rr-s ra m i U' 11 • -Mil ( tHicc, Sf nut ll I )f‘j)!irl me it I, Wei 1 1 ngt on, 2',Mh October, LS7 5. i “ STAHL ACT i*75.” i I TiIANSFKUS OS’ Sh.VUKS. IT is liorol>v 1 1< iti/ lim 1, that after tin 1 Ist of January next. tin* use ot Imn/’i'ssi il SUnups upon Transfers ot Shares is compulsory, but. transfers ot' shares jmay be stamped nt a Stamp (Mliee by j tlic Commissioner or a Deputy Commissioner within mie month after execution wkhout si line. .Manager:-. ami Secretaries of Cctiipanies. Sharebrokers, ami others interested, an* recommended to forward, without (Idav. such forms of transfer as llmv uiMV require to he impressed, accompanied hv the Msual requisition am! j receipt from the Hank ot New /.calami I for amount thereoi, less the authorized discount. Informatiou may he ohtallied at any Stamp < )fliee. The provisions of the Ad relating hereto are as follows: “ -17. (1.) Except where express pntvisiou is made to the contrary, all duties are to he denoted by impressed stamps only.’' '*'lo2. No transfer of any share or shares of or in the stride or iuuds of any corporation, company or society whatever in New Zealand shall he registered, recorded, or entered lu the hooks ot such eorporatoiu. company, or society unless, such transfer is duly damped. JOd. No instrument of sale or transfer of finv share or shaves shall he valid, cither at law or in equity, unless the name of the purchaser or transleree is ■ inserted therein at the time of or before the execution of the instrument of sale or transfer; and, if any person executes a sale-note transfer, iu any manner or for any purpose whatsoever, unless the name of the purchaser is inserted therein at the lime or before the execution thereof, he shall lorleit a sum of not less than £2O or more thnuf 100 j and, if any such instrument is so made or signed, it shall he wholly and absolutely void and inoperative, and shall in no ease he made available hy the insertion of a name or any other part iculars afterwards; and the person sidling or transferring such share shall not he divested of his interest therein, but shall remain liable (hereon as if he had never sold or disposed of the same. And if such person is a licensed sharebroker, his license shall, on any conviction under this section, be absolutely forfeited and he. shall not thereafter he qualified to net as a broker, or to have a, fresh license issued to him. “10d. No sharebroker, auctioneer, commission agent, or any other person shall he entitled to any brokerage, commission, or any other fee or reward in respect of the sale or transfer of any such share, unless the instrument of sale or transfer is tilled up with all necessary particulars to make it a complete instrument and is duly stamped.” SCHEDULE j Tuaxsffu except hv wav of mortgage — ; (■<o Upon the, sale of any share or shares in the stock and funds of jmy corporation, company, or society whatever iu Now Zealand : Where the purchase or consideration money, — C HAUL US C. BOWEN. Ile i cl Ofllee Stamp Department, WeTHr/.’to 7th. Of-p.der. U. 7-7,
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https://paperspast.natlib.govt.nz/newspapers/PATM18751215.2.14.2
Bibliographic details
Patea Mail, Volume I, Issue 71, 15 December 1875, Page 4
Word Count
541Page 4 Advertisements Column 2 Patea Mail, Volume I, Issue 71, 15 December 1875, Page 4
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