This legislation has been repealed.
(1) After allotment
and payment in full for stock, the name of the allottee together with the
amount of stock allotted and such other matters and particulars as the
Registrar may deem necessary, shall be inscribed in the stock ledger.
(2) The stock ledger
may be kept in the form of a loose leaf ledger or in any other manner approved
by the Port Authority.
(3) Every entry in the
stock ledger shall be initialled by the Registrar or such other officer of the
Port Authority as the Port Authority may from time to time appoint, and the
ledger shall be audited from time to time by an officer appointed for that
purpose by the Auditor General of the State.