44
In forceSecurity from treasurer, collector etc
Part 2General provisions
Division 8Accounts, deposits, dividends, borrowing etc
44 Security from treasurer, collector etc
The promoters, if a corporation, prior to engaging any treasurer, collector, receiver, or other officer to be entrusted with the collection or custody of any moneys in connection with or for the use of the tramways by the special Act authorised, shall receive from such officer a bond with sufficient sureties conditioned in such an amount as the executive body of the corporation may deem sufficient, as security for the faithful execution of his office.
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