25 / 122
THE GAZETTE
OP THE
fncarparatrir |^afa Soaetg of
Vol. V, No. 3.]
July, 1911.
Meetings of the Council.
" stock which
" fAmWp hw H
is for
IwlHtttr.
T FOR CIRCULATION
L AMONGST MEMBERS.
the time being trans
June 1th.
Northern Law Society.
A letter was read from the Hon. Secretary
of the Northern Law Society enclosing a final
proof of the Memorandum and Articles of
Association for incorporating the Northern
Law Society under the Companies (Consolida
tion) Act, 1908, which was considered satis
factory, as the amendments suggested by the
Council had been adopted.
Petty Sessions Proceedings.
The Council decided to submit a case to
Counsel relative to the right of representa
tion in Petty Sessions Court of a Company
by its Secretary in a case in which the Com
pany was complainant.
Finance Bill, 1911.
This Bill was submitted, and
it was
observed that Clause 9 provides for the
transfer of Government Stock by deed,
which carries out a procedure advocated by
the Council for some time past. The clause
is in the following terms :—
" 9.—(1) Notwithstanding anything
in
section twenty-two of the National Debt
Act, 1870, any stock belonging to a stock
holder shall, if registered for the time being
as stock transferable by deed in manner
provided by regulations made under this
section, be transferable by deed instead of
in the manner provided by that section.
" The Treasury shall provide by regulations
" for a separate stock register being kept for
" which stock is to be entered in or i-emoved
" from that register, for the mode in which
" the transfer by deed is to be carried out,
" and for the payment of any fees in respect
" of the entry or removal of stock from the
" register and the carrying out of any transfer
" of stock by deed.
" (2) No stamp duty shall be payable in
" respect of any deed of transfer of the
" stock.
" (3) In this section the expression ' stock '
" means any stock which is for the time
" being transferable in the books of the Banks
" of England and Ireland under the National
" Debt Act, 1870."
Court of Examiners.
The report of the Court of Examiners upon
the May Preliminary and Final Examina
tions and awards of prizes was adopted.
Findlater Scholarship.
The report of the Court of Examiners
recommending a special examination for the
Findlater Scholarship of 1911, to be held in
October next, was adopted. Those candidates
who, at the October, 1910, and the January
and May, 1911, Final Examinations, obtained
gold or silver medals are qualified to compete
for the Scholarship.
Costs Committee.
The following decision upon a query was
adopted :—A lease having been made for a
term of 30 years
0.1
a yearly rent of £115 of
lands portion ot - hich were held by the lessor