The copper era and Morenci leader., 1913-09-19

registered as the holder or the snare
 and shall not be bound to see to the
 application of the purchase money,
 if any, nor shall his title to the Share
 be effected by any irregularity or in
 validity in the proceedings in refer
 ence to the forfeiture, sale, or dis
 posal of the Share
 33 The Board may accept the sur
 render of any Share by way of com
 promise of any question as to the
 holder being properly registered in
 respect thereof or any gratuitous sur
 render of a fully paid Share. Any
 Share so surrendered may be dispos- feited Share.
 | 6. ALTERATION OF CAPITAL. | 34 The Board may with the sanc- tion of Special Resolution of the i Company, increase the Share Capital
 by the issue of new Shares.
 | 35. Such new Shares shall be of such amount, and shall be issued for
 such consideration, on such terms and
 conditions, and with such preference
 or priority as regards dividends, or in the distribution of assets, or as to
 voting, or otherwise, over other Shares of any class, whether then already issued or not, or with such stipulations deferring them to any
 other Shares with regard to dividends or in the distribution of assets as the
 Company by Special Resolution may
 direct
 36. The new Shares shall be sub 1 ject to the same provisions with ref
 erence to the payment of calls, lien, transfer, transmission, forfeiture and | otherwise as the Shares in the orig inal Share Capital.
 | 37. The Company may in General Meeting consolidate it's Shares, or any of them, into Shares of a larger amount 1 3S. The Company may by Special
 Resolution subdivide it's Shares, or | any of them, into Shares of smaller amount, and may by such resolution determine that, as between the hold
 CTS of the Shares resulting from such subdivision, one or more or sucn Shares shall have some preference or special advantage as regards dlv1- dend, capital voting or otherwise over
 or as compared with the other or oth- CTS.
 39. The Company may reduce it's capital by paying off capital, cancel Hing capital which has been lost or | is unrepresented by available assets,
 reducing the liability on the Shares,
 cancelling Shares not taken or agreed
 to be taken by any person, or other
 wise, as may seem expedient, and
 capital may be paid off upon the foot
 ing that it may be called up again or
 otherwise.
 1. CONVEYING OF GENERAL MEETINGS. 1 40. The Statutory General Meeting
 of the Company shall be held within
 the period required by Section 65 or the Companies Consolidation Act, l19OS.
 l Al. A General Meeting shall be | held once in every year at such time (not being more than fifteen montnS
 after the holding of the last preced. ing General Meeting) and place as may be prescribed by the Company Tn General Meeting, or, in default, at such time in the month following that in which the anniversary Of the lCompany's incorporation occurs, ana at such place as the Board shall ap- point. In default of a General Meet | ing being so held,. a General Meetlng l shall be held in the month next TOT lowing, and may be convened py any 1.-two Members in the same manner as nearly as possible as that in which
 meatinss are to be convened by the Board.
 AZ. The aforementioned General , Meetings shall be called Ordlnary Meetings; all other General Meetings !, shall be called Extraordinary 43. The Board may, at any tune 1. convene an Extraordinary Genera Meeting, and Extraordinary Genera !, Meetings shall also be convened or :. such requisition, or, in default, ma,
 be convened by such requisit1onlst. , as provided by Section 66 of the Com nanies Generalization Act. If a
 any time there are not with tn'
 Tinted Kingdom sufficient Director . capable of acting to form quorum v any Director or any two Mem Ders . the Company may convene an Extra 2 ordinary General Meeting in the sam 2 manner as nearly as possible as tha Q in which meetings may De cohNehe' f by the Board.
 a. PROCEEDINGS AT GENERA 1 MEETINGS.
 h A. Seven days notice at tn
 least (exclusive of the day on wh1c l. the notice is served or deemed to b n served. but inclusive of the day TO e which notice is given) specifying tn e place. the day, and the hour Of mee e ing. and in case of special business tt the general nature of that Duslnes ei shall be given in manner herelnafte y- mentioned, or in such other nanne r. if any, as may be prescribed py tn
 Company in General Meeting, to sue II nersons are are. under the regulation d of the Company, entitled to receiv h such notices from the Company; b' It the accidental omission to give not1e y- to any Member, or the non-rece1pe ID notice by any Member. shall not I n validate the proceedings at any Ge
 eral Meeting.
 d, 45. All business shall be deeme ,d special that is transacted at an k n- traordinary Meeting, and all Una. ,y transacted at an Ordinary Meetin le with the exception of sanction1ng ,h dividend. the consideration of the a
 counts, balance-sheets, and the ordl ve ar.Y renort of the Directors and aut