C-14 - Railway Act

Section 44 Disposition versions

1977-12-31

44. If any shares be transmitted by the death, bankruptcy, gift, will, or intestacy of any shareholder, or by any lawful means other than the transfer hereinbefore mentioned, the person to whom such share is transmitted shall deposit, in the office of the company, a statement signed by him, declaring the manner of such transmission, together with a duly certified copy or probate of such gift or will, or sufficient extracts therefrom, and such other documents or proof as may be necessary.

Without such proof, such person shall not be entitled to receive any share of the profits of the company, or to vote in respect of any such share as the holder thereof.

R. S. 1964, c. 290, s. 44.