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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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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FOB AN INDUSTRIAL AND PROVIDENT SOCIETY. 273 place of abode, and profession or business of tbe proposed transferee, and the numbers of each share to be transferred, and the consideration to be paid for the transfer. All transfers shall be in the form in the schedule to these rules. [No member shall withdraw from the society except by transfer of his shares.] 7 (6).—Withdrawal of Members. No [withdrawable] shares shall be transferable; but any member who has paid up all his subscriptions [on his with drawable shares] may withdraw from the society on giving months’ notice in writing to the secretary of his intention; and any member may withdraw without paying up all his subscriptions with the consent of the committee of management. Upon the withdrawal of any member lie shall receive payment of the balance then standing to his credit in the books of the society, with all arrears of divi dend and profits, if any, within months after such withdrawal. Any member having participated in the profits shall, in case of withdrawal, forfeit such sum not exceeding , as the said committee may think proper; such forfeits to go to the funds of the society. Members may withdraw any sum above £ , according to the following scale, of notice :— £ £ £ £ to £ }> on application to the said committee. weeks. 1) ?? £ £ £ to £ weeks. No money is to be withdrawn during the first twelve months except in cases of distress. A member being in distress may withdraw any sum he may have in the funds of the society above £2, at the discretion of the said committee. 8.—Audit of A ccounts. The committee of management shall cause the accounts of all business carried on by the society to be regularly entered in proper books. (b) If tlie shares are not to be transferable, then this rule will have to be adopted instead of 7 (n), but not both rules, except in the case where some of the shares are to be transferable only and the remainder withdrawable only. N 3

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