39 & 40 Vict. Cap. 45, s. 16.
173
resolutions (sic) has been duly given according to the rules,
and which resolution is confirmed by a majority of such
members for the time being entitled under the rules to
votes as may he present, in person or by proxy, at a subse
quent general meeting of which notice has been duly given,
held not less than fourteen days nor more than one montli
from the day of the meeting at which such resolution was
first passed. At any meeting mentioned in this section a
declaration by the chairman that the resolution has been
carried shall he deemed conclusive evidence of the fact.
(2.) Change of name.—A society may, by special resolu
tion, with the approval in writing of the chief registrar, or,
in the case of societies registered and doing business exclu
sively in Scotland or Ireland, the assistant registrar for
Scotland or Ireland respectively, change its name ; hut no
such change shall affect any right or obligation of the
society, or of any member thereof, and any pending legal
proceedings may he continued by or against the society,
notwithstanding its new name.
(3.) Amalgamation of societies.—Any two or more socie
ties may, by special resolution of both or all such societies,
become amalgamated together as one society, with or with
out any dissolution or division of the funds of such societies
or either of them; and any society may by special resolu
tion transfer its engagements to any other registered society
■which may undertake to fulfil the engagements of such
society.
(4.) Conversion of societies into companies, Ac.—A society
may by special resolution determine to convert itself into a
company under the Companies Acts, or to amalgamate
■with or transfer its engagements to any such company (5).
(5.) Eights of creditors. —No amalgamation or transfer of
engagements shall prejudice any right of a creditor of either
or any society party thereto.
(6) This was allowed by the Act of 1862 (25 & 26 Vict. c. 87,
21), but the machinery of conversion was not provided by that
Act, and is now supplied.