IMAGE EVALUATION TEST TARGET (MT-3) // .vA ^ ^ ^o 1.0 1.1 S 114 *■■ £ li£ 12.0 u Wwu M IL25 HI 1.4 11^ I 1.6 Hiotographic Sciences Corporation 23 WIST MAIN STIIIT WIISTIR,N.Y. I4SS0 (71«) •72-4503 CIHM/ICMH Microfiche Series. CIHM/ICIVIH Collection de microfiches. Canadian Institute ?or Historical IMicroreproductions / Institut Canadian da microraproductions historiquas ^^^ ' — — . _™ — _ ^ — __ . . — — — — Technical and Bibliographic Notas/Notas tachniquas at bibliofiraphiquaa Tha Instituta haa attamptad to obtain tha baat original copy availabia for filming. Faaturaa of thia copy which may ba bibliographicaliy uniqua. which may altar any of tha imagaa in tha raproduction, or which may aignificantly changa tha usual mathod of filming, ara chackad balow. L'Institut a microfilm^ la meilleur exemplaire qu'il lui a AtA possible de se procurer. Les details da cat exemplaire qui sont peut-Atre uniques du point de vue blbliosrvphi^ue, qui peuvent modifier une image reproc'iuite, ou qui peuvent exiger une modification dan< la mAthoda normala de filmage sont indiquAs ci-dessous. / Colourad covars/ ^ Couv'jrtura da coulaur Coloured pages/ Pages de couleur Covars damagad/ Couvsrtura andommagte ^— Pages damaged/ Pages endommagA^s Covars rastorad and/or laminatad/ Couvartura rastaurte at/ou palliculAa —^ Pages restored and/or laminated/ Pages restaur^as et/ou peiiiculies Covar titia missing/ La titre da couvartura manque V Pages discolo'.:red. stained or foxed/ Pages d6color6es, tachet«es ou piqu6es Coloured maps/ Cartes gtographiques en couleur Pages detached/ Pages dAtachdes y Coloured Ink (i.e. other than blue or black)/ J^ Encre de couleur (i.e. autre que bleue ou noire) v/ Showthrough/ Transparence Th to Th po of fill Or ba th Sl( ot fir sl< or I I Colourad plates and/or illustrations/ D Planches et/ou illustrations an couleur Bound with other material/ ReliA avac d'autres documents Fyl Quality of print varies/ r~y| Tight binding may cause shadows or distortion D D along interior margin/ La re llure serr6e peut causer de I'ombre ou de la distortion la long da la marge intArieure Blank leaves added during restoration may appear within tha text. Whenever possible, these have been omitted from filming/ II se peut que certainas pages blanches ajouttes lors d'une restauration apparaissent dans la taxte. mais. lorsque cela Atait possible, ces pages n'ont pas 6t4 filmAes. Additional comments:/ Commentaires 8uppl6mentaires: Quality indgale de I'impression Includes supplementary material/ Comprand du material suppl^mentaire Only edition available/ Seule Edition disponible Th sh Til w» Ml dif am ba< rig ra( mt D Pages wholly or partially obscured by errata slips, tissupis, etc., have been refilmed to ensure the best possible image/ Les pages totalament ou partlellemsnt obscurcies par un feulllet d'errata, une pelure, etc.. ont M fiimies A nouveau de fapon d obtenir la meilleure image possible. This item is filmed at the reduction ratio checked below/ Ce document est fiimi au taux de reduction indiquA ci-dessous. 10X 14X 18X 22X 26X 30X / 12X 16X 20X 24X 28X 32X Th« copy filmed h«r« hat b—n r«produc«d thanks to tha ganaroaity of: Stminary of Qutbtc Library L'axamplaira film* fut raproduit grica i la gAnirosltA da: S4minaira dt QuAlMc BibliothAqiM Tha imagas appearing hara ara tha baat quality potsibia considaring tha condition and laglbillty of tha original copy and in kaaping with tha filming contract •pacifications. Original copies in printed paper covers are filmed beginning with the front cover and ending on the last page with a printed or illustrated impres* sion. or the back cover when appropriate. All other original copies are filmed beginning on the first page with a printed or illustrated impres- sion, and ending on the last page with a printed or illustrated impression. The last recorded frame on each microfiche shall contain the symbol —»•( meaning "CON- TINUED"), or the symbol V (meaning "END"), whichever applies. Les Imagea suivantas ont 4t4 reproduites svec le plus grand soin. compta tenu de la condition ot de la nattetA de rexemplaire filma. et en confo^mit* avac les conditions du contrat de filma;,e. Les exemploires originaux dont la cojverture en pepier est imprimie sont filmis en commen^ant par la premier plat et en terminant soit par la derni4re page qui comporte une empreinte d'impression ou d'lllustration. soit par le second plat, salon iecas. Tous las autres exemplaires originaux sont filmAs en commen^ant par la premiere page qui comporte une empreinte d'imprassion ou d'lllustration at en terminant par la darniire page qui comporte une telle empreinte. Un dee symboles suivsnts appanftra sur la darnlAre Image de cheque microfiche, selon le cas: le symbole — »> signifle "A SUIVRE". le symbols V signifie "FIN". Maps, plates, charts, etc.. may be filmed at different reduction ratios. Those too large to be entirely included in one exposure are filmed beginning in the upper left hand corner, left to right and top to bottom, aa many frames aa required. The following diagrams illustrate the method: Les cartes, planches, tableaux, etc., peuvent itre fiimia A das taux de reduction diffirents. Lorsque le document est trop grand pour Atre reproduit en un seul clich*. il est film* A partir da I'angle supArieur gauche, de gauche h droite. et de haut an baa, en prenant le nombre d'Images n^cessaira. Les diagrammes suivants illuatrant la mithode. 12 3 32X 1 2 3 4 5 6 i g iC7n^ ^^rut ^^^, n ^ ^// R U Ii E S OF THE »i¥ii/aiii¥M ©S 53 Si? a If ssiassp® stiii^fH 9 AND Sa^ditiflr Sfvcm, HALIFAX, N. S. ALEX. J. KITCIIIE, PRINTER. 1850. K K' ii » INDEX. RULE- PAGE. 1. Name and Objects of the Society, .... 3 2. Shares, Subscriptions, Mode and Time of Payment, &c. • 3 3. Mode of obtaining an Advance of Money, • • 5 4. Admitting Shareholders after commencement, . -7 5. Security for Money advanced, - - - . 7 6. Power to Sell, Exchange or Redeem Property in Mortgage, 9 7. Insurance of Premises, - - . . - 10 8. Register of Shareholders, - • - . -12 9. Joint Ownership of Shares, - - - - 12 10. Minors becoming Members, - - - - 12 11. Tronsfer of Shares, - - - - - 13 12. Shareholders withdrawing, - • - - 13 13. Shareholders becoming Lunatic or Insane, • - 14 14. Death of Shareholders, - - - . - 14 15. Contingent Fund, --.... 15 16. Payment of Fines, Arrears, Interruptions at Meetings, • 16 17. Mode of Voting, - - - - . - 17 18. Disposal of Surplus Funds, - . - . - 17 19. Trustees, -----.