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The Pamphlet Collection of Sir Robert Stout: Volume 68

Eduction of Capital Consolidation, and Subdivision of Shares

Eduction of Capital Consolidation, and Subdivision of Shares.

41. The Company may from time to time reduce its capital, and may by consolidation or subdivision divide the capital or any part thereof into shares of larger or smaller nominal amount.

42. The Company may cancel any shares which have not been taken or agreed to be taken by any person.