...(i) A company shall not commence any business or exercise any borrowing powers unless — (a) shares held subject to the payment of the whole amount thereof in cash have been allotted to an amount not less in the whole than the minimum subscription ; and (1) every...

...1862, s. 29. LIABILITY OF HEMBKKH. 64. Every share in any cjmpany shall be deemed and what ii>biiu> taken to have been issued and to be held subject to the Jl^any"-"*1 payment of the whole amount thereof in cash, unless the same has been otherwise determined...

...are to be issued and held. — Every share shall be deemed and taken to have been issued and to l>e held subject to the payment of the whole amount thereof...a contract duly made in writing and filed with the registrar of joint stock companies * at or before the issue of such shares.5 В.— METHODS OF PROMOTING...

...Morris to Mrs. Morris. By section 27 of the Companies' Act, every share in this company is to be deemed to have been issued and to be held subject to the...the whole amount thereof in cash, unless the same has been otherwise agreed upon or determined by a contract duly made in writing and filed with the...

...any nxpress provision to the effect that every share shall be deemed nud taken to have been issued subject to the payment of the whole amount thereof...shall have been otherwise determined by a contract filed with the proper officer, was noted by the learned Chief Justice of the Common Pleas in Re McGill...

...subjectto par in cash, exceptions.—Every share in the company shall be deemed to have been issued and be held subject to the payment of the whole amount thereof in cash, subject to the two following exceptions: (1) Part payment in real estafe at organization.'—In case...

...had reference to sec. 25 of the Companies Act, which provided that any shares should be deemed to be issued and to be held subject to the payment of the whole amount in cash unless it should have been otherwise determined by a written contract filed with the registrar...

...to par in cash, exceptions. — Every share in the company shall be deemed to have been issued and be held subject to the payment of the whole amount thereof in cash, subject to the two following exceptions: (1) Part payment in real estate at organization. — In case...

...prospectus as the minimum subscription upon which the Company may proceed to allotment is £ THAT shares held subject to the payment of the whole amount thereof in cash have been allotted to the amount of £ THAT every director of the Company has paid to the Company on...

...(1.) A company shall not commence any business or exorcise any borrowing powers unless — (a) shares held subject to the payment of the whole amount thereof in cash have been allotted to an amount not less in the whole than tlie minimum subscription ; and (&) every...