- 18 20. Directors, ------- 21 21. President and Vice President, - - - - 23 22. Bankers, ------- 25 23. Solicitor, --»,--- 25 24. Surveyor, - - - • . - 26 25. Secretary and Treasurer, - - - - - 27 26. Security by Olficers, - - - . - 28 27. Auditors, .----.. 28 28. Change of Officers, - - - - - 29 29. Reference of Disputes to Arbitration, . , . o;. 30. Arrears at the close of the Society, - . - 30 31. Termination of the Society, - - - -30 32. New Rules and Alteration of Rules, - - - 30 33. Construction of the Rules, - - - - 31 34. Members to be bound by these Rules, - - - 31 Schedule of Forms, - - - - - 32 Explanation of Tables, - - - - -35 Tables for Advances, - - - - - 37 Discount Table for Subscriptions paid in Advance, - 41 OFFICERS OF THE SOCIETY. Trustee^} (With a Seat at the Board.) HONORABLE J. W. JOHNSTON, W. J. ALMON, M. D. ? r,„„„. ^« S. SELDEN, I Esquires. Directors. R. NOBLE, J. TEMPEST, J. P. MOTT, C. ROBSON, H. G. HILL, Esquires. Bankers* THE HALIFAX BANKING COMPANY. Solicitor. J AS. W. JOHNSTON, Junr., Esquire. Surveyor. JMr. PETER GRANT. fi Secretary and Treasurer. Mr. JOHN .BURTON. RULES, Kc. i I Formation and objects of the Society. This Society shall be denominated " The Nova Scotia Benefit Building Society and Savings' Fund." That the general monthly meeting be held at Teuipmuuce Hall, or such other place in the City of Halifax, aa the Board of Directors may from time to time ap- point , and the monthly subscription meetings at the oifice of the Treasurer for the time being. The first objects of this Society shall be to form a General Fund — by the payments of its Shareholders, from which Fund money shall be advanced to the members who desire it ; and such members shall be entitled to receive an advance out of the funds of the So- ciety on every share, and so in proportion for every part of a share he may subscribe for aflcr the rate stated in the Tables, column C ; the re-payments required by these Rules to be secured to the Society by a mortgage of freehold or leasehold property. The second object shall be to establish a safe and profitable Savings' and Inveutiuent Fund for large or tfuall sums of money. n. Shares, Subscriptions, Mode and Time of Payment^ &c. The shares shall be One Hundred and Twenty Pounds each, and the subscription Twelve Shillings per share per month, which may at the option ot the members be paid either monthly, quarterly, half- yearly, or yearly. Members may pay in advance any share or shares for the whole period of the Society's duration, or a portion of it, after the rates stated in the Tables, column C, such shares to be denomi- nated " Paid up Shares.'* 7/ ■ An indcnnitc number of shares may bo issued, and tho Board shall liavo power to limit tho number of shares to bo liold by any one member, and also may within one montii after any person has become a subscriber, decline to admit such person as a Sharcholilcr, and in tliat event shall return any monies ho may have paid to tho Society. For every share taken in this Society on or before the first monthly meeting, the sum of five shillings per share shall bo paid as entrance monoy, and a like proportion for part of a share ; after that periou the Board sliall have power to increase the amount of the entrance fee, which shall be paid at the time of tlie application fur shares. The monthly subscriptions shall become due on tiie first Monday in every month, and tho first subscription shall be duo on the firs*, Monday in August, 1850- Every Shareholder shall, at the first monthly subscription meeting, commence paying his subscription money, or sum of twelve shillings, for each and every share he may hold, and shall afterwards continue paying the said subscription money of twelve shillings per share per month, with all fines that may become due from him, until tlie objects of the Society shall be fully accomplished, such payments shall be made at the office of the Treasurer and Secretary on the said first Monday in every month, between the hours ot 10 o'clock, a.m., and 8 o'clock, p.m., or at such other time and place as may be appointed by the Board. Every Shareholder neglecting to pay his subscriptions at the time appointed shall be fined for each share as follows : Sixpence each for the first and second months respectively ; One Shilling each for the third and fourth montlis respectively ; and Two SJiillings each for every subsequent month. No money shall be taken after the expiration of the hour above named, without the fines for non-payment. Every Shareholder shall be charged the sum of Two Shillings per annum as long as he shall continue a member of the Society for each and every share held by him, for office and other contingent expenses, which sum shall be due and payable on the first Monday in August of each and every year. The Directors can, if they see fit, allow a discount at the rate of 5 per cent, per annum according to Table No. 2, on monthly sub- scriptions paid in advance, for a period of not less than six montlis or more than one year. > I Tlic Propriolon of" Paiil-up Shares," bhall pay five por cent, on Iho prutits of the shares held by thciii, in lieu of tho annual fee fur continffcnt expenses. Any SImreholder (not havhifj received un advance) continuing to ne^rlect the payment of his monthly subscrip- tion until the Hues incurred thereby shall equal all the nmnitb ac- tually paid by him, shall thercu|)on cease to be a Shareholder, and forfeit all his interest in tho Society. All receipts for subscriptions paid to the Society shall boar tho Hignatiiro or initials of a Director, and tho Secretary and Treasurer, and shall be given on the Shareholder's receipt book, which must bo produced on every payment, provided that in case of tho non- attendance of a Director, the Director elected pro tcni in accord- ance with the provision of Rule "20, shall sign the Receipt Book with his own name in full, and shall minute under such signature •' Director pro tem." At every monthly subscription meeting tho Bank Book, and the other Books of Account, shall be exhibited, and the same shall, on proper application being made to the President, bo open for the inspection of Shnroholders at all reasonable times. Shareholders shall r(;ceive a certificate of their shares, signed by at least three Directors, and countersigned by the Secretary and Trea- surer, which certificate must bo produced on the transfer or with- drawal of any share. The certificate must alsobepioduccdat the ter- .nination