No. of 1955. Building Societies. 7

property of the society in his hands or custody to
such person as the suciety appoints; and in case
of any neglect or refusal to deliver such account
or to pay over such moneys or to deliver such
securities and effects, books, papers and property
in manner aforesaid, the society may sue upon the
bond of the accounting officer concerned or may

apply to the Court, which may proceed thereupon
in a summary way and make such order thereon as
to the Court in its discretion may seem just, which
order shall be final and conclusive.

15. (1) Any society muy from time to time,
as the rules permit, invest any portion of its funds,
not immediately required for its purposes, upon
real or leasehold securities, or in the securities of
the Government of the United Kingdom or of any
British Possession, or in such other way as by
unanimous resolution of the directors may be
determined.

(2) For the purposes of investments in the
public funds or otherwise where the appointment
of trustees may be required, it shall be lawful for
the society or board of directors or committee of
management thereof from time to time to appoint
or remove trustees.

16. If any member of or depositor with a
society, having in the funds thereof a sum of
money not exceeding one hundred and fifty dollars,
dies intestate, the amount due may be paid to the
person who appears to the directors or committee
of management of the society to be entitled, under
the law for the time being regulating the devolu-
tion of personal estate applicable to the case, to
receive the same, without taking out letters of
administration, upon the society receiving satisfac-
tory evidence of death and a statutory declaration
that the member or depositor died intestate and
that the person so claiming is entitled as aforesaid:

Provided that whenever the society after the
decease of any member or depositor has paid any
such sum of money tu the person who at the time
appeared to be entitled to the effccis of the
deceased, under the belief that such deceased had

ANTIGUA.

Investment
of surplus.

Payment of
sums not
exceeding
$150 when
members or
depositors die
intestate.

Paym=nt to
persons
appearing to
be next of kin
declared valid,