O74

Amalgama-
tion and
transfer.

Ch. 31. No. 19.] — -[ssurance Companies.

provisions of the Companies Ordinance, relating to audit,
subject to such adaptations and modifications as may
appear necessary or expedient.

12. Every assurance company shall keep a “ Share-
holders Address Book "”’ in which the secretary shall from
time to time enter in alphabetical order the corporate
name. and places of business of the several shareholders
of the company, being corporations, and the surnames of the
several other shareholders with their respective christian
names, places of abode and descriptions, so far as the same
shall be known to the company. On the application of
any shareholder or policy holder of the company, the
company shall furnish to him a copy of such book, on
pavinent of a sum of twelve cents for every hundred words
required to be copied.

13. very assurance company which is not registered
under the Companies Ordinance shall cause a_ sufficient
number of copies of its deed of settlement or other instru-
ment constituting the company to be printed, and shall,
on the application of any shareholder or policy holder
of the company, furnish to him a copy of such deed of
settlement or other instrument on payment of a sum of
twenty-four cents.

14. Where any notice, advertisement, or other official
publication of an assurance company contains a statement
of the amount of the authorised capital of the company, the
publication shall also contain a statement of the amount
of the capital which has been subscribed and the amount
paid up.

-Lmalgamation and transfer

15. (1) Where it is intended to amalgamate two or more
assurance companie., or to transfer the assurance business
of any class trom one assurance company to another
company, the directors of any one or more of such companies
may apply to the Court, by petition, to sanction the
proposed arrangement.