of tho Society, to entitle those Shareholders who have had an advance of money to receive their Title Deeds ; and those who have not had an advance of money, to receive the sum of One Hun- dred and Twenty Pounds for every unudvanced share. If any such certificate should be lost, the Board may issue a duplicate thereof, on the Shareholder deposing before a Justice of the Peace that tho said certificate had been lost, and paying for every such duplicate the sura of Two Shillings and Sixpence, — the said uuplicate shall ex- pressly state that it is given in the place of the certificate lost. III. Mode of obtaining an advance of Money. The Money to be advanced by this Society shall, at each General Monthly Meeting of the Society, be put up to competition in one sum by the Secretary, or such other person as the President, or in his r absence, the Vice President or Director presiding at such meeting shall depute ; which sale shall commence at 8 o'clock in the even- ing on each occasion ; and the Shareholder who shall at such sale bid the highest premium per cent, tlierefore, shall be entitled to have the whole or such part of the said money as he shall re- ney than can him, he shall Veasurer the in proportion )e advanced, lich said sum ir decline to anal share or fity therefor, ess than one shall, within five security 5 by Share- ation previ- 1 Evening of IV. Admitting Shareholders after commencemeni. Any person entering this Society after the first month, or already being a Shareholder tlierein, and taking up or subscribing for an additional number of shares, shall pay the full amount of his sub- scription for such shares from the commencement of the Society to tlie period when such person shall become a Shareholder, or already being a Shareholder, to the period when such Shareholder shall sub- scribe for additional shares, together with such further sum as pre- mium, as tlie Board may deem reasonable, either in one payment or in such instalments as they shall direct. When tlie Board shall have determined the amount of such instal- ments, the same shall be paid with, and in addition to, the monthly subscriptions, which shall thence forward become payable in respect of each new share, according to Rule 2 ; and should such person neglect or fail in tlie payment of the instalments, ho shall be liable not only to the payment of the fines imposed for the non-payment of subscriptions, but also shall bo liable to the payment of fines for tlie non-payment of such instnlments, which shall be in the same ratio as such instalments shall bear to the monthly subscriptions payable upon an original share. V. Security for money advanced. When an advance simll have been awarded to any Shareholder, he shall within forty-eight hours after, give notice of the nature and situation of the premises intended to be offered for the security thereof to the Secretary, who shall forthwith transmit the same to the Surveyor when directed by tlie Board so to do ; and the Surveyor shall, within seven days after the receipt thereof, examine the pre- mises mentioned in such notice, and make a report thereon : and when the Boprd shall be satisfied that the premises so offered as aforesaid, are a sufiicient security to the Society, and that a good title can be made thereto, they shall direct the Trustees to pay such Shareholder the sum or sums of money which shall have been a- warded to him, on such member executing and registering such a mortc 3ge as the Solicitor of the Society shall require. ii 8 ff, previous to any Monlhly^Meeting, a Shareholder shall^bo de- sirous of ascertaining the amount which the Board would be willing to advance on certain premises, or if any Shareholder who shall have obtained an advance of money on his sharea on security of property, at a future period of the Society, shall be desirous of ob- taining a further advance of money on subscribing for,[additional shares, upon giving security by way of further charge (upon the same terms, covenants and conditions) on the property already mortgaged, notice thereof shall be given, and an examination and a report thereon shall be made as before mentioned ; and the Board shall communi- cate to such Shareholder the amount they will deem proper to ad- vance on such premises, the applicant first paying tlie costs of such examination and report. Whenever any property mortgaged to the Society shall be subject to any ground rent, tlie Shareliolder to whom the property shall be- long shall furnish the Secretary with a statement, containing the amount of the rent, the name and address of the person or per- sons to whom, and the day or respective days on which the same shall become due and payable ; and shall from time to time produce to the Secretary an acknowledgement or a voucher for the payment thereof, seven days before the period prescribed for such payment shall have elapsed, or in default of so doing, shall pay a fine of five shillings to the Society ; and in case the rent shall not be duly paid, the Board shall direct the amount thereof to be advanced out of the contingent fund to the Secretary, who shall pay the same according- ly. Should such Shareholder neglect to furnish such statement, or to produce such acknowledgement or voucher, or at the next monthly meeting which shall succeed any such advance, to repay tho same, he shall, for each such default, pay a fine of ten shillings. When any Shareholder shall be desirous of building, he sliall be entitled to receive portions of the amount awarded to him at the sale of money as the building progresses, on executing a mortgage thereof, in manner before mentioned^ and the residue when the premises shall be finished, subject nevertheless to the same inspection and approval as premise? already built. Should any Shareholder, after receiving any portion of his share or shares, leave unfinished the buildings upon wliich the same shall have been advanced, the Board, having first given twenty-one daytaf 9 r shall^bo dc- )uld be willing der who shall on security of lesirous of ob- for.