Votes of Members.

72. Every Member shall have one vote for every share held by him up to ten, and he shall have an additional vote for every ten shares beyond the first ten up to one thousand, and an additional vote for every one hundred shares beyond the first thousand up to five thousand, and an additional vote for every five hundred shares beyond the first five thousand up to twenty thousand, but no member shall have any right of voting in respect of more than 20,000 shares.

73. Any parent, guardian, or other person entitled under clause 30 hereof, to transfer any shares or stock, may vote at any page 20 General Meeting in respect thereof, in the same manner as if [unclear: he] were the registered holder of such shares or stock, provided that forty-eight hours at least before the time of holding the meeting at which he proposes to vote, he shall satisfy the Directors of his right to transfer such shares or stock, or that the Directors shall previously to such meeting have admitted his right to vote thereat in respect of such shares or stock.

74. If there be joint holders of any share or stock, the Member whose name stands first on the register, and no other shall be entitled to vote in respect of such shares or stock, [unclear: be] the other or others of the joint holders shall be entitled [unclear: to be] present at any General Meeting.

75. No poll shall be demanded on the election of a Chairman of a meeting, or upon any question of adjournment.

76. Members may appear and vote at meetings, either personally or by proxy, or by their attorneys, duly appointed [unclear: under] power of attorney. The instrument appointing a proxy, and [unclear: every] power of attorney, or a verified copy thereof, shall be deposited [unclear: of] the office of the Company not less than forty-eight hours before the time for holding the meeting at which the person name therein proposes to vote, and every attorney may appoint a [unclear: proudfoot] for the Member he represents.

77. The instrument appointing a proxy shall be in [unclear: writing] under the hand of the appointor, or, if such appointor is a [unclear: un] poration, under its common seal, and shall be attested by one more witnesses. No person shall be appointed a proxy who not a member of the Company and qualified to vote, and no [unclear: instrument] appointing a proxy shall be valid after the [unclear: expiration] of twelve months from the date of its execution.

78. A vote given in accordance with the terms of an [unclear: instrument] of proxy shall be valid, notwithstanding the previous [unclear: de] of the principal or revocation of the appointment, unless [unclear: not] in writing of the death or revocation shall have been received the office of the Company twenty-four hours at the least [unclear: before] the meeting.

79. Holders of share warrants shall not be entitled to [unclear: by] proxy in respect of the shares or stock included in [unclear: any] warrants.

80. The instruments of proxy for a specified meeting shall be in the form or to the effect following:—

"The Dunedin City and Suburban Tramways Company, Limited."

"I,

of__________being a Member of the Dunedin City and Suburban Tramways Company, Limited, hereby appoint__________of__________(or, failing him,__________of__________failing__________him,__________of__________) as my proxy, to vote for me and on my behalf at the Ordinary (or Extraordinary, as the case may be) General Meeting of the Company, to be held on the______day of______, and at any adjournment thereof (or at any meeting that may be held in the year______).