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FRIENDLY SOCIETIES ACT,

13 & 14 Vict. CAP. 115,

WITH

INTRODUCTION, NOTES,

AND A

COPIOUS INDEX.

BY WILLIAM PATERSON, ESQ.,

Barrister-at-Law,

Author of " Joint-Stock Companies Act,” dc.

LONDON:
JOHN CROCKFORD, LAW TIMES OFFICE, 29, ESSEX STREET, STRAND.

1850.

LONDON :

PRINTED BY JOHN CROCKFORD, 29, ESSEX STREET,

STRAND.

SUMMARY.
S

SECT.

1. Repeal of 10 Geo. 4, c. 56; 2 & 3 Will. 4, c. 37; 4 & 5

Will. 4, c. 40; 3 & 4 Vict. c. 73; 9 & 10 Vict. c. 27

2. Objects for which Friendly Societies may be established; act

limited to societies not assuring above 1001., or annuity of

301., or allowance of 20s. per week in sickness

3. No sum to be paid on the death of a child except for funeral;

certificate of surgeon or coroner required before money is

paid on death of a member

4. Power to repeal or alter rules, and appoint committee and

officers...

5. Separate accounts to be kept of money paid and received for

each particular fund or benefit

6. Society or branch not legally established till rules certified

7. Registrar to give certificate; certified Friendly Societies ;

registered societies

8. Societies granting annuities to have tables of such annuities

certified by actuary

9. Fees to be paid to registrar for certificates

10. Appointment and salary of registrar .

11. Treasurer to give bond

12. Trustees, &c., to invest funds

13. Property vested in trustees; trustees may sue and be sued;

no person to be deemed a trustee until his appointment shall

have been forwarded to the registrar

14. Limitation of responsibility of treasurer, &c.; treasurer, &c.,

liable for money actually received

15. Trustees to transmit annual return to registrar

16. In default of such return, trustees to be incapable of bringing

action

17. Quinquennial returns to be sent to registrar

18. Registrar to prepare abstract of returns to be laid before

Parliament..

19. When trustees shall be absent, &c., registrar may order stock

to be transferred and dividends paid

20. Act to be an indemnity to the bank

21. Provisions of 39 Geo. 3, c. 79, and of 57 Geo. 3, c. 19, not to

extend to Friendly Societies under this act

22. Disputes between society and trustees to be settled according

to rules ; questions of equity to be settled by County Court,

or Sheriff Court of Scotland..

19

23. Rules for arbitration, where such is appointed by rules;

justices may enforce the award

20

24. If no arbitrators appointed, or no award given, justices may

decide

22

25. In case member is unjustly expelled, arbitrators or justices

may direct such member to be re-instated, and in default

may award a sum of compensation

23

26. In case of fraud or imposition on the funds, justices may

summon the parties, and hear the complaint ; upon proof of

fraud, justices may award double the amount obtained, &c.;

if money awarded is not paid, the same may be levied by

in default of distress, offender may be committed

to prison.

24

27. Orders of justices to be final, and not removable into court of

law, &c.

26

28. Treasurers, &c. to render accounts, and upon demand pay over

inoneys, &c. to party appointed society, &c.; and in case

of neglect application may be made to the registrar, who shall

proceed thereupon in a summary way

27

29. On such reference registrar may inspect books and administer

oaths; false evidence perjury

28

30. Orders, &c. to be binding without appeal

28

31. Secretary of State to fix amount of fees payable on reference,

and registrar to determine who shall pay them

29

32. Member of Friendly Society may be a witness

29

33. Minors may be members, and have legal authority to act, but

not to hold office

29

34. Consent necessary for dissolution of society.

30

35. Rules, &c. under hand of registrar to be received without proof

of signature

31

36. Executors, &c. of officers of certified Friendly Societies to pay

money due to society before any other debts, within forty days

after demand in writing

31

37. Member belonging to more than one society not to be entitled

to benefits exceeding 1001., or 301. annuity, or 20s. sickness 33

38. Power to certified societies to invest moneys with National

Debt Commissioners, upon declaration that they belong ex-

clusively to the society; in case declaration not true money
to be forfeited and applied in manner directed by 9 Geo. 4,

33

39. Powers of attorneys, &c., not liable to stamp duty.

35

40. For payment of sums not exceeding 501. when members die

intestate

35

41. Payments to persons who appear to trustees to be entitled to

effects of deceased intestate members declared valid; but

next-of-kin, &c., to have remedy against the party who

receives the same

36

42. Payment on death of members to be made to executors, &c.,

and not to nominees

36

43. Existing Friendly Societies not to invest with National Debt

Commissioners except for assurances made before passing of

this act

37

c. 92

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