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of the parent company amongst the several branches according to such apportionment; that a certificate signed by the president and secretary and under the corporate seal of the parent company, shall be evidence of such apportionment and of such assessment in all Courts; that, if under the said apportionment and assessment, sufficient sums are not obtained to satisfy the lawful demands of the creditors of the parent company and the expenses incidental to the passage of this Act and the carrying out of the business of the parent company, that the directors of the parent company be empowered to make further assessments from time to time as may be required on the same apportionment against the several branches of the parent company, and that the amount of such assessments against a branch, when so made, may be enforced by the parent company against the branch company incorporated in respect to such branch and entering into any such agreement, by action in any Court of competent jurisdiction.

(4) That the liabilities by the two preceding subsections of this Act to be assumed by any branch company entering into such agreement shall be a first charge or lien upon all the property and assets of such company (subject to any existing hypothecation of unpaid calls) and shall have priority over all other debts and obligations of such company. Such company may give to the parent company such additional security as may be deemed necessary to secure the payment of any liability which by such agreement may be assumed by such branch company.

(5) That an adjustment be made between the directors of the parent company and the directors of the branch company entering into any such agreement, of all accounts between the parent company and the branch of the parent company in respect to which such branch company shall have been incorporated, and all amounts found to be due to the parent company from such branch shall be paid by the branch company entering into such agreement, and all amounts found to be due by the parent company to such branch shall be paid to such branch company.

(6) That all the real estate or leasehold property owned by the parent company at any branch in respect to which such agreement is made shall become the property of the branch company, subject to the payment by the branch company of any mortgage, lien, rent or any charge thereon.

force when ap

ernor-in-Coun

8. Any such agreement, when so made between Agreement in the parent company and any company hereby incor- proved by Govporated or hereafter incorporated in respect to any c branch in this Province, shall, when approved by order of the Governor-in-Council, be deemed to be of the same force and effect as if enacted herein.

9.

fined.

In the schedule to this Act the expression "com- Company depany" shall also mean "branch company," and each company mentioned in said schedule shall be deemed to be incorporated in respect to the branch situate at the place where the head office of each such branch company so incorporated is located by the said schedule.

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mers' Co-opera

1. The name of the company incorporated under Truro Farthis paragraph is "The Truro Farmers' Co-operative, tive, Ltd. Ltd." The head office and chief place of business is at Truro, in the County of. Colchester. The amount of the capital stock shall be $15,000. The names, post office addresses and occupations of the incorporators and provisional directors are as follows:-R. H. Smith, Hilden, N. S., farmer; H. A. Archibald, Salmon River, N. S., commercial traveller; H. C. Archibald, Truro, N. S., manufacturer's agent; Frank Hoare, Manganese Mines, farmer; James McFetridge, Greenfield, N. S., farmer; George K. Phillips, Onslow, N. S., farmer; T. D. Mingo, Truro, N. S., farmer.

tive, Ltd.

2. The name of the company incorporated under Avon Co-opera this paragraph is "Avon Co-operative, Ltd." The head office and chief place of business is at Windsor, in the County of Hants. The amount of the capital stock shall be $50,000. The names, post office addresses and occupations of the incorporators and pro

operative, Ltd.

visional directors are as follows:-Benjamin F. Davison, Avard Woolover, Foster MacShee, William A. Bennett and H. Ernest Kendall, all of Windsor, N. S., farmers.

Springhill Co- 3. The name of the company incorporated under this paragraph is "Springhill Co-operative, Ltd." The head office and chief place of business is at Springhill, in the County of Cumberland. The amount of capital stock shall be $25,000. The names, post office addresses and occupations of the incorporators and provisional directors are as follows:-Harry Moore, Springhill, N. S., miner; R. D. Schurman, of Rodney, N. S., farmer; Kent Foster, Springhill, N. S., farmer; J. S. Price, Springhill, N. S., miner: F. A. Rushton, Springhill, N. S., farmer.

Nova Scotia
Cooperative
Ltd., No. 1.

Farmers Cooperative, Ltd.

