"STAMP ACT, 1876." TRANSFERS OF SHARES. IT is hereby notified, that, after the let ot January 1876, the use of Impressed Stamps upon Transfers of Shares is compulsory, bat transfers of shares may be stamped at a Stamp Office by the Commissioner or a Deputy Commissioner within one month after execu> tion without a fine. Managers and Secretaries of Companies Sharebrokers, and others interested, are recommended to forward, without delay, suck 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 authorised discount. ' : Information may be obtained at any Stamp The provisions of the Act relating hereto are as follow:— " 47. (1.) Except where express provision ia made to the contrary, all duties nre 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 suoh corporation, company, or society, unless such transfer is duly stamped. "103. No instrument of sale or transfer ot any share or shares shall be valid, either at law or m equity, unless the name ot the purchaser or transferee is inserted therein at the time of or before the exeoa tion of the inttru ment of sale or transfer j and,, if any person executes a sa}e-note, transfer, contrictiote. or other instrument'of sale or transfer, in any manner, or for any purpose whatsoever, un, less the name of the purchaser is inserted therein at the tine or before the execution thereof, he shall forfeit a sum of not less than £20 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 particular! afterwards; and the pertenselling or trans, ferring such share shall not be divested of hia interest therein, but shall remain liable thereon as if he had never sold or disposed ot the same. And if such person is a licensed eharebroker, his license shall, on any oonriotioj^under this section, be absolutely for. feited, and he shall not thereafter be qualified to act as a broker, or to have a fresh license issued to him. "}O4. No sharebreker, 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 in* strument of sale or transfer is filled up with all necessary particulars to make it a com. plete instrument, and is duly stamped. SCHEDULE. Tm^!"^ except b 7 w»7 of mortoaae— (2.) Upon the sale of any share or shares in the stock and funds of any corporation, company, or society whatever in New Zealand i Where the purchase or consideration money,— < ' ■ -•' ■'■ : £s. d, Does not exceed £20... ... 010 Exceeds £20, and does not exceed £50 ... ... ,„ o 2 For every additional £60^or part of £50 ... /^> 0 a Mead Office, Stamp Department, Wellington, 27th Qctpbar, 1876.
THE EVENING SjAR (THAMES) (the oldbst BVMmra pasib ur thb no> VIIfCB O> AUCKLAND) TS PUBLISHED DAILY at FOUH O'CLOCK and contains the Very LatesT News up to the hour of going to prese AGENCIES— London, Gobdok & Goxoh F. Aloab Melbourne, Gobdon & Gotoh Sydney, „ Auckland —S. Bbookin©, Insurance Buildings Shortland, J. H. Jbfvbbson „ J. N©ddbb „ Moboam'b Fancy Bazaar Grahamstown, J. Cabtbb „ It. BVBBA Tararu Eoad—Elms Pott Offioa Store. ° Paeroa—J. M. Eobsok . Karaka Creek—F. Otto ii J. BtTftXS E.araka Eoad—Ludiow A Co* Mary street—F. Masok Kolleston street—... Tubbbli .Richmond street—J. Saundbbs Sealey street—J. Wawoh * -
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Thames Star, Volume X, Issue 3091, 14 January 1879, Page 4
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626Page 4 Advertisements Column 7 Thames Star, Volume X, Issue 3091, 14 January 1879, Page 4
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