Section 23. Transmission of stock or shares of deceased proprietors or shareholders

23. Transmission of stock or shares of deceased proprietors or shareholders. Transmission on insolvency or marriage. CHAPTER VI. DIRECTORS. 24. Board. Quorum. 25. Present directors to be continued. 26. Two directors to go out by rotation annually. 23. When by the death of any proprietor or shareholder his stock or shares shall devolve on his legal representative, the Bank shall not be bound to recognize any legal representative of such proprietor or shareholder other than a person who has taken out from a Court having jurisdiction in this behalf probate of the will or letters of administration to the estate of the deceased. Any person becoming entitled to stock or shares in consequence of the insolvency or bankruptcy of any proprietor or shareholder, or in consequence of the marriage of any female proprietor or shareholder, may be registered as a proprietor or shareholder upon such evidence being produced as the directors may from time to time require.