statutory company in a sentence
Examples
- The PLC subscribed for 23, 950 of these new shares and the remaining 50 were acquired by a director of the Statutory Company in order to bring their holding up to the minimum for directors of 250 shares specified in the 1926 Light Railway Order.
- It is usual for the two companies to share the same board of directors; with the anomaly that whilst the Romney, Hythe & Dymchurch Railway Association has been granted a seat on the Statutory Company's board it has no direct representation on the PLC's board.