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Title: Rules of the Manawatu Permanent Equitable Building & Investment Society

Author: Manawatu Permanent Equitable Building & Investment Society

In: The Pamphlet Collection of Sir Robert Stout: Volume 7

Publication details: Victoria University of Wellington Library, Wellington

Part of: The Pamphlet Collection of Sir Robert Stout

License: Creative Commons Attribution-Share Alike 3.0 New Zealand Licence

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The Pamphlet Collection of Sir Robert Stout: Volume 7

XXX.—Mode of Voting

XXX.—Mode of Voting.

Voting.

1. At all meetings Members shall be entitled to vote as under:—

Members holding from 1 to 10 investment shares, 1 vote.
Members holding from 11 to 25 investment shares, 1 vote.
Members holding from 26 to 50 investment shares, 1 vote.
Members holding from 51 to 75 investment shares, 1 vote.
Members holding from 76 to 100 investment shares, 1 vote.

but no number of shares shall confer more than five votes.

Voting on Elections for Directors.

2. Upon the elections for Directors, Members may vote by proxy, such proxy to be appointed by writing, but no vote by proxy shall be given on any other occasion. Provided always that no Member who Shall not have paid at least three monthly subscriptions shall be entitled to vote in respect of such shares at any meeting.