The Public General Statutes Affecting Scotland Vol 9

Author : Scotland
Publisher : Rarebooksclub.com
ISBN 13 : 9781230065021
Total Pages : 484 pages
Book Rating : 4.0/5 (65 download)

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Download or read book The Public General Statutes Affecting Scotland Volume 2 written by Scotland and published by Rarebooksclub.com. This book was released on 2013-09 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1876 edition. Excerpt: ...10. 1 AND be it further enacted, that the rules of every society formed under the 4 authority of this Act shall s ecify the place migciffigomt or places at which it is iiiteniled such society ()fflQ(;fg_ shall hold its meetings, and shall contain sroyisions with respect to the powers and 5 Se if iities of the members at large, and of such said, have directed and appointed, or shall in like manner direct and appoint. 13. IAN!) be it further enacted, that it shall and may be lawful to and for the treasurer or trustee for the time being of any such society, and he, she, and they is and are hereby authorized and required, from time to time, by and with the consent of such society, to be had and testified in such manner as shall be directed by the eneral rules of such society, to lay out or fispose of such part of all such sums of money as shall at any time be collected, given, or paid to and for the beneficial ends, intents, and purposes of such society, as the exigencies of such society shall not call for the immediate application or expenditure of, either on real or heritable securities or heritable property, to be approved of as aforesaid, (such securities to be taken in the name of such treasurer or trustee for the time being, ) or to invest the same in the public stocks or funds, savings banks, or government securities, or in any of the chartered banks in Scotland, or in the bank of the Commercial Banking Company of Scotland, and not otherwise, in the proper name of such treasurer or trustee; and from time to time, with such consent as aforesaid, to alter and transfer such securities and funds, and to make sale thereof respectively;9 and that all the dividends, interests, and proceeds which shall from time to time arise from the monies so..