Transport Act, 1944

Voting by joint common stockholders.

34.—(1) Where several persons are jointly entitled to and registered as holders of common stock, any one of those persons may vote at any meeting of the Company either personally or by proxy, in respect of the common stock, as if he were solely entitled thereto, but if more than one joint holder be present at any meeting personally or by proxy, that one of the said persons so present whose name stands first on the register in respect of the stock shall alone be entitled to vote in respect thereof.

(2) Two or more executors or administrators of a deceased person, in whose name common stock stands, shall for the purposes of this section be deemed to be joint holders thereof.