People's Co

4. The name of the company incorporated under this paragraph is "Nova Scotia Co-operative, Ltd., No. 1." The head office and chief place of business is at Tatamagouche, in the County of Colchester. The amount of the capital stock shall be $15,000. The names, post office addresses and occupations of the incorporators and provisional directors are as follows:H. B. Cock, J. W. Whidden, George MacDonald, James MacKay, Gordon Mathison, all of Tatamagouche, N. S., farmers, and J. M. MacKay, Waugh's River, N. S., farmer.

5. The name of the company incorporated under this paragraph is "Farmers' Co-operative, Ltd." The head office and chief place of business is at Amherst, in the County of Cumberland. The amount of the capital stock shall be $19,000. The names, post office addresses and occupations of the incorporators and provisional directors are as follows:-D. A. Higgins, Edgar Shipley, David W. Bacon, all of Amherst, N. S., farmers.

6. The name of the company incorporated under operative, Ltd. this paragraph is "The People's Co-operative, Ltd." The head office and chief place of business is at Antigonish. The amount of capital stock shall be $25,000. The names, post office addresses and occupations of the incorporators and provisional directors are as fol

lows:-Reverend Dr. Hugh MacPherson, Antigonish, N. S., clergyman; D. A. MacIsaac, Antigonish, N. S., veterinary surgeon; James Thompson, Cloverville, N. S., farmer.

CHAPTER 125.

An Act to Incorporate Masonic Building, Limited.

(Passed the 13th day of April, A. D. 1922.)

Be it enacted by the Governor, Council, and Assembly, as follows:

1. George C. McDougall, druggist; Ashford E. H. Incorporation. Chesley, accountant; James Bryden, bank manager; Max L. DeLong, train despatcher; A. Gordon Embree, manager; Charles S. Silver, hotel keeper; Laurie Ells, train master; J. Graham Johnson, architect, and Stanley Craze, fruit exporter, all of Kentville, in the County of Kings, and such persons as shall become shareholders of the company hereby incorporated under the rules, regulations and by-laws thereof, are hereby constituted a body corporate under the name of "Masonic Building, Limited," hereinafter called the Company.

2. The objects, aims and purposes of the Company objects, aim■ shall embrace the following:

(a) the erection and equipment of such buildings as may seem necessary, suitable or desirable for the attainment, accomplishment and successful carrying out of the general objects, aims and purposes of the Company, and to include shops, dwellings, public hall and other premises for the benefit of said Company;

(b) the organization of a company mainly designed for the promotion of fraternalism, charity and social virtues, and generally for the mental and moral benefit of the members of the Masonic Order, for their mutual improvement and welfare.

and purposes.

May acquire and hold property.

Negotiable instruments.

May sue for and collect

etc.

3. The Company may purchase, lease, acquire and hold real and personal property to the value of twentyfive thousand dollars ($25,000) and may lease, rent, mortgage, sell and otherwise dispose of the same in the same way and to the same extent as private individuals may deal with their own property in the Province of Nova Scotia.

4. The Company may sue or be sued or may enter into any manner of contract or agreement and may make, accept, indorse and become parties to cheques, promissory notes, bills of exchange and any negotiable instruments whatsoever without using thereto the corporate seal, and the name of the Company may be subscribed thereto or written thereon by the President and Secretary for the time being, or by any officer thereunto authorized by any by-law, regulation or resolution of the Company in that regard, or by any officer thereunto authorized by vote of the directors.

5. The Company is hereby empowered to sue for subscriptions, and collect all subscriptions, assessments and all other moneys and accounts that may become due to the Company before or after the passing of this Act, and the same shall be due and payable at the time fixed by and according to the terms of the by-laws of the Company.

May issue stock.

By-laws, rules and regulations

6. To facilitate the erection and equipment of suitable building or buildings for the purposes of the Company, or for any purposes incidental thereto, the Company may issue stock to any amount not exceeding twenty-five thousand dollars ($25,000), which shall bear interest at a rate not to exceed six per centum per annum, and such stock or shares shall, subject to prior encumbrances previously registered, be a first lien upon all the real and personal property of the Company until discharged by payment.

7. The Company shall have power and authority to make by-laws, rules and regulations, relating to its objects, aims and purposes and for any purposes incidental thereto, and all by-laws that may be made in accordance with this Act and not contrary to any laws

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