THE PRODUCTION OF IRON AND STEEL (Google eBook)

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Page 88 - 8. No society shall be registered under a name identical with that by which any other existing society has been registered, or so nearly resembling such name as to be likely to deceive the members or the public, and the word " limited" shall be the last word in the name of every society registered under this act.
Page 89 - 2. No past member shall be liable to contribute in respect of any debt or liability of the society contracted after the time at which he ceased to be a member. 1. No past member shall be liable to contribute to the assets of the
Page 89 - 3. No past member shall be liable to contribute to the assets of the society unless it appears to the court that the existing members are unable to satisfy the contributions required to be made by them in order to satisfy all just demands upon such society.
Page 90 - of profits. PROVISION AUTHORIZING INDUSTRIAL PARTNERSHIPS. "No contract for the remuneration of a servant or agent of any person engaged in any trade, or undertaking by a share of the profits of such trade or undertaking, shall, of itself, render such servant or agent responsible as a partner therein, nor give him the rights of a partner.
Page 88 - 11. If any society under this act does not paint or affix, and keep painted or affixed, its name in manner directed by this act, it shall be liable to a penalty not exceeding five pounds for not so painting or affixing its name, and for every day during which such
Page 88 - to be signed on behalf of such society any bill of exchange, promissory note, indorsement, cheque, order for money or goods, or issues or authorizes to be issued any bill of parcels, invoice, receipt, or letter of credit of the
Page 89 - society unless it appears to the court that the existing members are unable to satisfy the contributions required to be made by them in order to satisfy all just demands upon such society.
Page 90 - such trade or undertaking, shall, of itself, render such servant or agent responsible as a partner therein, nor give him the rights of a partner." Extract from the "act to amend the law of partnership," 28 and 29 Victoria, chap. 86, (July 5, 1865 :) APPENDIX LAW OF LIVRET IN
Page 87 - 6. The certificate of registration shall vest in the society all the property that may at the time be vested in any person in trust for the society ; and all legal proceedings then pending by or against any such trustee or other officer on account of the society may be prosecuted by or against the society in its registered name without abatement.
Page 89 - 19. The provisions of the joint stock companies acts as to bills of exchange and the admissibility of the register of shares in evidence shall apply to all societies registered under this act. 2. No past member shall be liable to contribute in respect of any debt or liability of the

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