" STAMP ACT, 1875." : ' TRANSFERS OF SHARES. , ' IT ia hereby notified, that, alter the lsYof A. January 1876, the use of Impressed Stamp* upon Transfers of Shares is compulsory,.but transfers of shares may be stamped at a Stamp Office by the Commissioner .or • Deputy Commissioner within one month after exem* tfon without 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 if New 2tea« land for amount thereof, less the authorise* discount. ■ ■ -■. ' •■;.'"<! ,«• Information may be obtained at any Stem Office. ' ' ■ ■■•)•;.• wft, The provisions of the- Act relating l&ritft are as follow:— ' ' ' •..•:! •■.••.w ioi " 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 a&Yshareor snarii of or in the stock or funds ox any. corporation. company, or society whatever in New Zealand shall be registered, recorded, or entered in the books of suoh corporation, company, or society, unless such transfer is duly stamped. " 103. No instrument of sale or transfer oi any share or shares shall be valid, either at law or in equity, unless, the name of the purchaser or transferee* is inserted therein at the time of or before the exeo »tion of, the insira ment of sale or transfer j and, if any person executes a sale-note, transfer, contract-note, or other instrument of sale or transfer, in any manner, or for any purpose whatsoever, on* less the name of the' purchaser 'is inserted therein at the time or before the execution thereof, he shall forfeit a sum of not lest than £20 or more than £100 {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 particular! afterwards; and. the person selling or trans* faring such share shall not be divested of his interest therein, but shall remain liable thereon, as if he had never sold or disposed M the same. And if such person is a licensed sharebroker, his license shall, on any eomvio" tion under ibis section,, be absolutely forfeited, and he shall not thereafter be qualified to act as a broker, or to have a fresh lioenss issued to him. . "104. No sharebreker, auctioneer, commission agent, or apy 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, Tbanskb 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 Zea> hud i : Where the purchase or consideration money,— ■ • > £ s. d. Does not exceed £20... ... 0 1 ;0 Exceeds £20, and does not exceed£so ... ... ... 0 <S ,r. For every additional £60, or < - ,: ■ • part of £50 ... ... OS 6 Chabms 0. Bowa*. : Head Office, Stamp Department,- .> M Wellington, 27th October, 1875. : ~ICHE EVENING r MAB (THAMES)! (ran oldest ivwmra papeb a the *bo yivob or Auckland) •< ■;> TS PUBLISHED DAILY at FOUI O'CLOCK and contains the Very Latei News up to the hour of going to press ■ ■ AGENCIES—. "] '" Lcndon/GoBDOM & Gotoh „ Ft Aloab Melbourne, Gobdon & Qotok Sydney, , „ ' ■■.? Auckland —S. Bbookin<j, Insurance Buildings . : Shortland, J. H. Jeffsbson „ J. Noddeb „ Mobgan's Fancy Basaar :' Grahamstown, J. Cabtbb „ E. Br/XBA Tararu Bead— Elms Pott Office Store. Paeroa—J. M. Bobson Karaka Creek —F. Otto „ J.Bt/bns Earaka Boad—Ludlow & Co, . . Mary street—F. Mason Bolleston street—... Tubbell Bichmond street—J. Saundbbb ' Sealey street^-J. Walton *- ,
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https://paperspast.natlib.govt.nz/newspapers/THS18781002.2.23.6
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Thames Star, Volume IX, Issue 3005, 2 October 1878, Page 4
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634Page 4 Advertisements Column 6 Thames Star, Volume IX, Issue 3005, 2 October 1878, Page 4
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