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After calling of meeting, or receipt of requisition, directors not to make any payments, &c. with respect to railway proposed to be abandoned.
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4. After any such meeting has been called by the directors, or after the receipt of any such requisition as aforesaid,it shall not be lawful for the directors to make any payments out of the monies of the company for the purposes of the railway proposed to be abandoned, except in discharge of bonâ fide debts or liabilities, or in performance of contracts or engagements previously entered into, and in payment of the expences of calling and holding such meeting, nor to enter into any contracts or engagements on behalf of the company with respect to the railway so proposed to be abandoned, nor to make any calls, nor to register the transfer of any shares, until the meeting called as aforesaid shall have determined whether such application shall be made.
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