limited by guarantee, for the purpose o f undertaking
indemnity insurance o f solicitors against liability
by negligence. The matter was considered by a
Committee o f the Council with a view to seeing
whether it is a practical proposition. Obviously,
unless the Society could provide better facilities and
cheaper insurance than Lloyds Underwriters, who
undertake most o f the work at present, it would
hardly be worth while going to the trouble of
setting up a scheme. Something would have to be
known about the present claims experience in con
nection with solicitors’ indemnity insurance in
order to make an estimate o f the risk involved. It
would probably be necessary to form a company,
limited by guarantee, and to make each insured
solicitor a member o f the company, and to obtain
guarantees o f a specified sum in the nature o f un
called capital in the event o f the winding up o f the
company. This uncalled capital would be necessary
to provide against the risk o f heavy claims in the
early years o f the scheme before the fund had reached
a sufficiently strong position. On reviewing the
whole matter and the riskes involved, it was decided
to postpone it generally without rejecting it.
If at any time there is widespread dissatisfaction
amongst solicitors as to the existing Insurance
facilities the matter can be re-considefed. It should
be said, however, that although there have been
individual complaints there is no evidence that the
profession, as a whole, is dissatisfied with the
present facilities provided for insurance against
liability for negligence.
S
olicitors
’ B
enevolent
A
ssociation
:
Before ending my remarks I should like to urgee
all members who are not members o f the Solicitors’
Benevolent Association to join the Association with
out delay. In a profession such as ours, whose
members are exposed to the various risks o f ill-
health and the other calamities which affect man
kind, there are bound to be cases in which our less
fortunate brethren are in need o f our assistance. I f
you were only present at the monthly meetings of
the Directors o f the Association, you would indeed
hear of sad cases in which solicitors themselves and
their widows and dependants, through no fault of
their own, have fallen upon necessitous days. I
regret to say that only about half o f the solicitors in
the country subscribe the annual guinea to become
members o f the association. I would appeal to you
all, not alone to join yourselves if you are not
already members, but to ask your colleagues to join.
TheAssociation was founded in 1863, and extends to
the whole 32 counties o f Ireland, relieving cases
which come before it from both sides o f the Border.
It is our only professional charity and deserves your
support, not alone your own financial support, but
your influence, if ever asked by a Client to suggest a
worthy object o f benefaction.
Before I close I would like to thank most sincerely
the Vice-Presidents and my colleagues on the
Council, who have given me such loyal support
during my term o f Office as President. I had the
advantage o f two young and active Vice-Presidents
who took a great deal o f the work off my shoulders,
and I could not ask for a better Council. I have also
to thank you, Ladies and Gentlemen, for coming here
to-day, and for the patience with which you listened
to me. I move the adoption o f the Report. Mr.
James J. O’Connor seconded the motion for the
adoption o f the Report which was put to the
meeting and unanimously adopted.
The following motionwas proposed by Mr. Joseph
Barrett and seconded by Mr. F. J. Gearty : “ That
the following persons be appointed to be members
of the Nominating Committee for the Cultural
and Educational Panel pursuant to Section 22
of the Seanad Electoral (Panel Members’) Act,
1947, and that all necessary steps be taken to give
effect thereto, and that the seal o f the Society be
affixed to all necessary documents : Patrick R. Boyd ;
Arthur C o x ; William J. Norman; Patrick F.
O’Reilly; Sean O hUadhaigh. The motion was
put to, the meeting and passed unanimously.
It was unanimously resolved that an Ordinary
General Meeting of the Society should be held
on 22nd November, 1951.
Mr. Desmond Moran then proposed the following
motion: “ That on the occasion of the pending
retirement o f the Librarian, Mr. Thomas B. Cooley,
it is fitting that the Society in General Meeting
should record their deep appreciation and thanks
for the manner in which he has discharged the
duties o f his Office for so many years and the
courteous and efficient way in which he has always
assisted members o f this Society using the Library,
and their regret at losing his services as Librarian.”
The motion was seconded by the Chairman
and carried with acclamation.
Mr. Noel Reid addressed the meeting on the
subject o f Law Reform. The President stated that
a resolution o f this Society stressing the importance
of this matter had been sent to the Department
of Justice in 1943.
Mr. Desmond Moran addressed the meeting
on the subject o f the formation of. a Company
to carry on mutual insurance o f solicitors against
liability for negligence. He also stressed that the
Council should urge upon the authorities the
necessity o f providing funds for the publication
of legal text-books.
The President stated that
these matters would be considered by the Council.
39