187 
39 & 40 Vict. Cap. 45, s. 26. 
5. Determination of tlie amount of interest, not exceed 
ing two hundred pounds sterling, in the shares (a) of the 
society which any member other than a registered society 
may hold. 
6. Determination whether the society may contract loans 
or receive money on deposit subject to the provisions of 
sub-section (2) of section 10 of this Act, from members or 
others ; and if so, under what conditions, on what security, 
and to what limits of amount. 
7. Determination whether the shares or any number 
thereof shall he transferable ; and if it be determined that 
the shares or any number thereof shall be transferable, 
provision for the form of transfer and registration of the 
shares, and for the consent of the committee thereto ; and 
if it be determined that the shares or any of them shall be 
■withdrawable, provision for paying the members the balance 
due thereon on withdrawing from the society (b). 
8. Provision for the audit of accounts. 
9. Determination whether and how members may with 
draw from the society, and provision for the claims of 
executors, administrators, or trustees of the property of 
bankrupt members, and for the payment of nominees in the 
case herein mentioned. 
10. Mode of application of profits. 
11. Provisions for the custody, use, and device of the 
seal of the society, which shall in all cases bear the re 
gistered name of the society. 
12. Determination whether and by what authority, and 
111 '"’bat manner, any part of the capital may be invested. 
(a) Section 6 of the Act (see p. 151, o»/eb limits the interest 
Of a member (other than a registered society) m the funds of the 
society to 2001. sterling. , _ . > 
(4) From this it appears that the same shares cannot ho 
hotli transferable and -withdrawable. 
151, ante), limits the interest