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The Pamphlet Collection of Sir Robert Stout: Volume 68

Votes of Members

Votes of Members.

64. Every member shall have one vote and no more.

65. Any parent, guardian, or other person entitled under clause 26 hereof, to transfer any shares, may vote at any general meeting in respect thereof, in the same manner as if he were the registered holder of such shares, 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 that the Directors shall previously to such meeting have admitted his right to vote thereat respect of such shares.

66. If there be joint holders of any shares, the member whose name stands first on the Register, and no other, shall be entitled to vote in respect of such shares, but the other or others of the joint holders shall be entitled to be present at any general meeting.

67. No poll shall be demanded on the election of a chairman of a meeting.

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

69. The instrument appointing a proxy shall be in writing under the hand of the appointor, or, if such appointor is a corporation, under its common seal, and shall be attested by one or more witnesses Shareholders resident out of New Zealand or other the place where the meeting shall be held, may nominate as proxies persons other than shareholders, but otherwise no person shall be appointed a proxy who is not a member of the Company and qualified to vote, and no instrument appointing a proxy shall be valid after the expiration of twelve months from the date of its execution.

70. A vote given in accordance with the terms of an instrument proxy shall be valid, notwithstanding the previous death of the principal, or revocation of the appointment, unless notice in writing of the death or revocation shall have been received at the office of the Company twenty-four hours at the least before the meeting.

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

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"The Co-operative Land Settlement Company, Limited."

"I____of____being a member of The Co-operative Land Settlement 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____).

"As witness my hand, this____day of

"Signed by the said____in the presence of____"

72. No member shall be entitled to be present or to vote on any question, either personally or by proxy, or as proxy for another member at a general meeting, or upon a poll, or be reckoned in a quorum, whilst any call or other sum shall be due and payable to the Company in respect of any of the shares of such member.

73. Any resolution passed by the Directors, notice whereof shall be given to the members in the manner in which notices are hereafter directed to be given, and which shall within one month after it shall have so passed, be ratified and confirmed in writing by members entitled in the aggregate to three-fifths of the votes, shall be as valid and effectual as a resolution of a general meeting, but this clause shall not apply to a resolution for winding up the Company, or to a resolution passed in respect of any matter which by statute or these presents ought to be dealt with by special or extraordinary resolution.