|
|
On Transfer of such Stock the Certificate to be vacated, and another Certificate to be granted for Remainder when the Whole is not transferred.
|
XCI. And be it further enacted, That whenever the Stock for which any such Exemption shall have been obtained, or any Part thereof, shall be transferred or assigned to any Person or Persons, Corporation, Company, or Society whatever, the said Exemption shall cease: Provided always, that where the Whole of such Stock or Interest therein shall not be so transferred or assigned, it shall be lawful for the said Commissioners on such Proof as is herein-before required, on like Application for that Purpose, to grant a like Certificate for the Purpose of exempting the Remainder of such Stock, and so from Time to Time, so long as any Part of the said Stock shall continue to be entitled to the said Exemption.
|
