ballot vs rotation in land society allotments debated
Brooke Smith of Birmingham argues the National Society should use rotation for share distribution rather than ballot to avoid risk and assure steady funding. He urges guarantees or indemnities for purchasers, calls for clearer rules on subscriptions and wills, and seeks conference consideration of member protections and flow of estates.
MENTIONED IN THIS ARTICLE
National Society
Whittingham
Taylor
Talee
Birmingham Freehold Land Society
Brooke Smith
Birmingham
Birmingham Society
Reply on Balloting and Freehold Societies
J Himp argues for a ballot based advance in Freehold Land Societies noting premiums and early shares funded by initial deposits. He contends local societies differ from the National model and questions timing of allotments while urging subscription support to spur early advances.
MENTIONED IN THIS ARTICLE
Freeholder
James Taylor
Taylor
Ross Society
Freehold Land Societies
Smith
Ross
Erroneous Equity in Society Advances Debate
The Editor of The Freeholder comments on Colchester correspondence arguing that advances to members must reflect total subscriptions. The writer questions the feasibility of proportional benefit schemes and notes the correspondent fails to show practical application of the principle in all cases.
MENTIONED IN THIS ARTICLE
Freeholder
Colchester
Small Proprietors and Insurance for Land Purchase Plan
Letter to the editor proposes using a Life Assurance aided by a permanent benefit society to fund farm purchases for small proprietors in Ireland. It outlines tenancy rights, mortgage-linked buyout, and widow or family protection via Life Assurance, with example payments and the Mitre rates for securing family provision.
MENTIONED IN THIS ARTICLE
Ireland
Small Proprietors’ Society
Permanent Benefit Building Society
Scratchley
London
Life