affairs of the Company, the election of directors, the appointment of officers and generally for the exercise of all powers conferred on the shareholders. The Company shall not commence business until twentyfive per cent. of the said capital is subscribed and twenty-five per cent. of such subscribed capital is paid up in cash. 21. The general annual meeting of the Company Date of general shall be held on the fourth Thursday in January in annual meeting. each year, and at such meeting a full and detailed statement of the financial affairs of the Company up to the thirty-first day of December of the year then past shall be submitted to the stockholders, and shall appear in the books of the Company, and be opened for the inspection of the shareholders; but said annual general meeting may be adjourned to a future day, with the consent of a majority of the stockholders present or represented at the meeting. 22. The Company shall not be bound to see to the Company not execution of any trust, whether expressed, implied or bound to see to constructive, in respect of any shares, and the re- Trust. ceipt of the shareholders in whose name the same may stand in the books of the Company shall be a valid and binding discharge to the Company for any dividend or money payable in respect to such shares, and whether or not such notice of such trust shall have been given to the Company, and the Company shall not be bound to see to the application of the money paid upon such receipt. 23. The Company shall paint or affix, and shall Limited. keep painted or affixed, its name with the word "limited" after it, or forming part of said name, on the outside of every office or place in which the business of the Company is carried on, in a conspicuous position in letters easily legible, and shall have its name, with the word "limited" after it, or forming part of its name, mentioned in legible characters in all notices, advertisements and other official publications of the Company, and on all bills of exchange, promissory notes, cheques, orders for money or goods purporting to be drawn, made, signed, given or endorsed by or on behalf of the Company, and in all bills, invoices, receipts, letters and other writings Shareholder may pay in advance moneys due on his shares. used in the transaction of the business of the Company, and the Company shall be liable to a penalty of twenty dollars for every neglect or omission of the name of the Company, with the word "limited” after it, or forming part of said name, in any of the above cases. 24. The directors may, if they think fit, receive from any member willing to advance the same all or any part of the amount due on the shares held by such member beyond the sums then actually called for; and upon the money so paid in advance, or so much thereof as from time to time exceeds the amount of the calls then made upon the shares of or in respect of which such advance is made, the Company may pay interest at such rate, not exceeding five per cent. per annum, as the member paying such sum in advance and the directors agreed upon. Act may cease. 25. This Act shall cease and determine if effective operations are not commenced and continued within two years from the date of its passing. Company may hold real estate. 26. The Company may hold absolutely real estate for the purpose of or in connection with its place or places of business, and also may hold such real estate as may be acquired by them for the protection of or for realizing any investment, and may, from time to time, sell, mortgage, lease or otherwise dispose of the same; but the Company shall sell any real estate acquired in satisfaction of any debt within seven years after it has been so acquired; otherwise it shall revert to the previous owner or to his heir or assigns. SCHEDULE. CAPE BRETON BUILDING SOCIETY, LIMITED. Debenture No... Transferable. $ Under the authority of an Act of the Legislature of Nova Scotia, passed in the year 1913, the Cape Breton Building Society, Limited, .or bearer, the sum of.. in the year of our Lord, .at the... paid half-yearly on presentation of the proper coupon for the same as hereunto annexed, on the.. .day of.. .and the .in each year, at the office of the .day of.. Half yearly dividend due. thousand nine hundred and .on 'debenture No.. ..one thousand nine hundred and.. ..for .per centum per annum, payable at the issued by the Cape Breton Building Society, Limited, on the. day of.. .at. office of the. President. Secretary. CHAPTER 168... Preamble. WHEREAS, the Dominion Trust Company (hereinafter called the Company) is incorporated by Act of Parliament of Canada, being Chapter 89 of the Statutes of 1912, for the purposes and with the powers in said Act mentioned; And whereas, the Company is desirous of the passing of an Act authorizing it to carry on its business and exercise its corporate powers in the Province of Nova Scotia; Be it therefore enacted by the Governor, Council, and Assembly, as follows: Incorporation. 1. The Company is hereby recognized as and declared to be a corporation, with all the rights, powers and privileges extending to corporations incorporated by the laws of the Province of Nova Scotia, and is hereby authorized and empowered to carry on and exercise in the Province of Nova Scotia the same business and powers as under the said recited Act it is authorized and empowered to carry on and exercise in the Dominion of Canada and to the like extent and as if the Company has been incorporated for such corporate purposes under the provisions of a statute of this Province. Powers. 2. The Company is hereby authorized and empowered to act as and hold the office or offices of executor, administrator, administrator de bonis non, administrator with the will annexed, trustee, receiver, curator, assignee, guardian of the estate of any minor or committee of the estate of any lunatic, and it hall be lawful for any court in the Province of Nova Scotia or any judge thereof to appoint the Company to any of the said offices, and the accounts of the Company as such executor, administrator, administrator de bonis non, administrator with the will annexed, trustee, receiver, curator, assignee, guardian or committee shall be regularly settled and adjusted by the proper officers or tribunals; and all proper, legal, usual and customary charges, costs and expenses shall be allowed to the said Company for the care and management of the estate so committed to it. cepted as se 3. Subject to the provisions of the Statutes of Company acNova Scotia and amendments, it shall be lawful for curity. any court in the Province of Nova Scotia or any judge thereof to accept the Company as surety for any executor, administrator, administrator de bonis non, administrator with the will annexed, trustee, receiver, curator, assignee, guardian of the estate of any minor or committee of the estate of any lunatic or in any other case where an order is made for security, either for costs or in replevin or other proceedings in any such court, and the Company may be accepted as such surety either alone or in conjunction with other surety or sureties. 4. The Supreme Court, if it deems necessary, may Company's from time to time appoint a suitable person to in-investigated. vestigate the affairs and management of the Company, and such person shall report thereon to the Court and regarding the security afforded to those by or from whom the engagements of the Company are held; and the expenses of such investigation shall be defrayed by the Company, or the Court may, if it deems necessary, examine the officers or directors of the Company under oath as to security aforesaid. Governor-in also investigate. 5. The Lieutenant-Governor-in-Council may also Lieutenantfrom time to time when he deems expedient appoint Council may an inspector to examine the affairs of the Company and report to him on the security afforded to those by whom its engagements are held as aforesaid; and the expenses of the investigation shall be borne by the Company. how kept. 6. The moneys and securities of each trust shall Trust moneys, be kept in separate accounts distinct from those |