1. The problem asks to calculate the number of votes held by members given the allocation of shares: 1 500 shares with a par value of 50c each. 2. Generally, in company voting, each share typically equals one vote, unless otherwise specified. 3. Since the par value of 50c does not affect the number of votes directly, the number of votes equals the number of shares. 4. Therefore, the number of votes held is simply 1 500. 5. Comparing with the options given, the correct answer is B. 1 500.