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" Every member of the Association undertakes to contribute to the assets of the Association, in the event of the same being wound up during the time that he is a member... "
Proceedings of the Royal Philosophical Society of Glasgow - Page 523
by Royal Philosophical Society of Glasgow - 1879
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Proceedings of the Royal Society of London, Volume 55

Royal Society (Great Britain) - 1894 - 556 pages
...unlimited. 7. Every Member of the Association undertakes to contribute to the assets of the Association, in the event of the same being wound up during the...afterwards, for payment of the debts and liabilities of the Association contracted before the time at which he ceases to be a Member, and of the costs, charges,...
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Parliamentary Papers, Volume 2

Great Britain. Parliament. House of Commons - 1857 - 490 pages
...and a Common Seal, with Power to hold Lands, but 25 with such Liability on the Part of the Members to contribute to the Assets of the Company in the event of the same being wound up as is herein-after mentioned : The Certificate of Incorporation given by the Registrar shall be conclusive...
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The Jurist, Volume 6, Part 2; Volume 24, Part 2

1861 - 624 pages
...having the liability of its members limited to such amount as (he members respectively undertake to contribute to the assets of the company in the event of the same being wound up, hereinafter referred to as a company limited by guarantie, the memorandum of association shall contain...
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The Statute Law of the Bahamas ...

Bahamas, Sir George Campbell Anderson - 1868 - 380 pages
...and a common seal, with power to hold Lands, but with such liability on the part of the members to contribute to the assets of the Company in the event of the same being wound up, as is hereinafter mentioned. A certificate of the incorporation of any Company given by the Registrar...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - 1863 - 680 pages
...guarantee the assent to its being so registered shall be accompanied by a resolution (e) declaring that each member undertakes to contribute to the assets of the company, in the event of the same being wound-up, during the time that he is a member, or within one year afterwards, for payment of the debts...
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International Commercial Law: Being the Principles of Mercantile Law of the ...

Leone Levi - 1863 - 572 pages
...and a common seal, with power to hold lands, but with such liability on the part of the members to contribute to the assets of the company in the event of the same being wound up as hereinafter mentioned. A certificate of the incorporation of any company given by the registrar...
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International Commercial Law: Being the Principles of Mercantile ..., Volume 1

Leone Levi - 1863 - 570 pages
...and a common seal, with power to hold lands, but with such liability on the part of the members to contribute to the assets of the company in the event of the same being wound up as hereinafter mentioned. A certificate of the incorporation of any company given by the registrar...
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The Companies Act, 1862, with Analytical References and Copious Index ...

Anthony Pulbrook - 1865 - 238 pages
...Constitution, tfec.) 3. The objects for which the proposed company is to be established : £ 4. A declaration that each member" undertakes to contribute to the...the company, in the event of the same being wound upb during the time that he is a member," or within one year afterwards,0 for payment of the debts...
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Joint Stock Companies: Being a Practical Treatise on Their Formation ...

Richard Spearman E. Farries - 1865 - 206 pages
...by guarantee, the assent to its being so registered shall be accompanied by a resolution declaring that each member undertakes to contribute to the assets of the company, in the event of the same being wound-up, during the time that he is a member, or within one year afterwards, for payment of the debts...
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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - 1865 - 518 pages
...and a common seal, with power to hold lands, but with such liability on the part of the members to contribute to the assets of the Company in the event of the same being wound up as is hereinafter mentioned" (sect. 18). The certificate of incorporation is prepared by the registrar,...
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