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The Jaffnese Co-operative Society Ltd Member's Pass Book

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Subject :The Jaffnese Co-operative Society Ltd Member's Pass Book
Published By : Publicity and Services Press, Kuala Lumpur
Location : Taiping
Estimated Year : 1935
Media Type : Ephemera
Source : Ian Anderson, Ipoh
Remark :

This member's pass book is in the name of P Thambiah with an address in Taiping. Inside the front cover the nominee is given as T Sivagurunathan Member number 4143, also from Taiping. The nomination is dates 3.8.35.

The fiest two pages show payments from over 1935, 36, 37 38 and 139. Paid monthly in cash ay $10 initially, these rose to $30 by the end of 1839.

The The Jaffnese Co-operative Society still exists today (2018) and claims the following benefits of membership.

  • Members own the cooperative through subscriptions contributed besides being the consumer of services offered by the cooperative. Member has the right to determine the types of services to be given priority by the cooperative.
  • The cooperative provides secure fund facilities and loan facilities at a reasonable rate.
  • Members enjoy returns on subscriptions, contributions and active participation towards the activities and the management of the cooperative. A portion of the Cooperatives' profit is set aside as provisions towards the welfare fund to sponsor all welfare activities such as members' children's education fund, benevolent fund and contributions towards social activities.
  • Has the right to nominate and be nominated to hold office and vote in general meetings.
Filename : 20180203-011