" STAMP ACT, 1875.7 TRANSFERS OF SHARES. IT is hereby notified, that, after the Ist of January 1876, the use of Impressed Stamps upon TraD sfers 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 without a foe. .- r v^; ;:;;:> V- ; : \. -,V Managers and fiecretarie*. of Oompanieß, Sharebrokere, and others interested,; are recommended to forward, without delay, such forms of- transfer as they may requiro to be impressed, accompanied bj the usual requisition and receipt from the Bank of New Zea> . land for amount thereof, less the authorised discount. > Information may be obtained at any Stamn Office. , The provisions of the Act relating hereto are as follow:— " 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 flew Zealand shall .be registered, recorded, or entered in the books of such corporation, company, or society, unless such transfer is duly stamped. " 103. No instrument of sale or transfer ox 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 tfie exec »tion of the instru meet of. sale or transfer ; 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, an* lees the nttme of the purchaser is inserted therein at the time or before the execution thereof, he shall forfeit a sum of not leu than 1 £20 or more than £100 j 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* ferring such share shall not be divested of nil interest therein, but shall remain liable thereon as if he had never sold or disposed oi the same. And if such person is a lioeated sharebroker, his. license shall, on any coaviotion 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. ■ • Tbansfeb 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 ''Jut consideration money,— •- . • £ •. d. Does not. exceed £20... " ... 0 1 0 Exceeds £20, and does not exceed£so ;, o 2 For every additional £60, or part of £50 ... ...0.2, tt j v^. « Chablbb C. Bowbw. Head Office, Stamp Department,' Wellington, 27th, October, 1875, ' THE EVENING STAK (THAMES) (THS OLDJBSX XVXmXQ PAPXB IK IBM tUO vnroa or auokxand) TS PUBLISHED DAILY,at FOUU O'CLOCK and contains the Very Lates News up to the hour of going to press AGENCIES— Lcndon, Gobdok & Gotoh . „ F. AIGAB . Melbourne/ Gobdon & Gotoh Sydney, „ Auckland —S. Bbooking, Insurance Buildings Shortland, J. H. Jeffsbson „ J. NoDDEB . „ Mobgan's Fancy Bazaar Grahamstown, J. Cabtjsb • „ B. Bubba Tararu Eoad—Elms Post Office Store. Paejoa—J. M. Bobson Karaka Creek—F. Otto „ . J. Bubjts Karaka Eoad—Ludlow <fc Co, Mary street—F. Mason . Eolleston street—... Tubbkll .Richmond street —J. Saundbbs., „ Sealey street —J. Walton
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https://paperspast.natlib.govt.nz/newspapers/THS18781015.2.22.7
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Thames Star, Volume IX, Issue 3016, 15 October 1878, Page 4
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636Page 4 Advertisements Column 7 Thames Star, Volume IX, Issue 3016, 15 October 1878, Page 4
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