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Page 33

CHAPTER 4
REGISTRATION OF A COMPANY

The Seal.-The company's seal is affixed in the manner laid down in the articles. Table A, Art. 113, provides:
" The directors shall provide for the safe custody of the seal, which shall only be used by the authority of the directors or of a committee of the directors authorised by the directors in that behalf, and every instrument to which the seal shall be affixed shall be signed by a director and shall be countersigned by the secretary or by a second director or by some other person appointed by the directors for the purpose."

A company is not bound if the seal is affixed without its authority by the secretary, (8) or by one of the directors and the secretary without a resolution of the board of directors. (9) But if the seal is affixed by the resolution of a board at which a quorum is not present, the company is bound unless the other party to the contract knew of the irregularity. (10)
A document requiring authentication by a company may be signed by a director, secretary or other authorised officer, and need not be under its common seal (s. 36).
Bills of Exchange (s. 33).-Bills of exchange and promissory notes can be drawn, accepted and endorsed on behalf of a company by any person acting under the company's authority.
If the articles empower the directors to authorise a director to draw, accept and endorse bills on the company's behalf, and the director does so without any such authorisation, the company will be bound. (11) On the other hand, the company will not be bound if the person acting without authority is not a director, but only a manager. (12)

8 Ruben v. Great Fingall Consolidated, [1906] A. C. 439.
9 South London Greyhound Racecourses. Ltd. v. Wake, [1931] 1 Ch. 496.
10 County of Gloucester Bank v. Rudry Merthyr Colliery Co., [1895] 1 Ch. 629.
11 Dey v. Pullinger Engineering Co., [1921] 1 K. B. 77; British Thomson-Houston
Co. v. Federated European Bank, [1932] 2 K. B. 176.
12 Kreditbank Cassel v. Sch,enkers, Ltd., [1927] 1 K. B. 826.

travel books:
where is HTML where is HEAD where is TITLE The Seal.-The company's seal is affixed in what is manner laid down in what is articles. Table A, Art. 113, provides: " what is directors shall provide for what is safe custody of what is seal, which shall only be used by what is authority of what is directors or of a committee of what is directors authorised by what is directors in that behalf, and every instrument to which what is seal shall be affixed shall be signed by a director and shall be countersigned by what is secretary or by a second director or by some other person appointed by what is directors for what is purpose." A company is not bound if what is seal is affixed without its authority by what is secretary, (8) or by one of what is directors and what is secretary without a resolution of what is board of directors. (9) But if what is seal is affixed by what is resolution of a board at which a quorum is not present, what is company is bound unless what is other party to what is contract knew of what is irregularity. (10) A document requiring authentication by a company may be signed by a director, secretary or other authorised officer, and need not be under its common seal (s. 36). Bills of Exchange (s. 33).-Bills of exchange and promissory notes can be drawn, accepted and endorsed on behalf of a company by any person acting under what is company's authority. If what is articles empower what is directors to authorise a director to draw, accept and endorse bills on what is company's behalf, and what is director does so without any such authorisation, what is company will be bound. (11) On what is other hand, what is company will not be bound if what is person acting without authority is not a director, but only a manager. (12) 8 Ruben v. Great Fingall Consolidated, [1906] A. C. 439. 9 South London Greyhound Racecourses. Ltd. v. Wake, [1931] 1 Ch. 496. 10 County of Gloucester Bank v. Rudry Merthyr Colliery Co., [1895] 1 Ch. 629. 11 Dey v. Pullinger Engineering Co., [1921] 1 K. B. 77; British Thomson-Houston Co. v. Federated European Bank, [1932] 2 K. B. 176. 12 Kreditbank Cassel v. Sch,enkers, Ltd., [1927] 1 K. B. 826. where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 33 where is strong CHAPTER 4 REGISTRATION OF A COMPANY where is p align="justify" The Seal.-The company's seal is affixed in what is manner laid down in what is articles. Table A, Art. 113, provides: " what is directors shall provide for what is safe custody of what is seal, which shall only be used by what is authority of what is directors or of a committee of what is directors authorised by what is directors in that behalf, and every instrument to which what is seal shall be affixed shall be signed by a director and shall be countersigned by what is secretary or by a second director or by some other person appointed by what is directors for what is purpose." A company is not bound if what is seal is affixed without its authority by what is secretary, (8) or by one of what is directors and what is secretary without a resolution of what is board of directors. (9) But if what is seal is affixed by what is resolution of a board at which a quorum is not present, what is company is bound unless what is other party to what is contract knew of what is irregularity. (10) A document requiring authentication by a company may be signed by a director, secretary or other authorised officer, and need not be under its common seal (s. 36). Bills of Exchange (s. 33).-Bills of exchange and promissory notes can be drawn, accepted and endorsed on behalf of a company by any person acting under what is company's authority. If what is articles empower what is directors to authorise a director to draw, accept and endorse bills on what is company's behalf, and what is director does so without any such authorisation, what is company will be bound. (11) On what is other hand, what is company will not be bound if what is person acting without authority is not a director, but only a manager. (12) 8 Ruben v. Great Fingall Consolidated, [1906] A. C. 439. 9 South London Greyhound Racecourses. Ltd. v. Wake, [1931] 1 Ch. 496. 10 County of Gloucester Bank v. Rudry Merthyr Colliery Co., [1895] 1 Ch. 629. 11 Dey v. Pullinger Engineering Co., [1921] 1 K. B. 77; British Thomson-Houston Co. v. Federated European Bank, [1932] 2 K. B. 176. 12 Kreditbank Cassel v. Sch,enkers, Ltd., [1927] 1 K. B. 826. where is Server.Execute("_SiteMap.asp") %

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