369
s. 5 . . . . . . 669, 1358, 1369

7 Edw. 7, c. 13. (Finance Act, 1907)—

s. 7 367

s. 9 158

B. 10 570



XXll



Table of Statutes



7 Edw. 7, c. 24.
c. 29.
c. 46.
c. 50.



8 Edw. 7, c. 12.
c. 69.



PAGE

(Limited Partnerships Act, 1907) . 956, 958, 1003

s. 6 (4) _ . 1

(Patents and Designs, 1907) —

s. 28 (4) 611

(Employers' Liability Lisurance Companies

Act, 1907) 25, 890, 891

(Companies Act, 1907) . 1, 42, 82, 83, 105, 185, 253,