RULES OF FOSTERS’ EMPLOYEES, LTD. 
139 
V- General Buies 8, 111, 112, 113, and 114 Subject to the provisions 
hereinafter contained as to Common Fund all sums received by the society 
under arrangements of the company 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 Buie VII. and credited in the books of 
the society as follows: — 
(1) Each member of this society shall be credited with the amount 
declared by the company to be paid as dividend or bonus on his 
wages or salary, and 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, whether such share 
be applied for by him or not. 
(2) The sums declared by the company to be paid as dividend or bonus 
on the wages of non-members of this society shall be credited 
collectively to a Non-members’ Provident Fund, to be held by 
the society as trustee and not as beneficial owner, and to be 
administered for the benefit of those employees of the company 
who, for the time being, are not members of this society, or 
their wives, children, or widows, or persons dependent on 
them, subject to any regulations made by the committee from 
time to time and approved by the directors of the company. 
(3) The sums declared by the company to be paid for the credit of 
Common Fund shall be applied thereto and administered for 
educational, social, provident, propagandist, and other purposes 
for the benefit of the members of this society or their wives, 
children, or widows, or persons dependent on them, subject to 
any regulations which the society may from time to time make 
and the directors of the company approve. Special committees 
for the above purposes shall only be appointed if the regulations 
above mentioned so provide. The power of the general meetings 
shall not extend to the Non-members’ Provident Fund, nor 
shall they as to the Common Fund extend beyond the provisions 
of this rule. 
VI. General Buie 23.—The payment of instalments on shares shall only 
be enforced in case of dissolution or if the committee decide to put General 
Buie 23 in force. 
VII. General Buie 35.—The capital of the society, except such sum as 
it may be necessary to keep as cash in hand or at bank from time to time, 
shall be invested in fully paid up shares in the company, so long as such 
shares can be acquired, by allotment, at par. Thereafter the committee 
shall, if authorised by a general meeting, invest any further capital of 
the society in purchase at the market price for the time being of additional 
shares or debentures in the company. Subject to the above they may 
invest as provided in General Buie 35. 
VIII. General Buie 55.—The ordinary business meetings shall be held 
twice annually. One shall be held as soon as possible after the issue of 
the annual report of the company. This shall be called the annual meet 
ing, and at it the delegates to represent the society at the annual meeting 
of the company shall be elected. The second ordinary business meeting 
shall be held in the sixth month following. 
IX. General Buies 64 and 65.—In the election of members of committee 
preference shall be given to those who have been members of the society 
for at least two years and have at least £10 paid up in the shares of the 
society, if a sufficient number of such members are nominated and are 
willing to serve. 
X. General Buies 71 and 112.—If any balance sheet would otherwise 
show a deficit in capital account, the amount of such deficit shall be written 
off the Beserve Fund, and, failing that, off the Common Fund, so far as 
such funds respectively extend. 
XI. General Buie 71.—Every balance sheet of the society shall give a 
complete list of members by their numbers and not by their names, and 
show the amount paid up on shares by each. It shall also give a similar