of the Province of Nova Scotia shall, when approved by the Governor-in-Council, have the force of law until repealed. 8. The capital stock of the Company shall be Capital stock. twenty-five thousand dollars ($25,000) divided into two hundred and fifty shares of the par value of one hundred dollars ($100) each. The stock shall be sold, allotted or distributed to such extent and in such manner as the directors determine in accordance with this Act, but no person shall be a shareholder in the said Company unless he is a Master Mason in good standing as a member of a duly constituted Lodge of Master Masons; provided, however, that Kentville Lodge, No. 58, may by resolution purchase, take, acquire and hold stock in the said Company. ceasing to be death of share 9. In the event of any shareholder of the Company Shareholder ceasing to be a Master Mason in good standing in any master mason; regularly constituted Lodge of Masons, or in the event holder. of the death of any shareholder, the stock held by such shareholder shall forthwith revert to the Company, in trust, under the control of the directors of the Company and may at any time be transferred and vested in any such other Master Mason as the directors may allot or direct upon payment or tender to the said member so ceasing to be a Master Mason, or to the heirs, executors or administrators of any deceased shareholder, of the amount paid for such stock, together with any accrued dividends payable in respect thereof at the time of said transfer. 10. No director, officer or member of the Com-Limited liabi pany shall be personally liable for any of its debts, lity. liabilities or obligations to a greater amount in the whole than the amount of stock for which he has subscribed (deducting therefrom any sum or sums he may have paid on such stock) unless he shall have become surety for the Company or otherwise assumed its obligations; but any person who has transferred his interest in the capital stock shall not thereby avoid liability thereon for debts incurred before the transfer, provided an action or suit in respect thereof is brought within six months from the time of the transfer. Seal. Provisional directors. First annual meeting. 11. The Company shall have a corporate seal and shall have power and authority by its proper officers to make and execute any deed, mortgage, lease or other conveyance of real or personal estate that may be held by the Company. 12. The persons named in the first section of this Act and such persons as they may associate in writing with them, are constituted provisional directors of the Company, and shall hold office as such until the first annual meeting, which may be called at any time and place and upon such reasonable notice as they may dedetermine; and until such annual meeting, said provisional directors shall have power to open the stock subscription list, and to assign and allot stock of the Company and exercise all the power of ordinary directors under the provisions of this Act. 13. The first annual meeting shall be held within twelve months after the passing of this Act. Lands and terests vestend. CHAPTER 126. An Act Respecting the Lands of Nova Scotia Timber (Passed the 29th day of April, A. D. 1922.) Be it enacted by the Governor, Council, and Assembly, as follows: 1. The lands and interests in lands described in the following conveyances to Nova Scotia Timber Lands Company, Limited, namely,— Deed dated October 31st, 1921, from George O. Hankinson and wife, recorded in the office of the Registrar of Deeds at Weymouth, in the County of Digby, in Book 128, at pages 136-141, inclusive; Deed dated 29th October, 1921, from H. Tupper Warne and wife, recorded in the office of the Registrar of Deeds at Weymouth aforesaid in Book 128, at pages 126-128, inclusive; Deed dated 18th October, 1921, from E. B. Sullivan and wife, recorded in the office of the Registrar of Deeds at Weymouth aforesaid in Book 128, at pages 117-119, inclusive; Deed dated 10th October, 1921, from Ezra Gray and wife, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. O., at page 890; Deed dated 22nd October, 1921, from Mary Guild and husband, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. O. at page 885; Deed dated 10th October, 1921, from Allen M. Gates and wife, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. P. at page 895; Deed dated 10th October, 1921, from Allen M. Gates and wife, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. P., at page 896; Deed dated 24th October, 1921, from Harry E. Hill and wife, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. O. at