^ ^ ir. \^ IMAGE EVALUATION TEST TARGET (MT-3) .^ «- 1.0 1.1 1.25 2.0 us u 14.0 H^l 1.6 I fa jto gap h i ■ ^ .■■■ . ' ■/■ „..\ ■* . -■■"■■ -*. / :■ -/ ^vl*>. SeiaiDes ion 23 WEST MAIN STREET WEBSTER, N.Y. 145M (716)t73-4S03 _ ^{^ < g^ •ym 4r >i: CIHM/ICMH Microfiche Series. 2^- ■"> CIHM/ICMH Collection do microfiches. V -^ ^^ Canadian Institute for Historical Microreproductions / Institut Canadian df microraproductions historiquaa ;V tachnieal and Bibliographic NotM / NolM tMhniquM tt biblieigraphiquM The Imtitut* hat attamptad to obtain tha bast original copy availabia for filming. Faaturas of this copy which may b« bibliographically uniqua, which may altar any of tha iiiiagn in tha raproduction^ or which may. significantly ehanga tha usual mathod of filming, ara chackad balow. □ Colourad covers/ Couvartura da coulaur '''.,* □ Covars damaged/ . Couvartura andommagia □ Covers restored and/or laminated/ Couverture restaurte et/ou pelliculte □ Cover title, missing/ Le titre d* couverture maiyiue □ Coloured maps/ Cartas giographiques en couleur' p Coloured ink (i;e. other than blue or Mack)/ Encra da coulaur (i.e. autre qua bleue ou noire) Coloured plates and/or illustrations/ Planches et/ou illiistrations en couUur Bound with other material/ Relii a v^c d'autres documents Tight binding may causa shadqws or distortion along interior margin/ La reliure serrte peut causer de I'ombre ou de la distorsion le long de la marge intArieure . D Blank leaves added during restoration may^appaar within tha text. Whenever possible, d^ have , been omitted from filming/ II se peut que certaines pages blanches ajouttes lors d'une restauration apparaissent dans le taxte, mais, lorsque cela itait possible, ces pagtf n'ont pasMfilmias. . D Addittonal comments:/ Commentairas suppltmantaires: This item te filmed at the reduction ratio checked below/ ^ Ce docuiiient est f ijmi au taux de rMuction indiqui el-destbus. 10X MX 18X L'Institut a mierbf ilm4 la meillaur a^cemiplaira qu'ii lui a M possibia de se procurer. Las d*6iils da cat axemplair^ qui sont paut^tra uniques du point de vue bibliographkiua, qui peuvent modif iar una image raproduita. ou qui peuvent exiger una modification dans la mMiode normale de f ihnage sont indk|ufc ci-dessous. □ Coloured pages/ Pages de couleur' r~~j PegM damaged/ U^ Pages andommagitos □ .Pages- restored and/or laminated/ Pages restaurtes et/ou pellicul4as Pages discoloured, stained or foxa^/ Pages dteolories, tachaties ou piquto □ Pages detached/ • Pages ditachtes 0Showthrough/ Transparence Quality of print varies/ Qualiti in^gala de I'impression □ Continuous pagination/ Pagination continue □ Includes index(es)/ Comprend un (des) inilex n Tide on header taken from:/ Le titre de I'en-tite provient: Tide page of issue/ Page de titre de la livraison I I Caption of issue/ n Titre de depart do la livraison Masttiaad/ Ginirhiue (piriodiques) de la livraison * J _22X_ JfiX_ 3QX y F* 16X 20X 24X D 2ex 32X Th« eopy fnnii«d h«^ hai bMn rvproducad thanks to tha ganarosity of: Nmwfoundhind Public Library SmtvIcm . > StJohnV Tha Imagaa appaarihg hWa mf tha bapt quality poasibia eonaidaring tha eondiiion and lagihUity of tha original copy and in lcaap|ng with tha filming contcact apacificationa. Original copiaa in printad papar covani ara flimad baginning with tha front, covar^and anding on tha laat paga with $ printad or iliuatritad impraa- aion. or |ha tu^k covar whan appropriata. All othar original copiaa ara filmad baginning on tha first paga with a printad or iiluatratad impraa- aion, and anding on tha laat paga with a' printad" or iiluatratad impraaaion. . ' Tha laat racordad frama oh aach micrbfleha shall contain tha symbot -^^ (maaning "CON- TINUED"!, or tha symbol ▼ (maaning "END"), whichavar appiiaa. , Mapa. platat. charts, ate., may ba filmad at diffarant raduction ratioa. Thosa too larga to ba antiralyinciudad in ona axpoaura ara filmad baginning in tha uppar laft hand comar. laft to right and top to^^bonom. aa many framas aa raquirad. Tha following diagrami illustrata tha mathod: i - ^Jl "^ : . :, .:...