The Sun.
London, England, 1844-04-29 00:00:00

RESOLUTIONS.

1. That in order to prevent the establishment of
fraudulent companies, and to protect the interests of the
shareholders and of the public, it is expedient that all
joint-stock companies (other than banking companies)
for commerciAl purposes, whether future or already
formed, be registered in an office to be appointed for that
purpose.

-2: That the registration of future companies be made
—(1.) Provisionally before the public announcement of
the company, or the doing of any public act by it ; and
(2.) Absolutely or completely, on the full formation
thereof.

3. That on such provisional registration, such future
companies do register the principal particulars thereof,
such as—

The name and business or purpose of the eompany :
Its place of business, and every branch office or agency
appointed or contemplated:
The names and addresses of its promoters ; and also,
as the case may be, the names and addresses of its pro-
visional directors, or its provisional officers, and of its
subscribers :

And any prospectus or circulAr issued or intended to
be issued. _

And so from time to time, until complete registration,
any addition to or change in such particulars.
And that if any such company intend to seek for in-
corporation by Act of Parliament, or by charter other-
wise than under the Letters Patent Act, the promoters
thereof do upon provisional registration make a declara-
tion to that effect ; and that they do also register such
notices of the intention to apply to Parliament for an
Act of Incorporation, as are required by the Standing
Orders of either House of Parliament to be inserted in
the London Gazette, or other newspaper, such registra-
tion being made at or within ths) period prescribed for
such insertion by such orders.
And that if a company be intended to be established
by letters patent, or charter. in pursuance of the Letters
Patent Act, it do alsD register a reference to the London
Gazette, in which the application for letters patent or
charter is announced.

4. That on the absolute or complete registration, such
ftiture companies (except companies incorporated by Act
of Parliament, or by charter otherwise than under the
Letpers Patent Act) do register tia e principal particulars
thereof, such as—

A copy of every prospectus or circular addressed to
the public;
A. copy of the deed of settlement, subscription con•
tract, or other such instrument:

The business or purpose of the company, and its piece
of business: _

The amount of its nominal capital, and the proportion
paid up:
The total number of shares, and the:amount of each
share.

The names, addresses, and occupy ions of its members,
with the shares held by each:

The names of directors, trustees, patrons, auditors,
and all other offices of the company, with their occupa.
tions and addresses, and a written consent of acceptance
of office by each:
And such other like particulars as may upon consi-
deration appear to be requisite.
And that if a company be established by letters pa-
tent, or charter, in pursuance of the Letters Patent Act,
it do also register a copy of such letters patent or charter.
And that provision be made for tie return of any
changes in the particulars so required for such complete
registration.
5. That in respect of such registrations, whether pro-
visional or absolute, a certain charge be made; and that
in respect of other registrations, the charge be made, by
way of fee, proportionate to the expense computed to be
occasioned thera)y- to the office, such fees being from
time to time apinted by the Treasury.
6. That for enforcing such registration, it is expedient
to provide that any future company not registered shall
not be lawful.

7. That in order to prevent jobbing in shares of non-
registered companies and other companies in an imma-
ture state, no allotment of shares have any legal effect
till the company be provisionally registered; and all
sales or transfers of shares be prohibited till the com-
pany be completely registered.
8. That due provision be made for defining and de-
claring the duties of the several officers of the company,
to ouch extent, at least, as is usually provided by Acts of
Parliament and charters for the incorporation of com-
panies; that the remedies of shareholders against direc-
tors, for abuse and excess of their functions, be declared
and facilitated; and that generally the legal and equitable
remedies available to joint-stock companies, and to their
directors, officers and shareholders, inter se, be facilitated
and improved.