June 14, 1935 (17th Parliament, 6th Session)

LIB

Charles Edward Bothwell

Liberal

Mr. BOTHWELL:

Yes, I believe the minister also said he was opposed to that. Equal voting rights are given the shares no matter what may be their denomination. It does seem to me that voting rights should be based in some way on the value represented by the share, and not on the share itself. In the first part of that recommendation the commission have asked that the classes of shares be limited. So far as I have been able to read these amendments, the only class of share that is eliminated is the deferred share.

Topic:   COMPANIES ACT, 1934, AMENDMENT CONTINUATION OF DEBATE ON THE MOTION OF MR. CAHAN FOR SECOND READING
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