A SUMMARY

OF THE

LAW OF COMPANIES.

C7 A S.

OF THE

LAW OF COMPANIES.

асатся

BY

T. EUSTACE SMITH,

OF THE INNER TEMPLE, BARRISTER-AT-LAW,

HONOURS SOLICITOR'S FINAL EXAMINATION, EASTER, 1877,
REAL PROPERTY LAW SCHOLARSHIP, INNER TEMPLE, JULY, 1878,
REAL AND PERSONAL LAW PRIZE, PROFESSOR'S LECTURES, 1878,
REAL AND PERSONAL LAW PRIZE, PROFESSOR'S LECTURES, 1879,

AUTHOR OF

"" 'A SUMMARY OF THE LAW AND PRACTICE IN ADMIRALTY,”
AND A SUMMARY OF THE LAW AND PRACTICE IN THE ECCLESIASTICAL COURTS."

FIFTH EDITION.

LONDON:

STEVENS AND HAYNES,

Law Publishers,

BELL YARD, TEMPLE BAR.

1891.

LIBRARY OF THE

LELAND STANFORD JR. UNIVERSITY.

A.37810.

PREFACE TO THE FIFTH EDITION.

SINCE the Fourth Edition of this little book appeared three very important Acts have been passed-The Companies (Winding-up) Act of 1890, the Companies (Memorandum of Association) Act, 1890, and the Directors' Liability Act, 1890. These Acts and the Companies Winding-up Rules, 1890, have so altered and modified the law relating to Joint Stock Companies as to render it necessary to recast the plan of the book, and this I have done so as to make it embrace these Acts and Rules, and generally to bring it up to date. I think the Companies Winding-up Act and Rules of 1890 of so great importance to all students of this branch of the law, that, little as I like to increase the size of the book, I have printed the Act, Rules, and Forms as an Appendix.

I have in this edition been greatly assisted by my friend, Mr. George F. Hart, Barrister-at-Law, whose advice has helped me on many practical points.

T. EUSTACE SMITH.

12 OLD SQUARE, LINCOLN'S INN,

September 1891.