FOR AN INDUSTRIAL AND PROVIDENT SOCIETY. 275 
•deposit remains unsatisfied. [If the society is to carry on 
the business of banking, it should be so stated in rule 1 
and suitable provision made for such business, as well as 
for the keeping the half-yearly statement required by the 
Act hung up at all places of business. A society for carry 
ing on the business of banking cannot have withdrawable 
•capital.] 
11.—Publication of Name. 
The name of the society shall be kept painted and 
affixed on the outside of every office or place in which the 
business of the society is carried on, in a conspicuous 
position, in letters easily legible, and shall be engraven in 
legible characters on its seal, and shall be mentioned in 
legible characters in all notices, advertisements, and other 
official publications of the society, and in all bills of ex 
change, promissory notes, indorsements, cheques, and 
orders for money and goods, purporting to be signed by or 
■on behalf of the society, and in all bills of parcels, invoices, 
receipts, and letters of credit of the society.—Industrial 
•and Provident Societies Act, 1876, s. 10. (1 b.) 
12.—Inspection of Books. 
The books and accounts of the society shall be open to 
the inspection of any member or person having an interest 
in the funds of the society, at all reasonable times, at the 
registered office of the society, or at any place where the 
same are kept, subject to such regulations as to the time 
and manner of such inspection as may be made from time 
to time by the general meetings, and it shall be the duty 
•of the secretary to produce them [except that no such 
member or person, unless he be an officer of the society, or 
be specially authorized by a resolution of the society to do 
so, shall have the right to inspect the loan or deposit 
account of any other member without the written consent 
of such member.]—Industrial and Provident Societies Act. 
1876, s. 10. (1 e.) 
13.—Application of Profits. 
The net profits of all business carried on by the society, 
after paying or providing for the expenses of management, 
interest on money borrowed, and dividends upon paid up 
subscriptions, shall, once in eveiy half-year, be applied, in