Deep

Just a small correction, anyone can have as many Debentures as they wish but are only allowed a maximum of 25,000 votes. This was introduced as you say to stop one person having control over the Club, this worked for a number of years, however this is now being avoided by Debentures being transferred to or bought in other family names ie Son, Wife, Sister etc still giving one person/family control over the club

Just a small correction, anyone can have as many Debentures as they wish but are only allowed 25,000 votes. This as you say was introduced to