Слике страница
PDF
ePub

Canada: Provided that nothing done by virtue or under authority Proviso. of this Act in the mean time, and before such legislation or the passage of such general Act, shall be thereby prejudiced.

SCHEDULE A.

FREEHOLD LOAN AND SAVINGS COMPANY.

Debenture No.

Transferable

Under the authority of an Act of the Parliament of Canada
Vict., Chap.

The President and Directors of the Freehold Loan and Savings
Company promise to pay to

of

day of

or bearer, the sum dollars on the

COUPON.

FREEHOLD LOAN AND SAVINGS

our Lord one thousand eight

hundred and

[merged small][ocr errors]

year

of

No. 1.

at

[ocr errors]

lof

18

the

COMPANY.

the Treasurer's office here, Half yearly dividend due

with interest at the rate of

per cent. per annum, to

be paid half yearly on presentation of the proper cou

lat

[ocr errors][merged small]

on Debenture No.

issued by this Company on

day of

18

[ocr errors]

for $

per cent. per annum, payable

pon for the same as hereunto at the office of the Treasurer, Toronto, (or at the Company's Agent's London).

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small]

For the President and Directors of the Freehold Loan and

Savings Company.

C. D.,

Secretary.

A. B.

ОНАР.

Preamble.

Certain rights and powers vested in the Company.

Corporate

name.

When business may be commenced.

Business of
Company

Purchase and disposal of land, &c.

Proviso.

CHAP. 105.

An Act to incorporate "The Glasgow Canadian Land and
Trust Company, (Limited)."

[Assented to 23rd May, 1873.]

WHEREAS "The Glasgow Canadian Land and Trust Com

pany, (Limited)," have, by their petition, rep esented that they have been organized and established with limited liability in accordance with the provisions of "The Companies ects, eighteer hundred and sixty-two and eighteen hundred and sixty-seven, passed by the Imperial Parliament, as a public company and corporate body for the purposes stated in their memorandum of association, with a capital of two hundred and fifty thousand pounds sterling money, divided into twenty-five thousand shares of ten pounds each; that the memorandum and articles of association were duly registered as required by "The Companies Acts, eighteen hundred and sixty-two and eighteen hundred and sixtyseven," on the thirtieth day of January eighteen hundred and seventy-three; and that the said petitioners are desirous that an Act should be passed to vest in the said petitioners all the powers contained in the said memorandum and articles of association throughout the Dominion of Canada; and whereas it is expedient to grant their prayer to the extent hereinafter mentioned: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

1. All such persons as now are or hereafter shall become members of the said Company and their respective, executors. administrators and assigns shall be and are hereby constituted a body corporate and politic by and under the name and style of "The Glasgow Canadian Land and Trust Company, (Limited)," with full authority to exercise all the rights, powers and privileges within and throughout the Dominion of Canada hereinafter mentioned.

2. So soon as the sum of one hundred thousand dollars currency shall be actually paid in, upon the capital stock of the said Company, the said Company shall be entitled to exercise the rights, powers and privileges herein conferred.

3. The powers hereby conferred on the said Company are the following:

1. The purchasing, leasing or otherwise acquiring lands, tenements, buildings, works or other real estate, mining property and mines, minerals and ores in any part of the Dominion of Canada, and the selling, mortgaging or otherwise disposing thereof: Provided always that the Company shall not have power to lease to others any lands or houses for agricultural purposes, nor to acquire any lands, tenements or buildings, works or other real estate in

any

any of the Provinces of the Dominion, except Quebec and Manitoba, for any other than mining purposes; nor shall they acquire a greater quantity of land in either of the said Provinces of Quebec and Manitoba than fifty thousand acres ;

2. The excavating, raising and working the minerals and ores Mining. found in and upon the said lands, or which may be separately acquired, the treating, converting, and preparing the said minerals and ores, and for that purpose the acquiring and using any patented method or other process, and the selling and disposing of the products;

works.

3. The acquiring, establishing and erecting of furnaces, build- Erection of ings, works and machinery, the making, providing, acquiring, leasing and workiug of railways, tramways or other roads necessary for carrying out the above objects;

4. The borrowing money upon debentures or otherwise, and the Issue of deissuing of debentures to an amount not exceeding two-thirds of bentures. the capital from time to time paid up;

5. The lending out money upon mortgages over lands, buildings, Lending on tenements, works or other real or personal estate in the Dominion mortgage, &c. of Canada, and making advances and giving credit, and negotiating loans of all kinds;

of officials.

6. The appointment of commissioners, attorneys, trustees or Appointment other officials for carrying out the objects of the Company abroad, and the establishment of agencies both at home and abroad for the purposes of the Company;

&c.

7. The entering into and completing all conveyances, leases, Entering into agreements, contracts and writings of every description, and the agreements, doing of all such other things as shall be conducive or may be incidental to or connected with any of the above objects.

4. The liability of the shareholders of the Company shall be Liability limited to the amount of their unpaid stock.

limited.

5. The capital of the Company is two hundred and fifty thou- Capital. sand pounds sterling, divided into twenty-five thousand shares of ten pounds each; and it shall be lawful for the said Company to increase its capital stock to such sum not exceeding one million Increase of pounds sterling, as a majority of the shareholders, at a meeting to capital. be specially convened for that purpose, shall agree upon.

