Increase Of Capital.

30. The Board may, by a resolution at a meeting of the same, specially called for the purpose, at any time or times, increase the nominal capital of the Company up to £250,000 by issuing 15,000 shares of £10 each in such numbers at any one time as they shall determine; page break and the Company may, with the sanction of the Company by resolution passed at a general meeting specially called for the purpose, at any time or times, increase its nominal capital by the creation of such new shares as shall by such resolution be determined upon.

31. Any such increase of capital shall be considered as part of the original capital of the Company, and may be made payable in such manner and at such times and places as the resolution, whether of the Board or the Company, authorising such increase or any other resolution passed at the same time shall direct, and all the provisions herein contained with respect to the original capital, whether with reference to the payment of instalments and calls, or the forfeiture of shares on non-payment of instalments or calls, or otherwise shall be applicable to the new capital as if it had been part of the original capital.