Page 3 Advertisements Column 5

Southland Times, Issue 1157, 1 November 1869, Page 3

• Building and Land Society's Rules. the retiring Members shall be struck off from the to a top of the list. (See Meetings of Committee.) last XXIV. — PBKBIDIMT. and The President (or in his absence the senior 1 as member of Committee) shall be convener of all the meetings ; and the President (or in his absence , in the senior member of Committee present) shall she offer the funds of the Society for competition ; o f and shall also countersign as Treasurer all cheques rved upon the Society's Bankers. He aliall be elected the ■t the annual meeting by the shareholders, and the »n 7 vacancy occurring shall be filled up by the ito Committee in the same manner as a vacancy in rof Committee. XXV.— BBOBBTABY. A properly qualified person, who shall be a ,re i( member of the Society, shall be appointed ety, b 7 Society to act as Secretary, who shall and receive such salary as the Society may appoint. his He shall give ample security, in accordance Lion . w ith section 18 of the Building and Land Societies tied Act, 1866. He shall pay all monies received by !t u . the Society into the Bank the day after collooun- ( tion, and he shall sign all cheques or orders for of money upon the Society's Bank. ,of He Bhall keep all the books of the Society ; ing advertise all meetings ; attend such meetings ; me toko minutes of the proceedings thereat ; conduct •es; the correspondence of the Society ; and perform ing such other duties as may, in virtue of his office, ur- devolve upon him, under the instructions of the ich Committee. fit* He shall assist the Auditors in preparing the tli- Report on the state of the Society's funds, and the allocating the annual profits. va . XXVI. — BITBPI.ua FUNDS, AND POWBS TO BOBBOW. red In the event of there being no demand for of the Society's funds for investment, they shall be ins invested in name of the Trustees iv real md securities within the Province. ion The Trustees, with tbe sanction of the Comat mittee, tnay take up money on debentures, for the pur poses of the Society, at a rate of interest not exceeding 10 per centum per annum, such > e d amount not to exceed at any time the estimated of receipts of the Society for the ensuing 12 months ; a such debentures to be signed by one of the , o d Trustees, and countersigued by the Secretary, to without personal liability, and to be paid out of er, the funds of the Society, as XXVII.— APPBAL3. he Any shareholder who tnay feel aggrieved by ,U- any decision of the Ooouniitoe, may appeal fro v to their decision to the Annual General Meeting of the Society. XXVHI.— NOTIOBS TO XXHBBB9. toe All notices shall be deemed duly served (except Br> when otherwise directed by these rules) by th putting the same into the Post-office, addressed r*. to the party, at the place of abode given by him or her to the Secretary. ■e S XXIX.— TBBMIHATIOH O* TUB 80CIBTY. •ty When the value ol each unadvanced share e h shall amount to the sum of £25, and all expenses to *nd liabilities of this Society shall be fully paid lai and satisfied, the accounts shall be finally audited ; ed and the Trustees shall satisfy the legal claim of each member whose liabilities to the Society nave been paid or discharged, and the Society shall |g. terminate ; and the Trustees, with the advice of q. t the Solicitor of this Society, shall deliver up to or each member, or his or her legal representatives, be the title deeds and other documents which shall of have been deposited with them bj such member r . as a security to this Society, and shall and will, or if required, execute all necessary conveyances, M releases, or receipts of payment at the expense of he the party so requiring the same ; and thereupon ,i a the major part in number of the members present o f as any meeting, specially convened, by giving in seven days' notice to each member, shall have full tit power to declare this Society at an end, and all i # tbe accounts thereof finally dosed; and such disas solution shall be effectual in law and equity, and shall discharge and release all the members of t)e the said Society. <• |y XXX— DIBPUTB9 BHNCBBBD TO JUBTICB9. to Every matter in dispute between the Society, or any person acting under the Society, and any m individual shareholder or member thereof, or any ie person claiming on account of any member, shall v be referred to two Justices of the Peace, in terms , x of the " Building and Land Societies Act, 1866." * XXXI.