The law of friendly societies, and industrial and provident societies, with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index

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Monograph

Identifikator:: 875232663

URN:: urn:nbn:de:zbw-retromon-2698

Document type:: Monograph

Title:: The law of friendly societies, and industrial and provident societies, with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index

Place of publication:: with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index$gTenth edition, revised and enlarged

Publisher:: Shaw and Sons

Year of publication:: 1881

Scope:: 1 Online-Ressource (XII, 303 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Part I. Registered friendly societies

Collection:: Economics Books

38 & 39 Vict. Cap. 60, s. 24. 91 resolution, transfer its engagements to any other registered society which may undertake to fulfil the engagements of srrcli society (c). (4.) Conversion of societies into companies, &c.—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 (d). (5.) Eights of creditors.—No amalgamation or transfer of engagements shall prejudice any right of a creditor of either or any society party thereto (e). (6.) Registration of special resolutions.—A copy of every special resolution for any of the purposes mentioned in this section, signed by the chairman of the meeting and countersigned by the secretary, shall be sent to the central office and registered there, and until such copy is so registered such special resolution shall not take effect (e). (~.) Registration of copy of special resolution as memo randum of association.—If a special resolution for convert- ln g a society into a company contains the particulars by the Companies Act, 1862, required to he contained in the memorandum of association of a company, and a copy thereof has been registered at the central office, a copy of such resolution under the seal or stamp of the central office shall have the same effect as a memorandum of association duly signed and attested under the said Act (e). (8.) Registry of society under Act to become void on regis tration as a company, dec.—If a society be registered as, or (p) Union of societies, or transfer of tire engagements of a society, was authorized by 18 & 19 Vict. c. 63, s. 14. (d) This provision is new. The Industrial and Provident Societies Act, 1862, s. 21, authorized the conversion of a society Registered under it into a company, but contained no provision sunilar to clause 7 of the present section directing the manner m which such conversion is to be effected, merely enacting that “ e society shall conform to the provisions of the Companies Act - The Industrial and Provident Societies Act, 1876, has a Provision adopted from the Friendly Societies Act, 1875. See Uirt III, post' \ e ) These provisions are new.

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