■■■ : ^- ■■■/ :, . ■'■■■: L'axampiaira WXnsk f ut raproduit grlca A la "( g4rt4rosit« da: , ' * '''*.,• "^ . ' ■ . ■""■ Nawfoundland Public Li>riry Sarvicw StJolin's , . " '■' ■'■■ . \- ^ .--v ■ ■■ ' - '■-■'■':, Las imagas siiivantiM.ont *ti raproduitas. svac la* plus grand soin. compta tanu da la condition at da la nattat* dip I'axamplaira film*, at •x\ conformit* avalB. las conditions dU contrst da filmaga. \ Laa axampiairaa originaux dont la couvartura •r\ papiar aat ImprimAa sont flifnAs an commancant pir la pramiar plat at an tarminant soit par la darnlAra paga qui comporta una Smprainta . d'imprassion ou d'illustratlon. soit par la sacond plat, salon la cas. Tous las autras axamplaira^ originaux sont filmis an commandant par la pramidra paga qui comporta una amprainta d'impraasiori oii d'illustratlon il an tarminant par li AwnXkxm paga qui comporta una taila amprainta. - ' Un daa'Symbolas suivants ipparattra sur la ^WT\\kf imaga da chaqua microfiche, salon la cas: la symSola — ^signifia "A SUIVRE", la symbola ▼ signifia "FIN". / ■.,. -v."--'. V- V\.,:.: - .. Laa cartaa. planchaa.\ tabiaaux. ate. pauvant Atre filmte A das taux da reduction diff Grants. , Lorsqua l« document aat trap grartd pour itra raproduit an un saui clich*. il aat film* k partir da I'angia supAriaur gaucha.' db baucha i droits, at da haut an bas. 9t\ pranant la nombra d'imagaa nAcassaira. Las diagrammas suivants iliustrant la mAthoda. f ■ \ • '■ . ■,--'^iffW^^'^^':- \ ^-"^T^nsprf , * . •*«■ , • - ■ •■ ■ - # - 4 ) I ■■* , fc ■ . , . '' ■ ■ • I "'l ■\ ' , ' ■ ■ . ^ /' *' ' ^. - ,l..„x ^... ^ .+-.-■- ■ > . >, ■ / ■' / •'..■■ 7 v; "" ' I • ■""■' -'^^ / _ . _ ■ ' ___..-/_,_ . . .. ^,^ ..jiy, ■■'/-_ f.- ., ■ ' / * ' . / V ;■" ■;•■:, ■ . , ■, . ■ ■fr . : ; / ■ ^ ■*"'.-" / '■ ■ ■ / ■ ■-■ - ■ .» / ' /■ ■ ^' ,■ ' ■ / . '.-"."." ." ■■ . ■/ ■ ■"" / 1 ■ t ^ -■ '■', ' ■ ' , ■. / ■' 7 ■ ' * .■ - *■■■■. . .■ ' . ' ■ ■ . - . . 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V ' i / »^ ■#i; ^ S' # ■\ .- 1 •\- / \ If. 1. < «;« ^ ■!^: v'.-; » * JSpf- *p " « i^ $• ■'^ i^ machineiry for working, smelting, or otherwise prepjjring, an(?^|f i^s of transport for con* veyin^, mines and minerals ; the i*ork»Eg of mines,* and the sale or other profitable disposition of the mineifis dbtaioed tfaerafrom^ with power for the Company to sell (Mriease any miiies,^ nineralf, or lands belonging to the Company, or any piivil^ in relaticm to mines, miqfrals, or lands that may bl vested H^ Company ; and' tlie doing all such other mattere and thing| m"^ directly or in- directly incident to the above-mentiomtT ^^^fnO^a^ or oonducivo to the carrying into effect the objects «f the Oq^mj^ 4.-r-The liability of the shareholdem h " linated." ^ 5.— The nominal capital of the Compu^ is £50.000, divided into 50,000 shares of jEI. each. A-odrtiw.««Idrtywilrter*l under "Th,jol^ stock Ooii«^^ >Tr,f-f(»'''i / I ! • r i ' ^'Wlf- *t. ('• ^ ^■'t- .*»■ »,,.*"' 1^7^ VI',- •■ r; -:y-'<- im ^ \ i' — . •\ . CSJS-lF-^pA 1W( ^nf- ' • -4"- ARTICLES OP ASSOCIATION' OF TBB >-• NEWFOUNDLAND MINING AS80.CUTI0N LIMITED. . / i[tiB agreed aa. follows :— / ^ . l.r-Tl^t; the regulations of Table B in t'fie Schedule to the Joint Stodk Companieili Act, 1856, shall not apply, and that these Articles of Association shall be substituted fprnwch regulations. 2;— That. Nicholas Heald, William Tri|tfam, Arthur Wentworth Lyon, William Charles Brown, and William Hobbs, shall be the first Directors of th« Company. '^ 8. — That Frederic Newton Gisboijy shall be the Managmg Di- rector of the Company in Newfoundland and its dependencies, and shall/or his services as such receive the remuneration following, viz. the surplus dividends arising from the profits of the swd Company to /the extent of ^te per cent, ann^ly on the capital after the shasholders shall have been first p^il^pjridondg ont of such profits to t% extent o( ten per cent. antiaall|y%n svich capital ; that such remuneration shall continue" to