Building Society Act 1850 (SA)

Case
No judgment structure available for this case.

\ to asscmble togctlicr, and to make, orcl;iin, :tnd constitute, such

\ the several RLembers of each Sucicty, frbm time to tinic,

t propm and wl~olcsouic.

l i u l e ~ i T K e ~ ~ 1 ~ ~ 0 1 ~ ~ ~ f o r

-

__

the Govcrninei~t

( and Guidance of t h f - s m ~,

:I;

TO tlic lilil.jor part of the h l ~ i n b e r ~

of

-.--

- -

'

such Fo&kty, so aahcmbled togctlk)., &ill

seem meet, so as such

/ ' (

\

RGliis sllall not hc rcpnpia~r t

to the >xpwas l'rorihions of this

.

Act,

and to X i e I J a v - h of' illc T'rnvinut.,

and-tvsi??yose ancl mflict such

reasonable 17incs, I'endtics, cl -Forfciturcu, upon the WVC~:II

RIemhrs

of

any

511~11 S o c i e i ~,

who slid1 of-l;:nd against any such

Rules, as the l f ~ n ~ b e r s

may tilink fit to be respectively paid to sue11

uses, for tlw belleft of such Sucicty, a.; such Society by such Hules, shall direct, a n d also from time to time, to alter and amend such K d c s as occasion shall require, or annul, or repeal, the same, and to

make new 112~1~s in lieu thereof, under such restrictions as are in this

Ordinance contained: I'ROVIPED

that no member sllall rcreire, or bc

entitled to receive, fioin the 17unds of such Society, any interest 01. dividend by way of annual, or other periodical profit, upon ally Shares in such Society, until the amount or value of his or her Sharc sllall have been realized, except; on thc withdrawal of such hleinbcr, nc- cording to the Rules of' such Society, then in force.

Bonus,

nlay he

IT.

AND IW

J T EXACTED,

that it shall and may be lawfbl to and

received.

for any such Society to h a w bud receive, from any hleniber crl. Menhers thereof; any sum or buim of ruoiwy, by way of bonus, 011

;tny Share or Shares, fbr the privilege of' receiving the smnc in advance,

prior to the sanw being rcalizetl, and also any interest for the Sllarc

or Shares so recei~ed,

or any part thereof.

~ u l c s m a y b c m a l l c

111.

AXU BC

1.1.

I:IIL~TIIEIL I ~ A C T E D,

that i t sllall and may be

for Forms ot Convey-

l i l ~ f u l to and for m y such Society, in and by the Rnlcs thereof, to clcscribe thc Form or Forms of Conveyance, Mortgage, Transfer,

ance, ~

~

<te.

~

t

~

~

~

~

,

Agreement, Uontl, or other instr~~rnent, v-llich 1~1ay be necessary for

.A

carrying the purposes of the said Society into rxkution, and &ch provided.

shall be specified ancl set forth in a Sc:hedule to be annexed to the

Receipt endorsed

]V. A m RE IT ENACTED,

that i t shall be lawful for the

Trustccs

nn Mortgage to be

~ufticierlt discharge named in any Mortgiige mark on behalf of such Societies, or the

Puce.

w i t ~ ~ o o i rc-~onvsy- s u w i ~ o r or surrivors of them, or for the Trostccs for the time -" -- h&hg, -- -

t o

X 7

V.

A \ n

131:

I T !-.\wtEn, t h a t bud1 S w i t ~ t y )

SO ~\t;ihli.rhcd

as ;rforC- n ~; ~ ~; ~; ~: ,, ~;

h a i d, 11ef'ore ; 1 1 1 ~. of

the

11111~s

t lweof

kh~ i t t lw

c o ~ ~ t i r n l c ~ l the

GO- p u r p w

ll)r i t 8

E S ~ A I I. .

vcrnor, i l l tlic ;n;rlkocr hcrcinafter dil*r(:t(vl,

s I I ~ I I I,

i t, (11- by O I I ~

01- more "bl'tno't 'C.

