5. Approval of new Club Rules 10-13 inclusive Referring to the paper AGM 1-11, which had been tabled as well as being displayed on the Club webpages, the Secretary explained that earlier in the year the Club Trustees had indicated that a change of stockbroker was desirable in order to secure a better service than that provided by Williams De Broe. In seeking to follow the correct procedure for such a change, it became apparent that the Club rules relating to trusteeship were deficient in several respects. As a result, NR Robinson, Assistant Hon Secretary and a solicitor by profession with wide experience of trustee law, had re-drawn Rules 10-13 inclusive. These had been approved by the committee at its June meeting and the approval of the AGM was now sought. CJ Batten observed that the proposed changes were sound and in line with current best practice. PA Darby proposed that the newly drafted rules should be adopted, IW Warburton seconded the proposal which was carried unanimously. 6. Any other business (i) The Vice President congratulated the President on a successful year in office and proposed a vote of thanks to him for his services to the Club during the year. This was carried unanimously.
of any General Meeting to appoint a Trustee, the Committee shall as soon as practicable thereafter take all lawful steps to secure the appointment by the Club of a new Trustee instead. 11. The Committee shall have the power to take out such insurance as they deem appropriate to protect the assets of the Club against claims made in respect of action taken or action not taken by any Officer of the Club, Trustee or Committee Member acting in good faith on behalf of the Club. The Committee will direct the Trustees from time to time as necessary and will appoint all professional advisers from time to time as appropriate. 12. All land owned by the Club shall be vested in the names of the Trustees for the time being in trust for the use and benefit of the Club as a whole. The Trustees shall at all times and in all respects act in regard thereto and shall have the power to sell, pledge, lease, mortgage or otherwise alienate the same, in accordance with the directions of the Committee but no purchaser, lessee, mortgagee or other successor in title shall be concerned to enquire whether any such direction has been given. All other assets of the Club shall be held in the names of the Trustees for the time being or in the name of a nominee for the Trustees in the case of securities dealt with through the London Stock Exchange in respect of which the Trustees have the power to buy and sell securities for and on behalf of the Club as they in their joint discretion think fit. The Club shall operate a bank account with Barclays Bank PLC or such other clearing bank as the Committee shall decide. Those authorised to sign cheques shall be the Officers of the Club and the Secretary for the time being and the bank mandate shall provide for any two of those to sign cheques for £2,000 and above and for any one of those to sign cheques for less than £2,000; the similar mandate shall apply to authorise any electronic withdrawals from the accounts of the Club. Committee, represent the Club in any dispute whether settled by litigation or any form of alternative dispute resolution and shall be entitled to an indemnity out of the assets of the Club in respect of any action taken by them on the direction of the said Committee. 13. The Trustees shall, on the direction of the
The meeting ended at 6.57pm.
CW Field Secretary
Amended Alleyn Club Rules
As approved at the 2011 AGM The complete Alleyn Club Rules may be consulted on the College website – www.dulwich.org.uk. Hard copies of the revised Rules may be obtained by post from The Secretary, Alleyn Club, London SE21 7LD.
III. TRUSTEES
10. Trustees, who shall not be less than two nor
more than four in number, shall be appointed from time to time as necessary by the members of the Club in General Meeting, having been nominated by the Committee. A Trustee, once appointed, shall hold office until such time as he shall retire, cease to be eligible or be removed from office by a resolution passed by a two thirds majority of those present and voting at a properly constituted General Meeting of the Club. On the death, resignation, removal from office or failure
21 Minutes of the AGM of The Alleyn Club
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