1. Any member, on giving notice in writing to the Manager, and on payment of all subscriptions, fines, and arrears then due from such member on all shares held by him, shall be at liberty to sell or transfer his Investment share or shares or any of them on payment of a transfer fee of one shilling for each share. Every transfer shall be countersigned by the Manager, and registered at the office of the Society, and shall be in the form of Schedule D appended to these Rules.