8 



13. Each Member of the Society shall be at liberty to sell or 

 dispose of his share; and if not previously disposed of, it shall, at 

 his death, descend to his representative; but tho Society shall de- 

 cide, by ballot, whether the purchaser or representative shall be 

 admitted as a Member of the Institution. When any share is 

 transferred, all arrears due upon it must be paid up; and the re- 

 presentatives or assignee of a Life-governor shall not be exempted 

 from the Annual Subscription of Half -a- Guinea^ without paying 

 a sum of Five Guineas in lieu of such subscription. 



14. The Annual Subscription shall be paid to the Treasurer, in 

 advance, in the month of November, or within a month after the 

 General Meeting in each year. If any Member neglect to pay his 

 subscription before the ensuing Annual Meeting, he shall be ex- 

 cluded from the benefits of the Institution, until all arrears due on 

 his share be paid up; and if any member neglect paying his sub- 

 scription for two years, he shall, after notice given him to that 

 effect, be excluded from the Society, and shall forfeit all right and 

 interest in the property of the Institution. 



15. If any Member, or any one introduced by him, shall cause 

 any loss or damage to the property of the Society, that Member 

 shall make good to the Society, the loss or damage so sustained. 



16. Any Member who is guilty of improper conduct towards 

 the Society, and persists in any breach of its laws, may be expelled 

 from the Society, after means having been used by the Council 

 without effect for bringing him to order; but such expulsion shall 

 not take place without giving a month's notice, at least, to the of- 

 fending Member, and without the concurrence of three-fourths of 

 the Members present at the Public Meeting of the Society, held 

 for that purpose. 



17. Each Member on his admission shall sign an obligation, 

 binding himself to conform to the Laws and Regulations of the 

 Society so long as he shall continue a Member of it. 



18. These laws may be amended and enlarged at any General 

 or Special Meeting of the Society, such amendments having been 

 submitted to the Council for their consideration, at least two 

 months previous to the Meeting. 



