times and places as they or a majority of them shall think expedient, and after giving two week's notice thereof in one or more newspapers published in the City of Montreal,-upon which Stock books. stock books shall be recorded the subscriptions of such persons as shall desire to become shareholders in the said Bank; and such books shall be kept open at the discretion of the said Provisional Directors or a majority of them, so long as they shall deem neces sary. 4. Whenever five hundred thousand dollars of the capital stock First general meeting of of the said Bank shall have been subscribed, and one hundred shareholders. thousand dollars thereof shall have been bona fide paid into some of the present chartered banks of Canada, it shall be lawful for the said Provisional Directors or a majority of them, after giving three week's notice in one or more newspapers published in the said City of Montreal, to call a public meeting of the shareholders, to be held at such place in the said City of Montreal, as shall be mentioned in such notice, for the purpose of electing Directors and for other purposes connected with the said Bank; and it shall be lawful at such meeting to elect the requisite num- Election of ber of Directors of the said Bank, and thereupon the duties of the directors. Provisional Directors shall cease; and the Bank may thereupon issue its notes and carry on business: Provided that if less than Proviso. two hundred thousand dollars shall then have been paid in upon such stock in manner aforesaid, such further sum as shall be required to make up the sum of two hundred thousand dollars shall be called in and paid up within two years thereafter. directors. 5. The number of Directors of the said Bank shall be seven, Number of subject to be increased or diminished, from time to time, by by-law to be passed as provided in the twenty-eighth section of the Act of the Parliament of Canada, passed in the thirty-fourth year of 34 V.c.5. Her Majesty's reign, intituled: "An Act relating to Banks and Banking." 6. The said Act and all the provisions thereof shall apply to 34 V.c. 5, to apply. the Bank hereby incorporated in the same manner as if the same were expressly incorporated in this Act, except in so far as such Exception. provisions relate specially to hanks in existence before the passing thereof or to banks en commandite or are inconsistent with this Act. within 12 7. The said Bank shall obtain from the Treasury Board, within Bank must obtain Treastwelve months from and after the passing of this Act, the certifiury Board cate required by section seven of the said " Act relating to Banks certificate and Banking," passed in the thirty-fourth year of Her Majesty's months. reign, chapter five; in default of which this Act shall become and be null and void and of no effect; and the charter hereby granted and all and every the rights and privileges hereby conferred shall be forfeited. 8. This Act shall remain in force until the first day of July, in Duration of the year of Our Lord one thousand eight hundred and eighty-one. Act. CHAP. Pream Certain persons incorporated. Corporate name and chief office. Capital stock Stook books W1 CHAP. 76. An Act to incorporate the Pictou Bank, [Assented to 23rd May, 1873.] HEREAS John Crerar, John T. Ives, Wm. Gordon, A. J. Patterson, Robert Doull, Jeffrey McCole, Robert McNeil, John A. Dawson, Roderick McKenzie, J. R. Noonan and others have, by their petition, prayed that they might be incorporated for the purpose of establishing a bank in the Town of Pictou, in the Province of Nova Scotia; and whereas it is desirable to grant the prayer of their petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: 1. John Crerar, John T. Ives, Wm. Gordon, A. J. Patterson, Robert Doull, Jeffrey McCole, Robert McNeil, John A. Dawson, Roderick McKenzie, J. R. Noonan and such other persons as may become shareholders in the corporation to be by this Act created and their assigns shall be and they are hereby created, constituted and declared to be a corporation, body corporate and politic, by the name of "The Pictou Bank;" and the chief office of the Bank shall be in Pictou, in the Province of Nova Scotia. 2. The capital stock of the said Bank shall be five hundred thousand dollars of lawful money of Canada, divided into five thousand shares of one hundred dollars each. 3. For the purpose of raising the amount of the said capital maybe opened. stock the persons above named may cause stock books to be opened at such times and places as they may deem expedient, and, after giving public notice thereof, may receive subscriptions for such First meeting stock; and as soon as the said stock shall be subscribed, and at of shareholders. E ection of Provise. Bank to be subject to general regu lations made by Parliament. Bank must least one hundred thousand dollars thereof paid in, a meeting of such subscribers shall in like manner be called at such place in the said Town of Pictou as may be deemed convenient, for the election of Directors and for the organization of the Bank; and such election shall be made then and there by a majority of shares voted upon, by ballot: Provided, that at least one hundred thousand dollars shall be paid up in addition within two years from the date when the Bank commenced business. 