The purpose of this meeting is to consider and if thought fit, in accordance with Rule No. 6 of the Tattersalls Club Act of 1888, to pass the following Resolution:

 

 

RESOLUTION

 

That the Members of Tattersalls Club give consent for the Committee to lease the Club owned real property in the form of the retail shop located alongside the Club in Elizabeth Street, Sydney

 

 

 

Tattersalls Club Act of 1888

 

6.     It shall be lawful for the Committee, in the name of the Chairman, from time to time on behalf of and for the purposes of the said Club, to borrow money by way of mortgage of the lands, tenements and hereditaments, real or personal, of the Club, or by issue of debentures, secured upon the lands, tenements, and hereditaments, real or personal, of the Club or in any other way upon the security of the lands, tenements, or hereditaments, real and personal, of the Club, or to sell or grant leases for any terms of the lands, tenements, and hereditaments, real or personal, of the Club or any portion thereof  and in any way to realise or dispose of the moneys, goods and chattels, chooses in action or other personalty of the Club for or in furtherance of the objects of the Club.  Provided that no such borrowing, mortgage, issue of debentures, or sale or leasing of the said lands, tenements, and hereditaments, shall be made without the consent of the majority of a Special General Meeting of the Club called to consider such proposed borrowing, mortgage, issue of debentures, sale, leasing, realisation, or disposition.

 

 

 

Peter Butcher

Secretary

7 September 2010