Section 22
Calls for share money.
The Bengal Bonded Warehouse Association Act, 1838
1* * * The Directors of the said Association shall have authority to
call on the proprietors to pay such instalment or instalments as shall, together with the instalments
already paid, amount to a sum not exceeding 50 per cent. on each share; and 1* * * no further call shall be
made, except in consequence of a vote of a general meeting of the proprietors, authorising such
further call; provided always that no proprietor shall be called upon to pay more in proportion to his
share in the Capital Stock than any other proprietor.
Notes
1. The words "And it is hereby enacted, that" omitted by Act 12 of 1891, s. 2 and Sch. I.