bo pp^4<^.to the said Frederic Newton Gisbornb as the originator and promoter of the enterprise, notwithstanding he may, at the time of the profits, admitting of such payitncAt, have ceased to be the l^onti^g Director of the Comptoy. .4f-^Timt'Hartley Packer Oisborne be retained as Manager (or Secretiiry) of the business of the Company, and that he be paid Btich BSlifty as the Dire6t5rs may think fit, atd also all such ex* j^nces'Which he tday inicnir, as the Directors may deem reasonable, ilk the diB(!ihdVge(^hhf duties as such Manager, and that he be not disrmsseii etcept hj/epedal resolntion of the Company passed in the'iianniMrprestfi^lfedly^Bec. 34'of th6 said Aet. _ _^ 'jf ■\ \ -:f :V 7" ' }y :j^ yj-*^^ *— ^^— i-.-K- 6.--That Mr. Jamos Stroot. «»f Manchostor, nhall be the flrat Rolicitor of the Company, but tho Solicitor for tho time being may be removed nt tlio pleasure of/the Directoni. ' SHARES. 6.— That a person bo Jeomod to bo an original shareholder on his signing an accoptanteo of sharcB, or making any payment on account of them. 7.— Every shttrohoMer shall on- payraoRt of one shilling bo en- titled to ft certificate under the ComiAon Seal of the Company, specifying the shan/or shares held by him, and the amount paid thereon. 8. — When seWral persons are joint holders of a share, the receipt of one of them /for any dividend payable in respect of such share shall bo sufficient. TRANSFER OF SHARES. 9.— Th4t no share sl^all bo il^nsferred until all calls upon it be fully pya up. / .>^ . ^^ 10.-7^Tliat tho Company shal have a lien upon the shares q{ a shareholder for any de'^t duo to them, an'd that the Company may ^efu^ to register any transfer of shares made by a shareholder who ifi indebted to theni. \ " 11.— The transfer bobks shall bo closed during the fgurteen days immediately preceding tl^o ordinary General Meetings in each year. TRANSMISSION OF SHARES. f2. — The executors or al^ministrators of a deceased shareholder shall bo the only persons redpgniscd by the Company as haying any titlb to his shares. 113.^— Ajiy person becoming entitled to a share in consequence of the death, bankruptcy, or insolvency of any shareholder, or in coi*- sequUce of the marriage of ariy female ^hMreholder, oj in any Way other\ than by transfer, may b^ registered as a shareholder upon such ^vidence being produced as Way be required by the Company. Ji\ -.-^- .-V -77 ■ '•'■"fp#"*f ' \ ,A 14. — If a transferor of shares is itouio other than the person whoso name appears on the register as the shareholder, the deed of trans* fer shall be accompanied with such evidence as may bo nooossary to show the title of the transferor, and no such transfer uhall be valid until approved of, accepted, and registered by the Company. CALLS. ' . 15. — That the Compaqy may from timo ,to time make such calls upon the shareholders, in respect of monies unpaiU upon their shaMt.- ^«4bey may think fit, pmvided-titttfonftdl^ttotic^ at the least be given of each call ; that no more than ope shilling per share shall be called for at one time, and that calls shall not be made at less intervals than three calendar months ; the calls to be paid in such, manner as the Company may appoint. 10.— A call shall be deemed to have boon aode at the timo when the resolution authorising it was passed. 17.— Unless otherwise resolved by the Company, calls may be made by resolution of the Board of^irectors. 18. — If any call be not paid by thv Jiareholder by the day ap- pointed for the payment thereof suchshareholdor shall pay^ interest for the sune at the rate of ten pounds per centum per annum from the day appointed for the payment thereof to the^ time of the actual payment. 19.— The Company may, if they think fit, reoeive from 'any Of th|g||vwhorders willing to advance the same, all or any part of the mll^ due on their respective shares beyond the sums aotuallj called for, and upon |he monies so paid in advance, or so niuoh thereof as from time to time exceeds the amount of the calls then made upon the shares in respect of which such advance has been made, the Company may pay interest at such rate as the 8hai«- holder paying guoh sum in advance and the Company may agree upon- ■...