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COMPANIES CLAUSES CONSOLIDATION ACT 1845 - SECT 62

Proprietors of stock may transfer the same.

62. After such conversion or consolidation shall have taken place all the
provisions contained in this or the special Act which require or imply that
the capital of the company shall be divided into shares of any fixed amount,
and distinguished by numbers, shall, as to so much of the capital as shall
have been so converted or consolidated into stock, cease and be of no effect,
and the several holders of such stock may thenceforth transfer their
respective interests therein, or any parts of such interests, in the same
manner and subject to the same regulations and provisions as or according to
which any shares in the capital of the company might be transferred under the
provisions of this or the special Act; and the company shall cause an entry to
be made in some book, to be kept for that purpose, of every such transfer; and
for every such entry they may demand any sum not exceeding the prescribed
amount, or, if no amount be prescribed, a sum not exceeding [12p].

© 1845 Crown Copyright

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