The Pamphlet Collection of Sir Robert Stout: Volume 88
Increase of Capital
page 17
Increase of Capital.
30. The Company may, with the sanction
of the Company previously given in general meeting, increase its capital.
Increase of capital.
31. Any capital raised by the creation of
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.
New capital and shares.