To His Honour WILLIAM MORTIMER CLARK, K. C., Lieutenant-Governor of Ontario. MAY IT PLEASE YOUR HONOUR : The undersigned has the honour to present to your Honour the Report of the Registrar of Loan Corporations for the Province of Ontario for the year ended 31st December, 1905. Respectfully submitted, J. J. FOY, Attorney-General. Toronto, 19th March, 1906. TO THE HONOURABLE J. J. Fox, K. C., M. P. P., Etc., Attorney-General, Toronto. Sir,—I have the honour to present herewith the ninth Report of the Annual Statemente made by Loan Corporations under the Act (R. 9. 0. 1897, c. 205). Prefixed to these statements will be found a copy of the official blank form. The Companies included in the Report are classified (as in the Act) into : : Loan Companies. Loaning Land Companies. Trusts Companies. The Loan Companies forming the first mentioned Class, are further subdivided into: A. Companies having only permanent stock. B. Companies having withdrawable as well as permanent stock, or having with: drawable stock only. I have the honour to be, Sir, Your obedient servant, J. HOWARD HUNTER, Registrar of Loan Corporations. PARLIAMENT BUILDINGS, Toronto, 16th March, 1906. CONTENTS. I. Loan Companies having only Permanent Stock...... II. Loan Companies having Withdrawable Stock as well as Permanent Stock, or having Withdrawable Stock only... Comparative Tables showing Liabilities, Assets, etc..... Index to Loan Corporations.. I. The Loan Corporations Act.-Clauses Relating to the Amalgamation of Loan Corporations and to the Purchase and Sale of Assets (R.S.O., 1897, c. 205, sections 40 to 49A, with amendments to 1906, inclusive,.. 359 et seq Il. The Loan Corporations Act.-Prohibitions and Penalties (R.S.O., 1897, c. 205, s. 117, with amendments to 1906, inclusive) III. Re People's Loan and Deposit Company : Judgment of Magee, J., in High Court of Justice, Ontario, February 14th, 1906 IV. Lennon v. Empire Loan and Savings Company et al : Judgment of Mere- dith, J., in High Court of Justice, Ontario, November 8th, 1905 NOTE. Registrar not to touch for sol Misrepresentation. Section 102 of The Loan Corporations Act (R.S.O. 1897, c. 205) provides as follows: 102.—(1) The Registrar shall not in any initial or renewal financial con- certiticate of registry or in any other publication, or otherveney of sny wise, vouch for the solvency or financial standing of any corcorporation. poration ; nor shall the printing of a corporation's statement in the Registrar's report, operate, or be anywise construed as a warranty of solvency. (2) No corporation shall under penalty of becoming disentitled to registry, circulate, publish, print or make any statement or representation contrary to the intent of this section ; and any auditor, officer, servant, employee or agent of the corporation who uses any such contrary statement or representation for the purpose of obtaining or transacting business shall be guilty of an offence, and shall upon summary convic tion thereof before any Police or Stipendiary Magistrate or Penalty. two Justices of the Peace having jurisdiction where the offence was committed be liable as for an offence against section 117 of this Act; and the procedure and penalty prescribed by the said section shall apply in the case of an offence committed against this section." |