Victorian Consolidated Legislation

Forestry Pulp and Paper Company's Afforestation Contracts Act 1949 - SECT 13

Registration of transfer

13. Registration of transfer

     The said instrument of transfer (when duly executed) shall together with the certificate be delivered to the secretary of the Company to be kept by him and the secretary shall enter a memorial thereof in a register to be called "Register of Transfers" and shall endorse such entry on the instrument of transfer and shall on demand deliver a new certificate to the purchaser and until such transfer has been so delivered to the secretary the purchaser of the stock shall not be entitled to receive any dividend declared in respect of the stock.