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The Pamphlet Collection of Sir Robert Stout: Volume 7

XXXI. Re-Conveyance

XXXI. Re-Conveyance.

Re-conveyance of mortgaged property.

1. When the whole of the subscriptions, fines, and other payments on any realised share or shares have been paid by any member, the Trustees for the time being shall, if requested, endorse upon the mortgage given to the Society by such member a receipt for all moneys intended to be secured thereby, in the form, pursuant to "The Building and Land Societies Act, 1860," as set forth in Schedule F appended to these Rules, and shall deliver up the same, with all other deeds and documents relating to such mortgage which shall have been deposited with them by such member; subject, nevertheless, to the provisions contained in these rules. Provided

Member may require re-conveyance.

always, that any member shall be entitled to a re-conveyance of the property mortgaged at his own cost.