of the i"luics to Ilc c~~nfirnicd

by

:3ucal i Gowrim., c ! r > ~ l: ~ f i ~

all :incl c\ cry

t l i ~

intc-~lts:

ant1 purposes fbr wllich such Focicty

is cstal)l ishd, a ~ j c l

shall also, ill allcl b y such11 T'Lules, direct a11 ancl every thc uses and p ~ ~ r l ~ ~ s c s t o w l i i c ~ h t h e Alont~y I\ hicl1 sliall from t i ~ n e to time be sub-

s u - i h d, paid,

or 4 v c n to, al. for the use or

bclic.fit

of such Society,

?

or

which

ill;ill iLrlbC t h ~ r e f i ' o i ~,

01'

in illiyT\ih~ ~Ililll b~!013g

said

Society, shall b e appropriated and ayyliecl, ant1 i l l nhat

Yl~areh and.

J'roiwrtio~is, alld urntlcr ~ v h t circm~istnilces, any h1embcr of such

Sociuty, or other pelwli, s l d l or nlxy becmw entitletl t o tllc samc, or i l l i Y pixt tliercof) 1 ) r o v i d ~ d allat the upplication tl-~erenf shall not in

anywise

loc

I ' C I ) I I ~ ~ ~ ~ L ~ I ~

to the usrs, iutents, u ~ i t l

l)urposcs, of such

Society, or a n y of thcln, so t o bc decli~recl as :~fi)rc~saitl, :uid all such 12ulchs, during the cwntinumcc of the samc, shall be cornl>liccl with and enforcccl; a i l d thc 1 1 0 1 1 ~ 1 A so suhscr ibd, paid. or given, or ,so arising, to or for the ubc or helwfit of s11cll Society, or krelongiilg tllcrcunto, s l ~ ~ l l not Iw tlivcrtecl or l'r~ih:~j)j)li(d, tlitller by t h ~ T'reit-

bllrer:

' l 'rubt~c, or

T r ~ s t c e s,

or m y other OiIicer or Blelutbvr of such

Socicty cntruhtctl thc.rewitll, undctr such 1'(\11:ilty or Forki ture as

suelr Society shnI1 by any Rule irnposc ancl iuflict fi,r s ~ c h

offeucc,

*egistrar-Gcneral O f Society, i~ild

the other of said 'I'ritwc.r.ipts s l d i \K clcyobitcci v;ith

this Yro\i~lcc~.

the Registrar-Gc.ncra.1 of this Province, whicl~

' l ' r. i r ! ~ ~ i _. ~ ~ i ~ ~ t

+ i i i: ! i

bc

filed

by

snrh

ICrgistrar

and

preserved

amoilgst the I ) b ~ ~ ' i ) r ( l ~

:m(!

Muniments of the said Registry Office, witliout any Fec or l!ewartl,

taken end deei&d to have ful i iloticc tllcrcof, and tho Tmmcript

~ o l ) y

to Ire rt'eeiveg of illc said liulcs, Alterations, and Xn lcn~ lm~~ l th

dqlr:hitc.tl

wit11

iht.

:\S rvidenw.

1 ficgistrar (:t r~eral, as aforcsnid, or a true copy thereof certified by

such Registrar, or his Depntv, shall be received as evicterice of such

I Rules nnd Rcgnlations rc.spcctively, a,.; ai'oresairl, allrl cj-ery copy o f

any such Triinhcript deposited with the said Ilcgibtrar-Gcncral as aforesaid, shall bth inaclc without Fcc or Kewarcl, except the actual expense of' such copy.

h'n Rules ailowed

VII.

h l ) BE

IT

~ A C T E D,

that no Rule confirmed by the Gu-

by the Governor t o t e

d l w d hut at a GW

vernor, in manner aforesaid, shall be altered, rescinded, or repealed,

t r n l

Meetll,g oi tlic

unless a t i~ General Meeting of the Members of

such Society, a h

hock t y.

aforesaid, conrened by Public Notice, written or printed, signed by the Secretary, C'h:ri~im~ii, or other principal Oficer., or Clerk of said Society, in 1)ursu:tnct: of it requisition for that purpose, by seven or inore of the Members of such Society, which said requisition and notice shall he publicly read a t two usual Alectings of such Society, to be held nest hefort. such General Rleeting, for the purpose of b ~ ~ c h