— ALTIBITIOM A»» AMMSDUSSTB, and ' DIBBOHTWOK OP THB BOOIBTT. Ie These rules shall not be altered or amended, or 9| the Society dissolved, except in puwuau.ee and in 9 f conformity with the said Act. >r """" " """~"~ "-~- ~~ — " ~- "' SCHEDULES. )e ;n Form A for Trantfer of Share. by In consideration of the sum of £ paid to >r me. I, do hereby transfer to ty bis [or her] heirs, executors, administrators, and ts assigns Shares in the Western District >t Building and Land Society, subject to the n several rules, obligations, and conditions under which I hold the same at tlie time of the exeou* to turn hereof. And I, the said do j- hereby agree to take tho said shares, subject to i. the same rules, obligations, and condition*. — As ie witness our hands this day of 18 Witness > r Form Bfor Mortgage. s, This Dbbd, made the day of af in the Year of Our Lord One Thousand Eight il Hundred and , Bbtw«k» te of , in the Province of Southland, w New Zealand, Member of the »c Western District Building and Land Society, it hereinafter called the Mortgagor, of the id one part; and Trustees of the iy said Society, hereinafter called the Mortgagees, of Hi the other part : Wmrssavrs that in consideration i. of the cum of pounds starling, in hand, s- paid by the said Motgagees as Trustees afotusaii, id to the said Mortgagor (the receipt whereof is v, hereby acknowledged), He, the said Mortg^or, in doth Hereby convey and assure by way of Mortx- gage unto the said Mortgagees, as suoa Trustee*, •d ALL As the satne is more parit ticularly set forth and delineated on the plan on id the margin hereof, and coburei red, together id with all buildings and erections the -eon, and all ie and singular the appurtenauces thereunto beloage, ing ; To Hold the snme unto and to the use of if. the said Mortgagees, and their successors in office as Trustees aforesaid, and their assigns for >d ever. Pbotidbd nevertheless, and it is hereby Ie expressly declared and agreed by and between the re said parties to these presents, that if the said r ; Mortgagor, his Heirs, Executors, Administrators, ry or Assigns, do and snail from time to time, and \j at all times during the continuance of his of or their interest in the said Society, in respect of !g Shares of the said Society, presently held by him, well and truly pay alt the subscriptions, interest payments, and redemption n- money, and other sums of money ; and observe ;h and perform all the regulations on his or their ac part, to be respectively paid, observed, and periy formed according to the rules of the said Society, to duly certified and deposited in accordance with c- the provisions of the Building and Land Societies' *y Act, 1866, and the Building and Lind Societies' iy Act, 1866, Amendment Act, 1867, in respect of ad the said shares in the said Society, held by him, and in respect of the premises hereby conveyed and assured. And ne also do and shall keep the buildings erected or to rs, be erected on the aforesaid land in good repair } i»t and do and shall pay all sums of money expanded of by the said Society in the Insurance of the builily ings on the aforesaid land, within ten days after the same shall become due ; which Insuranoe the he officers of tlie said Society are hereby authorised to effect to the extent of £ ; then these presents, and every article, clause, and thing id herein contained shall be void and of none ne effect ; anything herein contained to the contrary ral thereof, in any wise notwithstanding ; but in the «c event of the said Mortgagor, his Heirs, Executors, be Administrators, and Assigns, failing, neglecting, he or refusing to pay all or any of the subscriptions, ;ht payments, and redemption money aforesaid, so ng as the same or any of them shall be three months he in arroar ; or to observe and perform all or any of try the regulationsonhisor their part to be respectively at observed or performed, or shall neglect to keep ty. the buildings erected or to be erected on the said in. land} in good repair, or to pay the annual sums ler by way of insuranoe, or any of them, within ten em} day* next after tbeeais* tn«ilre«peoti««ly beooara