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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FOR AN INDUSTRIAL AND PROVIDENT SOCIETY. 271 vested in it; and may manage, lay out, lease, and sub lease (whether at rack rent, on building, mining, quarrying, •or improving leases, or otherwise howsoever, and whether to members of the society or other persons), and may dis pose of and sell from time to time, whether to members or other persons, any lands or buildings for the time being held by the society; and the purchase-money, rents, and other moneys to be received in respect of any lands or buildings shall be appropriated as the members direct; and the society may advance any moneys to members on the security of real or personal property. Mortgages to the society may be discharged by receipt endorsed thereon in the form in the schedule to these rules. 4.—Mode of holding Meetings.—Voting. The half-yearly meetings of the members shall be held on the first day in the months of and in every year; the meeting held in the month of shall be considered as the general annual meeting. The meetings shall be held at the registered office of the society, or at ■such other place as any half-yearly meeting shall determine ■on. No meeting of the society shall proceed to business unless at least members of the society, entitled to vote thereat, be present within one hour of the time of meeting, otherwise such meeting, if it be the ordinary annual or half-yearly meeting of the society, or a special ;general meeting convened by the committe of management, shall stand adjourned to that day week; but if it be con vened by notice from the members, shall be absolutely ■dissolved. But any general meeting may adjourn from time to time for any period not exceeding clear •days, and no meeting shall be rendered incapable of trans acting business by the want of a quorum after the chair has been taken. At every half-yearly meeting of the society a general statement, signed by three of the said committee and the secretary, showing the transactions of the society during the past half-year, its present condition and the state of its affairs generally, and the auditor’s report and balance-sheet, shall be read to the society, and the books and accounts ■and the statement of accounts audited and approved by the auditors, shall be produced for the inspection of the members, and such other business transacted as may be ■deemed proper and expedient. The said committee may of their own authority call a special general meeting at any time, and such meeting shall also be called upon the

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