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Meetings RULE XXV. ACCUMULATION OF CAPITAL. 1. In the event of any accumulation of capital, for which there is no immediate application, the trustees, under the direction of the com* mittec, shall be empowered to invest it in real or Government securities as they shall, with the advice of their solicitor, see fit, and so from time to time alter, transfer, and sell such securities. 2. It shall be lawful for the committee (due provision having first been made for all memberi wishing to realise upon their shares) from time to time to employ the whole or any portion of the surplus funds of the Society in making advances at the currant rate of interest to the holders of unrealised shares, the amount of such advances to he secured and charged upon such shares. Provided, nevertheless, that the amount so advanced shall in no case exceed the value of the share or shares advanced upon, such value to be fixed from time to time by the committee. 3. The committee shall also have power, whenever they shall deem it advisable, to make provision for the withdrawal of shares. RULE XXVI. ARBITRATION. V In case of any dispute between this.Society and any member or any person on account of a member, reference shall be made to two or more Justices of the Peace, in accordance with the 28th section of the Building and Land Societies Ordinance. . . RULE XXVII. NEW RULES AND ALTERATION OF RULES. No rule herein contained, or any rule to be hereafter made, shall be altered, rescinded, or repealed, unless at a spec;al general meeting . of the members duly convened in terms of the Building and Land Societies Ordinance, section 10. RULE XXVIII. MEMBERS TO BE BOUND BY RULES. Every member shall be bound by and subject to these rales. RULE XXIX. CONSTRUCTION OF RULES. 1. In the practical application of these rules, or any rule hereafter to be made, the words, he, him, his, shall be construed, also as she, her, and hers ; and in all cases of dispute, the construction put upon these rules by the committee shall be final and conclusive. 2. Every notice to be given in pursuance of any clause in these rules shall be written or printed, and signed by the person giving the same, and shall be either delivered into the hands of the person to whom the same is to be given, or left at, or sent by the post, to hit last known place of abode, and such notice duly directed and posted upon production of a duplicate copy, endorsed with the date of suck posting, and signed by the person who signed the original, shall be considered to have been duly, served on the day on which it shall haw been posted, although it may never reach the person to whom it shall have been directed. . SCHEDULE A. TRANSFER OF SHARE OR SHARES. I , one of the members of the Thames Land, Build* ing, and Investment Society, in consideration of £ : paid to me by . and also in cofr siderationof - paid by the said . to the funds of the said Society, being a fee payable thereto, according to the rules of the said Society, do hereby assign and transfer to the said executors, administrators, and assigns share or shares, subject to the payments and regulations prescribed by the rules aforesaid, and I, the said do hereby agree to accept the said share, subject to the same payments, rules, and regulations. As witness our hands, day of 18 SCHEDULE B. ; RECEIPT. Receipt or acknowledgement to he endorsed upon Mortgage* by virtue of em, Ordinance passed in the fifteenth year of the reign of Her Majesty Queen Victoria, entitled, the " Building and Land Societies Ordinance." We, the undersigned, being the trustees of the within-mentioned Society, do hereby acknowledge to have received of and from the within-named mortgagor, his or her. heirs, executors, administrators; or assigns all moneys intended to be secured by the within-written deed. As witness our hands, *v ' day of- 18 SCHEDULE C. . I, of t hereby sell and assign to the present trustees of the Thames Land, Building and In*. vestment Society, of Thames, Province of Auckland, their successors ~ and assigns, all my share in the said Society as a security for the payment of the sum of , . to . the said trustees, their successors or assigns, . . ' - ■ ' and interest thereon at the rate of per centum per annum, payable by even monthly instalments, on the first Monday in every month, and also all payments to become due to'the said Society in respect of such shar. with full power for the said trustees, their successors or assigns, in default of payment of any instalment of interest or money to become due in respect of any such share to sell the same after thirty days shall have elapsed from the time of any such default, and to retain the proceeds of any such sale or sales in , payment of all expenses incidental thereto, and then in full discharge of all moneys due to the said Society, and to pay the balance, if any, to me, the said . ' In witness whereof, I, the said t have hereunto subscribed may name, this, day 18 t — -"|. ■■.-,. © ra {D<»*?o»e«fr.wt9H Shares. w P g, 5, f?» fcotsMMMMO© ©P s?^ ■ °- ts g» uotooetoeonr p* • h • g #>i(kMt«(9(9HH OS* |?to 3 p P ■ g.3, ' 3 "gTi e»©»©Cs©o© «. F - ... g.*! «£>OO<IO>CT*.W»*M« g M y g 8,3 ©oooooo© ©P* I s" t* § " BB& H3 « g. M & WN © tD,«* O> *» CO M? g^ g.O §.§• £ O» © » ©iwßi; 1:©" WOO*? 1 ff? t2j ** 5-5- § © © p>/;©V© ©c © ©*a p go © pc» S»ho« p» »■ IP ' 38. tf 3 © o ©«•©©©* r *£. g*g t — JJm » . «§3. HHOooooooft BS, m 11 8 «©is S5 S «»- &!' ■- Ji 1-' SS, S oi oo»©o> ©o» © «?* *• 8 J*, it I ' "" n 6;- ---?["• t°°e^aCT^c9MM sh"es>,- £* g ||| WMMMMM ©© ©- f - j« r>* c I w g | aaoii».NeotOH ©■ £g . gJg 32 co©<»«a«o©oo<» co? 1 ff* 2 Sk i ■' ' ' © k9 &0B wK5500 MWW H« ? M Jf OB . t^ sy y 3 W3 OB S* S OOCOO»COOWO«9P' P" O £ •4' H B •—• oacfficiuion co» ft? H £, wotoawotoo M^ " " 1 5' (JNHHHHOOOft O 3 <rtOO»MO>M(SW© «• sST ■ _ v • a. r S g". WWtOfcOMMMOCtb g ? (3 )_i l_i j_l M _ 2 2 M .a>fco*»ojooMeow <r? S5 ™ g" ' F" Ji «- cDoeoa>o-ocoq> to fi 1 ' a p* ' —— ■ ■ . *^ • - HenbtC. Giiikspie, W.McCuLLouaH, J. Bkown, James Rbnshaw, John Exad, F. 0. Dbjlk. Jno. Wilson, IN accordance with'the above requisition, I hereby convene a SPECIAL GENERAL.MEETING of shareholders in the Thames land, .Building, and Investment Society (Permanent), to be held in the Society's Office, next the Bank of Australasia, Albertstreet, Grahamstown, at 7 o'clock p.m., on the sth JULY, 1875 for the purpose of altering the Rules therein specified. ' / Alex. Hume, Secretary.

Permanent link to this item
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https://paperspast.natlib.govt.nz/newspapers/THS18750602.2.21.4

Bibliographic details
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Thames Star, Volume VII, Issue 2000, 2 June 1875, Page 4

Word count
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1,124

Page 4 Advertisements Column 4 Thames Star, Volume VII, Issue 2000, 2 June 1875, Page 4

Page 4 Advertisements Column 4 Thames Star, Volume VII, Issue 2000, 2 June 1875, Page 4

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