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The Pamphlet Collection of Sir Robert Stout: Volume 88

Increase of Capital

page 17

Increase of Capital.

30. The Company may, with the sanction

Increase of capital.

of the Company previously given in general meeting, increase its capital.
31. Any capital raised by the creation of

New capital and shares.

new shares shall be considered as part of the original capital, and shall be subject to the same provisions in all respects, whether with reference to the payment of calls or the forfeiture of shares on non-payment of calls or otherwise, as if it had been part of the original capital remaining uncalled after payment of the aforesaid sums.