PART IConstitution and Incorporation.
Memorandum of Association.
3Memorandum of company limited by shares.
In the case of a company limited by shares—
1
The memorandum must state—
i
The name of the company, with ". Limited " as the last word in its name ;
ii
The part of the United Kingdom, whether England, Scotland, or Ireland, in which the registered office of the company is to be situate;
iii
The objects of the company;
iv
That the liability of the members is limited ;
v
The amount of share capital with which the company proposes to be registered, and the division thereof into shares of a fixed amount :
2
No subscriber of the memorandum may take less than one share :
3
Each subscriber must write opposite to his name the number of shares he takes.