Bengal Bonded Warehouse Association Act : Transfer of shares Indian Bare Acts :

Bengal Bonded Warehouse Association Act,1838

Act No : 5

Section : Transfer of shares

6. Transfer of shares.--1* Any share or shares of the said Capital Stock may be transferred by endorsement made on the certificate for such share or shares by the proprietor of such share or shares, or by the Attorney of such proprietor duly authorized thereunto; provided always, that such endorsement shall specify the name of the party to whom the transfer is made; and provided also that no such endorsement shall be effectual to transfer any such share or shares until such endorsement shall have been registered in a Register to be kept for that purpose at the office of the said Association, and until a note of such registration, and of the date thereof, shall have been made on the back of the indorsed certificate under the hand of an officer appointed for that purpose by the Directors of the said Association.