Section LXIV
Definition of “contributory,” and legal character of his liability.
The Joint-stock Companies Act, 1857
About this Act
An Act to make better provision for the order and good government of the Suburbs of Calcutta and of the station of Howrah.
Any existing or
former shareholder, upon whom calls are authorized to be made by the Third Part of this Act, is
hereinafter called a "contributory"; and the representatives of any deceased contributory shall be
liable in a due course of administration to the same extent as such contributory would be liable under
this Act it alive.