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12. All members joining the fund shall be subject to such rules as are in force at the time of their joining. 13. If from any cause it may be deemed advisable to expel any subscribers from the benefits of the fund the committee shall call a special meeting of subscribers, who shall decide on the case, and, in case of expulsion, such person shall not be entitled to any return whatever of his subscriptions, and shall forfeit all benefit therefrom of whatever nature or kind soever. 14. The funds of the society shall be deposited in the Auckland Savings-bank, and shall be operated upon by the joint signatures of the treasurer, secretary, and chairman, who will be chosen out of the committee. 15. Members shall, at reasonable hours, be allowed to inspect the books of the society. 16. Any member being in arrears for one month's subscriptions shall, at the discretion of the committee, cease to be a member, and shall forfeit ail claims and benefit from the society, but may rejoin at any future time as a new member. 17. All alterations in the rules of the society must be made at a general meeting of subscribers. 18. If tbe funds of the society are not sufficient to meet the current demands caused by accidents it shall be in the power of the committee to levy a further weekly sum of 6d. from each member. 19. A notice posted on the office of the company shall be deemed sufficient for the purpose of calling meetings. 20. No members of the fund will countenance any subscription-list after formation of this fund. 21. In case of death from accident the sum of £7 to be given as funeral expenses to wife or other relative of deceased.
EXHIBIT 57. KAURI TIMBER COMPANY'S EMPLOYES' ACCIDENT BENEFIT SOCIETY. Balance-sheet for 1896. Dr. £ s. d. Cr. £ s. d. To Balance from 1895 .. .. .. 20 3 7 By Accident expenses .. .. .. 66 1 3 Contributions of members .. .. 142 19 6 Members' rebate withdrawn .. .. 311 10 Interest due to 11th December .. 16 9 Stationery .. .. .. .. 0 0 9 Interest overpaid by bank, 1895 .. 0 6 2 Secretary's percentage .. .., .. 5 10 0 Treasurer's percentage. . .. .. 2 15 0 Dividend payable to members .. .. 65 5 0 Balance .. .. .. 20 19 10 • • • £164 9 10 • £164 9 10 Cash Statements. Assets. £ s. d. Liabilities. £ s. d. To Cash in Savings-bank.. .. .. 93 1 7 By Dividend payable to members.. .. 65 5 0 Interest due on deposit .. .. 16 9 Salaries .. .. .. .. 850 Cash in band .. .. .. 0 16 Balance (asset over liabilities) .. .. 20 19 10 £94 9 10 £94 9 10 T. H. White, Chairman. James Stevens, Treasurer. Fbedk. C. Thomas, Secretary. We hereby certify that we have examined all books and vouchers in connection with the accident benefit society, and find them correct. S. Roberts, ) . t ii 7 -or Auditors. J. W. Redman, ( 16th December, 1896.
EXHIBIT 58. TIMBER-WORKERS' ACCIDENT RELIEF FUND. Rules. 1. A committee of members, consisting of seven, shall be appointed at a general meeting of subscribers. 2. The committee so appointed shall have the general management of the fund, and will decide on the time for which relief is to be given, and their decision shall be final. 3. A committee meeting shall not be duly constituted if less than four members are present. The chairman of committee to have the casting-vote in case the votes are equal. 4. The committee to meet as often as necessary for the transaction of business. 5. Weekly subscriptions, 6d. each man and 3d. each lad. Any member receiving less than £1 per week as wages to be considered a lad. 6. At the expiration of twelve months the committee shall call a special meeting of the subscribers to decide on an equitable division of any sum remaining after all the charges upon the fund shall have been satisfied. 7. Any member leaving the society shall be entitled to have returned to him such portion as the committee may decide, provided he has been a subscriber for a period of three months. 8. No person is to derive any benefit from the funds excepting from that caused by accidents sustained while on work connected with the mill. 9. The relief to be given to each member while suffering from accident, rendering him unfit for work, shall be £1 per week for the first six months and 10s. per week for the next six months. Boys paying the smaller subscriptions to receive half the same amounts for the same periods of time, but no relief is to extend beyond a period of twelve months, provided always that the funds permit. 10. No subscriber shall be called upon to pay his weekly subscription during the time he may be receiving relief from the fund. 11. No member absent from any general meeting of the society shall take exception to the decision of such a meeting. 12. All members joining the fund shall be subject to such rules as are in force at the time of their joining. 13. If from any cause it may be deemed advisable to expel any subscribers from the benefits of the fund the committee shall call a special meeting of subscribers who shall decide on the case, and, in case of expulsion, such person shall not be entitled to any return whatever of his subscriptions, and shall forfeit all benefit therefrom of whatever nature or kind soever. 14. The funds of the society shall be deposited in the Auckland Savings-Bank, and shall be operated upon by the joint signatures of the treasurer, secretary, and chairman, who will be chosen out of the committee. 15. Members shall, at reasonable hours, be allowed to inspect the books of the society. 16. Any member being in arrears for one month's subscriptions shall, at the discretion of the committee, cease to be a member, and shall forfeit all claims and benefit from the society, but may rejoin at any future time as a new member. 39— H. 2.
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