154. All notices to Registered Shareholders, or their executors, administrators, assignees, or trustees, either for calling General Meetings, or for their adjournment, or for any other purposes, shall be given by sending letters to such Shareholders. All letters or advertisements sent or issued in pursuance of this Article shall be signed by or have printed at the foot the name of the Secretary, or such other person in his place as the Board shall appoint, except in the case of a meeting convened by Shareholders in accordance with these presents; and, in that case, shall be signed by, or have printed at the foot the names of the Share-holders convening the same.

155. The said letters may be served upon the said Shareholders, their executors, administrators, assignees, or trustees, either personally, or by sending them through the post in a prepaid letter, addressed to the Registered Shareholders (notwithstanding they may have died, become bankrupt, or made an assignment), at their registered addresses, or at their places of abode.

156. Any notice so sent by post to a Registered Shareholder shall be deemed to have been served on him; or if he shall have died, become bankrupt, or made an assignment, then upon his executors, administrators, trustees, or assigns, on the day the letter containing it shall have been posted; and in proving such service it shall be sufficient to prove that the letter containing the notice was properly addressed, and put into the Post Office at Christchurch.

157. All notices given to Registered Shareholders shall, with respect to any shares to which persons are jointly entitled, he given to whichever of such persons is named first in the Register of Shareholders, and notice so given shall be sufficient notice to all the holders of such shares.