r> 1.1,5} (if IiMUNi! AND MkcKII’TS IN i.n-.r tiifukof. of i.:m 1 inu; not duly stamped shall lorleit a sum no! exceeding ToO.” S(f 11 if i! U Ms. Hii,i, of Lading fur any goods, merciifiiid:sc, nr effects to he carried to any jjlfu-c beyond the boundaries of the eoii nv : Lor eveiy such Mill id' Lading or co[iV (hen of, Is. CIIAIILKS 0. MOW EX. 11 ad ( dime. Stamp Department, Wellington. 22th October, i.STo. “ STAM L ACT 1*75.” Tk.\nsi'i:i!s of Sharks. |T is hereby notified, that after the Ist I of .January lleXt, the use of Ijnpressid Stamps upon d'ransfers of Shares is eonipiilsoi-v, but transfers of shares may he stamped at a Stamp Oftice hy the Commissioner or a Deputy Commissioner within on.; month alter execution wrhont a fine. ..Managers and Secretaries of Companies, Sharebrokers, and others in-i, terested, are recommended to forward, without delay, such forms of transfer as they mav ivqnire to ho impressed, accompanied hy the u-mal requisition and receipt, from the Mank of New Zealand for amount thercot, less the authorized discount. Information may he obtained at any Stamp (M'iiee. The provisions ot the Act relating' lien to arc as follows ; ‘•l7. ( 1.) Lxcept where express provision is made to the contrary, all duties | are to he denoted by impressed stamps only.” “102. No transfer of any share or shares of or in the stock or funds ot any corporation, company orsociety whatever in New Zealand shall be. registered, recorded, or entered in the hooks ot such, corporatoin. company, or society unless such transfer is duly stamped- “ i!!d. Xu instrument of sale or transfer of any share or shares shall be valid, either at law or in equity, unless the name of the purchaser or transferee is inserted therein at the time of or before the execution of the instrument of sale or transfer ; and. if r, ay person executes a .‘-ale-note transfer, in any maimer nr for any purpose whatsoever, unless the name of the purchaser is i; i-*•t ■t< ■ d tin r in at the time or he fore the execution thereof, lie shall forfeit a sum of not less than £2O oi more thaii£ 100 ; and, if anv such instilment is so made or signed' it sin.ll be wholly and absolutely void and inoperative, and shall in no case be. made available by the insertion of a name or any other particulars ::.terwerds ; and the person sailing or transferring such share shall not bo divested of his interest (herein, but shall r main liable thereon as if he had never sold or disposed of the same. And if such .person is a licensed sharebroker, Ids license shall, on any conviction u ll d< r tins section, be absolutely torfeited and he. shall not thereafter he qualified to act as a broker, or to have a iresh license' issued to him. “ 101. Xo sharebroker, auctioneer, commission agent, or .any other person shall be entitled to any brokerage, coinmission, or aliy other fee or reward in respect of the sale or transfer of any such share, unless the instrument of sale or transfer is filled up with all necessary partieiilars to make it a. complete instrument ami is duly stamped. HCil KDL’LE Tuans fki: except by way of mortgage—(2) If poll the sale of any share or shares in the stock and funds of any corporation, company, orsociety whatever in New Zealand ; Where the purchase or consideration CH Aft LEM 0. BOWEN. Host Office Stamp Department, Wtilingto 7th October 1875. j
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Bibliographic details
Patea Mail, Volume I, Issue 80, 19 January 1876, Page 4
Word Count
588Page 4 Advertisements Column 2 Patea Mail, Volume I, Issue 80, 19 January 1876, Page 4
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