| Upon  a dissolution no member to receive profit 14. If  upon the dissolution of any society registered under this Act there shall  remain, after the satisfaction of all its debts and liabilities, any property  whatsoever, the same shall not be paid to or distributed among the members of  the said society or any of them, but shall be given to some other society, to be  determined by the votes of not less than three-fifths of the members present  personally or by proxy at the time of the dissolution, or in default thereof, by  such court as aforesaid : Clause  not to apply to joint-stock companies : Provided, however,  that this clause shall not apply to any society which shall have been founded or  established by the contributions of share-holders in the nature of a joint-stock  company. 
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