[additional upon the same iy mortgaged, report thereon lall communi- proper to ad- costs of such fiall be subject erty shall be- oiitaining the >erson or per- ich the same time produce the payment luch payment a fine of five be duly paid, Jd out of the le according- atement, or to lext monthly iy the same, , lie shall be tn at the sale ?age thereof, remises shall and approval of his share '' same shall ty-one daya notice to the Shareholder of such their intention, shall be at liberty either to sell such premieef • to employ any person or persons to finish and complete the sai ,, at the cost and charge of the Share- holder, and to direct the Trustees to advance and pay the sum or suras of money requisite for such purposes ; and the money so ex- pended shall be repaid by such Shareholder so making default, and until paid, shall be a charge upon the said premises, with interest at twelve per cent, per annum, and subject to fines, as if tlie amount were subscriptions in arrear. All mortgages to the Society shall be in such form as the Solicitor shall advise, subject only to such alterations in special cases as tlie Board may from time to time direct. VI. Power to sell; exchange, or redeem Property in Mortgage. If any member of this Society, having received an advance of money upon any shares, and secured the re-payment thereof upon mortgage of premises, shall sell such premises, it shall be lawful for the purchaser to take the same, by the consent of the Board, charge- able with the debt to the Society; and the purchaser shall thence- forth become answerable to the Society for the payment of the sub- scriptions and other charges as the same shall become payable ; and the Trustees, after due enquiry, at the request and cost of such member, shall release him from all further liability in respect of such shares. If any member shall be desirous of having his property discharged from such debt, it shall be lawful for the holder of such shares, or so much thereof as shall be then unpaid, to transfer the same to some other premises of adequate value, either belonging to himself or to any other party willing to take the transfer of the shares so ad- vanced, and to give security for the same, to be approved of by the Board ; and upon having such shares, or so much as shall be then due in respect thereof, secured on the premises, to the satisfaction of the Board, the Trustees for the time being shall, at tlie cost of the member, release and convey the premises for which other premises shall be substituted, and make such endorsement as hereafter men- tioned ; and in the first mentioned event shall also (but at the cost of 2 10 such member) release him, if they sec no objection, from all future liability in respect of the monies hereafter payable upon the shares purchased from the said Society, and secured upon the premises sold as before mentioned : and under this rule the Trustees shall be em- powered (by direction of the Board) at any period of the Society, to release any portion of the property so mortgaged, on being satisfied, in manner before mentioned, that the remaining portion of the pro- perty is of sufficient value to secure the Society. If any member of this Society, who shall have received his shares, or any portion of them, shall bo desirous of paying and satisfying the Security or Securities which shall have been given for the same, he shall be at liberty so to do, by pre-payment to the Directors of the subscriptions that would tlienceforth become due on the shares ad- vanced on such property, up to the end of the seventh month, in the twelfth year of the Society, and shall be allowed on such payments discount, at the discretion of the Board ; but the Board may, if ex- pedient, settle any other terms according to the particular circum- stances of the case ; and in compliance with such terms, and in pay- ment of all monies due from such member, the Board shall direct the Trustees to deliver to him or his nominee, all Deeds and other docu- ments in their custody relating to the security, and endorse a dis- charge of such mortgage on the same, according to the 12th Vict. Chapter 42, Section 23. In every case where the Board may deem it necessary they shall obtain the assigtance of the Society's Sur- veyor and Solicitor, at the cost of the member who may be desirous of selling, exchanging, or redeeming his property. The I'ee of transferring a right to an advance of shares, shall aliko apply to the selling, exchanging, or redeeming property. VII. Insurance of Premises', The Secretary shall, at the oiscretion of the Directors for the time being, insure from loss by Fire, according to the instructions furnished him by tlie Solicitor, in the name of one of the Trustees, and in such other names as may be required by the Deeds relating to such property, in some one of the public Insurance Offices, all premises mortgaged to the Society, and continue such insurance 11 all future the shares emises sold hall be em- Society, to ig satisfied, of the pro- his shares, Ltisfyingthe le same, he :tors of the shares ad- onth, in the h payments may, if ex- ilar circum- and inpay- 11 direct the other docu- lorse a dis- ! 12th Vict. I may deem ciety's Sur- bp desirous The ^.^e of pply to the tors for the instructions le Trustees, ids relating Offices, all 1 insurance from time to time for such an amount as tlie Directors may deem necessary and proper ; and the Secretary shall pay for such insur- ance out of the Society's funds, but the money so expended shall be refunded to the Society by tlie member by whom the said premises shall have been so mortgaged or secured, at the next monthly day of payment ; and in case of the non-payment of the money so expended, he shall be liable to the same fines as would be payable on subscrip- tions in arrcar for a similar amount. The mortgagor may direct the insurance to be effected in any Insurance Office, subject to the approval of the Board, or to the stipulations in the Deeds. Each Shareholder who shall have received an advance, and se- cured the re-payment tliereof upon his premises, shall be required within two days to give a written statement to the Secretary of any thing which would in any way affect the validity of the Policy of Insurance ; and the party neglecting to give such notice shall pay a fine of not more than Two Shillings nor less than One Shilling per week tor each share so secured, (such amount of fine to be deter- mined by the Board ;) and the Board shall at least once in every year, or so oflen as tliey may deem it requisite, appoint one or more of their number to obtain all the information they can with respect to such premis3s, who shall report to the Board accordingly ; and the Shareholder shall permit the Director or Directors so appointed, to inspect the mortgaged premises, and reimburse him or them all reasonable expenses. Should any member in any way