FRIENDLY SOCIETIES CONFERENCE.
WELLINGTON, May 22. The Friendly Societies Conference spent considerable time on the discussion of Mr Loasby's motion providing that the Aofc should be amended so that no Society could be registered unless it was certified that the table of contributions pro vided is adequate for the benefits offered. During the debate a delegate said that in one district out of seven lodges four were unfinancial; in another seven out of ten were unflnanaial; in another there were three lodges all unfinancial; while in another seventeen out of twenty-one were unflnanoiar. The motion was carried by 34 votes to 13. It was resolved that no Society be allowed to carry on business without having an adequate scale of contributions oommensurate with"the benefits proDosed and approved by a competent actuary, which scale of contributions shall not disturb the contributions of existing members, but I shall be brought into,existence on a I stated date, and shall apply to all those joining after that date, it was decided that the Act should be amended by extending the power of nomination to sums ofl! not more than £IOO instead of not more than £SO, and by adding Friendly Societies dispensaries to the provident institutions to which societies subscribe under sub-section 12 of section 13. A motion was carried giving small lodges power to send balances to their distriot authorities in order to get the advantages of joint investment. The Conference resolved that on the dissolution of a' branoh of a registered Friendly Society, all moneys and properties shall be handed over to the central body after all claims and debts have been paid.
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Wairarapa Age, Volume XXVIX, Issue 8145, 23 May 1906, Page 5
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271FRIENDLY SOCIETIES CONFERENCE. Wairarapa Age, Volume XXVIX, Issue 8145, 23 May 1906, Page 5
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