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Memorandum of association of a company limited by shares.
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8. Where a company is formed on the principle of having the liability of its members limited to the amount unpaid on their shares, herein-after referred to as a company limited by shares, the memorandum of association shall contain the following things; (that is to say,)
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(1.) The name of the proposed company, with the addition of the word “limited” as the last word in such name:
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(2.) The part of the United Kingdom, whether England, Scotland, or Ireland, in which the registered office of the company is proposed to be situate:
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(3.) The objects for which the proposed company is to be established:
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(4.) A declaration that the liability of the members is limited:
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(5.) The amount of capital with which the company proposes to be registered divided into shares of a certain fixed amount:
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Subject to the following regulations:
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(1.) That no subscriber shall take less than one share:
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(2.) That each subscriber of the memorandum of association shall write opposite to his name the number of shares he takes.
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