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Page 281

CHAPTER 26
STATUTORY COMPANIES.

The chairman is the chairman or deputy chairman of the directors or, failing them, one of the directors. If no directors are present, any shareholder may be chosen by the meeting to be chairman. (65)
Each shareholder has the prescribed number of votes. If no number is prescribed, the scale of voting is one vote for every share up to ten; from ten to a hundred, one vote for every five shares ; beyond a hundred, one vote for every ten shares. No shareholder can vote unless he has paid all the calls then due on his shares. (66)
Proxies are allowed, but the proxy must be deposited with the secretary forty-eight hours before the time of the holding of the
meeting. (67)
Voting is by a show of hands, but a poll may be demanded. If any particular majority of votes is required, proof of that majority is only required in the event of a poll being demanded. In other -cases the chairman's declaration and an entry in the company's book of proceedings is sufficient. (68)

ACCOUNTS
The directors must cause books to be kept showing (1) the receipts and expenditure of the company, and (2) the matters and things to which the receipts and expenditure relate. (69)
The books must be balanced fourteen days before each ordinary meeting and a balance sheet must be drawn up. The balance sheet must contain, (1) a statement of the capital stock, credits and property belonging to the company, (2) a statement of the debts due by the company, and (3) the amount of the profit or loss made during the preceding half-year. The balance sheet must be examined by the directors, or any three of them, and signed by the chairman or deputy -chairman. The balance sheet, together with the auditors' report, must be laid before the ordinary meeting. (70)
The books and balance sheet are open to the inspection of the shareholders for a fortnight before and a month after the ordinary meeting. They can only be inspected at any other time on a written order signed by three directors. (71). The company's mortgagees and

65 Ibid., s. 73.
66 Ibid., s. 74.
67 Ibid., as. 75, 76.
68 Ibid., s. 80.
69 Ibid., s. 115.
70 Ibid. ss. 116, 118.
71 Ibid.. ss. 117, 119.

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where is HTML where is HEAD where is TITLE The chairman is what is chairman or deputy chairman of what is directors or, failing them, one of what is directors. If no directors are present, any shareholder may be chosen by what is meeting to be chairman. (65) Each shareholder has what is prescribed number of votes. If no number is prescribed, what is scale of voting is one vote for every share up to ten; from ten to a hundred, one vote for every five shares ; beyond a hundred, one vote for every ten shares. No shareholder can vote unless he has paid all what is calls then due on his shares. (66) Proxies are allowed, but what is proxy must be deposited with what is secretary forty-eight hours before what is time of what is holding of what is meeting. (67) Voting is by a show of hands, but a poll may be demanded. If any particular majority of votes is required, proof of that majority is only required in what is event of a poll being demanded. In other -cases what is chairman's declaration and an entry in what is company's book of proceedings is sufficient. (68) ACCOUNTS what is directors must cause books to be kept showing (1) what is receipts and expenditure of what is company, and (2) what is matters and things to which what is receipts and expenditure relate. (69) what is books must be balanced fourteen days before each ordinary meeting and a balance sheet must be drawn up. what is balance sheet must contain, (1) a statement of what is capital stock, credits and property belonging to what is company, (2) a statement of what is debts due by what is company, and (3) what is amount of what is profit or loss made during what is preceding half-year. what is balance sheet must be examined by what is directors, or any three of them, and signed by what is chairman or deputy -chairman. what is balance sheet, together with what is auditors' report, must be laid before what is ordinary meeting. (70) what is books and balance sheet are open to what is inspection of what is shareholders for a fortnight before and a month after what is ordinary meeting. They can only be inspected at any other time on a written order signed by three directors. (71). what is company's mortgagees and 65 Ibid., s. 73. 66 Ibid., s. 74. 67 Ibid., as. 75, 76. 68 Ibid., s. 80. 69 Ibid., s. 115. 70 Ibid. ss. 116, 118. 71 Ibid.. ss. 117, 119. 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 281 where is strong CHAPTER 26 STATUTORY COMPANIES. where is p align="justify" The chairman is what is chairman or deputy chairman of what is directors or, failing them, one of what is directors. If no directors are present, any shareholder may be chosen by what is meeting to be chairman. (65) Each shareholder has what is prescribed number of votes. If no number is prescribed, what is scale of voting is one vote for every share up to ten; from ten to a hundred, one vote for every five shares ; beyond a hundred, one vote for every ten shares. No shareholder can vote unless he has paid all what is calls then due on his shares. (66) Proxies are allowed, but what is proxy must be deposited with the secretary forty-eight hours before what is time of what is holding of what is meeting. (67) Voting is by a show of hands, but a poll may be demanded. If any particular majority of votes is required, proof of that majority is only required in what is event of a poll being demanded. In other -cases what is chairman's declaration and an entry in what is company's book of proceedings is sufficient. (68) ACCOUNTS what is directors must cause books to be kept showing (1) what is receipts and expenditure of what is company, and (2) what is matters and things to which what is receipts and expenditure relate. (69) what is books must be balanced fourteen days before each ordinary meeting and a balance sheet must be drawn up. what is balance sheet must contain, (1) a statement of what is capital stock, credits and property belonging to what is company, (2) a statement of what is debts due by what is company, and (3) what is amount of what is profit or loss made during what is preceding half-year. what is balance sheet must be examined by what is directors, or any three of them, and signed by what is chairman or deputy -chairman. what is balance sheet, together with what is auditors' report, must be laid before what is ordinary meeting. (70) what is books and balance sheet are open to what is inspection of what is shareholders for a fortnight before and a month after what is ordinary meeting. They can only be inspected at any other time on a written order signed by three directors. (71). what is company's mortgagees and 65 Ibid., s. 73. 66 Ibid., s. 74. 67 Ibid., as. 75, 76. 68 Ibid., s. 80. 69 Ibid., s. 115. 70 Ibid. ss. 116, 118. 71 Ibid.. ss. 117, 119. where is Server.Execute("_SiteMap.asp") %

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