hinder or prevent the Directoi's, or their agent, from surveying such property, or from giving infor- mation with respect thereto, or neglect or refuse to give sufficient authority, power, information and assistance in that behalf, the Directors shall be at liberty to foreclose the mortgage or inflict such fine upon the member as they may think proper. Whenever any Property mortgaged to the Society shall sustain damage by fire, the Trustees for the time being shall receive the amount payable in respect of the damage so sustained from the Insurance Office in which such property shall have been insured, and shall give a receipt for the same, which receipt shall be a sufficient discharge to the person or persons liable by virtue of any Policies of Insurance to pay such money; or tlio Trustees may, in 12 their discretion, enter into an arrangement wuh any such Insurance Company for the restoration of the property in lieu of the receipt of the sum so insured. The money so to be received as last mentioned, shall, if advisable, be applied, so far as the same shall extend, in repairing the damage 80 sustained, or the money shall be applied in payment and satisfac- tion of the monies mentioned to be secured by the mortgage Deed, and the surplus (if any) be paid to the mortgagor. VIII. Register of Shareholders. The Secretary shall keep a Register, in which he shall enter the Christian and Surname, the profession, trade, or business, and place of abode of each member of the Society, with the shares they hold, their number, and when taken up, and the particulars of any transfer thereof; and as often as any Shareholder shall change his place of abode, he shall, within one month thereafter, give notice thereof in writing to the Secretary, who shall make an entry in the Register accordingly, and in case of neglect of Shareholder to give such notice he shall be fined One Shilling. IX. Joint Owners of Shares. If any two or more persons shall take or become the holders of any shares in this Society, in their joint names, the joint owners of shares shall, in matters connected with this Society, be reckoned as one member only, and the owner whose name has priority on the Register shall alone be recognized in, and have power to act in the Society. X. Minors becoming Members. Minors may become Shareholders in this Society, and shall be empowered to execute all instruments, give all necessary acquittan- ces, and enjoy all privileges, and be liable to all responsibilities appertaining to Shareholders of mature age, notwithstanding the 1 13 Insurance receipt of advisable, le damage id satisfac- age Deed, enter the and place they hold, ny transfer s place of thereof in Register give such holders of owners of 3ckoned as ity on the I act in the I shall be acquittan- >nsibilities nding the minor's incapacity or disability in law to act for, or bind iiimst'lf ^ and his representative in matters unconnected with this Society ; provided always that such minor shall be admitted into this Society % by or with the consent of his parent, master, or guardian, such con- sent to be testified in writing, and to be in such form as the Solici- tor of the Society shall advise ; and provided also that no minor shall be admitted a member without the special order of the Board for that purpose. ■ ^^- i Transfer of Shares. I Any Sliareholder, on giving previous notice in writing, according to form B to the Secretary, shall be at liberty to sell or transfer his shares to any member or other person to be approved of by the Board, on payment of all fines and liabilities then due to che Society in respect of snch shares, with all other engagements, and a fee of two shillings and six pence per share to the Society. ! XII. Shareholders Withdrawing. : Any Shareholder who shall be desirous of withdrawing any shares on which he has not received an advance, shall be allowed to do so ■i. after the first year, on giving at any subscription meeting one month's notice in writing, according to form D, of his intention, and shall receive in respect of each share, the sum stated in the table column A; I and each share so withdrawn shall be charged with, and bear a pro- portionate part of any loss that may have accrued previous to such withdrawal, and the amount of such loss shall be deducted from the amount payable on such share withdrawn as aforesaid. If more than one Shareholder shall give notice to withdraw at one time, they shall be paid in rotation, such number of shares as the Board may determine, according to the priority of notice ; but wi- dows and children of deceased members shall always have priority. I Shareholders withdrawing shall pay a cancelling fee of two shillings and six pence per share to the contingent fund. In case of the withdrawal of shares all fines and fees incurred previously to any such withdrawal, shall be deducted from the amount which tlie Shareholder would be entitled to receive. u i ' Xlll. SlmreholdcTH becoming Lunatic or Insane. In the event of any Shareholder becoming Lunatic or of unsound inind, no fines shall, during such lunacy or unsoundness of mind, be payable or accruable for arrears of subscription or otherwise, on any share or shares he may hold ; but a Committee or Guardian of such afflicted member, legally appointed, shall be entitled to withdraw the amount payable to such Shareholder, according to Rule 12 ; but in case there should be no such Committee or Guardian, then tlie party nearest in relation to, or having charge of, such afflicted Shareholder, shall, if the Board shall think fit, be entitled, after such person shall have given to the Board six months notice, and satisfactory evidence of the lunacy of the Shareholder, but not previously, to receive the amount due to such Shareholder, with interest thereon, deducting in any case, such fines as may have been incurred by him previously to the time of Jiis becoming lunatic or of unsound mind ; subject however, to any and every condition the Board, for the security of the Society, may think proper to require from tlie party applying for the withdrawal of such amount. XIV. Death of Shareholders. In case of a Shareholder dying, no right or benefit, or survivor- ship, shall be had or claimed by the surviving Shareholders, (except as hereinafter provided) ; but the share or shares, and interest of such deceased Shareholder, shall go and belong to his Executors or Administrators, who shall have and take as much benefit and ad- vantage by, from and under these Rules, as the deceased Share- holder ought to have had, or could or might have had, in case he had been living; and such Executors or Administrators shall be subject or liable to tlie payment of all subscriptions, fines, for- feitures, and other monies imposed or made payable, and by and to the observance and performance of these Rules in all other respects as the deceased Shareholder ought to have been, or could or might have been subject or liable to, in case he had been living; and may vote and act in all cases whatsoever as fully as the deceased Shareholder whom they represent, might have done if living. 