6. Every deed or instrument to which the seal of the corpora- Execution of tion is required to be affixed, shall be signed by two Directors and deeds. by the Manager or Secretary duly authorized by the Directors to that effect, and such deeds and instruments so executed in Glasgow shall be prima facie evidence in all courts in Canada of the contents thereto; and all deeds or instruments may be validly executed in any part of Canada, for and in the name and on behalf of the

Appointment of local Managers.

Service of process.

Annual statement to be

transmitted to Minister of Finance.

Returns to
Parliament.

said Company, by any person or persons thereto authorized by power of attorney under the seal of the Company,signed by at least two of the Directors and the Secretary of the said Company.

7. The said Company shall appoint a local Manager in any of the Provinces of the Dominion wherein it may carry on business, by power of attorney to be deposited in the office of the Secretary of State; and in any suit or legal proceeding taken against the said Company in any of the Provinces, process may be served at the office of the local Manager for the said Province, or upon such local Manager personally.

8. The Company shall transmit annually to the office of the Minister of Finance a statement in duplicate, verified by the oath of the President, Secretary or Manager of the Company, or of any person cognizant of the facts setting forth the amount of capital or increased capital of the said Company by or under the provisions of this Act authorized or agreed upon, the amount of such capital subscribed, the amount of capital paid up and the number and amount of debentures issued by the Company, every such statement to be transmitted in the course of the month of January and to be made up to the thirty-first day of December then last; and the said Company shall also, at all times when thereunto required by the Governor or by either House of Parliament, make a full return of their property for such period and with such details and other information as the Governor or either House of Parliament may require.

Preamble.

CHAP. 106.

An Act to incorporate The Canada Investment and
Guarantee Agency.

[Assented to 23rd May, 1873.]

WHEREAS, the persons hereinafter named have, by their

petition, prayed that they may be incorporated as a Company, under the title of the Canada Investment and Guarantee Agency, having for its object the guaranteeing of mercantile transactions of all kinds, bills of exchange, promissory notes. credits, accounts and loans, public and private securities; also, the purchase and dealing in the same; the borrowing and lending of money; the purchase and dealing in public stocks and securities, also in bonds, stocks and debentures of corporate bodies; the receiving and holding property in trust and exercising the office of trustees, and acting as agents for the investment of money and otherwise; and whereas it is expedient to grant the prayer of their said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

porated.

1. Hon. Henry Starnes, Hon. John Joseph Caldwell Abio, Certain Adolphe Roy, Jackson Rae, Peter McEwan, R. A. Campbell, A. persons incorA. Trottier, John Rollo Middlemiss, E. Chaplin, Nelson Davis, of Montreal, James K. Kerr, of Toronto, and all other and every person and persons, body and bodies politic as shall from time to time be possessed of any share or shares in the undertaking hereby authorized to be carried on shall be united into a company, acc. rding to the powers and authorities, rules, orders and regulatio s hereinafter set forth or referred to, and shall be one body polite and corporate, by the name of the "Canada Investment and u srantee Agency;" and by that name shall have perpetual success name and gen? : and a common seal,-with power to break and alter such acal; and by that name may sue and be sued, plead and be imploaded, in ail courts, whether of law or equity, whatsoever.

Corporate

eral powers.

Provisional

hold office

2. The said above-named persons shall be Provisional Di of the Company, and shall hold office as such until Director of Directors to the Company are elected as hereinafter provided; and during unclection time said Provisional Directors shall so hold office they shade of Directors. vested with the full powers, in every respect, of ordinary Directors. The Company are hereby empowered to execute any contract powers and by way of guarantee, indemnity or suretyship which a private business of the individual may make, including the guaranteeing by endorsemt..5 Company. or otherwise of the due payment of bills of exchange, promisso. Guaranteeing notes, credits, accounts and loans, and the due performance of mercantile transactions of all kinds; they may take, receive, Taking accept and hold any security or indemnity, real or personal, security against loss or injury from any guarantee or transaction hereby authorized, which a private individual may take, receive and hold; they may also make loans and advances on their own account on Borrowing collateral securities of all kinds either real or personal, and, in the and lending prosecution of such business and transactions, may borrow and loan, pay, advance and receive money, receive and hold property of all kinds in pledge and trust; they may, subject to the provi- Taking m sions specified hereafter, acquire mortgages and hypothecs upon gage or r and acquire, sell and convey real estate; may also, to secure any ta advance or guarantee they may make, acquire and holl security upon any ship or vessel while building and when completed, either by way of mortgage, hypothec, hypothecation, privilege or lien thereon, or purchase or transfer thereof in the same manner, with the same rights and subject to the same liabilities as individuals have in the Province wherein such contract is entered into; they may also act as agents, brokers, and trustees for any person Actin whomsoever and may as such borrow and lend, or otherwise in- agent vest in their own name, money's on security or otherwise, hold, sell, transfer and deal in valuable securities, evidences of debt and property of all kinds both real and personal, such as shall, from time to time, be delivered to them as such agents, and may exercise all the rights which the parties so transferring or delivering the same might or could exercise; and the Company may give such guaran- Giv too as may be agreed on for repayment of principal or interest, or sec Doth, of any such moneys, mortgages, hypothecs, securities or evidences of debt: Provided that the Company shall not invest Pr

27

their

estate, ve

orteal

ssels,

598
, &e.

ing arity.

aviso.

« ПретходнаНастави »