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PRACTICAL DIRECTIONS

FOR

FORMING AND MANAGING

JOINT-STOCK COMPANIES,

WITH

LIMITED LIABILITY OR OTHERWISE,

UNDER THE PROVISIONS OF THE

“JOINT-STOCK COMPANIES ACT, 1856."

BY

JOHN DUNCAN,

SOLICITOR AT LAW.

LONDON:
WATERLOW AND SONS, 24 & 25, BIRCHIN LANE, 49, PARLIAMENT

STREET, AND LONDON WALL.

1856.

PREFACE.

The object of this pamphlet is to point out to the legal practitioner in particular, and to the public generally, how the provisions are to be best complied with of the new act of Parliament for regulating Joint-Stock Companies. Without professional assistance it will be unwise and imprudent for parties to proceed in establishing a company, either without or with "limited liability.” At the same time, I have attempted so to string together and classify logically the subject-matters of the act, without reference to the order in which its sections are printed, as to make compliance with its provisions a task of comparative simplicity to everybody.

I have divided the entire subject into : 1st. Initiatory proceedings to commence, re

gister, and establish a new company (page

10). 2nd. What an established registered company

in its business and management can do, and what it cannot do (page 25).

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