15 of unsound of mind, be ivisc, on any lian of such withdraw the B 12; but in en tlie party Shareholder, person shall ory evidence > receive the deducting in previously to ind ; subject ecurity of the lying for the , or survwor- Iders, (except d interest of Executors or nefit and ad- jased Share- I, in case he tors shall be s, fines, for- id by and to ther respects uld or might living; and he deceased ne if living. Nevertheless, one Executor or Administrator only shall vote, and if two or more claim to vote, preference shall be given to the one whose name has priority in the Probate or Letters of Administration, and shall, if the Board think fit, be registered as the person alone entitled to the shares of the deceased Shareholder. Provided if no Probate of Will or Letters of Administration be produced to the Board at any monthly meeting within twelve months after the decease of the Shareholder, then the Board shall be at liberty at or after the expiration of that term, to allow the shares and inter- est of such deceased Shareholder to go and belong to his widow or children, or next of kin, as the Board shall think fit ; and the Board may pay or distribute the subscriptions paid in by the said Share- holder to his widow and children, or next of kin, as they, the Board, shall decide, with profit thereon, according to Rule 12, unless such parlies shall wish to continue subscribers, in conformity with these Rules, subject in any case to every condition the Board, for the secu- rity of the Society, may think proper to require from the persons so takinjr the shares and mterests of the deceased Shareholder. But if no legal representative shall claim a right to the shares and interest of such deceased Shareholder within one year from the date of his last payment ; and the Board cannot, after inquiry, and the insertion of an advertisement in a Newspaper, circulated in the County wherein sucli Shareholder resided, ascertain that there is any person legally or beneficially entitled to receive the same, they shall have power to order that such shares, interests and benefits, are fforfeited, and shall thenceforth become the property of the Society : Provided always, that the Board shall have power to pay sooner than twelve months if they think fit so to do. XV. Contingent Fund. A Fund to be called the Contingent Fund shall be formed of the entrance, annual, and other fees, all fines imposed, and the prcmiuma given for money, out of which alone shall be paid the salary of tlie Secretary and Treasurer, and the expenses of working the Society, and all other incidental expenses of whatever nature. 4 16 If, upon investigation ut tlio annual meeting oi' the Society, it shall be found that there is a surplus in the Contingent Fund over and above what is required for tho working of the said Society, and for the payment and discharge of all its debts and liabilities, it shall l)c lawful for tho Directors, after leaving such sum in the Fund as tlicy shall deem necessary as a ' rest,' to pay the balance into the (icneral Fund to the credit of ilie Contingent Fund, or to apply it to such other purposes as they shall deem best for the interests of the Society, provided that it shall be lawful for the Directors at any subsequent period of tho Society's duration, to draw upon the whole or any part of the sum or sums so paid into the General Fund or otherwise disposed of as aforesaid, should tho current receipts and the amount in the Contingent Fund at any time diminish so that the said fund should be unable to bear the sums chargeable against it. XVI. Payment of Fines— Arrears— Interruptions at Meetings* All fines incurred by a Shareholder shall be payable with his next monthly subscription; and all payments which shall become due from any Shareholder, where the mode and time of payment are not hereinbefore prescribed, shall be made in one payment, at the next subscription meeting, unless the Board shall consent that the same be received by instalments. If any member be in arrear in respect to his subscription or fines, or other monies due to the Society, for more than one monthly meeting, every payment afterwards made by such member, if not sufficient to discharge the whole thereof, shall be applied first to the liquidation of what shall be owing for the first month, and then in the discharge of the arrears of every succeeding month. The Board shall fix the amount of fines for omitting pay- ment of monies dne to the Society, for which no provision may have been previously made. If any Shareholder shall during the time of business, in the opi- nion of a majority of the mi. Tibers present at the meeting, miscon- duct himself or interrupt the business of the meeting, he shall, on the request of any Shareholder, be ordered by the President or other pre- siding Ofiicer to leave such meeting ; and should he neglect or refuse so to do, for the space of ten minutes, he shall pay a fine not cx- t } I Society, it Fund over ciety, and ics, it shall e Fund as :e into the to apply it rests of the ors at any 1 the whole al Fund or eceipts and 1 so that the 3 against it. setings* ^ith his next )ecome duo nent are not at the next It the same r in respect Society, for ds made by lereof, shall for the first succeeding nitting pay- tn may have in the opi- ng, miscon- hall, on the r other pre- set or refuse ine not ex- I 17 ceeding tvrenty shillings— the amount of such fine to be fixed by the President or presiding Officer at such meeting. Should a Shareholder so misconduct himself, or commit any act as in the opinion of the Board may warrant his expulsion from the Society, the Secretary shall give him one month's notice to sell or withdraw his shares; and in default of his so doing, he shall, at the expiration of the montli, stand expelled, and be entitled to receive on his shares the sum