HC Deb 02 April 1867 vol 186 cc1063-4

Bill considered in Committee.

(In the Committee.)

Clause 1 (Contracts for Sale, &c., of Shares to be void unless the Numbers by which such Shares are distinguished are set forth in Contract).


moved to leave out all the words after "company" in line 9. He said, the first part of the clause provided that the contract should be null and void unless it was in writing, and he thought that afforded sufficient protection without the criminal consequence provided in the latter part.


said, that to strike out these words would remove the backbone of the Bill.

Amendment proposed, in line 9, to leave out from the word "Company" to the end of the Clause.


said, there had been an aggregate depreciation of £566,000 on the Stock Exchange with regard to some banks since the 21st of February, when this Bill was introduced, and this he attributed to the distrust which it had produced respecting the carrying on of transactions in future.

Question put, "That the words 'and every person' stand part of the Clause."

The Committee divided:—Ayes 112; Noes 15: Majority 97.

House resumed.

Bill reported; as amended, to be considered upon Thursday, and to be printed. [Bill 103.]