■ "... \ ■ ,'. ;....,■-%.-■ -...,■.. ;■., ;.., ,;! PORFEJTTTfiE /OF SHAKES. „ 20.— If a shareholder fails to'pay any call due on the day ap- , pointed for the payment thereof, the Company may at any time, ,\ >'V i TT ^s jppi^^t ;T'jP)r' ^ ■'rr - n» thorcaflor, m long as the o»ll remaini unpaid, gtvo notice to such ihurcbc^Qr tliut umIom' payment l>d made of >uoh call together with thijjlillj^nli^i duo theroqp, withli) such time (iiot being 1cm tlian forty . ^j^iyf Dro^ the d'ate of rach notice) and at such yluco a« tho Com- 'pauy shall aj^iut, such sliare shall bo forfoitod. ',^1.^— If the ruquiuitionM of such notice am not complied with, any share, in' respect of whiclj^sugh notice has boon given, may bo forfeited by a resolution of the [Directors declaring the some to \^ forfoitod. . . 3 > 2a.— Whton any shares have been so declared to ho forfeited, notico of such forfoituro shall bo given to such sltArohoIdor, bnd-an entry thereof shall forthwith bo made in the register of shareholders, • stating tho date of such forfeiture. 38.— Any shares so forfeited snail become tho property of the Company, and maybe disposed of in sUch manner as the Qom- j^Aoy ^all think' fit. ^ - 24.-T-Any sharoholder. wliose shales have been forfeited shall not- 'withstanding bo liable to pay! to tho Company all calls owing upon mich sbiures at the time of tho fiA-foituro. >%"., ,"*.'. / , INCREAijJE OF CAPITAL. , -r * V-! S(.-^The Company may, by special rosolntion aa jteroinafter pro- tided, increase its capital to a sum not exceeding £lOOjOOO m the whole. 90.-• _ * THE DIRECTORS. 38.— The qualification oCa Director ^h^ll l#*the possession, in Wi own right, of SOO shares, at the least, for six months previona to his election as a Direoior, except in the case of the first appointment of Directors. '. ..,.'* , 33. At the finjt ordinary mooting after the incoirjoration of the Company, all the JDirectors shall retire from office, but shall be eligible for re-election. < . 34. — ^At the first ordioisury meeting all the Directors shall be elected. At the first ordinary meeting in every suboequent year, two - of the Directors for the time being shall retire firom office : it shall be determined by ballot whidh of the Directors are so t(^ retire in the firit and, second years, and afterwards those ahdl retire who have been longest in office. . .^^^"^ ^m^- »v ' V ■ 1 35.— A retiring director shall always be .eligible for re-electloii. 36.~Forty days' notice at the least shall be given to the Company by any person offering himself for election as a Director, or by any per- son proposing another to be a Director ; and 30 days at least before the general meeting a notice shall be posted to each shareholder of the names of the persons so proposed to be Dir^tors ; and no person s^all be eligible to be a Director unless such noUces shall have been gisen. ' ^ » . \ " 37.— The Company shall, at the general meeting, fill up any vacancies in Ae office of Director ; but if a^ any meeting at whfch an,, election of Directors ought to take place no such elecUon is made fe/ want of properly qualified candidates, or any other cause, the meeting shall be adjourned for thirty days, and notice of the vacancies in the office of Director, and of the caus^, 'aqd the time and place of such a^oumed meeting, shall be forthwith sent by post to eVeiy share- holder; and until such adjourned meeting shaU be holden, and such vacancies filled up, the former Directors shall continue to act. 38.— The Company may, from time to time, by special resolution, increase or reduce the number o^irectors. so that the same sh&ll not be less than three, and may als3 determine in what rotation such increased or reduced number shall go out of office. 