276

MODEL  HULES

the  first  place,  in  the  repayment  of  moneys  borrowed,  orany
  instalment  cine  in  respect  thereof,  and  subject  thereto
to  any  provident  purpose  in  such  proportion  as  may  be
agreed  upon  at  any  half-yearly  meeting  of  the  society.
[The  rule  may,  if  thought  fit,  state  specifically  the  purpose  or
purposes  to  which  the  profits  are  to  he  applied.]
14.—Officers  of  Society.
At  the  first  meeting  of  the  society,  after  its  registry,-there
  shall  be  elected  by  a  majority  of  the  members  then
present  persons  as  a  committee  of  management,  a
treasurer,  secretary,  and  two  auditors,  who  shall  all  continue ­
  in  office  until  the  general  annual  meeting  of  the
society,  unless  previously  removed  by  a  resolution  of  the
majority  of  members  present  at  any  meeting  called  for
that  purpose  ;  and  at  every  general  annual  meeting
of  the  said  committee  shall  go  out  of  office  in  rotation,  and
others  shall  be  elected  in  their  place  ;  and  at  such  meeting
a  treasurer,  secretary,  and  auditors  shall  be  appointed  for
the  ensuing  year,  or  in  failure  thereof  the  officers  last
appointed  shall  continue  to  hold  office  ;  and  if  any  such
officer  dies  or  is  removed  previous  to  such  meeting,  the
said  committee  shall  appoint  a  person  to  fill  the  vacancy.
All  retiring  members  of  the  said  committee  or  other  officers
of  the  society  shall  he  immediately  re-eligible.  The
officers  of  the  society  shall  receive  such  remuneration  for
their  services  as  shall  be  agreed  upon  at  any  general  annual
meeting.
Every  person  appointed  to  any  office  touching  the  receipt,
management,  or  expenditure  of  money  for  the  purposes  of
the  society  shall,  before  entering  upon  the  duties  of  his
office,  give  such  security  as  shall  be  deemed  sufficient  by
the  committee  of  management,
15.—Management.
The  business  and  affairs  of  the  society  shall  be  conducted
by  the  committee  of  management,  who  shall  have  the
control  of  all  business  carried  on  by  or  on  account  of  the
society,  the  determination  of  the  persons  to  be  employed
therein,  the  rates  of  payment  to  be  made  for  work  or  service ­
  done  on  account  of  the  society,  and  the  appointment
and  removal  of  the  salesmen  or  other  officers  necessary  for
conducting  the  business,  and  may  assign  to  any  such
officers  such  duties  and  salaries  as  they  think  fit,  subject  to
the  approval  of  the  half-yearly  meetings.