CHAPTER 180. An Act to Amend Chapter 146, Acts of 1900, entitled Be it enacted by the Governor, Council, and, Assembly, as follows: 1. The name of the Company incorporated by Name changed. Chapter 146 of the Acts of 1900, is changed from the "McAlpine Publishing Company, Limited," to the "Royal Print and Litho, Limited," and Section 1 of said Chapter 146 is amended accordingly. to Section 2 of 2. Section 2 of said Chapter 146 of the Acts of Clauses added 1900 is amended by adding thereto the following Chapter 146, clauses: (f) to purchase, lease or otherwise acquire any patents, brevets d'invention, licenses, concessions and the like conferring any exclusive or limited right to use or to secret or other infor⚫mation as to any invention which may seem capable of being used for any of the purposes of the Company, or the acquisition of which may seem calculated directly or indirectly to benefit this Company, and to use, exercise, develop or grant licenses in respect of or otherwise turn to account the property, rights or information so acquired; (g) to purchase, lease or otherwise acquire, for such consideration as the Company may think fit, including shares, debentures or other securities of the Company, the whole or any part of the plant, property, franchises and undertaking of any person or persons or of any company having objects altogether or in part simi Acts 1900. lar to those of this Company or of any company carrying on or formed for the purpose of carrying on trade or business which may be conveniently carried on in connection with the business of the Company; (h) to issue in payment for any property or rights of whatsoever kind and description, fully or partially paid up shares in the capital stock of the Company; (i) to enter into partnership or into any arrangement for sharing profits, union of interest, amalgamation, co-operation, joint adenture, reciprocal concession or otherwise with any person or company carrying on or engaged in or about to carry on or engage in any business or transaction capable of being conducted so as directly or indirectly to benefit this company; and to lend money to, guarantee the contracts of or otherwise assist any such person or company, and to take or otherwise acquire shares and securities of any such company, and to sell, hold, re-issue, with or without guarantee, or otherwise deal with the same; (j) to sell or dispose of the plant, property, franchise and undertaking of the Company, or any part thereof, for such consideration as the Company may see fit, including shares, wholly or partially paid up, debentures or securities of any other company having objects altogether or in part similar to those of this Company or of any company carrying on or formed for the purpose of carrying on any business capable of being conducted so as directly or indirectly to benefit this Company; (k) to take or otherwise acquire, hold and dispose of shares in any other company having objects altogether or in part similar to those of this Company or of any company carrying on any business capable of being conducted so as directly or indirectly to benefit this Com pany. Section added 3. Said Chapter 146 is further amended by adding to said Chapter. adding thereto the following section: 8. The Company shall have power to make bylaws, not inconsistent with this Act or the laws of the Province, and also shall have power to repeal and modify the same, but all such by-laws and every repeal or modification thereof shall be subject to the approval of the Governor-in-Council. CHAPTER 181. A Bill entitled, "An Act Respecting Coal Leases Section. (Passed the 13th day of May, A. D., 1913). 1. Company can apply to cancel certain leases. Section. 2. Leases, how issued to Company. Be it enacted by the Governor, Council, and Assembly, as follows: can 1. (1) Notwithstanding anything in "The Mines' Company Act" to the contrary, and notwithstanding the fact certain leases. that the said respective leases are now held under license to search by any party or parties other than The Colchester Coal and Railway Company, Limited, the said Company may apply to the Governor-inCouncil at any time within thirty days after this Act becomes law to have the said licenses to search cancelled or revoked, and for liberty to pay the rentals due thereon on the 2nd day of July, 1912, in the name of The Colchester Coal and Railway Company, Limited, to all intents and purposes as though the time for the payment thereof had not expired, and upon such terms and conditions as the Governor-in-Council may impose. issued to 2. Upon payment of said rental and upon com- Leases, how pliance with such other terms and conditions as the Company. Governor-in-Council may impose, the Governor-inCouncil is empowered to authorize the Commissioner of Public Works and Mines to cancel and revoke the said licenses to search and to renew the said leases in the name of The Colchester Coal and Railway Company, Limited, for a period of one year from the 2nd. day of July, 1912, and said leases shall then in all respects be subject to the provisions of "The Mines Act." CHAPTER 182. An Act to Incorporate the Pension Fund Society of Be it enacted by the Governor, Council, and Assembly, as follows: Incorporation. 1. H. Bradford, H. Howe and R. C. Black, all of Halifax, Nova Scotia, and such other of the present or future officers and employees of Royal Securities Corporation, Limited, who may at any time hereafter join the Society hereby established, are hereby constituted a body corporate and politic under the name of "Pension Fund Society of Royal Securities Corporation, Limited." and hereinafter referred to as "The Society," under the regulations and subject to the supervision and control hereinafter designated. Head office. Provisional By-laws. Directors, how appointed. 2. The head office and place of business of the Society shall be at Halifax, Nova Scotia, or at such other place as may from time to time be determined by the Society. 3. The persons whose names are mentioned in the first section of this Act shall be the Provincial Directors of the Society, and shall have all the powers of directors, and shall hold office until their successors are appointed or elected. 4. The Provincial Directors shall have power to call the first meeting of the Society, and at such meeting, directors may be elected and by-laws may be passed under the provisions of this Act. 5. (1) The affairs of the Society shall be administered by a board of directors, who shall be appointed or elected in such manner and in such number, not exceeding nine, with such qualifications and for such period as are determined by the by-laws, but at the first meeting of the Society to be held under this Act five directors shall be elected subject to addition to such number, if so sanctioned by the bylaws, and other officers may be appointed in such manner, with such remuneration and under such provisions touching their powers and duties as are established by the by-laws. (2) Each contributory to the funds of the Society, including the Royal Securities Corporation, Limited, shall have such right to vote at general meetings of the Society, on such occasions, subject to such restrictions and on such conditions as are determined b the by-laws. All such by-laws, rules or regulations, and every amendment or repeal thereof, shall be subject to the approval of the Governor-in-Council. 6. The Society shall have the power, by means of Objects. voluntary contribution or otherwise, as its by-laws provide, to form a fund, and may invest, hold and administer the same and from and out of said fund may (a) provide for the support and payment of pensions to officers and employees of Royal Securities Corporation, Limited, incapacitated by age or infirmity; and, (b) upon the death of such officers or employployees, pay annuities or gratuities to their widows and minor children or other surviving relatives in such manner as by the by-laws may be specified. Society. 7. (1) The Society shall have all corporate power Powers of necessary for the purposes of this Act, and may make by-laws not contrary to law regulating the objects of the Society and prescribing the mode of enforcement of all the rights, powers and duties of— (a) the Society; (b) the individual members thereof; (c) the officers and employees of Royal Securities Corporation, Limited; |