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The Pamphlet Collection of Sir Robert Stout: Volume 88

Increase in Capital

Increase in Capital.

20. The Company may with the sanction of the Company previously given in general meeting increase its capital.

21. 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.