Page 3 Advertisements Column 4

Patea Mail, Volume II, Issue 115, 17 May 1876, Page 3

jUStf AEEIV^B, A LARGE ASSORTMENT OF BOYS’ AND YOUTHS’ STRONG WATERTIGHT (Canterbury) BOOTS. WOMEN’S STRONG LEATHER BOOTS. Another lot to arrive shortly. FELIX M'CARTHY, Taranaki Road. W ILLIAM COUE T NEY, LAND AND ESTATE AGENT, AND AGENT FOR S.S. GO-AHEAD, NE W PLY MOUT II , Has Good Paddocks for the reception of Stock lor sale or shipment. |»gi “ STAMP ACT 1870.’ Transfers of Shares. IT is hereby notified, that after the Ist of January next, the use of Impressed Stamps upon Transfers of Shares is compulsory, but transfers of shares may be stamped at a Stamp Office by the Commissioner or a Deputy Commissioner within one month after execution wi+hout a fine. Managers and Secretaries of Companies, Sharebrokers, and others interested, are recommended to forward, without delay, such forms of transfer as they may require to be impressed, accompanied by the usual requisition and receipt from the Bank of New Zealand for amount thereof, less the authorized discount. Information may bo obtained at any Stamp Office. The provisions of the Act relating hereto are as follows : “47. (1.) Except where express provision is made to the contrary, all duties are to be denoted by impressed stamps only.” “102. No transfer of any share or shares of or in the stock or funds of any corporation, company or society whatever in New Zealand shall be registered, recorded, or entered in the books of such corporatoin. company, or society unless such transfer is duly stamped. “103. No instrument of sale or transfer of any share or shares shall be valid, cither at law or in equity, unless the name of the purchaser or transferee 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, in any manner or for any purpose whatsoever, unless the name of the purchaser is inserted therein at the time or before the execution thereof, he shall forfeit a sum of not less than £2O or more than£loo ; and, if any such instrument is so made or signed, it shall be wholly and absolutely void and inoperative, and shall in no case be made available by the insertion of a name or any other particulars afterwards; and the person selling or, transferring such share shall not be divested of bis interest therein, but shall remain liable thereon as if he bad never sold or disposed of the same. And if such person is a licensed sharebroker, bis license shall, on any conviction under this section, be absolutely forfeited and he shall not thereafter be qualified to act as a, broker, or to have a fresh license issued to him. ; : “ 104. No sharebroker, auctioneer, commission agent, or any other person shall be 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 filled up with all necessary particulars to make it a complete instrument and is duly stamped.” SCHEDULE, Transfer except by way of mortgage—(2) Upon the sale of any share or shares in the stock and funds of any corporation, company, or society whatever in New Zealand: Where the purchase or consideration money,— £. s. d. Does not exceed £2O 0 1 0 Exceeds £2O and does not exceed £SO ... 0 2 6 For every additional £SO, or part of £SO 0 2 6 CHARLES C. BOWEN. He ad Office Stamp Department, Welling to 7th October 1875.