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COLONIAL STOCK ACT 1877 - SECT 6

Dividends in case of infancy, &c., of a joint stockholder.

6. Where colonial stock to which this Act applies is standing in the name of
an infant or person of unsound mind jointly with any person not under legal
disability, a letter of attorney for the receipt of the dividends on the stock
shall be sufficient authority in that behalf, if given under the hand and seal
of the person not under disability, and attested.

The registrar, before acting on the letter of attorney, may require proof to
his satisfaction of the alleged infancy or unsoundness of mind, by the
declaration of competent persons made under the
Statutory Declarations Act, 1835, or in such other manner as he may reasonably
require.

Stock certificate to bearer.



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© 1877 Crown Copyright

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