211teratiou or llepeal, unless ;X Co~ninittec

of such JIenlbers shall

have been iiomiilated for that purpose a t :L

Gener;~l blcctiily of the

Members of said Foc.icty, convenecl in manner aforesaid, ill wll~ch casc such Committee hllall have the likc power to make such Alterations, or Kt~pwtl, iuld uilleas a~lcli Alterations or Rcpeal shall be iludc with the concurrence and approbation of three-ihurtlls of thc ;\Icnl- bers of tuch Societ), tlien and tliere present, or by the like pro- portion of' such Coiimittect as i~foresaicl, - if any shall have bcori nonli-.

i>atecl for that purpose: PROVIDED ALWAIS, that no such new or

altered litdes s l d l comc into force, or hare any cffcct, until thc.

same have been coi~firrned m d deposited in manner aforesaid.

l ' u J " ~ a ~ l

s"ecxy

VIII. .!>I,

131: IT Ert,c~i;r),

that the Rules of such Society sllall

p1:ire of meeting and

U

0 C

S xcif'y the place or places a t which K i s in te iJed such Society shall

! Ilo c it; hlectings, and 3liall'contain provisions with respect to the

tr

p o ~ ~ w ~ a i i c I ~ ( B t i o s

of' the Jl(inil~era

at large, and of such C o m m i t t e e ~ f

\ Officers na i iuy be appointcc1 for the man:~gernent

of tlic nffkirs ofsaid

:-neiety nisy alter SO&$

PIWY

IIII:I) I

A S, that it shall ancl may be-%

~ l l n t

c of Mcetirrg.

alter their j~iace

or places of hlecting, w11euesr:r they may

r.or~sider ~t riecasary upon giving notice thereof' in thc ,.South

Ans-

"-.

tm l iun

G o r ~ ? n m e ~ t

GO&JUP

:

I ' R O \ - I ~ E D

ALSO, that the said notice

l

h

i

I

-

-

>

published thrice, or oftener, i l l said Solrth

.,I I I S ~

~ N / ~ ' N I I

S " c i ' b f y ~ l ~ l ~ ~ ~ l ~ l ~ i ~ l (

S. :\hu m 1.1 EKA(:TED,

that such ----

Society >hall, illid ~ u a k

from

- _. _

Comn~irtee.

time to time, clcct and apnoint anv n~nubcr

of' the hlernbers of such

h w r s of standillg Cnnlmittecs to I I ~ de- rl.wcd in ttulev of the Socicty, and of par- tit tilnr ones entered in

purposes, the p o ~ v ~ r s o f

sucl;

-~omrni t tee

being lirst d&l:lred in and

a book.

bv thr: Tlulcs of ~ ~ C ~ + ~ K C Z Z V ~ - - ~ ~ ~

L?

t, l l ~ GUVCFiiUfZI1d

dr-

Committee contrnlal~le

hy Society.

XI.

h 1 1 m

IT ~ ? ~ A (: T l l l ),

that

~11~11,

iLlld SO oft~11 iIll;Y ~ ~ ' Y S O I ~

seized

or lmssessed cf m y Lands, Tene-ments, 1Icrctlitumenis, or otller

A

I ' roprty,

or any Estate or In twes t therein, ns n Trustec or '1'1.11stees

:,,i

\,e, or tk,ey r;-

of such Society, shidi \E

out of tllc julisdictidii of tlic ~

u

~

)

~

tu convey, ne..

~

h

a

e

up^^ n ~ e

Court

nl ly

Court of illis Province, or shall bc Idiot, IAuniltic, or of Cnsoun(1

a

Lu

J h d, or i t shall be uoknown or unccrtnin whether he or they bc CO[~.(.Y.

living or dead, or such person shall refuse t o Convcy or otlrcrwise

Assure such Lands, Tenements,

Ilcrcdituincnts,

o i.

l 'qrcrty,

01%

Estate, or M e r e s t t o thc person duly i tonha ted as 'I'wstec

or

Trustees of sucl~

Society in his or their stcnd, then and in cvcry 01.

