.jpg)
The Pamphlet Collection of Sir Robert Stout: Volume 27
V.—Transfer of Shares
V.—Transfer of Shares.
11. The instrument of Transfer of any Share in the Company shall be executed by both the Transferor and the Transferee and the Transferor shall be deemed to remain the holder of such Shares until the name of the Transferee is entered in the proper Register in respect thereof.
page 9
I _____ of _____ in consideration of _____ paid to me by _____ of _____ do hereby transfer to the said _____ Shares numbered _____ in "The New Zealand Native Land Settlement Company (Limited) " standing in my name in the books of the said Company to hold the same unto the said _____ his Executors Administrators and Assigns subject to the several conditions on which I hold the same at the time of the execution hereof And I the said _____ do hereby agree to take the said Shares subject to the conditions aforesaid.
As witness our hands this _____ day of _____ 188
The Directors may require that no transfer of Shares held by any Aboriginal Native owner shall be valid until the same has been consented to by the Native Committee with whom such Aboriginal Native owner is connected and further until the Directors for the time being have consented in writing to any such transfer And every Share Certificate or Scrip for Shares issued to any such Aboriginal owner shall be indorsed as Not Transferable except with such consent.
13. The Company may decline to Register any Transfer of Shares made by a Shareholder who is indebted to them or unless the Transferee be approved by the Board.
14. The Transfer Book shall be closed during the thirty days immediately preceding the Ordinary Annual Meeting in each year.
15. Upon every Transfer of Shares the sum of Two shillings and sixpence shall be payable to the Company.