COMMISSION, xxvii, 34-40.

before this Act, how far legally payable by company, 35,

broker for placing shares, payable to, 35.

debentures or debenture stock for placing or underwriting, 35.
indirect payment of, out of the moneys of the company not lawful
except to the extent specified in sec. 8 (1) of Comp. Act 1900, 34, 39.
option in shares may not be given by company to underwriters by

"payment" of, meaning of, 88.
placing shares, for, 34-40.

way of, 40.

procuring subscriptions of shares of company, paid by company for,

34-40.

prospectus must disclose, paid or agreed to be paid for underwriting
or placing shares, 43, 52.

shares of company, for underwriting or placing, 34-40.
subscription of shares of company, paid by company for, 34-40.
subsequent issue of shares, paid on previous issue to be disclosed on
inviting subscriptions for, 52.

unauthorised payment of, liability of directors for, 39.

underwriting shares, for, 34-40.

vendor, paid for underwriting or placing shares must be disclosed in

COMMON INFORMER,

penalties recoverable by, 32.

COMPANY,

prospectus even if paid by, 52.

meaning of expression, in Comp. Act 1900, 96.

COMPANIES,

before commencement of Comp. Act 1900, registered, 97.
defunct, 88.

guarantee, limited by, 91.

incorporation of, xix, 1-5.

liabilities of, under Comp. Act 1900. See LIABILITIES.

members may make, with company in winding up, xxxviii, 87.

CONCLUSIVENESS,

certificates issued by registrar, of, 2-4, 21, 67. See CERTIFICATE.

CONDITION,

compliance with sec. 10 of Comp. Act 1900 is void, waiving, 45-46, 56.
meaning of expression, 18, 57.

restrictions of allotment of shares is void, waiving, 13.

CONSENT IN WRITING,

director to act as director, when necessary, of, 5.
form of director's, 107.

CONSIDERATION,

promoter, prospectus to state, for payments to, 43.

prospectus must state, paid for shares or debentures issued as partly
or fully paid up, 42.
report sent to shareholders before first statutory meeting must state,
paid for shares allotted as partly or fully paid up, 59.
return of, for shares allotted as partly or fully paid up to be filed
with registrar, 28, 29.

CONTRACT,

company's, provisional until it is authorised to commence business,
21.

director when required to file with registrar, to take qualification
shares, 5.

fully or partly paid up shares must be filed with registrar, constitut-
ing title to, 28.

material, to be mentioned in prospectus, 43, 54.
modification of, mentioned in prospectus, 58.
ordinary course of business need not be stated in prospectus, entered
into in the, 44, 55.

prospectus, variation of, mentioned in, 58.
provisional, until company may commence business, of company is, 21.
report sent to shareholders to state modification of, mentioned in

variation of, mentioned in prospectus, 58.

CONVERSION,

stock to shares, of, xxxix, 95.

COPY,

COSTS,

prospectus, 59.

annual summary to be sent to the registrar, of, 82.

certificate of registration of mortgage to be endorsed on debentures
or stock certificates, of, 67.

debenture to be kept by company at office of company, of, 68.
memorandum of satisfaction to be furnished by company, of, 79.
mortgages and charges requiring registration to be kept by company,

of, 68.

prospectus must be filed with registrar, of, 40.
report sent to members before first statutory meeting must be filed
with registrar, of, 60.

irregular allotment of shares, directors must pay, incurred by com-
pany and allottee by reason of 19.
winding up petition under sec. 12 of Comp. Act 1900, of, 61.

COVERING DEED,

date of, securing series of debentures to be entered in registrar's

registration of, securing series of debentures, 71.

CREDITOR OF COMPANY,

register, 66.

inspection of copies of mortgages and charges kept by company open

to, 68.

mortgages and charges which are void against, unless registered, 65.
restoration of name of defunct company to register on application

voluntary winding up, application by, in, xxxviii, 87-88.

CRIMINAL OFFENCE,

CROWN,

breach of statutory obligation constitutes, when, 29-32, 47.

recovery of penalties by the, 32, 33.

of, 91.

