Act Number: 5

Act Name: The Bengal Bonded Warehouse Association Act, 1838

Year: 1838

Enactment Date: 1838-03-14

Long Title:

Ministry: Ministry of Home Affairs

Department: Department of States

Section 22: Calls for share money.
    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.
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