The Accountants' Students' Journal, Volume 1Gee & Company, 1884 - Accounting |
From inside the book
Results 1-5 of 88
Page 2
... limited by guarantee . ' 3. A company with- out shares in which the liability of the members is limited to the amount which they may respectively undertake to contribute on the company being wound- up , called " a company limited by ...
... limited by guarantee . ' 3. A company with- out shares in which the liability of the members is limited to the amount which they may respectively undertake to contribute on the company being wound- up , called " a company limited by ...
Page 7
... limited liability . The provision that seven persons at least shall be required to form a company is one which , like many other statutory provisions , is often obeyed in the letter and evaded in the spirit . Concerns which are and are ...
... limited liability . The provision that seven persons at least shall be required to form a company is one which , like many other statutory provisions , is often obeyed in the letter and evaded in the spirit . Concerns which are and are ...
Page 8
... limited company , that it is limited ; in the words of the statute , then " the subscribers of the Memorandum of Association , together with such other per- sons as may from time to time become members of the company , shall thereupon ...
... limited company , that it is limited ; in the words of the statute , then " the subscribers of the Memorandum of Association , together with such other per- sons as may from time to time become members of the company , shall thereupon ...
Page 11
... limited by the special contracts , but the liability for the costs of the liqui- dation was unlimited . In corporations and incorporated companies the presump- tion is all in favour of limited liability ; as Lindley expresses it ...
... limited by the special contracts , but the liability for the costs of the liqui- dation was unlimited . In corporations and incorporated companies the presump- tion is all in favour of limited liability ; as Lindley expresses it ...
Page 12
... limited to the amount unpaid on the shares transferred by him . Having thus studied the birth , the internal economy , and the external relations of companies , it now only remains to con- sider their death and burial , or what in legal ...
... limited to the amount unpaid on the shares transferred by him . Having thus studied the birth , the internal economy , and the external relations of companies , it now only remains to con- sider their death and burial , or what in legal ...
Common terms and phrases
accepted allowed amount appear apply appointed arrangement assets Association audit auditor balance bank bankruptcy become bill called capital carried cash cent charged Chartered Accountants claims clerk column committee consider consideration cost course Court creditors deal debit debtor debts direct duty entered entry examination executor expenses fact give given hand held important income Institute interest Journal lecture ledger liability limited liquidator London loss matter means meeting months necessary notice obtained official ordinary paid particular parties partnership passed payable payment period person practice prepared present principles proceedings profession profit questions reason received referred regard resolution respect rule shares side Society Street Students taken tion trade trustee various winding-up
Popular passages
Page 180 - Where any damage or loss is caused to any goods, merchandise, or other things whatsoever on board the ship...
Page 181 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 181 - Act is an unconditional promise in writing made by one person to another signed by the maker engaging to pay on demand, or at a fixed or determinable future time, a sum certain in money to order or to bearer.
Page 260 - We do not see how a better test can be applied to the question whether reasonable or not than by considering whether the restraint is such only as to afford a fair protection to the interests of the party in favor of whom it is given, and not so large as to interfere with the interests of the public.
Page 276 - That no contract for the sale of any goods, wares and merchandise, for the price of ten pounds sterling or upwards shall be allowed to be good, except the buyer shall accept part of the goods so sold, and actually receive the same...
Page 332 - ... necessary to satisfy the debts and liabilities of the company, and the costs, charges, and expenses of winding it up...
Page 322 - ... that the company is to be dissolved, and the company in general meeting has passed a resolution requiring the company to be wound up voluntarily...
Page 111 - If it is proved to the satisfaction of the Court that the Company is unable to pay its debts...
Page 8 - The subscribers of the memorandum of association, together with such other persons as may from time to time become members of the company, shall thereupon be a body corporate by the name contained in the memorandum of association, capable forthwith of exercising all the functions of an incorporated company, and having perpetual succession and a common seal, with power to hold lands...
Page 321 - Whenever the company does not commence its business within a year from its incorporation, or suspends its business for the space of a whole year...