Oh, and following on from the other thread I think you should add a bit about the Chairman have a casting vote should votes be equal - if that's what everybody agrees - something like
"if a majority desicion cannot be reach the Chairman will have the casting vote"
Looks all ok to me, sorry I should have let you have the 1st draft as a word document as well as a pdf so you didn't have to re-type it all.
Just one minor spelling change - sundry not sundrie
Well done to all those who have got things going, it should be fun :thumbsup:
It's certainly something that needs thought.
If you look at it like a Limited Company, once the initial members buy their shares at par (ie £100 each share) and the Company commences to trade the cost for future members to buy shares could be higher and usually based on the assets/liabilities...
Had a bit of a mess around with it...............
Rules / Terms and Conditions of Membership
Club Overview
The NSC Greyhound Syndicate was founded in 2010 and operates to purchase, syndicate and race Greyhounds. The intention is to create a low risk opportunity for individuals to invest in top...