4. The Bank shall be subject to any general regulations respecting banking now in force or which may hereafter be made by the Parliament of Canada; and shall have such powers and privileges as may be conferred by such regulations. 5. The said Bank shall obtain from the Treasury Board, within obtain Trea- twelve months from and after the passing of this Act, the certificate required by section seven of the " Act relating to Banks and Banking," passed in the thirty-fourth year of Her Majesty reign, sury Board certificate within 12 ionths. chapter chapter five, in default of which this Act shall become and be null and void and of no effect; and the charter hereby granted and all and every the rights and privileges hereby conferred, shall be forfeited. 6. This Act shall remain in force until the first day of July, in Duration of the year of Our Lord one thousand eight hundred and eighty-one. Act. CHAP. 77. An Act to incorporate "La Banque de St. Hyacinthe." [Assented to 23rd May, 1873.] WHEREAS Pierre Bachand, Esq., M. P. P., Francois Xavier Preamble. Cadieux, Esq., the Hon. M. Laframboise, the Hon. Wil liam Henry Chaffers, George Casimir Dessaulles, Esq., Louis Marchand, Esq., Joseph Barsalou, Esq., Romuald St. Jacques, Esq., Francois Cadoret, Esq., and Guillaume Cheval, Esq., by their petition, have prayed that they may be incorporated for the purpose of establishing a bank in the City of St. Hyacinth, Province of Quebec; and it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: sons incorpor 1. The said Pierre Bachand, Francois Xavier Cadieux, the Hon Certain perM. Laframboise, the Hon. William Henry Chaffers, George Casimir ated. Dessaulles, Louis Marchand, Joseph Barsalou, Romuald St. Jacques, Francois Cadoret, Guillaume Cheval and Louis Delorme Esq., M.P., Rémy Raymond, Esq., Eucher B. Dufort, Esq., Victor Coté, Esq., Pierre Euclide Roy, Esq., Charles St. Jacques, Esq., and Jacques Franchère, Esq., and such others as shall become shareholders in the corporation hereby created and their respective executors, administrators and assigns shall be and they are hereby constituted and declared to be a corporation, body corporate and politic, in fact, by and under the corporate name of "La Banque de St. Hy- Corporate acinthe;" and as such shall have perpetual succession and a com- name and mon seal,-with power to break, change and alter the same at general powers pleasure; and also with all other powers incident to and necessary for the purposes hereinafter declared. office. 2. The capital stock of the said Bank shall be five hundred Capital stock, thousand dollars, divided into five thousand shares of one hundred and chief dollars each; which said shares shall be and are hereby vested in the several persons who shall subscribe for the same, their heirs, legal representatives and assigns; and its chief office shall be in the City of St. Hyacinth. 3. The said persons above named in the first section of this Provisional Act shall be Provisional Directors for the purpose of organizing Directors. the said Bank; and they or a majority of them may elect a chairman and a vice-chairman, and cause stock books to be opened, at such such times and places as they or a majority of them shall think expedient, after first giving two weeks' notice thereof in one or more newspapers published in the City of St. Hyacinth; upon which stock books shall be recorded the subscriptions of such tock books. persons as shall desire to become shareholders in the said Bank; Firs meeting of Share holders. Election of Proviso. Number of 34 V., c. 5 to apply. Exception. Bank must ob cate within 12 months. and such books shall be kept open at the discretion of the said Provisional Directors or a majority of them so long as they shall deem necessary, at St. Hyacinth or elsewhere. 