any aucll case it sliall he I:l\~ful

for the Supreme Court, or any Judge

thercof, to appoint such person :is to such Court or Judge h 1 1 secill nicet, on behalf and in tlic name of the person seized or possessed as i~foresaid, to Convey, Surrcndcr, Relcasi:,; \ ss ig~ l, or vtlit~rwise

Assure the said Laiids, 'I'encments, llereditnmcrrti, or I'ropcrty, or i

Estate or Interest, to such 'l'rustce so duly noinii~ntcd

as aforesaid:

i

and every such Conveyance, Release, Surrender, Assignlncnt, or

',

.Issurtlncc, shall be :IS valid ancl effectual, to all itltcnts :md purposes,

; I S if the person bcing out of the jurisdictioli, or nirt nrncri;rblc to

i

tllc ~H.OCPSS

of the said Court, or not know11 to hc I

,

or having

~ * c. l ' r ~ s t ~ l,

or a s if thfl perhon hc*ing Idiot, J,un:ttir, or of' tTnso11nd

C

I\lind.

%

Rllles to b~ nladr

XII.

WE I T I':BALTF.D,

that every-dbmte between tlre 'I'rus-

directing how disputes

sl~all

be settled.

tees or Colnlllittee of such Society, and a c ~:

bjeli;ber or OfIiiFr

tlEfeof,

or

n i l y x e c u t o r,

or

~ d E i E t r n t o r, Next

o f Kin,

ol-a-Cieclitor, o$ any deccased Member, or any person cl;~im-

i ing to

such ~ s r c o t o ~,

Administwtor, Nest df 'Kin, or Cl-c-

7 ditor, tlien, arid in every such case, the matter so in dispute shall h t

,)

/

referre2 to the Arbitration of two hdifferent persons, one to be cllosen

and appointed by the Cloimlittee of s~xcli Society, ;tnd the other bp t l i ~

party with whom the dispute arose; and in case the Arbitrators so

bppDintcd shall not ag~-co, then such matter in dispute sirall be

refkrrerl in writing to an Llnpire, having no interest in such matter,

01- in such Society, to be chosen by the said Arbitrators,; ~ l l d

whatever Award, Order, or Determination, shall bc made by the said Arbitr:ttors, or by thc said Umpire, shall bc binding and conclusive on all parties, ancl s Id1 he final to all intents ancl purposes, without any appeal.

Effects ofsociety to

XIII.

Asu BE 1.1. EXACTED,

that all Real and lieritahle Propcllty,

be vested in the Trus-

t w ~ f o r t h e t i m e b e i n g, hloneys,

Goods,

C1mttels,

i~lld

~ffectsivhitever,

and all

--W

Titles. Se-

w ' l o m ~ b ' i " ~ a n d

dc* curities for MoneyLor

o the~obl i@ory Iilstruments and Evidences

knd Actions, &c.

-

oTNuniments, and all other Effects whatever, and all Rights or

I

i

n

U

or L

L

sucil

S ~ c i c t y, sh:iil Le restecl in tile

-

-. --

(

Trustees of such Soc i e ty fo t ~e time f being, for t h e - b e a id i ene f i t o t o c i e t y, and the respective Members thereof, their Exe- cutors, or rldniinistrators, according to their respective Claims, ant1 Interests, and after the Death or Rerrioval of any Trustee or Trustees, shnll vest ill the succeedincl. 'rrustee or Trustees, for the same Estate p, 7

a i d Interest as the forme1

l rus tec or Trustees hacl tl~ereia,

and sub-

/ ject to the same Trusts, without any Assignment or Conveyance

- - of- Action

.--

-I*

or Suit, as well

.

-

.

whatever, and shall also, for al lEu~oses

-

Crimii~nl

as C i ~ i t; i T.dw or in Equity, in anywisc t n r ~ r G ~ ~

or con-

!

