39  &  40  Vict.  Cap.  45,  s.  11.

163

trustee,  or  if  it  be  unknown  whether  such  person  is  living
or  dead,  the  chief  registrar,  on  application  in  writing  from
the  secretary  and  three  members  of  the  society,  and  od
proof  satisfactory  to  him,  may  direct  the  transfer  of  the
stock  into  the  names  of  any  other  persons  as  trustees  for
the  society;  and  such  transfer  shall  be  made  by  the  surviving ­
  or  continuing  trustees,  and  if  there  be  no  such
trustee,  or  if  such  trustees  refuse  or  be  unable  to  make  such
transfer,  and  the  chief  registrar  so  direct,  then  by  the
accountant  general  or  deputy  or  assistant  accountant
general  of  the  Bank  of  England  or  Bank  of  Ireland,  as  the
case  may  be;  and  the  governors  and  companies  of  the
Bank  of  England  and  Bank  of  Ireland  respectively  are
hereby  indemnified  for  anything  done  by  them  or  any  ot
their  officers  in  pursuance  of  this  provision  against  any
claim  or  demand  of  any  person  injuriously  affected
thereby  (c).
(9.)  Membership  of  minors.—A  person  under  the  age  of
twenty-one,  but  above  the  age  of  sixteen,  maybe  a  member
°f  a  society,  unless  provision  be  made  in  the  rules  thereof
to  the  contrary,  and  may,  subject  to  the  rules  of  the  society,
enjoy  all  the  rights  of  a  member  (except  as  herein  provided),
and  execute  all  instruments  and  give  all  acquittances  necessary ­
  to  be  executed  or  given  under  the  rules,  but  shall
h °t  be  a  member  of  the  committee,  trustee,  manager,  or
treasurer  of  the  society  (c).
(10.)  Promissory  notes  and  bills  of  exchange.—A  promissory
note  or  bill  of  exchange  shall  be  deemed  to  have  been
made,  accepted,  or  endorsed  on  behalf  of  any  society  if
made,  accepted,  or  endorsed  in  the  name  of  the  society,  or
by  or  on  behalf  or  account  of  the  society,  by  any  person
acting  under  the  authority  of  the  society.
(If-)  Register  of  members  or  shares.—Any  register  or  list
of  members  or  shares  kept  by  any  society  shall  be  primd

(c).  These  privileges  are  new  for  industrial  and  provident
societies,  and  are  adopted  from  the  Friendly  Societies  Act,  1875,
s.  15.