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C-42 - Timber-Driving Companies Act

Section 39
Disposition versions

Full text
39. On the trial or hearing of any such suit, it shall be sufficient for the company to prove that the defendant, at the time of making the call, was a holder of one share or more in the undertaking (as to which, when there has been no transfer of the shares, proof of subscription to the original agreement to take stock shall be sufficient evidence of the amount subscribed) and that such call was in fact made, and such notice thereof given as required; whereupon the company shall be entitled to recover the amount due upon such call, with interest thereon, unless it appear that due notice of such call was not given; and it shall not be necessary for the company to prove the appointment of the directors who made the call, or any other matter whatsoever.
R. S. 1964, c. 96, s. 39.
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