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

72 38 & 39 Vict. Cap. 60, s. 15. (4.) Distribution of sums not exceeding fifty pounds.—If any member of a society [or branch] entitled from the funds thereof to a sum not exceeding fifty pounds, dies intestate and without having made any nomination under this Act which remains unrevoked at his death, such sum shall be payable, without letters of administration, to the person who appears to a majority of the trustees, upon such evi dence as they may deem satisfactory, to be entitled by law to receive the same. (5.) Payments to persons apparently entitled valid.—When ever the society [or branch], after the decease of any mem ber, pays any sum of money to the person who at the time appears to the trustees to be entitled under this section, the payment is valid and effectual against any demand madeirpon the trustees or the society [or branch] by any other person. (6.) When trustees are absent, <Scc., registrar may order stock to be transferred.—When any person, being or having been a trustee of a society [or branch], and whether ap pointed before or after the legal establishment thereof, in whose name any stock belonging to such society [or branch] transferable at the Bank of England or Bank of Ireland is standing, either jointly with another or others, or solely, is absent from Great Britain (a) or Ireland respectively, or be comes bankrupt, or files any petition or executes any deed provision will be found of great benefit to depositors in savings banks and members of friendly societies, particularly with refer ence to the easy and comparatively inexpensive mode of now obtaining, by personal application at the Court of Probate, London, or at the office of the district registrar in the country, a probate or letters of administration. By 36 & 37 Vict. c. 52, administration to the estate of an intestate not exceeding £100 may be obtained by his widow or children through the county court for a small fee in England or Ireland; and by 38 & 39 Viet. c. 41, confirmation in Scotland for an estate not exceeding £150 may be obtained from the com missary clerk for a small fee. Further relief from trouble and expense, in the case of small estates, is contemplated by a bill now before parliament. By 38 & 39 Vict. c. 27, the benefits of the Act 36 & 37 Vict. c. 52, are extended to the children of a widow dying intestate. (a) “ England ” in the Act of 1875. The correction to “ Great Britain” is introduced by s. 10 of the Act of 1876.

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