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COLONIAL STOCK ACT 1877 - SECT 5 

Closing of register for dividend.

5. The registrar may, for such period not exceeding fourteen days as he may
from time to time fix previous to each payment of dividend on any
colonial stock to which this Act applies, close the register of that stock as
regards transfers, upon giving not less than seven days notice of such closing
by advertisement in some newspaper circulating generally in the place where
the register is kept.

The persons who on the day of such closing are inscribed as stockholders shall
as between them and their transferees of colonial stock be entitled to the
dividend then next payable thereon.

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© 1877 Crown Copyright

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