Thomas Simmons

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Granted that both section 37 of the repealed Act and section fifty nine of the new Act permit for a director, secretary or different approved official could authenticate a document of the corporate. Section 55 of the brand new Act extends this provision to provide that a document executed either by a secretary and director or two directors on behalf of a company shall have effect as a common seal of the company. It is thus submitted that in such cases, the absence of an organization seal is …