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TOGETHER WITH AN APPENDIX, CONTAINING TABLE B,
“JOINT-STOCK COMPANIES ACT, 1856;" AND
PROCEEDINGS UNDER “THE COMPANIES ACT, 1862,"
BY ANTHONY PULBROOK,
AUTHOR OF "A TREATISE ON COMPANIES LIMITED BY GUARANTEE,
ALTHOUGH there are several treatises on the Companies Act, 1862, there are only one or two which contain the Act as it exists in the Statute Book, and those are not of a portable character. The frequently expressed desire of professional men, directors, shareholders, and others, for a pocket edition of the Act, with a good Index, suggested the publication of the present volume, in which, accordingly, the utmost care and attention have been given in framing such an Index, and most copious Analytical References. These will, it is hoped, be found 80 comprehensive as to enable any one fully to discuss, at a moment’s notice, any question arising on the statute-often a matter of great importance at a public meeting.
This facility for reference will place the non-professional reader, notwithstanding the intricate character of the Act, in a position to master with tolerable ease any point upon which he may desire information.
The regulations in the Schedules, which only apply
to those companies which specially or by implication adopt them, are very frequently taken to be part of the Act itself; every effort has been made, by Notes and a separate Index to Table A, to enable readers to distinguish the provisions of the Act itself from those of the Schedules.
There are so many companies still in existence which are governed by Table B of the Joint Stock Companies Act, 1856, that its insertion by way of an Appendix cannot, it is thought, be otherwise than useful.
The addition of the Rules made by the High Court of Chancery, regulating the mode of proceeding in that Court, under the Act, will, it is hoped, contribute to the completeness of the present edition.
31, Threadneedle Street, January, 1865.
Winding up of Trading Companies and other
[7th August, 1862.] WŅEREAS it is expedient that the laws relating to the incorporation, regulation, and winding up of trading companies and other associations should be consolidated and amended : Be it therefore enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:
Preliminary. 1. This Act may be cited for all purposes as “ The Short title. Companies Act, 1862.”
2. This Act, with the exception of such temporary Commence- enactment as is hereinafter declared to come ment of Act. into operation immediately, a shall not come into operation until the second day of November one thousand eight hundred and sixty-two, and the time at which it so comes into operation is hereinafter referred to as the commencement of this Act.
& Sec. 209. 3. For the purposes of this Act a company that car
of ries on the business of insurance in common insurance with any other business or businesses shall be company. deemed to be an insurance company.
4. No company, association, or partnership consisting Prohibition of more than ten persons shall be formed, of partner, after the commencement of this Act, for the ing certain purpose of carrying on the business of bank
ing, unless it is registered as a company under