a body corporate under the name of the Tiverton Hall Company," hereinafter referred to as the company. 2. The object of the company shall be to build, acquire, Objects. and own a public hall in the village of Tiverton aforesaid, and such other property, equipments, and fittings, as may be necessary for the purposes of the company. 3. The company may purchase, acquire, lease, and hold Real and persuch real and personal property, as shall be necessary for sonal property.. the proper purposes of the company, and from time to tinie may sell, convey, mortgage, or lease and let for hire or otherwise, as may be required, and accept, hold, and manage all such gifts, legacies and bequests as from time to time may be given or made to the company. 4. The company may sue and be sued, and may General powers. prosecute and defend suits, and shall have power to make such contracts as may be necessary for the purposes of the company. directors 5. The company shall be governed and managed by a Board of board of directors, seven in number, to be selected from among the shareholders thereof, under the provisions of the by-laws to be made and adopted as herein provided. The directors shall select one of their number to be president, and one to be vice-president. They shall also appoint a secretary-treasurer, and the said board shall have power to transact all the business of the company. Until the said directors are regularly appointed at a meeting of the shareholders of the company, the seven persons named in section one of this Act, shall be the provisional directors of the company. Said provisional directors or any three of them shall call the first meeting of the company at such time and place as they may determine and of which written or printed notice shall be given by mailing the same, postage prepaid and registered, to each shareholder, at least ten days before such meeting, the company may elect all necessary officers and establish by-laws at such, or any subsequent meeting. 6. The capital stock of the company shall be twelve Capital. hundred dollars; to be divided into two hundred and forty shares of five dollars each. 7. No member or director of the company shall be liable Limited liability. for the debts or liabilities of the company to a greater amount in the whole than the amount of his or her sub By-laws. scription thereto, unless he shall render himself or herself liable by becoming surety for the debts of the company. 8. The company may make and adopt such by-laws for the regulation of its business generally as are not inconsistent with this Act and the laws of the province. CHAPTER 175. An Act to incorporate the Yarmouth Young Men's Christian Be it enacted by the Governor, Council, and Assembly, as follows Incorporation. 1. Charles H. Bryant, Percy Hood, Israel H. Goudey, Jacob W. Grant, George C. Crosby, Albert J. Buller, Bradford Hilton, Murray Kelly, J. Clark Robbins, Alexander Ross, Arthur K. VanHorn, Norman Jeffery, Arthur W. Eakins, Edward Viets, James Jenkins and Stilson R. Hilton, and such other persons as are now members of the Yarmouth Young Men's Christian Association, or shall hereafter unite with them under the provisions of this Act, shall be and are hereby created a body corporate under the name of "The Yarmouth Young Men's Christian Association," hereinafter referred to as the association. Objects. By-laws. 2. The object of the association shall be the improvement of the spiritual, moral, mental, bodily and social condition of the men and boys of the town of Yarmouth, by the support and maintenance of religious and social meetings, sermons, lectures, a library, reading room and gymnasium, and such other means as may conduce to the accomplishment of this object. 3. The association may adopt such by-laws for the admission and qualification of its members, the choice, power and duty of its officers, and the regulation of its business generally, as are not inconsistent with this Act or the laws. of the province. sonal estare. 4. The association may acquire and hold, real and per- Real and personal estate, and with the consent in writing of at least a majority of the directors, may sell, mortgage, lease or convey the real estate, which real estate shall not exceed in value forty thousand dollars. from taxes. 5. Such portion of the real estate and personal property Exemption of the association as may be exclusively used for the purposes of the association shall be exempt from taxation. 6. The said corporation shall be in law capable of taking, General powers. receiving and holding absolutely and in trust for its general uses and purposes, and for any particular department of its work by gift, devise, bequest, grant or purchase, all such real estate, not exceeding in value forty thousand dollars, and such personal property as shall be necessary for the purposes of the association, and of selling and leasing the same; and shall also have the power to issue bonds, and to <secure the same by mortgage upon its real estate and its improvements, and causing the same to be signed by the president and treasurer, in pursuance of a resolution of the board of directors to that effect. 7. No member of the association shall be liable in his Limited liability person or separate estate for the debts of the association unless he shall have rendered himself liable by becoming surety for the debts of the association. 8. All personal property of the Yarmouth Young Men's Property vested. Christian Association, including any debts due such associa tion, is vested in the corporation hereby incorporated, who may collect, sue for and recover all such debts. .Incorporation. Objects. By-laws. Real and personal estate. Board of trustees. CHAPTER 176. An Act to incorporate the Sydney Mines Young Men's Be it enacted by the Governor, Council, and Assembly, as follows: 1. Angus Stewart, John Johnston, Joseph Wood, Theodore Soder and F. B. Dunlap, and such other persons as are now members of the "Sydney Mines Young Men's Christian Association," or shall hereafter unite with them under the provisions of this Act, shall be and are hereby created a body corporate, under the name of the "Sydney Mines Young Men's Christian Association," hereinafter referred to as the association." 2. The objects of the association shall be the improvement of the spiritual, moral, mental, and social condition of the young men of Sydney Mines, by the support and maintenance of religious and social meetings, sermons, lectures, a library, a reading room, and such other means as may conduce to the accomplishment of this object. 3. The association may adopt such a constitution and by-laws for the admission and qualification of its members, the choice, power and duty of its officers, and the regulation of its business generally, as are not inconsistent with this Act or the laws of the province. 4. The association may acquire and hold, real and personal estate, and with the consent, in writing, of at least a majority of the trustees and of the general committee, may sell, mortgage, or convey the real estate, which real estate shall not exceed the value of five thousand dollars. 5. The real estate of the association, together with all devises of real estate hereinafter made, shall be managed by a board of trustees, each of whom shall be a member in good standing of one of the evangelical churches, and each of said evangelical churches or denominations shall be represented on said board of trustees as well as circumstances will allow. Angus Stewart, John Johnston and Joseph Wood, are hereby created such a board of trustees, and vacancies shall be filled in such a manner as the constitution of the association may provide. association. 6. Any increase arising from the real estate, after de- Funds of ducting payment for interest, insurance, and necessary repairs, shall be devoted to the purposes of the association, and shall be paid by the board of trustees as the association may direct. drinks not 7. No intoxicating drinks shall be sold or used, nor Intoxicating games of chance allowed, in any part of the property of the to be used. association. Nor shall such property be used for any purpose inconsistent with the objects of the association as stated in this Act. from taxes. 8. Such portion of the real estate of the association as Exemption may be exclusively used for the purposes of the association, shall be exempt from taxation. CHAPTER 177. An Act to exempt Salvation Army Rescue Homes from (Passed the 7th day of April, A. D., 1905.) SECTION 1. Exemption from taxes. Be it enacted by the Governor, Council, and Assembly, as follows: from taxes. 1. Any and all real property and the buildings thereon Exemption used or occupied as a rescue home, so called, by the Salvation Army, and any and all personal property used in connection with any such rescue home, in the province of Nova Scotia, shall, whilst so used or occupied, be exempt from taxation for any purpose, except in respect to sewer or water rates. |