4. Whenever the capital stock of the said Bank shall have been subscribed, and one hundred thousand dollars thereof shall have been bona fide paid into some one of the present chartered banks of Canada, it shall be lawful for the said Provisional Directors, or a majority of them, after giving three weeks' notice in one or more newspapers published in the said City of St. Hyacinth in the English and French languages, to call a public meeting of the shareholders, to be held at such place in the said City of St. Hyacinth, as shall be mentioned in such notice, for the purpose of electing Directors, and for other purposes connected with the said Bank. And it shall be lawful at such meeting to elect the requisite number of Directors of the said Bank; and thereupon the duties of the Provisional Directors shall cease; and the Bank may thereupon issue its notes and carry on business: Provided that if less than two hundred thousand dollars shall have been paid in upon such stock in manner aforesaid, such further sum as shall be required to make up the sum of two hundred thousand dollars shall be called in and paid up within two years thereof. 5. The number of Directors of the said Bank shall be nine, subject to be diminished or increased from time to time by bylaw, to be passed as provided in the twenty-eighth section of the Act of the Parliament of Canada, passed in the thirty-fourth year of Her Majesty's reign, intituled "An Act relating to Banks and Banking." 6. The said Act and all the provisions thereof shall apply to the Bank hereby incorporated in the same manner as if the same were expressly incorporated with this Act, except in so far as such provisions relate specially to banks in existence before the passing thereof or to banks en commandite or are inconsistent with this Act. 7. The said Bank shall obtain from the Treasury Board within tain Treasury twelve months from and after the passing of this Act, the certifiBoard Certificate required by section seven of the said "Act relating to Banks and Banking," passed in the thirty-fourth year of Her Majesty's reign, chapter five; in default of which this Act shall become and be null and void and of no effect; and the charter hereby granted, and all and every the rights and privileges hereby conferred shall be forfeited. Duration of 8. This Act shall remain in force until the first day of July, in the year of Our Lord one thousand eight hundred and eighty one. CHAP. CHAP. 78. An Act to incorporate the Central Bank of Canada. W [Assented to 23rd May, 1873.] HEREAS the persons hereinafter mentioned and others have, Preamble. by their petition, prayed that they might be incorporated for the purpose of establishing a bank in the City of Montreal, in the Province of Quebec; and whereas it is desirable to grant the prayer of their petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: 1 1. Alexander M. Foster, Honorable Charles Wilson, Thomas M. Incorporation. Taylor, Benjamin Lyman, Samuel H. May, James Baylis, Edward T. Taylor and all such other persons as may become shareholders in the corporation to be by this Act created, and their assigns shall be and they are hereby created, constituted and declared to be a corporation, body corporate and politic, by the name of "The Corporate Central Bank of Canada." name. 2. The capital stock of the said Bank shall be one million of Capital stock. dollars, divided into ten thousand shares of one hundred dollars each; which said shares shall be and are hereby vested in the several persons who shall subscribe for the same, their heirs, legal representatives and assigns. their powers. Stock books. holders. 3. For the organization of the said Bank and for the raising of Provisional the amount of the said capital stock, the persons herein before Directors and mentioned shall be Provisional Directors thereof; and they or the majority of them, may cause stock books to be opened after public notice thereof has been given,-upon which stock books shall and may be received and inscribed the signatures and subscriptions of such parties or persons as desire to become shareholders in the said Bank; and such stock books aforesaid shall be opened at Montreal aforesaid and elsewhere, at the discretion of the Provisional Directors, and shall be kept and remain open so long as they shall deem necessary; and so soon as five hundred First meeting thousand dollars of the capital stock shall have been subscribed of shareupon the stock books aforesaid, and one hundred thousand dollars thereof actually paid into some one of the chartered banks doing the business of banking in Canada, a public meeting shall be called of the subscribers thereof, by notice published in two newspapers of the said City of Montreal during at least two weeks, such meeting to be held in Montreal aforesaid, at such time as such notice shall indicate and specify; and at such meet- Election of ing the subscribers shall proceed to elect seven directors, having the directors. requisite stock qualification, who shall from thenceforward direct the affairs of the said corporation, shall assume the charge of the stock books herein before referred to, and shall remain in office until the second Tuesday in June, which shall be in the year next after |