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APPENDIX J. 
IV. General Hales 7, 37, 39, and 60.—The following may be admitted 
members: (a) Employees of Gilbert Brothers, Wholesale Shoe Manufac 
turers, Nantwich, who have been employed for at least six months; 
(6) the managing partners for the time being of that business; (c) other 
persons approved by such managing partners and elected by the committee 
of the society. 
Persons ceasing to be employees or managing partners shall cease to 
be members unless they apply to the committee of the society to remain 
members, and the committee consent, with the approval of the managing 
partners of Gilbert Brothers, for the time being. Otherwise they shall be 
paid out six months after the date of their so ceasing, and shall, as soon as 
the funds of the society allow, receive for their shares their nominal value, 
or any less sum appearing to be their value by the last balance sheet of 
the society, and meanwhile they shall not have any right of voting. The 
limit mentioned in General Rule 39 shall not apply to such repayments. 
V. General Buies 66, 69, and 70.—Besides a committee of management 
the society shall have a finance committee of not less than four and not 
more than five members, whose powers and duties shall be— 
(1) It may at all reasonable times inspect the books of any partnership 
in which the society is a limited partner and examine into the 
state and prospects of the partnership business, and may advise 
with the general partners thereon and (in so far as the same 
is permitted by the Limited Partnerships Act, 1907) may meet 
and confer with the General Partners whenever occasion 
requires upon all differences and questions concerning the 
capital of the partnership and the managers’ salaries. 
(2) It shall inform the employees of any such partnership by notice 
in writing to each employee, or at a general meeting of the 
society, how much (hereinafter called Part A) of the profit- 
sharing fund as defined in any agreement for sharing profits 
between such partnership and its employees is paid as bonus 
or dividend on the wages or salary of those employees taken 
collectively who, at the date to which the accounts of the part 
nership were made up, were members of the society or under 
the age of 16 years, and how much (hereinafter called Part B) 
is paid as bonus or dividend upon the wages or salaries of the 
other employees collectively. 
(3) It shall further privately inform the accountant of the society 
how much of Part A is declared in respect of the wages or salary 
of each member and of each employee under 16 years of age. 
The first members of the Finance Committee shall be . . . 
Any vacancy caused by death, removal, or resignation shall be 
filled by some member nominated by the society and approved 
by the general partners in such partnership. Any addition to 
the finance committee shall be made in the same way. 
The committee of management shall not have any of the above 
powers or duties. 
VI. General Buies 8, 111, 112, 113, and 114.—All sums received by the 
society under arrangements of or with Gilbert Brothers for sharing profits 
with its employees shall be treated as capital and not as income of this 
society. They shall be invested according to Special Rule IX. and credited 
in the books of the society as follows: — 
(1) Each member of the society shall be credited with the amount 
received by the society as dividend or bonus on his wages or 
salary, such amounts not to be withdrawn so long as he is a 
member of the society and has less than £200 fully paid up in 
the shares of the society; but whenever there is a sufficient sum 
standing to his credit, enough shall be transferred to his share 
account to create a fully paid up share in the society until he 
has £200 fully paid up in the shares of the society; and appli 
cation for membership of the society shall he taken to include 
application from time to time for any such share or shares. 
(2) Any amount received by the society in respect of an employee 
under 16 years of age shall be entered in his name until he is