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. 13. The Trustees shall, on the direction of the 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. 14. Categories of Membership and their subscriptions shall be as follows: (a) LIFE MEMBERS: persons who left Dulwich College after 1985 whose life subscription has been collected through the composite termly school fee or Ordinary Members who have paid such single amount as the Committee shall from time to time determine. (b) ORDINARY MEMBERS: persons other than Life Members who shall pay annually such amount by way of subscription as the Committee shall from time to time determine. (c) Teaching and non-teaching members of the staff of Dulwich College, provided they have completed twenty years’ service as such or are taking their retirement after fifteen years’ service as such, shall be eligible for election as HONORARY STAFF MEMBERS . In addition any person who is not a former pupil of Dulwich College who shall have done such work or acts of so distinguished a nature as to advance the name of the School shall be eligible for election as an HONORARY MEMBER . Honorary Staff Members and Honorary Members shall pay no subscription and shall have no vote at a General Meeting. 15. (a) Life Members shall automatically become members of the Club upon leaving Dulwich College after having attained the age of eighteen years. Life Members who leave Dulwich College before attaining the age of eighteen years shall automatically become members of the Club upon attaining their eighteenth birthday. ( b ) Candidates for election as Ordinary Members shall each be proposed by one Member and seconded by another and notified to the Secretary in writing, and a list of such candidates with their addresses and the names of their proposers shall be published on the Club website ; ( c ) election to membership shall be by a majority of the Committee present and voting; ( d ) on election, each new Member, shall be requested to pay to the Hon. Treasurer the amount (if any) due on election, and until such amount has been paid the Member concerned shall not be entitled to participate in any of the advantages or privileges of the Club. 16. (a) Annual subscriptions shall be payable to the Hon. Treasurer on or before January 1st each year. (b) Subject to the provisions of Rule 19, no Member shall be removed from the list of Membership except by a Resolution passed by a two-thirds majority of those present and voting at a General Meeting. For the avoidance of doubt, any person who is the subject of such a resolution shall have the right to attend and speak at the General meeting at which the Resolution is considered and shall have the right to vote thereon. V. DINNERS AND MEETINGS 17. There shall be an Annual Dinner of the Club, to take place on a day decided upon by the Committee, which may authorise such other dinners and social events as it thinks fit. IV. MEMBERSHIP AND SUBSCRIPTIONS
18. (a) The Annual General Meeting shall normally be held on the Date of the Annual Dinner, or some other date not later than December 21st as may specially be decided upon by the Committee.
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