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The Pamphlet Collection of Sir Robert Stout: Volume 88
Transfer of Shares
Transfer of Shares.
12. The instrument of transfer of any share in the Company shall be executed both by the transferor and transferee, and the transferor shall be deemed to remain the holder of such share until the name of the transferee is entered in the proper Register in respect thereof.
"I____of____in____consideration of the sum of____paid to me by____do hereby transfer to the said____shares numbered____in "The National Fire and Marine Insurance Company of New Zealand" standing in my name in the books of the said Company To hold 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 share subject to the conditions aforesaid As witness our hands the____day of
14. The Company may decline to register any transfer of shares made by a shareholder who is indebted to them.
15. Every shareholder shall be entitled to a certificate under the common seal of the Company, specifying the share or shares held by him and the amount paid up thereon; and upon any transfer of shares the sum of two shillings and sixpence shall be payable to the Company.
16. If such certificate is worn out or lost it may be renewed on payment of the sum of two shillings and sixpence for each certificate.
17. The transfer books shall be closed during the six weeks immediately preceding the ordinary general meeting in each year.