_ - I - -

j;

cerning the same, EAdeFi~led

and taken h

be, and d. d in e ~ r r L

' sucli proceeding (\vhere necessary) be stilted to be, the property of the PCTSOI! -

;

I

I

i~ppointed

to the officc"of Trustcc o?rruate&,

l-f such

-.

i I

Society for the t,imc being," i~i--tris or their p o p e r name, 'ii-~t

j I

--

,-B

further description+ and sucli person shal1,nnd he or they is and arc

'

KGehy respectively i i u t l i & i d o r or -- .- defend, or cause to he.

. '---

brought or dcfcndcd, any A c t i o n, ~ t,

- -- or Prosecution, CrinimaI as

weR-G15ivil;in Tlaw or ii; l?qwty, tonchi~ig or concertiiry the Property, Right, or Claim aforesaid, or-i~--belonging to; or & d i y d % d c k t y, provided such person oFpersons shall have bee0 there-

?-

\\ unto duly autlwrlsed

--.. --- -- by the coascnt of th-e majority of members

p~

;sent

n t ~ Y X T G 3 i n g

of

the Society -0:

Conmittee t l r e i i 6 r i ~ n c l

5

-*-v--." "- I

*

such person so appomtcd, may in nllcases

t l i ~ i e r t y,

Right,

XIV. i i ~ n

nc rrr ENACTED,

that 011 the ' h i d of ally ,ictioll, 111- inay

iileml'rrqof

be

wi t~~esseq.

Sncit ty

tlictnlrnt, or other Ir'rocecding, respecting tlrc d'ropcrty of such Society, or in any Procecclings before thc Su1)rcme Court, or iuly other jurisdictioil ill this Province, any Member of such Socicty shall be a conilwtcnt JVitiicss, ant1 shall not be ol),jccted to on account of any interest he inay Iiave as sncll hlembcr in the result of snch Action, Intlictrllent, or other Proceecling.

sponsibility of Trea-

m y other Otfrcer of such Society, slmll not be liable to make good sureror ,rruqL

ees, ckc.

m y deficiency which Inay arise in the Funds of such Society: 1'110-

I-rnED ALWAYS, that the haid Treasurer, T r u t e e s, and c\-cry other

Officer of a n y hlicli Society, d d l be, and tlicy

are hereby declared

to be, pcrwiially responsible and liable Ihr all ;\lolleys actually re-

iditMo for tnnney

ceivecl by him or t lmn 011 account of, or to ancl for tlle use of, arttinkly rcveivcc1.

such Society.

Society 311a'! lnahe

XVII. Ah I,

I ~ I C

IT

EK.~CTF,D,

that the Ilule:,

of'

('1 ( ' 1 % ~ b u c ' l l

> ~ ~ ( ~ i ~ ' t: '

annual

audits

and

statemcirts

of

the shall

r~rovidc that the

Tret~surer, Trustees. ~ccrc t t lm. or ot71(11

Funds to

''em-

p h c i &

Officer tllcrcof, shall, once in every )taiLr a t 1ca"st. pl+clr:rnl.

hers.

or cause to be prepar~d, n General Statement of' thc Funds ancl Effects of or beloirging to such Socicty, specifying ill w h n w c.ustodv. .

or possesiou the said k 'u~ds or Kff'ects shall be then rt.irr;l~uulg,

together with nil Account of all and evcry thc. r;viow slum of Money received ancl expended by or on account of such Society since 'the publication of the preceding periodical st:~teltwilt, and every such periodical statement shall be attested by two nr nrorrb hleiubers of such Society, appointed Aurlitors for that purpose, anti s l d l be countersigned h i the Secretary of said Socir.ty, and shall cause the same to i j e published in the G ' o u e r m ~ e / ~ f GCTZ~ I /P, iiil~l :L

copy thereof to be transmitted to the Governor, to be by hiun

I:licl

before the Legis1;~ture at the earliest convenient time, ;m1 every Member shall bc cntitled to receive fronr such Society a. copy of such periodical statement, on payment of such snnr ns thc Rules of said Socicty may require, not racecding the sum of Sixpeilcc.

