Cieties
A Dictionary of Law · Henry Campbell Black · 1891
A Dictionary of Law
These societies are formed in England under 3 & 4 Wm. LV. ¢. 14, to enable the industrious classes fo muke provisions for themselves by purchasing, on advantageous terms, a government annuity for life or term of years.
By 16 & 17 Vict. c¢.
45, this act, as well as 7 & 8 Vict. ec. 33, amending it, were repealed, and the whole law in relation to the purchase of government annuities, through the medium of gavines banks, was consolidated.
And by 27 & 28 Vict. ¢.
43, additional fac‘lities were afforded for the purchase of such annuities, and for assuring payments of money on death.
Wharton.