Companies. [Ch. 31. No. 1.

(2) the memorandum and articles of association of a
company limited by guarantee and not having a share
capital ;

(3) the memorandum and articles of association of a
company limited by guarantee and having a share
capital ;

(4) the memorandum and articles of association of an
unlimited company having a share capital;

shall be respectively in accordance + with the forms set out in
Tables B, C, D and E in the First Schedule to this Ordinance,
or as near thereto as circumstances admit.

Registration.

14. The memorandum and the articles, if any, shall be
delivered to the Registrar, and he shall retain and register
them.

15. (1) On the registration of the memorandum of a
company the Registrar shall certify under his hand that the
‘ompany is incorporated and, in the case of a limited
company, that the company is limited.

(2) Irom the date of incorporation mentioned in the
certificate of incorporation, the subscribers of the memor-
andum, together with such other persons as may from time
to time become members of the company, shall be a body
corporate by the name contained in the memorandum,
capable forthwith of exercising all the functions of an
meorporated company, and having perpetual succession
and a common seal, but with such liability on the part of
the members to contribute to the assets of the company in
the event of its being wound up as is mentioned in this
Ordinance.

16. (1) A company incorporated under this Ordinance
shall have power to hold lands in any part of the Colony:

Provided that a company formed for the purpose of
promoting art, science, religion, charity or any other like
object not involving the acquisition of gain by the company
or by its individual members, shall not, without the licence
of the Governor, hold more than two acres of land, but the

345

Registration
of memo-
randum i
articles,

Iffect of
repistration.

Power of
company to
hold lands.