DAMAGES,

DATE,

director liable for, caused by irregular allotment of shares, 19.
misrepresentations in prospectuses, when recoverable for, 46-47.
prospectus, caused by default in stating particulars specified in sec.
10 of Comp. Act 1900 as to, xxxii, 47-48.

statutory obligation, payable for breach of, 47-48.

charge entered in registrar's register, of, 66.

commence business, at which company may, xxiv, 20.

incorporation of company, of, 1, 5.

mortgage entered in registrar's register, of, 66.

particular issue of debentures forming part of issue to be entered in

prospectus, must be inserted in, xxx, 40.

publication of prospectus, of, 40.

registrar's register, of, 67.

qualification shares must be obtained, at which, xxii, 10.

resolution creating series of debentures to be entered in registrar's

statutory meeting, for holding of, 58.

register, of, 66.

DEBENTURES AND DEBENTURE STOCK,

applications for, company may before it is entitled to borrow

receive, 21.

certificate of registration of mortgage to be endorsed on, 67.
commission for placing or underwriting, 35.
copy of, to be kept by company, 68.

DEBENTURES AND DEBENTURE STOCK (continued).

covering deed securing, liable to registration with registrar, 71.
endorsement of registrar's certificate of registration on, 67.

issue of, mortgage or charge to be registered if created to secure, 65, 71.
meaning of expressions, 70.

placing, commission paid for, 35.

prospectus inviting subscriptions for, 42-57. See PROSPECTUS.
simultaneous issue of shares and, 21.

underwriting, commission paid for, 35.

DEBENTURE STOCK CERTIFICATE,

registrar's certificate of registration of mortgage to be endorsed on, 67.

DECLARATION OF TRUST,

chattels, when liable to registration under sec. 14 of Comp. Act 1900,

DEFUNCT COMPANY,

as to, 72.

extension of registrar's power to strike name of, off register, xxxviii,
88, 89.
restoration of name of, to register at instance of creditor of company,
xxxviii, 90-91.

DESCRIPTION,

allottees to be inserted in return to registrar, of, 28.
auditors to be inserted in report sent by directors to members, of, 59.
directors, of,

prospectus, to be stated in, 42.

report sent by directors to members, to be stated in, 59.
manager, to be stated in report sent by directors to members, of, 59.
proposed directors to be stated in prospectus, of, 42.

secretary, to be stated in report sent by directors to members, of, 59.

DIRECTOR,

advertisement of, in prospectus, 5.

agent of, may sign consent to act as director and contract to take
qualification shares, 5.

annual summary, names of each, to be stated in, 81.

appointment of, by articles of association, xix, 5.

auditor, not to be, 83.

change of, to be communicated to registrar, 81.

consent to act as, when to be filed with registrar, 5.

contract to take qualification shares, when, required to file, 5.

de facto, company may be bound by, 11.

duties of, under Comp. Act 1900, xl.

interest of, in promotion to be stated in prospectus, 44.

liabilities of. See LIABILITIES.

list of every person who has consented to act as, to be delivered to

meaning of, in the Comp. Act 1900, 96.

registrar, 6.

DIRECTOR (continued).

name of, to be stated in prospectus, 42.

office of, vacated if he neglects to take qualification shares, 10, 96.

power of, to appoint auditors, 83.

prospectus, to be named in, 42.

qualification shares of, xxii, 5-12.

neglect in taking, xxii, 10.

register kept by company to state name and address of each, 82, 124.
remuneration of, to be stated in prospectus, 42.

repay money sent by applicants for shares, when minimum sub-
scription not reached, liability of, to, 13.
report to members before first statutory meeting must state name
of, 59, 114.

statutory declaration made by,

commencement of business, to obtain certificate authorising,

21, 111.

incorporation of company, to obtain certificate of, 1, 105.
summary of the provisions of the Comp. Act 1900 affecting, xl.
vacancy in office of, default in taking qualification shares within
necessary time will cause, 10.

EVIDENCE,

certificate of incorporation, for obtaining, 1, 4.

certificate of right to commence business, for obtaining, 21.

EXISTING MEMBERS OR DEBENTURE HOLDERS,

prospectus inviting, to make further subscriptions, xxxii, 45.

EXTRAORDINARY GENERAL MEETING, xxxiv, 64.

confirmation of resolution passed by, summoned on requisition, 64.
default in convening, consequence of, 64.

directors must convene, when, 64.

manner of convening, 65.

objects of, to be convened must be stated in requisition, 64.

inspection of register of mortgages and charges kept by registrar, for,

registration of mortgages or charges, for, 66, 125.

67.