Section 237. All such property, moveable and immoveable, including all interests and rights in, to and out of pro

237. All such property, moveable and immoveable, including all interests and rights in, to and out of property, moveable and immoveable, and including obligations and actionable claims, as may belong to or be vested in the Company at the date of its registration under this Act, shall, on registration, pass to and vest in the Company as incorporated under this Act for all the estate and interest of the Company therein. Registration under this Act not to affect obligations incurred previously to registration.