Public XoCicc. vided, and to facilitate the accumulation-of small sums of money for those purposes, and others provided for in the following rules. n. — E2TTEAKCE PEES. Each member on admission shall' pay an en- ' trance fee of 2s 6d per share. in. — SHABE3. The shares of the Society shall be of the , ultimate value of £25 each, [All shares current on the 23rd March, 1873, shall be deemed to be " A" shares, and all transactions and the records thereof arising out of or relating to such shares during the period of their currency shall distinctly show and set forth that the shares dealt with are " A" shares.] [All shares issued on and after the 24th March, 1878, shall be deeme 1 to be ordinary shares of the Society, and shall not require any distinguishing mark.] IT. — MISOE3. Females (not being married) and minors may become members of the Society, but shall not be allowed to hold any office. T. — SHABE STTB^CBEPTIOKS. The subscriptions of the shareholders shall be 2s per share per fortnight. [The subscriptions on all shares issued on and after the 24th March, 1873, shall be payable on, and date from, the last subscription night in March and September in each year, provided that shares can be taken up on any subscription night by the payment of arrears thereon from the last subscription night in March or September as the case may be] For the purpose of receiving these subscriptions and all other payments due under these rulea, attendance will be given in the Court Honse, Riverton, or such other place as the Committee may lawfully appoint, from 7 to 9 on the evenings of e^e-y alternate Monday, upon which day the subscriptions s^all be due and payable. The Committee shall furnish the shareholders with pass-books, wherein all payments made shall be entered and initialed by the Secretary or other person entitled so to do. Payments of subscriptions may be made in advance, for which discount at the rate of 2i per cent per annum shall be allowed for periods of not less than six months. TI. — FI2TES. Any shareholder failing or neglecting to pay his subscriptions for two fortnights shall be fined 2d per share for every fortnight thereafter during the first half year he or she may continue in arrear ; 4d per share lor every fortnight during the second half year ; 6d per share for every fortnight during the third half year ; and so on, incr asm 2d per share per fortnight for every succeeding ha i year. When the fines on unadvanced shares shall equal the amount of subscriptions paid by a member, the share or shares, and interest of such member in the Society, shall become forfeited and cease. All shares ou which the entry money only has been paid shall be deemed to be forfeited and abandoned within one month after the same have been taken up. VH — iTEETrS&3 OP THE SOCIETY. The meetings of the Society will be held in the Court House, Riverton, or elsewhere, as the Committee may appoint, upon notice and otherwise, as provided by law. An Annual General Meeting of the Society shall be held on the first subscription night in October in each year, at which shall be submitted a report of its proceedings, and a general statement of the funds and effects of the Society, specifying in wboge custody or possession the said funds or effects shall be then remaining, together with an account of all sums of money received and expended on account of the Society since the publication of the preceding periodical statement, and such periodical statement shall be attested by the Auditors, appointed as hereinafter mentioned, and shall be counter-signed by the Secretary, and shall be printed, and every member shall be entitled to receive a copy of such periodical statement ; and at this meeting the office bearers shall be elected. Every shareholder (minors and females excepted) residing within a radius of 1 mile from the Resident Magistrate's Court Uoufe, shall attend the Annual G-eneral Meeting of the Society, or in default thereof pay a fine of 2s 6d each meeting. A Special Meeting of the Society may be held from time to time, and at any time the Committee may appoint. It shall be competent for seven or more shareholders to sign a requisition to the [Secretary] to convene a Special Meeting of the Society, and the [Secretary] shall do so by advertisement in two consecutive numbers of any local newspaper or ! newspapers. Bat should a majority of the shareholders so convened decide that the meeting has been called on iasufficieut and frivolous j grounds, the parties calling it shall bear the expense thus occasioned. The object of every Special Meeting shall always be distinctly stated both in the requisition and notice, and no business shall then be entered upon except that for which the meeting has been convened. Fifteen members shall be a Quorum at any general or special meeting. It shall be in the power of the Society at any such general or special meeting to appoint a Committee of shareholders for any special puri pose. Each shareholder present shall have one rote, and the President or the Member of Committee presiding in his absence, shall have a deliberative as well as a casting vote. All decisions that may be come to by a majority of the shareholders present at any meeting, provided such decisions are in conformity with the rules, shall be binding upon all shareholders. Till. — MEETOJG-3 OP COMMITTEE. Two members of Commiitee shall attend in rotation every subscription night, and shall key a check on the Secretary. Such members o;
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ST18730318.2.23.4.2
Bibliographic details
Ngā taipitopito pukapuka
Southland Times, Issue 1716, 18 March 1873, Page 2 (Supplement)
Word count
Tapeke kupu
943Page 2 Advertisements Column 2 Southland Times, Issue 1716, 18 March 1873, Page 2 (Supplement)
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.