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The Pamphlet Collection of Sir Robert Stout: Volume 88

Dissolution of Company

Dissolution of Company.

Dissolution of the Company — Resolution of two successive general meetings necessary to dissolve Company.

98. The Company shall be dissolved by the resolution of two successive general meetings the first of them convened by two calendar months' notice and the second of them convened at an interval of not more than two mouths after the first and by not less than fourteen days' notice so that each such resolution be passed by the votes of a majority consisting of three-fourths a at least in number and value of the Shareholders for the time being of the Company.

Company not to be wound up otherwise than as herein provided.

99. It shall not be lawful for any Shareholder or any number of Shareholders to dissolve the Company otherwise than as is herein provided or as provided by the Joint Stock Companies Act, 1860.