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Joint-tenancy

vested in trustees for sale as joint-tenants in the following cases, in joint-tenancy, estates in common or undivided shares, and coparceners; see infra. For the purpose of limitations over, it was until (English) Land Legislation of 1925

Debentures and shares

Debentures and shares, 'share' has been defined in, s. 2(46) of the Companies Act, 1956 mean a share in the share

champerty

champerty pl: -ties [Anglo-French champartie bargaining for a share of disputed property, from champart share of crops paid as rent, share of property in dispute, from champ

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trust

that are held to maturity voting trust : a trust created by the transfer of legal title to shares of stock to a trustee or trustees who exercise the corporate voting rights conferred by ownership of the

Transfer

7th Edn., p. 1504. Transfer, to convey; to make over to another; the document by which property, as shares in public companies, is made over by one to another. The Real Property Act, 1845 (8 & 9

per stirpes

is, the offspring) of a deceased member of that group representing the deceased member, taking the deceased member's share, and dividing it equally among themselves. For example, if a decedent had three children, one of whom had

Tenants-in-common with cross remainders in tail

Tenants-in-common with cross remainders in tail. Each of the tenants-in-common takes his or her (now equitable) share in tail. On failure of his or her issue that share falls to the remaining grantees or devisees

Jus relictae

Jus relictae, means 'right of a widower'. A widow's claim to her share of her deceased husband's movable estate. If the widow has children, her share in one-third; if not, her

Bonus shares

Bonus shares, bonus share is an accretion. A bonus share is issued when the company capitalises its profits by transferring

Amalgamation

precise legal meaning. The amalgamation is a blending of two or more existing undertakings into one undertaking, the share-holders of each blending company become substantially the shareholders in the company which is to carry on the blended

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