§ Bill considered in Committee.
§ (In the Committee.)
§ Clause 1 (Amendment of section five of 6 & 7 Will. 4, c. 108) agreed to.
§ Clause 2 (Power of companies to issue paid-up shares) agreed to.
§ Clause 3 (Application of Act).
§ THE SECRETARY TO THE TREASURY (Mr. HENRY H. FOWLER) (Wolverhampton, S.) moved, in line 15, to leave out the word "hereafter." The object of the Amendment coupled with a further Amendment which he intended to propose, was to limit the application of the Act to public Companies which had already obtained or should obtain an Order in Council under the Tramways (Ireland) Acts and the Tramways and Public Companies (Ireland) Act, 1883, confirming a presentment of a Grand Jury with respect to a baronial guarantee of payment of dividends on the paid-up capital of the Company to within 12 months of the passing of the Act.
§ Question, "That the word 'hereafter' stand part of the Clause," put, and negatived.
§ Question, "That the words 'within twelve months of the passing of this Act' be there inserted," put, and agreed to.
§ Question, that the Clause, as amended, stand part of the Bill, put, and agreed to.
§ Bill reported; as amended, to be considered To-morrow.