Full text : Finanzwissenschaft

the  scale  towarc

APPENDIX  OP  CASES.

219

1

S;  l
: ~"t  the  directors  and  a  portion  of  the  shareholders
::  concurred  in  the  acts  complained  of.  The  plaintiffs
x-;  d  that,  being  dissatisfied  with  the  management,  they
j;  n  pursuance  of  the  provisions  of  their  deed  of  associ-:
  -  given  a  month’s  notice  of  their  intention  to  withdraw
r  ■  ;lie  society,  and  that  the  directors  had  denied  their
so  to  withdraw.  The  plaintiffs  thereupon  filed  their
o  recover  their  subscriptions,  and  by  the  present
:_u  sought  to  restrain  the  directors  from  transferring  or
:  priating  the  funds  of  the  society  at  the  bankers.  The
-;  lants  contended  that  the  proper  course  for  the  plain-:;
  f  dissatisfied  with  the  conduct  of  the  directors,  was,
s  ling  to  the  rules  of  the  society,  to  appeal  to  arbitrators
-  -  elected  at  a  meeting  for  that  purpose,  and  if  that  step
produce  a  satisfactory  result,  they  were  then  em-.'od
  to  apply  to  two  justices  of  the  peace,  whose
on  would  be  final.  Cranworth,  V.-C.,  said  that  the
:--ras  one  in  which  the  regulations  of  the  society,  and
::  tovisions  of  the  legislature  with  regard  to  such  associ-»:;
  permitted  the  members,  in  the  event  of  a  dispute
g,  to  bring  the  case  before  the  directors  for  their
:  -  011  j  and  if  that  should  be  unsatisfactory,  to  appeal  to
ators,  and  ultimately  to  carry  the  case  before  two
:;  trates  for  their  determination.  The  plaintiffs,  how-’;
  had  thought  proper  to  apply  to  the  court  to  put  a
:  _  ruction  on  their  rules,  instead  of  adopting  those  means
*:-Tress  which  were  clearly  pointed  out  by  the  rules
:  selves.  He  was  of  opinion  that  there  was  no  necessity
:!  ie  interference  of  the  court,  and  refused  the  motion
|i;  costs.
Grinhamv.  Card,  7  Excli.  883,  a  dispute  arose  between
f  the  members  of  the  committee  of  a  friendly  society
s : ;  lie  trustees  touching  the  distribution  of  a  fund  in  the
:-„  s_of  the  latter,  and  by  one  of  the  rules  it  was  ordered
: j  Jisputes  were  to  be  referred  to  such  members  of  the
pttee  as  should  not  he  personally  interested  in  the,
..  t  ;  and  it  was  held  that  the  judge  of  the  county  court
::  lo  jurisdiction  in  such  case  according  to  the  rule  of  the
f:  i y>  which  provided  for  the  reference  to  the  committee,
;hen  to  private  arbitration,  of  all  disputes,  and  the
:;  ion  now  raised  was,  whether  this  particular  dispute
-  ■  me  which  could  have  been  the  subject  of  a  suit  in
y.  The  court  restrained  the  judge  of  the  county  court
k  hearing  the  cause,  on  the  ground  that  the  dispute
::  ^ne  which  ought  to  have  been  referred  under  the
f:  i  rule.
*:  l  2

i:
            
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.