HC Deb 11 June 1857 vol 145 c1638

Order for Committee read.

House in Committee.

Clauses 1 to 9 agreed to.

On Clause 10,

MR. AYRTON

expressed his approbation of that provision by which shares in Limited Liability Companies were rendered transferable by writing without deed. He believed that at present a considerable portion of the transfers made were invalid, in consequence of the formalities now required not being fulfilled. He thought the provision might be advantageously extended to transfers of railway shares.

MR. LOWE

said, it would not be proper to deal with railway companies under this Act, the operation of which was limited to companies which had come in under the Act of last Session. He should, however, be ready to consider the suggestion of the hon. Gentleman.

Clause agreed to, as were the remaining clauses.

House resumed: Bill reported, without Amendment; to be read 3o To-morrow.

House adjourned at half-after Twelve o'clock.