Congressional Edition Volume 6184

Congressional Edition Volume 6184

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...held by those who hold the largest number above those who hold the next largest; provided that no member be required to accept less than the full sum paid upon each share paid off. 34. Repayment on the request of members.--Subject as aforesaid, the committee may, in the case of any transferable share required to be held by a member desirous of withdrawing from the society, on the application of the holder of any such share, repay any sum not exceeding the amount then credited thereon; and shall repay the whole sum so credited in any case where a member is paid off under the provisions of Rule 33, or where they refuse to confirm the transfer of any such share which is fully paid up. 35. Shares repaid to be extinguished.--All such repayments shall be made on resolutions of the committee, which, with the receipts for the money paid, shall be entered or referred to on the respective registers of withdrawable or transferable shares aftermentioned, designating any transferable share by the number to be given to it, and thereupon the shares in respect of which such payments are made shall be extinguished. 36. Moneys left with the society after notice of repayment.--If a member who has received notice that the committee is prepared to pay him off leave the sum to be thus repaid in the hands of the society he shall not be entitled to any interest thereon after the expiration of the time named in the notice of repayment Chapteb V.--Shares. Section 1.--Shares generally. 37. Of what description.--The shares of the society shall, subject to Rule 54, be either transferable or withdrawable, as is expressed in each case. 38. Where two or more joint holders.--Shares may be held by two or more individuals jointly, either of whom may give a valid receipt for more

Product details

  • Paperback | 264 pages
  • 189 x 246 x 14mm | 476g
  • United States
  • English
  • black & white illustrations
  • 1236492781
  • 9781236492784