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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14 INTRODUCTION. advise with the secretary or other officer, if re quired, for the purpose of ascertaining whether such rules were calculated to carry into effect the intentions and object of the persons who desired to form the society; and if he found such rules to he in conformity with law and with the pro visions of the Act, to give a certificate to that effect. Societies granting annuities were, before registration, to obtain the certificate of a qualified actuary. All fees for registry were abolished. 20. In other respects, the Act of 1855 gave new privileges and facilities to societies; for example, it provided :— 1st. That a society might transfer its engagements to any other society, upon such terms as the trustees and com mittee of management, or a majority of the members of each society, should agree upon. 2nd. That buildings for the purpose of holding the meet ings of the society might be purchased, built, or taken upon lease; and also adapted and furnished; that land not exceeding one acre might also be taken for the purpose of erecting such a building, and such premises might be mortgaged, sold, exchanged, or let; provided that the money required for such purpose was to be raised “ accord ing to the rules of the society on such behalf inserted.” 3rd. That whenever on the death of a member a sum not exceeding ,£50 became payable, the same might, with out talcing out letters of administration, be paid to the person mentioned in the rules, or to the widow or relative of the deceased, nominated by him by any writing deposited with the secretary, or in default of there being any such nominee, then to the person appearing to the trustees to be entitled under the Statute of Distributions. 21. By tbe 21 & 22 Viet. c. 101 (1858), the Act of 1855 was amended by making further provision against undue assurance on the lives of children,

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