89— Any casual vacancy occurring in the Board of Directors may be fiUed up by the Directors ; but any person so chosen shaU retain his office so long only as the vacating Director would have retained tiie same if no vacancy had occurred. ■<'' ! DISQUALiPICA'raON OF DIEECTOES. - 40'.— The office of Director^all be vacated— . If he ceases to hold the qualification as a shareholder above required. If he holds any other office or place of profit under the Company. ■-.■ : If he become bankrupt or insolvent, <)|r compounds with ;>_■ his creditors, y-y-y':.'--.^..:,:'^ If he is concerned in or participates in the profits of any contract" with the Company. ■ r/ f . ^y'l n nfp^f^fr M-^ ■ . n But the above rules shall be subject to the following^ exceptions *. That they shall %ot extend to the Managing Director or to the Manager, so long as they shall severally be and remain shafeholders in thi^ Company to the extent of 500 shares, nor to any Director who, being concerned in er participating in the profits of any contract, shall have the same approve*^ by the vote of the general meeting of the Company n6xt following the making of the contract ; nor/u) any Director who shall be a shareholder in any Joint Stock Company which has entered into any contracts with or done any work for the Comply of which he is Director. Nevertheless he shall not vote in respect of any snch contract, u||Lif .he shall sO vote his office shall be forthwith vacated^ and he ahm/m disqualified from being again elected a Director. ^ .' ; ■ ■ u > ■ ■ ■ ■ , . / POWERS OF DIBEOTORS. 41. -'The Directors shall manage the business of the Company, and exercise all such powers as are not by the statute, or by these articles of association, declared to be exerciseable by the Company in general meeting, subject nev^theless to the regn||tions pre- scribed by these articles, and to such resolutio^s-^ndi being incon- sistent with these articles or the statute — a&miE^y be passed oy the Company or general meeting. But no resoliltioh pf the Company in general meeting shall invalidate any prior Act of the Directors which would have been valid if such resolution had not been passed. 42.r-The Directors shall meet for the dispatch of business, ad- jonm, and otherwise regulate their meetings as they shall think fit. Three shall be a quorum.' Questions arising at any meeting shall be determined by a majority of votes. In case of equality of votes the Chairman, in addition to his ori^al vote, shall have a casting vote. Two Directors may, at any time, summon a meeting of the Directors on giving three clear days notice thereof; but no resolution passed at a meeting so summoned shall be valid unless confirmed at the next regular meeting of the Directors, except it be on some matter of urgency which requires to be done before such xegular meeting is held. 43. — The Directors shall keep an attendance book, in which each Director present, within 15 minutes after the hour appointed 4 M i 13 for 44.-Thclrm«torB shall oleol. Chairman „f llwir meelinm ft>, ««hy,., -If.,.„y ^^.i„g ^ Chairman ian^nU^ft! to..ppomtei for holding it, .ho Directors prtsenSK 4S.-Th7«g«IatiL.hrt"r^ imposed on them by the Directors. ^ 46 -A Committee may elect a Chairman of their meetings If ^ Chjurman^ elected or if he is ndt present at the time ap^^ number to be Chairman of- such meeting. . "^neir . 47^A Committee may meet and adjourn as they think proper • n ''^l^'^-^ «^-" ^.^Jeterminedby a n^jority^re^ Of the members present. In ca^ of any equal divLio/of votes the Chauman shaU have a casting vote. "* voies of t^r^ done by any meetbg of Directors, or of a Committer of Directors^, or by any person actmg as a Director shall nof J.i, standing that it be afterwa^s discovered that thtV^ some d^^^^ ^ the appomtment of any such Directors, or persons rting L aforesaid, or that they or any.of them were disqudified. be TyaM vidS^^p::;^^^ '_ . First,--Of all appointments of officers made by the Directors, "• ; Second,-Of the names of the Directors present at ^ each meeting. * Third,-Ofall acts aS'andresolutions made otpjissed of all moneys ordered to