The copper era and Morenci leader., 1913-10-03

Snare IS sold or disposed Of shall
 registered as the holder of the Shal
 and shall not be bound to see to th
 application of the purchase none.
 if any, nor shall his title to the Shar
 be effected by any irregularity or il
 validity in the proceedings in refe
 ence to the forfeiture, sale, or dil
 posa1 of the Share
 l B. The Board may accept the SUI
 render of any Share by way of con
 promise of any question as to tn holder being properly registered fl
 respect thereof or any gratuitous SUI
 render of a fully paid Share. An
 Share so surrendered may be dispos ed of in the same manner as fol feited Share.
 6. ALTERATION OF CAPITAL. 34. The Board may, with the sane tion of a Special Resolution of tn Company, increase the Share Capita by the issue of new Shares.
 35. Such new Shares shall be o such amount, and shall be issued fol such consideration, on such terms ant conditions, and with such preference or priority as regards dividends, ol in the distribution of assets, or as tc voting, or otherwise, over othel Shares of any class, whether theI already issued or not, or with sucI 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 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 larger amount
 38. The Company may by Special Resolution subdivide it's Shares, or any of them, into Shares of a smaller amount, and may by such resolution determine that, as between the hold CTS of the Shares resulting from such one or more of such Shares shall have some preference or special advantage as regards divi- dend, capital voting or otherwise over or as compared with the other or oth- CTS.
 3s. The Company may reduce its capital by paying off capital, cancel ling capital which has been lost or is unrepresented by available assets, reducing he liability on the Shares, 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 
 III. MEETINGS OF MEMBERS.
 l. CONVEYING OF GENERAL
 MEETINGS. g.
 40. The Statutory General Meeting ~e h4n h1 bA11 hi he period required by Section 65 of he Companies Consolidation Act, 1908. f
 A. A General Meeting shall be leld once in every year at such time not being more than fifteen months liter the holding of the last preced- ng General Meeting) and place as nay be prescribed by the Company in General Meeting, or, in default, at uch time in the month following hat in which the anniversary of the incorporation occurs, and It such place as the Board shall ap- ,oint In default of General Meet ng being so held, a General Meeting hall be held in the month next fol owing, and may be convened by any wo Members in the same manner as learly as possible as that in which meetings are tO ue COuFeueu Dy tue Board.
 AZ. The aforementioned General Ieetings shall be called Ordinary deetings; all other General Meetings hall be called Extraordinary.
 43. The Board may, at any time, onvene an Extraordinary General Ieeting, and Extraordinary General Meetings shall also be convened on uch requisition, or, in default, may e convened by such requisitionists s provided by Section 66 of the Con- anies Consolidation Act. If at ny time there are not with the United Kingdom sufficient Directors apable of acting to form quorum, 1 ny Director or any two, Members of he Company may convene an Extra General Meeting in the same manner as nearly as possible as that a which meetings may be convened y the Board. PROCEEDINGS AT GENERAL i
 MEETINGS.
 A. Seven days notice at the | east (exclusive of the day on which | he notice is served or deemed to be erved, but inclusive of the day for | mich notice is given) specifying the | lace, the day, and the hour of meet lS, anu III cdS0 Ol Sp0Cldl DuSluSSS, 1e general nature of that business, hall be given in manner hereinafter lentioned, or in such other manner,
 any, as may be prescribed by the ompany in General Meeting, to such ersons are are, under the regulations the Company, entitled to receive 1ch notices from the Company; but le accidental omission to give notice any Member, or the non-recefpt of otice by any Member, shall not in- a1idate the proceedings at any Gen. al Meeting.
 45. All business shall be deemed ,ecial that is transacted at an Elk aordinary Meeting, and all that is { ansacted at an Ordinary Meeting, ith the exception of sanctioning a the consideration of the ac- 'unts, balance-sheets, and the ordin- i y report of the Directors and audi ' fh@ oq nfrno rd :