39 & 40 Vict. Cap. 45, s. 11.
163
trustee, or if it be unknown whether such person is living
or dead, the chief registrar, on application in writing from
the secretary and three members of the society, and od
proof satisfactory to him, may direct the transfer of the
stock into the names of any other persons as trustees for
the society; and such transfer shall be made by the sur
viving or continuing trustees, and if there be no such
trustee, or if such trustees refuse or be unable to make such
transfer, and the chief registrar so direct, then by the
accountant general or deputy or assistant accountant
general of the Bank of England or Bank of Ireland, as the
case may be; and the governors and companies of the
Bank of England and Bank of Ireland respectively are
hereby indemnified for anything done by them or any ot
their officers in pursuance of this provision against any
claim or demand of any person injuriously affected
thereby (c).
(9.) Membership of minors.—A person under the age of
twenty-one, but above the age of sixteen, maybe a member
°f a society, unless provision be made in the rules thereof
to the contrary, and may, subject to the rules of the society,
enjoy all the rights of a member (except as herein provided),
and execute all instruments and give all acquittances neces
sary to be executed or given under the rules, but shall
h °t be a member of the committee, trustee, manager, or
treasurer of the society (c).
(10.) Promissory notes and bills of exchange.—A promissory
note or bill of exchange shall be deemed to have been
made, accepted, or endorsed on behalf of any society if
made, accepted, or endorsed in the name of the society, or
by or on behalf or account of the society, by any person
acting under the authority of the society.
(If-) Register of members or shares.—Any register or list
of members or shares kept by any society shall be primd
(c). These privileges are new for industrial and provident
societies, and are adopted from the Friendly Societies Act, 1875,
s. 15.
