HC Deb 04 April 1879 vol 245 cc367-8
MR. HEYGATE

asked Mr. Chancellor of the Exchequer, Whether the Bill about to be introduced in reference to banks will enable joint-stock banks which might be registered for certain purposes under the Act of 1862 to reregister for other purposes as empowered by that Act, so as to limit the liability of their shareholders?

THE CHANCELLOR OF THE EXCHEQUER,

in reply, said, he proposed to ask leave to bring in the Bill on Thursday week, the first day after the Holidays. One of the objects of the Bill would be to enable joint-stock banks that had been registered under the Act of 1862 to re-register, so as to limit the liability of the shareholders. That applied to banks which were not banks of issue.