Executorr, &C.. of

officers of said Society

XVIII. A m HE IT ENACTED,

that if any person aypointcd, or

t o p,

rnonry due to who has been, or may hereafter bc appointed to any o f k e iir

Society before

such Society, ;md hcing entrusted with the kcepiog of the Accounts,

other debts.

or having in his l ~ n d s

or possession bv virtue of his said oflice or

L,

I

I

.

elrqdoynlent any Moneys or Effects belonging to such Society, or

any Deeds or Securities relating to the sainc, shall die or heconlc u

Bankrupt or TnsolveI~t, or have any Execution or Attachnient or other Process issued, or Action, or Proceedings c o n ~ n ~ r ~ ~ c e c l itgainst

Ilia L a d s, Goods, Clmttels, or Effccts,

or Property,

or

i h t i ~ t r,

or make any Assignment, L)isposition, or other Come ynnce thereof; for the benefit of his Creditors, his Heirs, Executors, Administrators, or Assigns, or other Persons having legal right, or the Sheriff, or uther Officer executing such Process, or the pxrty using such Action or Proceedings, shall within forty days after demand m,zde in w~.itirig

part of thcm assernbled a t any Meeting thereof, deliver and pay over

by the order of such Society, or Coinmittec tllcreof, or the major

all hIoneys iund other things belonging to such Society to s l~ch pcrson ss such Society or Committee shall appoint, and shall pay out of the Estates, Assets, or Effects, of such person, all sums of Rloney remaining due, rvlrielr such person received by virtnc of liis said office or employmerlt, before any othcr of his debts are paid or satisficcl, or before the Money directed to bc levied by such Process as aforehaid, or which mny bc rccovered or recoverable under the same, is paid over to the party issuing such I'rocess, or ming b u d 1 l'rocc~dings, and

1111 such Assets, Lands, Goods, Chattels, Property, Estates, arid

Effects, shall be bound to the payment alld dischargr thereol' :W- cordingl y.

XIX.

AND BE IT I ~ A C T E D,

that in case any Member of any Forl)ayment ofsums

not cxwoding $21)

Society shall die, who s l d l hc entitled to any Sum 1l0t exceeding where Members (lie

Twenty Pounds, it ~lli~11

be lawful. for the Trustees or Directors of i"testt5t".

such Society, ant1 they are hereby authorised and permitted, if such

Trustees or Directors shall 'be satisfied that no Will w s made ;~nd

left by such dcceasetl hlember, and that no 1,etters of Administration

will be taken out of tllc Funds, Goods, ailcl Cliattels of such Dc- positor, t o p t y the same a t any time aftcr the decease of such Member, according to the Rules and Regulations of the said Socicty; and in the event of thcrc being no l'lules and Regulations made in that behalf, t lml the said Trustees or Directors arc hereby authorised and permitted to pay and divide tllc same to and amongst the Person or Ycrsons cntitlecl to the effects of the deccased intestate,

:t l lcl that without ttclnlinistr.

Cl t'

1011.

LLUrt.

unto mnexcd, sigged by tllc T r n k i ~ ~ s

_ of

I such

__._ Society, sllall rc-

speclively be

r t r co rW~Ir>GE

'&th in the Sulmine Court of South

I

South Australia, xithin thirty days

next after such ' h s t e e or such

Secretary shall bc: so elcctetl, as the case may be.

XXT. AVI, BE IT EXACTED,

that until iL llIemorial of' the nanie

until

i{c(nr,i

'('

I"'

l

of tllc Triistcyy,, or of the Secretary fo<%E

timi Icing, be rccoriTerl ill

the manner hereill directed, no Action, Suit, or o t l m Proeccdii,g,

i

shall be brought hy sucll Sociaty in the i;nrne OS the Trustees,

\

--

I

-

under the authority of this Ordinance.

XXII. h o

BE IT

Esac~l in,

that in mny

Action to bc broudlt in

~~. .: t :~ t

p0.t

of FP-

cord of' bTctu

b r ral *l ill1

tlic name of tlic mid Trustces of such " ~ u c i o t ~ '

by virtue ot this ,,, n,,,,,,

Ordilinnce, the Plaintiff thcrein shall riot be nonsnited, nor shall ;L verdict be given again& l h r for want of proof of the Record of such Memorial or Mcroorinls, i ls hereinbefore mentin11c.d~ but in case the Uefend:lnt in any aneh Actioli shall make i t appear on such Trial that rlo such Memorial or hleir~orials as hereinbefore iuentiuncd Ims or have been recorded, then a nonsuit shall be entered in such Action.