be paid, and of all the i' 1 P. \ "^^^ ■fwr • (-^ ~fi T^^' ■'%', ff' < 13 W ' proceeding of erery meeting of ihe Directora and of the Gompanj ; and any saob minnte as aforesaid, ■ rrf) if signed by a|iy pMNKm paipeffting to be tiie '"< Chairman «of any OMeting of Directors, shall be reocivoble in evidence withoni any farther pro«^ .50.i»tT/DfaeJDiieoiors shall keep a book riiowing a genend aoeoont ef the moneys received a^d paid np to the da^ of the neetingj with a balance struck sliowing the state of the cash aooount, wbioll book shall bo produced to the Board at each mating, and ngned by. the Ohainuan in at^nowledgment of such pvoduolion. "^ 6:^.-r-a?he Oompan^ may, by special resolution in the maaiMff hereinafter pB0fvided,/remoTe'4ny Director before the expinition ai the period of his ofBoe, and appoint another qnlilified peigon ia his stead ;^ .but the per^ so i^pointed shall holdofloe danng.sach timeonljpiiiqif. the 'Director, in whose place he is appointed, would bave Jield tlie>aame/if he huadsot been remoT^dd. < ; i • > ,,j&a.rr!rT]M Directors riiall not enter into any contMot aboTo'iha i^aloe o£ JQO, exempt the same be in writing, nor shafltiiey enter i^tottnyeaniraots /whatever exceeicling in value the rainii of £1,600, noc otbefwiw tha^ for the sole use oi the Oompany, without th» oonaetttof -tl^e.Cf^papy, by qtecial resolution. > J :^.Ttt3?hisDireJ9tor8 an to appmnt and dismiss all the servants <^ ^tdvporsons employed by the Company, ^xoept the Ifanagert who isjolyilo^be disx^issed in the manner hereinbefore provided). 54. — The Directors shall bo paid such sum lor th«ir servioeafoT' It ye^ur ais ibis Con^^yy at their anniial;g«neral meeting, idiMll^^dfinuaBine,|.8nch is^um jo be diviedble among the JgiMotomin priq^igrtiiinxto ifab^ number of at^dances (^ each as shewn by Iho \ .iO i ore shall oause true stat^unents to be kept in foinr separate books., 1. Of the stockiin»tr,ade of ,the Company. 2.1 Of the sums of money received and "expended by the Company, and tlte matters in respect of wbiich MK^ reee^t «ai' expenditure take place, I? a ? k ■8t day of every monl 56/ The Directors shall ca4se the amounts of the Company tJbb kept kt the principal office/of the Obibpany, and subject to si<^h , manner of keeping and suoti reasonable restrictions as to the tLe and^nanner of inspecting ^he same^ may be imposed by the Qom- paii;^ in general meeting, /and shair be open to the inspection ofany »iarebolder during the bbura of bbsiness. _ ,' 67.-Twioe in everV year tl^l Directoia shall lay before the Company m geheral mfeting a statement of the income and expen- diture of the pasi hidf/year, made up to * dato not more than two calendar months beforfe such meeting. / 68.~The statemU so made aWl show arrang^der the most couTemwit heads the amount of gross income, distinguishing the several sources from which it has been denditure, distinguishing the expense of the establishment, salaries, «d other like matters; every item of expenditure f«rlj Qhargeable agamst the year's income shall be brought into account 80 that a just balance, of profit^nd loss may be laid before the ^ee.tmg; and i^ case where any item of expenditure, which may & faurness be distributed over several years, has been incurred in Miy oije year, tb^ whole amount of such item shaU be stated with the addifaon of the reasons why only a portion of such expenditure is dharged agamst the income of the year. yT^ '^ 59.^ babneeiheet shall be made out twice in evwyyeWaS laid before tho generalmeetings of the Company, and such balance sheet ahail contam* suWimaiy of the property and liabilities of the Com- pany. arranged under the heads appearing in the forms annexed Uy these articles, or as near thereto as circumstances admit 60.~A printed copy of such balanci sheet shall (21 days nrel ^ousjy ^ such.meeting) be delivered at or sent Igr jK^t to^. /ragistered address of every shareholder «?y P I the shareholders 30 clear days at least before -Ndtfce of g^ven to me^tmg, and the; be Sent by post tii^ general mee /65.