then payable, according to the Tables Column A, and shall at and after the expiration of the said month, be no longer considered a Shareholder. XVII. Mode of Voting. The Trustees, Directors and Officers shall be elected, and all questions decided, by a majority of votes of the Shareholders, to be taken by ballot if demanded. That the Shareholder shall bo enti- tled to vote upon the following scole, namely — one share one vote, three shares two votes, and one vote for every two shares above three : provided that no Shareholder shall vote by proxy, or be enti- tled to more than five votes. The President of the meeting may vote, and in case of an equality of votes, he shall also have the cast- ing vote. Females and Minors may vote through the medium of their Trustee or Guardian, as registered in the Society's Books. No member of the Society shall vote on a question which immediately relates to or aflects his individual interest XVIIT. Disposal of Surplus Funds. Whenever there shall be no demand for the Funds of the Society, and there shall be to the credit of the Society at the Banker's a sum equal to the average amount of two month's subscriptions, the Board shall appoint a ballot to take place among all the shares then unadvanced ; and the person or persons whom the ballot shall de- termine as the person or persons liable to take such share or shares, shall take the same according to the Tables, column C, but in no case shall any member be compelled to take at one time, when V ■ shares are ballotted for, more than one half of a share in respect of each share held by him, upon which such ballot shall have fallen. And whenever any Shareholder shall neglect or refuse to give security by mortgage for each half share, which ho shall be liable to take, in pursuance of the ballot, he shall withdraw each such half share, pursuant to the Tables, column A, or he may pay a fine of Ten Shillings on each said half share. Any Shareholder having taken a half of a share in pursuance of the ballot, or having with- drawn thu same, or having paid the said fine of Ten Shillings, shall not again be liable to the ballot for or in respect of such share, until every other share, liable as aforesaid, shall have been ballotted for. Previous to such ballot taking place, a notice thereof shall be given at the monthly meeting next preceding the one at which it is intended that such ballot shall take place. The ballot shall have application to each share unadvanced, and not to individuals. Any Shareholder upon whom the ballot falls shall, in the rotation of such ballot, have the privilege of taking the whole or any part of the funds so ballotted for, which may then be at the Banker's, aa an advance, pursuant to the Tables, column C, provided he gives notice to the Secretary of his intention to do so within fourteen days next afler such ballot. If the Board shall not deem it expedient to adopt the plan herein- before set out for the application of the accumulated funds, they are further empowered to lay out and invest the same in the names of the Trustees for the time being of tliis Society, in such lawful man- ner as the said Board may deem most beneficial to the Society ; and the said Trustees shall hold and stand possessed of the said funds or the investment thereof, subject to, and to be disposed of, from time to time, according to the order of the said Board, who are hereby r-npowered to make such order from time to time for varying the investment of the said funds or calling in the same and disposing thereof in such lawful manner as they shall deem most conducive to the interest of the Society. XIX, Trustees. Thitthe Hon. James W. Johnston, and Dr. William J. Almon, of the City of Halifax, and Mr. Stephen Selden, of Dartmouth, 19 I respect of vo fallen, use to give be linblo to I such half ly a fine of Idcr having aving with- Uings, shall share, until illottcd for. ;of shall be I which it is vanccd, and the rotation any part of iker's, as an gives notice n days next plan herein- ids, they are le names of lawful man- lociety; and laid funds or f, from time I are hereby varying the id disposing conducive to ^^ 1 n J. Almon, Dartmouth, I shall be, and they arc hereby appointed Triutem of thia Society, subject to these Rules. The /' ids and Property of this Society shull be vested in the Trustees lor the time boinjr, subject lo the«e Rulea. All Deeds, Writings, and Securities tu and from the Socf'^'y, shall be made and taken in the names of the Trustees fi , 'ho tim being, for the use and benefit of the Society, and on receipt then ^ shall bo lodged in a box and deposited in the custody uf the Bankers ut '"^ Society, and Schedules of the Deeds and Documents from time to time deposited therein, shall be kept, ono by tlie Trusteet^ '"' "ano- ther by ill? S'cretary. Ti ' Tir^t shall, cx-oiRcio, be Directors, and entitled to te at thi.. Boa/d, Unless objected to by a majority of Directors present (not 1 . i ;g Trustees), but in no case shall tlicy vote when their own conduct is the subject of iuvestigntion. The Trustees for the time being shall make all payments on behu. C of tin.' Society by checks upon the Bankers, to be signed by at least one Trustee, being first signed by one Director, and countersigned by the Secretary and Treasurer. Previous to a Bank check being signed, an order from the Board shall bo produced, signed by the President of the Meeting, at which the same shall be made, also t ' another Director and the Secretary. Upon the Signature of a Trustee or Trustees being requested to a check, the Surveyor's Report and Solicitor's Certificate of Title, shall be exhibited if required. In case it shall be necessary or expedient to bring, prosecute, or defend, any action, suit, or prosecution, criminal or civil, at Law or Equity, touching or concerning the Property or Assets, or any right or claim of this Society, for the breach or non-performance of any of its rules, matters or things herein contained, or otherwise howso- ever, the same shall be brought, prosecuted or defended, in the name of the Trustees for the time being, who shall be indemnified from and against all losses or damages sustained thereby ; but no such pro- ceed. which is the value at that period, of every share for which he may then begin to subscribe. V. if a Member wish to pay vp the subscriptions for any num- ber of shares, or parts of a share, in one sum, it Mill, according to 36 K>-i column C of the Tables, cost hira, per