Urclilkanfe* Ko.

!'

1

.

l

l

S

,

I

$ 1 l l

I'IllL'I J I L K

B'!?l,\("l'Lll,

t$l;lt f llt

of 1843, not to apply

society. 9, entitlcd " An Ordinmce further to regulate Wale;, b ~. Auction,"

to sale of Shares of Provisions of' the (hdinance of the First of Novernbcr, 1s 13, ho.

shell not be applicable to any Chairlnau or other ~ r c s i d h g - Mcmber

of any such last-mentioned Society, who shall offer for sale or sell

it11y Slmre or Shares of' m y slich Society, to a n d amongst the Members thereof, at a !Meeting thereof held according to the Bides and llegulations of such Society.

Funds not t o be

XXIV.

PKOV~UED

ALWAlS,

A N D

BR

IT FC'ILTHEII ENACTED,

that

inbeutad

i r ~ Sa\iugs'

liank

uothing hercin contained s h l l authorise any Benefit Dnildirlg Society

to invests its Funds, or any part thereof, in any Savings' 1a:mk.

Society to furnish

XXV. AXD BE IT ENACTED,

that cvcry such Society taking the

Accounts and Heports

coo: beilcfit of this Ordinance sllall, a t such times, and in such form and

,h,.

,,.ir.,l

rnnrmer, and to such persons as shall be froin time to time appointed by the Governor, furnish all such just and true Accounts, Jtrports, Statistical Tables, ancl Statcrnents, as shall be required to cluciclatc thc Statc a i d Proceedings of such Society, and the manner in wllicln the purposes of such Society, ancl the Provisions of this 01.rlin;tncr, have been carried into eff'ect.

Benefit of Ordirranco

XXVI. AND

IEE 11' FUKTHEJC ENACTED,

that all Uuildillg Societies

to cxtcnd to all Soci-

eties established prior

established prior to the coinmenr:cme~it l~ereof, shall be entitled to thc.

to the com~uenrement

Protection and fSei?efit of this Ordinance on their present l<ules being

hewof, on their li

riles

being confirmed and

duly confirmed and deposited as directed by this Ordinance, and

deposited.

no such Society shall bc cntitled to the benefit of this Ordinance until

their Rules shall have been so confirmed and deposited, and that 1-10

such Society shall be required to nltel. in any manner the IPules untlcr

w h i h they are now respectively governed.

Public Act.

XXVII. AND BE IT ENACTED,

that this Ordiuarlcc s h 1 1 [K cllcc.mcd

of as such by a11 Judges, Justices, and others, within tlic Province of

;md taken to be n Public: Act, and s11:tll he judicially t;l,ken noticc

Youth Australia, without being specially pleaded.

XXVIII. AND 131:

IT ENA(~TI:D,

t l u t this Ordi~lanct'

sliall corlimcuce

itlltl take efreet from and after the passing thereof.

,d./-

,"

r *

@, ,,,-,.5

=--,

4 6

Jfenrorial of tlic

--

A- name-of

-

the Chairman [or the Secretary, as

,.-

'-2

'l

'/ 4 - d%

,+).L? -

the casc may be] of the Benefit BZlding Sdciety, Pursuant to im

rc-.

__-

_ I -

"

Ordinancc Enacted by thc Governor and Legislative Council of South

"

Australia [No. 12, of 1850] to establish and regulate Benefit

Building Societies, and to provide for the management and security

of' the Funds thereof'.

A. D,

[Chairman or Secretary, as the case may be.)

07

,,.'

&

,

,

'

. '

,

/ 3

E. ]E;‘.

/I--- p-

r

1. I<.

L. M. of Adelaide, Gentleman, rnaketh Oath and saitli that

he was present and did sec the foregoing Mcoiorial signed by the

;hove i~arned Chairmm [or Secretary, as the case may be] and

'L-- r-- -

-

- -.-+

'T'rustees respectiveXY, whose nalncs appear thereto.

.---

- --

L,.

M.

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