THE    provident    LOAN   SOCIETY   OF   NEW  YOKK

inconsistent with the Constitution and Laws of this
State. The Constitution shall prescribe the qualifica¬
tions of members of the Society; the manner of electing
the members; the number of members who shall con¬
stitute a quorum for the transaction of business at meet¬
ings of the Society; the number of Trustees by whom
the business and affairs of the Society shall be managed;
the qualifications, powers, and the manner of selection
of the Trustees and Officers of the Society; and it may
contain any other provisions for the management of the
property and regulation of the affairs of the Society. No
member or Trustee of the Society shall receive any com¬
pensation for his services, or any profit other than lawful
interest on money loaned to it, nor shall any member or
Trustee be personally liable for any debts incurred by
the Society.

Section 3. Said Society shall be entitled to act as
pawnbroker, and shall be subject to and entitled to all
the benefits of all the provisions of the laws of this State
concerning pawnbrokers, except that it shall not be re¬
quired to obtain a license or file a bond.

Section 4. This Act shall take effect immediately.

(Became a law April 13, 1894)
 

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