the state, to
be approved of by the registrar, where all legal proceedings may be
served. New Zealand, Manitoba and many other states have adopted similar
precautions; and by the Companies Act 1907, s. 35; C.A. 1908, s. 274
foreign companies having a place of business within the United Kingdom
are required to file with the registrar of joint stock companies a copy
of the company's charter or memorandum and articles, a list of
directors, and the names and addresses of one or more persons authorized
to accept service of process. Special conditions of a more stringent
nature are often imposed in the case of particular classes of companies
of a quasi-public character, such as banking companies, building
societies or insurance companies. Regulations of this kind are
perfectly legitimate and necessary. They are in truth only an
application of the law of vagrancy to corporations, and have their
analogy in the restrictions now generally imposed by states on the
immigration of aliens.

_4. Company Law outside the United Kingdom._

_Australia._--Company law in Australia and in New Zealand follows very
closely the lines of company legislation in the United Kingdom.

In New South Wales the law is consolidated by Act No. 40 of 1899,
amended 1900 and 1906. In Victoria the law is contained in the Acts Nos.
1074 of 1890 and 355 of 1896; in Queensland in a series of Acts--No. 4
of 1863, No. 18 of 1899, No. 10 of 1891, No. 24 of 1892, No. 3 of 1893,
No. 19 of 1894 and No. 21 of 1896; in South Australia in No. 56 of 1892,
amended by No. 576 of 1893; in Tasmania by Nos. 22 of 1869, 19 of 1895
and 3 of 1896; in Western Australia by No. 8 of 1893, amended 1897 and
1898.

In New Zealand the law was consolidated in 1903.

_Canada._--The act governing joint stock companies in Canada is the
Companies Act 1902, amended 1904. It empowers the secretary of state by
letters patent to grant a charter to any number of persons not less than
five for any objects other than railway or telegraph lines, banking or
insurance.

Applicants must file an application--analogous to the British memorandum
of association--showing certain particulars--the purposes of
incorporation, the place of business, the amount of the capital stock,
the number of shares and the amount of each, the names and addresses of
the applicants, the amount of stock taken by each and the amount and
mode of payment. Other provisions may also be embodied. A company cannot
commence