COMPASS

(248) tain portion of its capital shall not be capable of being called up except in the event of the company being wound up. 8.. Limited banks of issue. - A bank of issue registered as a limited company, is not entitled to limited liability in respect of its notes. Act of 1879, § 6. 29. Joint stock companies.-Joint stock companies are those having a joint stock or capital, which is divided into numerous transferable shares, or consists of transferable stock. (Lind. Part. 6. See STOCK.) The term "joint stock" was originally applied to those companies which were formed without the authority of any statute; and afterwards to those formed under various acts. Id. 5; Thr. Jt. S. Co. 10. 10. Public and private companies. -Companies are sometimes divided into public and private; but in this, as in many other instances, the word "public" is used with no definite signification; and it is extremely difficult to say exactly what the essential character of a public company really is. It has, however, been decided that banking companies, governed by the 7 Geo. IV. c. 46 (supra 33), are public companies within the meaning of the Stats. 1 and 2 Vict. c. 110, § 14, (M'Intyre ข. Connell, 1 Sim. N. S. 225; enabling separate creditors of shareholders in public companies to obtain charging orders on their debtors' shares (see CHARGING ORDER,)) and from that decision it would seem that those companies only are public which are either incorporated, or, if unincorporated, are endowed by the crown or the legislature with some special privileges, and are bound to make some kind of return or list of their members, which the public have a right to see. A mere partnership, however large, and however transferable its shares, is apparently not a public company. Lind. Part. 13. 11. Sometimes, however, "private company" is used to denote a company the shares in which are held by a few persons personally acquainted with one another, and are not dealt with in the market. See ASSOCIATION; CORPORATION; PARTNERSHIP. COMPANY, (defined). 33 Me. 32, 36. (distinguished from "club"). 13 Eng. L. & Eq. 589. (distinguished from "corporation," 'partnership"). Ang. & A. Corp. 32 n. (1). COMPANY, (in a bond of indemnity). 2 Campb. 422. (in a partnership agreement). 103 Mass. 28. COMPANY, OR CO., (when rejected as surplusage). 4 Wheel. Am. C. L. 170.

Mozley & Whitley.—Public company. In Pnglish law. <A business corporation; a 80ciety of persons joined together for carrying on some commercial or industrial undertaking. COMPARATIO LITERARUM.: In the civil law. Comparison of writings, or handwritings. A mode of proof allowed in certain cases,

A passing round; circuit; circuitous course. They fetched a compass of seven day's journey. 2 Kings iii. 9. This day I breathed first; time is come round, And where I did begin, there shall I end; My life is run his compass. Shak. An inclosing limit; boundary; circumference; as, within the compass of an encircling wall. An inclosed space; an area; extent. Their wisdom . . . lies in a very narrow compass. Addison. Extent; reach; sweep; capacity; sphere; as, the compass of his eye; the compass of imagination. The compass of his argument. Wodsworth. Moderate bounds, limits of truth; moderation; due limits; -- used with within. In two hundred years before (I speak within compass), no such commission had been executed. Sir J. Davies. The range of notes, or tones, within the capacity of a voice or instument. You would sound me from my lowest note to the top of my compass. Shak. An instrument for determining directions upon the carth's surface by means of a magnetized bar or needle turning freely upon a pivot and pinting in a northerly and southerly direction. He that firat discovered the use of the compass did more for the supplying and increase of useful commodities than those who built workhouses. Locke. A pair of compasses. [R.] To fix one foot of their compass wherever they please. Swift. A circle; a continent. [Obs.] The tryne compas [the threefold world containing earth, sea, and heaven. Skeat.] Chaucer. Azimuth compass. See under Azimuth. -- Beam compass. See under Beam. -- Compass card, the eircular card attached to the needles of a mariner's compass, on which are marked the thirty-two points or rhumbs. -- Compass dial, a small pocket compass fitted with a sundial to tell the hour of the day. -- Compass plane (Carp.), a plane, convex in the direction of its length on the under side, for smoothing the concave faces of curved woodwork. -- Compass plant, Compass flower (Bot.), a plant of the American prairies (Silphium laciniatum), not unlike a small sunflower; rosinweed. Its lower and root leaves are vertical, and on the prairies are disposed to present their edges north and south. Its leaves are turned to the north as true as the magnet: This is the compass flower. Longefellow. -- Compass saw, a saw with a narrow blade, which will cut in a curve; -- called also fret saw and keyhole saw. -- Compass timber (Shipbuilding), curved or crooked timber. -- Compass window (Arch.), a circular bay window or oriel window. It has two or more magnetic needles permanently attached to a card, which moves freely upon a pivot, and is read with reference to a mark on the box representing the ship's head. The card is divided into thirty-two points, called also rhumbs, and the glass-covered box or bowl containing it is suspended in gimbals within the binnacle, in order to preserve its horizontal position. -- Surveyor's compass, an instrument used in surveying for measuring horizontal angles. See Circumferentor. -- Variation compass, a compass of delicate construction, used in observations on the variations of the needle. -- To fetch a compass, to make a circuit.

To go about or entirely round; to make the circuit of. Ye shall compass the city seven times. Josh. vi. 4. We the globe can compass soon. Shak. To inclose on all sides; to surround; to encircle; to envior; to invest; to besiege; -- used with about, round, around, and round about. With terrors and with clamors compassed round. Milton. Now all the blessings Of a glad cast a trench about thee, and compass thee round.uke xix. 43. To reach round; to circumvent; to get within one's power; to obtain; to accomplish. If I can chek my erring love, I will: If not, to compass her I'll use my skill. Shak. How can you to compass your designs Denham. To curve; to bend into a circular form. [Obs. except in carpentry and shipbuilding.] Shak. To purpose; to intend; to imagine; to plot. Compassing and imagining the death of the king are synonymous terms; compassing signifying the purpose or design of the mind or will, and not, as in common speech, the carrying such design to effect. Blackstone.

To surround; to encircle; to environ; to stretch round. | To go about or round entirely; to traverse. | To accomplish; to reach; to achieve; to obtain. | To plot; to scheme (against someone).

A magnetic or electronic device used to determine the cardinal directions (usually magnetic or true north). | A pair of compasses (a device used to draw circular arcs and transfer length measurements). | The range of notes of a musical instrument or voice. | A space within limits; an area. | An enclosing limit; a boundary, a circumference. | Moderate bounds, limits of truth; moderation; due limits; used with within. | Synonym of scope. | Range, reach. | A passing round; circuit; circuitous course. | A curved circular form.

In a circuit; round about.