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The Pamphlet Collection of Sir Robert Stout: Volume 88

XII.—Withdrawals

XII.—Withdrawals.

A Capital shares shall not be withdrawn.

Withdrawals notice required.

Any member desirous of withdrawing his B Investment shares shall be allowed to do so on giving three months' notice thereof, in writing, to the Manager. Provided always, that the total amount to be so withdrawn during any given period may from time to time be limited by the Board of Directors.

To be paid in rotstion.

Should several members give notice to withdraw at one time, they shall be paid in rotation, according to the priority of notice; provided always, that the representatives of deceased members shall have precedence.

Arreas to be deducted.

All amounts due and fines incurred previously to the notice of withdrawal shall be deducted from the amount which the member may be entitled to receive.