Companies. [Ch. 31. No. 1.

Provided that no part of the capital of the company shall
be expended in any such purchase.

(0) A copy of the order confirming the alteration,
together with a printed copy of the memorandum as altered,
shall, within fifteen days from the date of the order, be
delivered by the company to the Registrar, and he shall
register the copy so delivered and shall certify the registra-
tion under his hand, and the certificate shall be conclusive
evidence that all the requirements of this Ordinance with
respect to the alteration and the confirmation thereof have
heen complied with, and thenceforth the memorandum as so
altered shall be the memorandum of the company.

The Court may by order at any time extend the time for
the delivery of documents to the Registrar under this
section for such period as the Court may think proper.

(7) If a company makes default in delivering to the
Kegistrar any document required by this section to be
delivered to him, the company shall be liable to a fine of
fifty dollars for every day during which the default continues.

Articles of association.

8. There may in the case of a company limited by shares,
and there shall m the case of a company limited by guaran-
tee, unlimited or not for gain, be registered with the
memorandum articles of association signed by the sub-
seribers to the memorandum and prescribing regulations
for the company.

9. (1) In the case of an unlimited company the articles,
if the company has a share capital, must state the amount
of share capital with which the company proposes to be
registered.

(2) In the case of an unlimited company or a company
limited by guarantee, the articles, if the company has not a
share capital, must state the number of members with which
the company proposes to be registered.

(3) Where a company not having a share capital has
increased the number of its members beyond the registered
number, it shall, within fifteen days after the increase was
resolved on or took place, give to the Registrar notice of the
increase, and the Registrar shall record the increase.

343

Articles pre-
scribing
regulations
for com-
panies.

Regulations
required in
case of
unlimited
company or
company
limited by
guarantec.