page 883; Deed dated 22nd October, 1921, from Freda McGrath, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. O., at page 888; Deed dated 26th October, 1921, from John Burrell and wife, recorded in the office of the Registrar of Deeds at Yarmouth in Book D. P., at page 879; Deed dated the 10th day of May, 1921, from Fraser Pulp & Lumber Company, Limited, recorded in the office of the Registrar of Deeds at Weymouth, in the County of Digby, in Book 126, and also recorded in the office of the Registrar of Deeds at Yarmouth in Book D. P., pages 441-514, inclusive, are hereby declared to be vested in the Nova Scotia Timber lands Company, Limited. Incorporation. Corporation empowered to CHAPTER 127. An Act to Incorporate Pine Grove Cemetery Company of Raynardton, in the County of Yarmouth. (Passed the 29th day of April, A. D. 1922.) Be it enacted by the Governor, Council, and Assembly, as follows: 1. Charles K. Hurlburt, Job M. Raynard, Abijah C. Hurlburt, Charles O. Raynard, Jacob A. Raynard, John Bullerwell, W. Chase Hatfield, Annie B. Gavel, Annie B. Raynard, Isaac S. Hatfield, Charles G. Andrews, Amos H. Hurlburt, Abel C. Andrews, Mary E. Wearne, Rebecca B. Cossett, George W. Raynard, Herbert N. Raynard, Henry Andrews, W. H. Andrews, Joel Andrews, David I. Marling, Byron Hatfield, John V. N. Hatfield, Herbert Noris Raynard, William H. Raynard and George Fraser Gavel, their associates, successors and assigns, are hereby created a body corporate by the name of "Pine Grove Cemetery Company" for the purpose of receiving, conducting and managing the cemetery situate at Raynardton. in the County of Yarmouth. 2. The said corporation is hereby authorized and take possesion empowered to take possession of the said cemetery, grounds, lands and premises, situate at Raynardton aforesaid, the same being bounded and described as follows, viz.: of lands described. Beginning on the northwestern side of the Main Road which leads from Gavel's Bridge to Kempt Road at a stake on the southern line of land formerly of Job Hurlburt and Albert Hurlburt; thence by said line north forty-seven degrees west sixteen rods; thence north fifty-nine degrees east twenty-six rods and six links; thence south thirty-one degrees east to said Main Road; thence southwardly by said road to the place of beginning, containing two acres and forty square rods, with all the privileges and appurtenances thereto belonging. 2. Said cemetery grounds, lands and premises are hereby vested in the said corporation for the purposes of this Act, and the said corporation is hereby authorized to take such measures as may be necessary for the proper care, keeping, protecting, improving and ornamenting said cemtery, and the said corporation is hereby authorized and empowered to maintain and conduct a cemetery at Raynardton, aforesaid. lands. 3. The corporation shall have power to purchase, May acquire receive, take and hold other real estate and enclose, improve, use, protect, ornament and sell the same for the purposes of this Act. 4. The said corporation shall consist of the trus- who compose tees and other lot holders, and the heirs or legal repre- corporation. sentatives of any deceased lot holder, and also of all persons who may hereafter become lot holders and their heirs or legal representatives. 5. The corporation may sue or be sued in its cor- May sue or be porate name, and may prosecute, and defend all suitsued. and proceedings at law or in equity, as well against its own members, as against other persons and corporations, as may be necessary in connection with or in relation to said cemetery, or any part thereof, or the enforcing of any of the provisions of this Act or any bylaws made under this Act. 6. The number of trustees shall be three and Trustees, how Charles K. Hurlbert, Job M. Raynard and Abijah C. appointed. Hurlburt shall be such trustees until the first annual meeting of the corporation. At the first annual meeting, the said Charles K. Hurlburt shall retire from office and the vacancy shall be filled by the election of a new trustee, and at the second annual meeting the said Abijah C. Hurlburt shall retire from office and the vacancy shall be filled by the election of a new trustee, and at each annual meeting thereafter the trustee who has served the longest shall retire from office and the vacancy shall be filled by the election of a new trustee; provided, always, that the trustee whose term of office has expired in either or any such cases may be re-elected, his term of service to date from such re-election. |