Page:Public General Statutes 1896.djvu/299

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1896.
Friendly Societies Act, 1896.
Ch. 25.
279

(c) becomes lunatic or is dead; or

(d) has been removed from his office of trustee; or

(ii.) if it is unknown whether such person is living or dead, the chief registrar may, on application in writing from the secretary and three members of the society or branch, and on proof satisfactory to him, direct the transfer of the stock into the names of any other persons as trustees for the society or branch.

(2.) The transfer shall be made by the surviving or continuing trustees, or if there is no such trustee, or if the trustees refuse or are unable to make the transfer, and the chief registrar so directs, then by the Accountant General or Deputy or Assistant Accountant General of the Bank of England or Bank of Ireland, as the case may be.

(3.) The Bank of England and the Bank of Ireland are hereby indemnified for anything done by them or any of their officers in pursuance of this section against any claim or demand of any person injuriously affected thereby.

Priority on death, bankruptcy, &c. of officer35.—(1.) In the following cases, namely —

(a) upon the death or bankruptcy of any officer of a registered society or branch having in his possession by virtue of his office any money or property belonging to the society or branch; or

(b) if any execution, attachment, or other process is issued, or action or diligence raised against any such officer or against his property, his heirs, executors, or administrators, or trustee in bankruptcy, or the sheriff or other person executing the process, or the party using the action or diligence respectively shall, upon demand in writing of the trustees the society or branch, or of any two of them, or of any person authorised by the society or branch, or by the committee thereof, to make the demand, pay the money, and deliver over the property to the trustees of the society or branch in preference to any other debt or claim against the estate of the officer.

(2.) In this section the expression "bankruptcy" shall include liquidation of a debtor's affairs by arrangement in England, cessio bonorum of a debtor in Scotland, and a petition for arrangement with creditors in Ireland; and the expression "trustee in bankruptcy" shall include a judicial factor in Scotland, and an assignee in Ireland.

Membership of minors36.—(1.) The rules of a registered society or branch may provide for the admission of a person under twenty one years of age but above one year of age as a member.

(2.) Any such member may, if he is over sixteen years of age by himself, and if he is under that age by his parent or guardian, execute all instruments and give all acquaintances necessary to be executed or given under the rules, bot shall not be a member of the committee or a trustee, manager, or treasurer of the society or branch.

Subscriptions to hospitals 37. A registered society or branch may subscribe out of its funds to any hospital, infirmary, charitable or provident institution, any hospitals, annual or other sum which may be necessary to secure to members