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The Pamphlet Collection of Sir Robert Stout: Volume 7

XV.—Redemption Money

XV.—Redemption Money.

Any member, having purchased his or her shares, shall par the sum of ten shillings per share, as and towards the redemption thereof, for each and every share he or she may hold, at the then next Monthly Meeting of the Society, after the purchase thereof, and shall continue paying the same during the continuance of the Society, at every succeeding Monthly Meeting with and in addition to the monthly subscriptions, unless as provided for the cessation thereof, in sub-section 3, Rule IX., and such member shall be liable to the payment of double the fines for non-payment of his or her redemption-money, per share, at the periods above specified, as he or she would be, according to the provisions in Rule VII., for non-payment of his or her regular subscriptions.