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the members shall decide at a general meeting.

13. All moneys paid to the Treasurer on account of the Association shall be placed in the Bank of New Zealand to the credit of the Association, and all moneys drawn from the Bank shall be by cheque signed by the Treasurer and Secretary, and one member of the Committee appointed for that purpose. The Treasurer shall give the Secretary a copy of all moneys received and paid at least once in every quarter. The accounts shall be audited once every half-year. The Auditor shall be appointed at each yearly meeting.

14. Any member who shall fail to pay his quarterly instalments on or before the day appointed shall pay a fine of one halfpenny for each and every share for the first omission, doubling the fine each quarter that the member neglects or fails to pay. If a member neglects or fails to pay for four consecutive quarterly payments, or gives notice that he cannot or will not pay any more on account of his shares, he shall cease to be a member of this Association, and shall have no claim against this Association on account of his shares; and the Committee shall dispose of his shares to a bona fide settler for the good of this Association.

15. In the event of the death of a member before being put in possession of his land, his interest in the allotment will revert to his heirs or executors, who may dispose of it to an approved bona fide settler, providing always that no member shall be allowed to hold more than one hundred and fifty acres; but should the deceased leave a widow or children, they shall be at liberty to occupy irrespective of age or sex.

16. Should any member be compelled to leave the district previous to his being entitled to his Crown grant, and before completing the requisite term of occupation, it shall be competent for the Committee to permit such to transfer his rights, title, and interest in the Association to another approved bona fide settler on the payment of 5 per cent., according to the value of his allotment at the time of transfer; providing always that no member shall be allowed to hold more than one hundred and fifty acres.

17. The Secretary shall call a general meeting of the members when desired by three members of the Committee. There shall be a yearly meeting held in the month of June in each year for the election of officers and to transact other business required.

18. Any member of this Association who may be found to have taken shares for another person, or for speculative purposes, and not with the view to bona fide settlement, shall, upon sufficient proof thereto to the satisfaction of a majority of the members, forfeit his interest in the Association, and the Committee shall dispose of his shares to a bona fide settler; and these rules shall be sufficient authority for such forfeiture and re-allotment; and any profits arising from such re-allotment shall be paid into the general funds of this Association.

19. Should any member of this Association fail to comply with Rule No. 5, or any part thereof, he shall forfeit his interest in this Association, and the Committee shall have power to dispose of his shares to a bona fide settler; and any profit arising from such re-allotment shall be paid into the general funds of this Association.

20. Should any dispute arise which the Secretary cannot arrange, it shall be referred to the Committee of Management, and if not satisfactorily arranged it shall be referred to a general meeting of members, whose decision shall be final.

FORSTER GORING;
Clerk of the Executive Council.

Printed, under the authority of the Government of the Province of Hawke’s Bay, by
DINWIDDIE, MORRISON & Co., Printers for the time being to such Government.