38. Dissolution of Association by resolution of proprietors
* * * The said Association may at any time be dissolved by a resolution to that effect of two-thirds in number and value of the proprietors qualified to vote at two successive extraordinary meetings specially called for the purpose of taking into consideration the expediency of such dissolution; provided that not less than three months shall have elapsed between the first and second of such two extraordinary meetings.
Amendment notes (1)
- 1omitted The words “And it is hereby enacted, that” omitted by Act 12 of 1891, s. 2 and Sch. I.