Section 8, Cap. 287

The Company may pay a commission to any person in considerationof his subs, ·ibing or agreeing to subscribe whether absolutely or conditionally or procuring or agreeing to procure subscriptions whether absolute or conditional for any shares in the capital of the Company, such commission not to exceed 10 per cent. per annum of the price at which the shares are issued or an amount equivalent thereto. Any such commission may be paid or satisfied in whole or in part in cash or in fully paid shares or debentures of the Company at par, or partly in one way and partly in another as may be arranged.