— The tl ompany, is continuahce in . ■ ■J.r-,i..^|._^,--.J In to be an »g- ars; leration of the 4rst Auditor shall be fixed 1^ the 'of all subsequent Anditora shall be fixed by ihe' time of their election. - » ' ' — ■'^. _^ [ditor riiall be re-eligible at the expiration' of hifr it^Jno puiy at .—Any lod of 7.-^Iyany casual vacancy shall occur iu the ol6od of i ,e DircMBtors shall forthwith call aii extraordinary general me for the purpose of supplying the sain(e, J".i- . ■< ;.^ ■ • AUDIT; ..^.- ]-■ c::-..-/. ■'T.c.iil.*' blad month at least before the general meeting fhe of th6 Qitepany shaU be audited by the Auditors, who to the pireotoxs ten days notice of the day appmnt^d by 69i-~The Directors shaU snpply to each of tiie Audited, seven daysbefore the day appointedfor the audit, a copy of the baliuuie sheet. : 70. — ^At ibe audit it shall be the duty of tibe Auditorsio examme the balanoe sheet with all itccounts and vouchers itAaiiog thraetoL 1 '^Ij.tTfBich AiM^toririiaU be viypplied witha list of tMe> books kept by the Company^ and he- phaUat all retMNoaHe tinm 1mkv« aecesK to the books and accounts of ilie Company^aiid at/Uke expirase^oC. J*- ^ l\ > p^, r r ■ I :ii 'S- » / \S the Company, employ accountantu or other pertons to assist him in investigating such accoonts, aad^be may examine the Directonr. or any other officer or the Company in relation to such acfcounts. *!. ^?-7'^**® .Auditors shall make a report to the Shareholders i,pon the balance sheet and accounts, and in every such report they shall fltale whether in their opinion the balance sheet is a full and fair baUnoe sheet, containing the partioulars required by these artiojea of association and properly draWup, so as to exhibit a true and correct view of the Company '^ atfairs ; and in case they ]|iave caUei for explanations or information fifom Ae Directors, whether sueh: explanations and information haf c been given, and whether th«y have been satisfactory And mk report shall. be read, together wi^ the report of the toifectorg,/ at the ordinaiy gener^ meeting . of tiae Company. /. - • N ■ " ' h ' '■ ■■'/"■ ' . . ' OENBRAl/ MEETINGSr: "TTfr :■•;:: '-7:;:;:: V^ 78.--The flrrt general meeting of the Company shall be held at jraoh time, aotbefaig motb than s^vert months after the inoblboratiDn T^ ^ff*°y' ""^ ** »««h place, Ml the Direotohi may determine. 74.~Sub8equent general meetiiigii shall be heW.cte^e firtfc Moiriay y the Directors. .^7»,--The above-mentioned general meetmgs shall be called Mdinwy meetings, all other general meetings shall be called aitra- WUMiy genend meetings. 76.— The Directors may, whWevieftr ^ej think fit, and they shall, i^i^nqi&itioil made in writing by any mimber ofshnteholftrs. ■«irt|r a» tbo aggrdilKte not leas than one*t«nth ^Murt of the)(di«*e» Of the domj^af^^ convene an extraordinary gefaend mB0tiiig<.. _77.-.Any requisition so made by the shareholders shall expi^egs ' the/abjootrf tMemeetinjf propbaed ta be called, and shMlb^^Ieft aHhe BegiWdred Office of the Company. fltr^^ *^ ^"^^ **^ ■**** re^i^itiorti ihe Di^^rs «baU fortUwith pvoceM to cmtvene a general taaitiwg', it tlwy do nofc I»rooe«I^tofcDtlvtadthe i«me within n^yBttm.^ > hi . - -If iheie i| n& toA CSMinnan, or\if aftaoy maetiBgLi1»irI nob^sent at tiia tiihe of holding the simeV ihe.ehaiahfaMsn fim' > ftnt: riudl eiooap lodM oiB <& thai* laimbar t^b* ChaiiMd Hlf^t 86.— The Ohainnan may, with the oonsent\of the niaaliali, A**-. j«nAia^to«Aiilf fiOMttliMfotiniiv ittS fr(«f^yiM WfMoef Mit 110 btiaiiiMfr tibidlklliMHlt^d Mittr<^ MM'liWit V \'\ Vpp k . •\ 18 tfce bauneu left onfiniihed at the meeting from which the adjoai ment took place. / 87.— At any general meeting. nnleeB a poll is demanded^y at least fire eh veholders, a declaration by the Chairman, thZ a re- solution has been carried, and an entry to that eflfoct in tWbook of proceedings of the Company, shall be sufficient evidence of the fact, without proof of the number or proportion of the rotes re- corded in favour of or agabst such resolution. 