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.