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Bulk 13, Line 3, strike out last "on " siib=‘itute "or.” Line 6, strike out" shire to” .-ul stitute "shall.” Bile 14. Line 2. Strike out “ Trustees with the sanction and advice of the." Lines 3, 4, 5, 6 and 7, as far as word “ borrowed,” strike out, and substitute " accept money on deposit, borrow mouey pursuant to the power and up to the limits conferred by section 13 of" The Building Societies Act, 1880,” and to issue Deposit Beceipts or Debentures in respect of such moneys ; such Deposit Beceipts or Debentures to bear the common seal of the Association, to be signed by one Director, and by the manager for the time being. And for any sam so deposited with or borrowed by the Association.” Line 10. Strike out “ Trustees of the.” Line 12. Strike out" Trustee,” substitute “ Director.” After the word " such ” insert “ Deposit Beceipts or.” Bclb 15. Lines. Strikeout "after the.” Line 4. Strike out. Line 11. Strike out " Public,” substitute 11 General.” Line 13. Strike out "s ” in " names.” Strike out “ such Trustees,” substitute " the Association.” Line 17. Strike out “by such Trustees.” Line 18. Strike out “Society,” substitute " Association." Insert at end of Buie “ Notwithstanding the provisions herein contained the Board of Directors shall have power, by unanimous vote, to make advances upon mortgages of real estate, or upon Investment shares, to be repaid, with interest, in such manner as to them shall appear desirable.” Line 23. Strike out "to the Trustees." Line 25. Strike out " the said Trustees.” Page 13. Line 6. Strike out “ numbered " substitute " received.” Line 9. Strike out all the words commencing with “ and " and ending in line 28 with " completion,” and substitute " and under wbicb class of the Borrowing Table B, forming part of these Buies, be desires to repay to tbe Association'the principal and interest of such loan. Page 14. Strike out the second and third columns of fines in table. Strike out the paragraph commencing with " That all " ami ending with " respectively.” In tbe following paragraph, line 3, strike out all the words commencing with “ monthly ” and ending in line 5 with " month.”. Line 5. strike out “ such.” Page 15. Line 9. Strike out “ or at ” substitute " after.” Line 10. Strike out all tbe words commencing with “ in ” and ending with “ payments ” in line 12. Line 30. Strike out “or ” substitute “ at.” Line 44. Strike out " promised,” substitute “ premises.” Line 51. Strike out “ that.” Page 16. Lines 13 and 14 strike out. Lines 15, 16, 17, 18,19,20 strike out. Fourth line from bottom strike out. "Trustees,” substitute " Association." Page 17. Line 1 Strike out “be at liberty to.” Line 2 Strike out “ Trustees,” substitute “ Association.” Strike out all the words commencing with " or ” and ending with " mortgagor ” in lire 5, and substitute "The Manager shall continue such Insurance from time to time, and shall pay for such Insurance out of the funds of the A;-i ■ ‘'"’l : bat the money so expended shall be refunded to the Association by the mortgagor at tbe next monthly meeting ; and in case of tbe non-payment of money so expended he shall pay a fine of ore shilling per month in the pound for each month during which such payment shall remain unpaid. Line 16. Strike out " 10s per week." Line 17. Strike out "nor less than.” Strike out " week,” substitute “ month.” After line 35 insert “ All receij ts for ground rent shall, it so required, be prorented by the mortgagor to the Manager immediately the same shall have become due or payable ; or in default thereof tbe mortgagor shall pay a fine of 2s 6d ; and iu case any of tbe said payments shall not be duly made as aforesaid the manager shall pay the same cut of the funds of the Association, and the mortgagor shall repay tbe amount, together with the said fine, at tbe next monthly meeting ; and in default of payment thereof he shall be fined in addition thereto as for an equal amount of Insurance Premium in arrear.” Page 18. Table C. Strike out the table and substitute tbe following Table:—

j r<>ur(h ri.iM, > Ku'th Class, | s | 0 years. Thir.l t U^, lO 0 5 (1 0 fi 0 0 <i 7 0 7 1 0 7 <l 0 8 5 0 5) 3 0 10 0 0 10 10 0 11 11 Sixth ( 6 )-CM 0 13 0 15 0 Ifi 0 18 0 19

1 I,i> f■ 1(1, Stnkeont " Trustees may with | tin consent of the.' Stiikc MU “ and,’' subI Blituto “ may.” Line IH. Strike ont 1 “ Trustee- for the time- being,” substitute I •• Directors.” Line 27. Snike ont “ the Trus- ' tees.” Line 2'.i. Strikeout “the Trustees.” Line ; 3.'i. After the first wont “ Directors ” insert “ provided always that.' Line 37. Strike out *’ mouths by payment, ’ substitute •' monthly payments.' IIULF, 17. Line *3. Strike out “ from,” substitute “ (or ’ Rolf 19. Lines II and 12 Strike out " direct the Trustees to." Rule 23, Line 3, Strike out •• 16," substitute " 21." Line 3. Strike out “ and land." Stiike out ” 1866." substitute " 1880." Rule 24. Lines 7 and 8, Strike out “upon th e election for Directors.” substitute "at tbe Annual General Meeting.” Line 9. Alter the word " writing,” insert " and to be held by shareholders only.” At the end of Rub add " All questions arising at a Gen iai Meeting shall he decided by a majority of tbe votes of shareholders then present, or iw voting maybe taken by ballot if required.” Rule 2d. Line 3. Strike cat •• Trustees lor the lime being,” sabstitute “ Association,” Line 6. Strike out “ and land," Strike out “ 16(!ii," substitute 1860.’’ Lines 7 and 8. Strike gut ’we the undersigned being Trustees for

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https://paperspast.natlib.govt.nz/newspapers/WAIST18870124.2.13.2

Bibliographic details

Wairarapa Standard, Volume XX, Issue 2021, 24 January 1887, Page 3

Word Count
949

Page 3 Advertisements Column 2 Wairarapa Standard, Volume XX, Issue 2021, 24 January 1887, Page 3

Page 3 Advertisements Column 2 Wairarapa Standard, Volume XX, Issue 2021, 24 January 1887, Page 3