Section 25, Cap. 287

No member shall be entitled to receive any dividend or to exerciseany privilege as a member until he shall have paid all calls for the time being due and payable on every share held by him, whether alone or jointly with any other person, together with interest and expenses (if any). may make calls. When call deemed made. Liability of joint holders. Interest on unpaid calls. Sums payable on allotment deemed a call. Member not entitled to privileges of membership until all calls paid.