Section 3
Capital Stock and shares.
The Bengal Bonded Warehouse Association Act, 1838
1* * * The sum of Rs. 10,00,000 subscribed for the purpose of the
said Association by the persons hereby incorporated, shall be the Capital Stock of the said
Association, and shall be divided into 2,000 shares of 500 Rupees each, and 2* * * every one of the
persons hereby incorporated shall have one share of such Capital Stock for every 500 Rupees which
such person shall have subscribed.
Notes
1. The word “that” omitted by Act 12 of 1891 s. 2 and Sch. I.
2. The words “And it is hereby enacted, that” omitted by Act 12 of 1891, s. 2 and Sch. I.
2. The words “And it is hereby enacted, that” omitted by Act 12 of 1891, s. 2 and Sch. I.