ehare, at the commencement of the firat year £60, at the commencement of the second year £63 14s 0(1. and so on. VI. Whenever such Member, i. c. a holder of & paid up share, may wish to withdraw, he will find in the same column, (C) opposite the date of his withdnwal, the amount to which he is entitled ; thus he might, at the beginning of the second year, withdraw £63 14s. Od. and so on, the value increasing month by month. VII. Suppose a Member subscribes to the end of the fourth year, and then desires to pay up his share, what amount could the Society demand in lieu of his future subscriptions ? Answer, — £44 2s. 9d. (the amount the Society could advance on his future subscriptions,) which sum would make his a paid up share, and enti- tle him to £120 at the termination, or if he wished to withdraw at an earlier period, he would be entitled to the amount which stands in column C, opposite the date of his withdrawal. VIII. Suppose a Member desires to redeem a property he has mortgaged to the Society, what should the Society demand ? The same amount which, according to the Tables, the Society could advancet on subscriptions for the same period. Ic 2< 87 Advances First, Second and Third Years. DATE. J St Month. 2 3 4 5 let Year. \ 6 7 8 U 10 11 12 u u (( (( (i (C (( (( On Jiccount of past Subscriptions A 8. \ d. 01 121 0; 4 11 IG 3; 8 5 8, 12 11 5 4 17 9 10 3 2 9 15 5> On Jiccount of future Subscriptions B £ 60 59 59 59 58 58 58 57 57 57 56 56 8. 14 7 1 15 9 3 17 11 4 18 12 d. 11 10 9 7 6 3 1 10 7 3 TOTAL. -C- 1st Month. 2 " 2d Year. - 3 4 5 6 7 8 9 10 11 112 it u « « (( (( a u u u 3d Year. • 1st Month. 2 3 4 5 6 7 8 9 10 11 112 (( K l( (( U (C u (( u £ 60 60 60 60 61 61 61 62 62 62 63 63 6 12 18 4 10 16 2 8 15 1 7 £ 8, d. £ 8. d. £ 8. 7 8 1 56 5 11 63 14 8 10 55 19 6 64 8 13 8 55 13 1 64 6 9 6 6 55 6 8 64 13 9 19 5 55 ^i 64 19 10 12 5 54 13 9 65 6 11 5 6 54 7 i 65 12 11 18 7 54 8, 65 19 12 n 10 53 14 ^i 66 5 13 5 1 53 7 4' 66 12 13 18 5 53 81 66 19 14 11 9, 52 14 Oi 67 5 d. 1 2 3 5 7 10 1 4 8 d. 4 9 2 8 2 8 3 10 5 1 9 £ 8. d. £ 8, d. £ 8. 15 5 3 52 7 3 67 12 15 18 9 52 6: 67 19 16 12 4 51 13 9! 68 6 17 6 51 6 11 68 12 17 19 9 51 68 19 18 13 7 50 13 1 69 6 19 7 5 50 6 21 69 13 20 1 4 49 19 3i 70 20 15 4 49 12 3 70 7 9\ 9 5 49 5 2: 70 14 22 3 7 48 18 li 71 1 22 17 10 48 10 11 71 8 d. 6 3 1 11 9 8 7 7 7 7 8 9 38 Advaiiceat Fourth, Fifth uud Sixth Ifeurs* iViTL". 1st Month. 2 4th Year. < 3 4 5 7 8 y 10 11 12 (( (( <. (; (I (( On Account of past Subscriptions A d. 1 5 10 4 11 1. 4 Ji O: n 111 i' £ s. ^23 12 24 ^^i 47 2 3! 4(i 14 Hi 4(! 7 7; 4() 2: 45 12 10 45 5 4 44 17 11 44 10 5 44 o D TOTAL. £ 71 7^ 72 72 73 73 73 74 74 75 75 C S. I (/. 15 11 3 1 10 17 4 12 VJ () 14 1 !) Iti ")th Year. Ist Month. 2 ;( 3 (( 4 (f 5 u () u 7 i( 8 a {) a 10 a 11 ii 12 u 1st Month £ s. d. £ s. £ s. 32 9 3 43 15 7G 4 33 4 (j! 43 7 7, 7G 12 33 19 10 42 19 11' 7G 19 : 34 15 2 42 12 4 77 7 35 10 8 42 4 7 77 15! 30 G 3 41 IG 9 78 '^, 37 1 10 41 9 78 lo! 37 17 7 41 1 1 78 18 38 13 4 40 13 2 79 39 9 Oj 40 5 3 79 14 40 5 0! 39 17 2 80 41 1 39 J' 2 80 10 6th Year. < (J li £ 5. d. £ s. d.\ £ s. 11 17 3 3!.» 1 80 18 42 13 ti 38 13 81 () , 43 9 9 38 4 11 81 14 44 G 1 37 IG J^' 82 <-* 45 2 G! 37 8 7' 82 11 45 19 o| 37 4 82 19 4() 15 7 3G 12 83 7 47 12 3 3G 3 8: 83 15 48 9 1 35 15 3, 84 4 49 5 11 35 G lOi 84 12: 50 2 10 34 18 4! 85 l' 50 19 10 :]4 9 10; 85 9 4 7 10 2 G II 4 10 4 10 d. 5 1 9 G 3 10 8 G 5 4 4 d. G 8 ^2 2 10 1 11 2 7t IL. 1 d. 5 n li 1 4 7 7 4 10 2 ID 6 11 M 4 1 10 U 4 10 10 5. d. 4 5 12 1 1}> 9 7 (i 15 3 3 10 10 18 8 () (> 14 5 y 4 10 4 s.\ rf. 18 5 () () 14 8 10 11 1 19 4 7 7 15 11 4 4 ao Advnnces Seveatli, VAght and Ninth Years. On Jiccount On JJccPunt D^TE. of past of future Subscriptions Subscriptions A ■e» c £ s. d. £ s d. 1st Month. 51 16 11 34 1 3 2 " 32 14 2 33 12 7 3 « 53 11 5 33 4 4 *' 54 8 9 32 15 4 5 " 55 6 2 32 6 8 7tli Year. ^ 6 « 56 3 9 31 17 10 7 " 57 1 4 31 9 1 8 57 19 1 31 2 9 «' 58 16 10 30 11 4 10 " 59 14 8 30 o 5 11 « 60 12 7 29 13 6 ,12 - CI 10 8 29 4 5 TOTAL. -C-- £ 85 86 86 87 87 88 83 68 89 89 90 90 s. 18 6 15 4 12 I 10 19 8 17 6 15 2 9 r. 1 10 7 3 2 1 1 1 1st Month. 2 3 4 5 8th Year. J. 6 7 8 9 10 11 L12 (- Ist Month 2 (( 3 C( 4 (( 5 (( 9th Year. ^ 6 (( 7 (( 8 (( 9 iC 10 li 11 U 12 u JE s. d. £ s. d. £ s. 62 8 9 28 15 5 91 4 63 7 28 6 4 91 13 64 5 4 27 17 2 92 o 65 3 9 27 7 11 92 11 66 2 3 26 18 8 93 Qir 10 26 9 5 93 10 67 19 7 26 93 19 63 18 5 25 10 7 94 9 69 17 3 25 1 2 94 18 70 16 3 24 11 8 95 7 71 15 4 24 2 1 95 17 72 14 6 23 12 6 96 7 £ s. 73 13 74 13 75 12 76 12 77 78 79 80 81 82 83 84 V4 d. 10 o 8 2 10 7 5 5 6 8 11 3 d. 2 4 6 8 11 3 7 5 11 5 £ s. d. £ s. 23 2 10 96 16 22 13 2 97 6 22 3 5 97 16 21 13 8 98 5 21 3 10 98 15 20 14 99 5 20 4 1 99 15 19 14 1 100 5 19 4 100 15 18 14 101 5 18 3 10 101 15 17 13 8 102 5 d. 8 4 1 10 8 7 6 6 C 8 9 11 40 Advances Tenth) Eleventh and Twelfth Yean. On Account On Account DJiTE. of past of future TOTAL. Subscriptions Subscriptions ¥» r^ |- £ -.1%. — s. d. £ -M3 s. d. £ 5. d. 1st Month. 1 85 12 17 3 5 102 16 2 2 (( 86 13 4 16 13 2 103 6 6 3 (t 87 14 C 16 2 10 103 16 10 4 CI 88 14 i! 15 12 5 104 7 2 5 CI 89 15 4 15 2 104 17 7 10th Year.- 6 CI 90 16 7 14 11 6 105 8 I 7 CI 91 17 8 14 1 105 18 8 8 II 98 18 10 13 10 5 106 9 3 9 cc 94 2 12 19 9 J06 19 11 10 CI 95 1 7 12 9 107 10 7 11 cc 96 3 1 11 18 3 108 1 4 .12 CC 97 4 3 11 7 6 108 12 2 Ist Month. 2 " 3 4 5 llthY^'crX 6 7 8 9 10 11 12 cc cc IC cc cc ct cc cc cc cc £ s. d. £ s. d. JC 5. 98 6 4 10 16 8 109 3 99 8 2 10 5 9 109 13 100 10 1 9 14 9 110 4 101 12 1 9 3 9 110 15 102 14 3 8 12 8 111 6 103 16 7 8 1 6 111 18 104 18 11 7 10 4 112 9 106 1 5 6 19 1 113 107 4 6 7 10 113 11 108 6 9 5 16 5 114 3 109 9 w t 5 5 114 14 110 12 6 4 13 6 115 6 3 4 5 12th Year. ^ 6 7 8 9 10 11 1 12 Ist Month. 2 « cc cc cc cc cc cc cc cc cc CI £ s. d. £ s. d. £ .s 111 15 7 4 2 115 17 112 18 9 3 10 5 116 9 114 2 1 2 18 8 117 115 5 6 2 7 117 12 116 9 1 15 4 118 4 117 12 7 I 3 7 118 16 118 16 4 11 9 119 8 120 120 cc cc (C C( C( (( cc cc cc cc cc cc cc cc cc cc cc CI cc cc cc cc cc cc IC C( cc cc CI " cc cc d. 11 10 10 11 1 3 6 10 2 7 d. 7 2 9 6 4 2 1 cc cc cc cc ■> f 41 d. 2 6 10 2 7 1 8 3 11 7 4 2 5. d. 3 13 11 4 10 15 10 C 11 18 1 9 3 6 11 10 3 2 4 7 6 d. 7 2 9 6 4 2 1 u (C (( C( TABLE II. Table of Discount allowable on Subscriptions puid in advance. Number of Subscriptions paid in advance. £ s. (/. • 1 (( i( i( S (C (( a 3 (( a t( 4 (( c« (( 5 (( (( (i 6 " 1 (( 7 " 1 4 8 « i U 9 « 2 2 10 « 2 8 11 « 3 2 12 « 3 10