88.— If a flolLij^emanded 'vs^ manner aforesaid, the same shall be taken in such mai|ner as the Chairman directs, and the result of fluch poll shall be deemed to be the resokaon of the Company in general meeting. VOTES OP SHAREHOLDERS. ^ro.-:KvM3L^reholder shaU have one vote for every twenty ahaws np to 100, and one vote for every ad^tbnal sixty shares up to 1,000, and one vote for every additional 1,000 shares up to 6,000, bat ke shall not have moie ih«i| twenty-five votes in-the whole.' 90.— If any shareholder be r lunatic or idiot, he may vote by his- committee, ctirator boifis, or ^her' legal ouralor ; and if any share. „ holder be a minor, he i?«>3f vote by his guardi|»n, tutor, or curator, or any pne of his guardiius, tutors, or curators, if more than one. 91.-1^ one or more persons are jointly entiUed to a shkre or shares, the person whose name stands first in the register of share- holders as one of the holders of such share or shi^res, and no other shAll be entitled to vote in respect of the same. / « , '- »a.--No shareholder shall be entitled to vote at any meeting uifless aU caUs due from him have been paid, nor untU le shall HavS been possessed of his shares three calendur months, except in the case of an original aUotted Shareholder, or unless such shares shaU have been acquired or shall have come by bequest, or by marriage . or by Boooession to an intestate's estate ; or by the custom of the City of London, or by any deed of settlement after the death of ^ any person who shaU have been entitled for life to the dividends of Bach.iduiies. ..■::,/■) i: c— \^ : »8.^Votee may be given either persop^Uyw by pwaies, » W^^lM voteB to cany the qaesUoq ; > pi^^y sh^ be appointed / n V-v ^^^,. r-v .n'" .i vf iiiitoi r'^r^' T\ :i^A- r-v . - 1 . 19 ill Wriling under the hand of the appointor, or ifmch i^pointor ia A corporation under their common seal. 94„Ko penon'ahallte appointed a proxj who ii not a ihare- holder, and the initrufnent or mandat« ^pointbg him ihall h« deposited at the Regiatered OfBoe of the Oompany not leia than 48 hours before the time of holding the meeting at which he propoaea to TOte ; bat no initrament or mandate appointing a proxy shall b« valid after the expiration of one month from the dateof ita exeoutioii., " :-■ : ■ ■ ^ ~ DIVIDEKDS. .' ■■■>:..,., 9ft. — ^The Diretorsjnay, with the sanction of the Com^infhk general meeting, declare a diridend to be paid to the ihaivholdbit in proportion to their "shares. 90. — No dividend shall be payable except fipom the profits arising from the bosineas of the Company. ^ J^ 07. — The Directors may, before reeommending any dividend, set aside out of the profits of the Company such sum as they think proper as a reserved fond to mieet contingencies, or for equalising dividends ; and the Directors may invest the som so set apart as a reserved fond upon such seeuritieij as they, with the sanction of the Company, may select 98. — ^The Directors may deduct from, the dividends payable to any shareholder all such sums of money as may be due from him to the Company on account of calls or otherwis6^. V _ 99. — ^Notice of any dividend that may have tiaen deelived ahall be given to each shareholder, or sent by )m4 or otherwise to his registered place of abode ; and all dividenw«nolaimed for three yearS'iifter h«ving been declared may be forfeited by the Direoton for the benefit of th^ Company. 100.— No dividend shall bear interest as against the Company. ' NOTICES. - r^ 101. — ^Notices requiring to be served by the Company upon the shareholders may be served either personally, or 1^ leaving the same, or sending them through t\xp post, in a letter addressed to the shareholders at their registered places Of abode. lQ2.'=-AILnotioM diiactad to be givien to thej^diaieheIdM»Bhal^ '^% m I ■^^W""^^' ^W- \ """^m \ ^ 4 given to whichever of tho SZL^ZT "'? J"^""'^ '^*^, h. ihe p«.p™tor« of MoliXJ!!'?^^ -»ffl. ; ti "... '- /■ 'i ■ •; u y i 1^ 'r , tv i'H» *. 41 ^m> I w ;^^ 5- lip" =>£=