4 8 



Agricultural Crldit Banks. 



This might be usefully atteitded by a representative of the 

 Co-operative Banks Association, to advise on any points or 

 answer questions which might be raised as to the working ot 

 the system. 



If this meeting approve of the formation of a Village 

 Bank a committee should be appointed by those who give 

 in their names as willing to join to draw up the necessary 

 rules for its constitution. A treasurer should also be elected, 

 and the elected committee should appoint a chairman and 

 secretary. 



The next duty is to consider in detail the model rules issued 

 by the Co-operative Banks Association, and adopt them with 

 approved additions or otherwise. 



The most important matter in connection with the rules 

 concerns their registration under the Friendly Societies Acts. 

 These rules are prepared in such a form as will enable 

 them to be registered without alteration by the Chief 

 Registrar, 28, Abingdon Street, London, S.W. Rules must 

 not be issued with the name and address of the Society till 

 the registration certificate is received. 



Other regulations which do not affect the constitution of 

 the Society may be made apart from the rules, and do not 

 require to be registered. 



It is not possible in a short article to go into the details of 

 the simple book-keeping required by these Societies, and the 

 various forms required for the conduct of the business of the 

 Bank. Specimens of the same will gladly be forwarded by the 

 Co-operative Banks Association, Westminster, without charge 

 to anyone desirous of receiving this detailed information. 

 It may, however, be stated that they consist of rules, pro- 

 spectus, membership application form, application for loan, 

 approval of application, loan agreement forms, loan and 

 deposit cards, and a set of books. 



When the above preliminaries are settled the Bank is ready 

 to begin business, and to deal with applications of its 

 members who are able to make profitable use of productive 

 credit. 



It is hoped that in time the people will have so much con- 

 fidence in these popularly constituted banks that they will 



