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Issues: Whether the objector (Mr. Ralli) had ceased to be a member of the company under Article 19 and therefore ought not to be included in the list of contributories.
Analysis: The Court examined the evidence that a notice demanding subscription was sent and that Article 19 contemplated posting the name of a defaulting member on the club's notice board, with cessation of membership following non-payment after specified periods. The Court found no clear proof that the club had effected the posting required by Article 19; the provision for posting was held to be directory rather than mandatory and for the club's benefit such that the club could waive it. The register of members showing the objector's name on the date of winding up was treated as presumptive proof that the procedure in Article 19 had not been followed and that membership had not ceased.
Conclusion: The objection is overruled and the objector's name has been rightly placed on the list of contributories; the claim that he ceased to be a member under Article 19 is rejected.