Painting or affixing clause. Company when to commence business. Act, when to cease and determine. tracted to pay for; or otherwise improperly uses such electric current; or supplies any other person with any part thereof supplied to him by the company, shall for each offence be liable to such penalty as may be imposed under the provisions of "The Summary Convictions Act." 24. The company shall paint or affix, and shall 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 said 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 indorsed by or on behalf of the company, and in all bills, invoices, receipts, letters and other writings 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. 25. The company shall not commence business until fifty per cent. of the stock has been subscribed and fifty per cent. of the capital stock paid up. 26. This Act shall cease and determine if effective work shall not be commenced and continued under it within two years of the date of its passing. CHAPTER 150. An Act to Incorporate the Advocate Brick and Tile Company, Limited. Be it enacted by the Governor, Council, and Assembly, as follows: 1. A. W. Atkinson, merchant, C. W. Elderkin, merchant, Incorporation. and S. R. Canning, farmer, all of Advocate, in the county of Cumberland, and Johnston Spicer, of Spencer's Island, in the same county, master mariner, and such other persons as they may in writing associate with them, their successors, associates and assigns, and such other persons as may become share or stockholders in the company hereby incorporated, are hereby constituted a body corporate, under the name of the Advocate Brick and Tile Company, limited, with a common seal, and are hereinafter referred to as the company. 2. The company shall have power and authority (a) To purchase, own or lease land, and to sell or lease the same or any part thereof. (b) To manufacture, work and prepare for sale by any process whatsoever, and to carry, sell and deal in brick, tiles, drain pipe and any and all articles manufactured from clay; and generally to carry on the trade and business of brick, tiles and drain-pipe makers and workers of clay. (c) To build such tramways as may be necessary or useful for the business of the company, and to operate the same by horses, steam, electricity or other motive power. (d) To erect such buildings, plant and machinery as may be necessary or incidental for its business or any branch or part thereof. Objects and powers of company. General powers Capital stock. Aliens. Limited liability. Provisional <directors. 3. The company shall have power and authority to do any matter or thing necessary to carry out any of the above objects or incidental or conducive to the same, subject, however, to the laws of the province. 4. The capital stock of the company shall be six thousand dollars, divided into six hundred shares of ten dollars each. 5. Aliens, whether resident within the province or elsewhere, as well as British subjects, may be shareholders, directors or officers of the company, and shall be entitled equally with British subjects to all rights as such shareholders, directors or officers of the company, and any alien or foreign or domestic corporations who are or may be holders of any bonds, stocks or debentures of said company, shall for all purposes have the same rights, privileges and powers in respect thereto as if they were British subjects. 6. No member or director of the company shall be liable in his person or separate estate for the debts or liabilities of the company to a greater amount in the whole than the amount of stock held by him, deducting therefrom the amount actually paid on account of such stock, unless he shall have rendered himself liable for a greater sum by becoming surety for the debts of the company; but no shareholder who may have transferred his interest in the stock of the company shall cease to be liable to the amount unpaid on shares so held by him for any debt or on any contract of the company entered into before the date of such transfer, so as any action in respect thereof shall be brought within six months after such transfer. 7. The persons named in the first section of this Act, and such persons as they may in writing associate with them, are constituted provisional directors of the company. The provisional directors shall hold office as such until the first annual meeting, which may be called at such time and place and upon such reasonable notice as they may determine, and until such meeting such provisional directors shall have power to open a stock subscription list, and to assign and allot stock of the company, and have and exercise all the powers of ordinary directors of the company under the provisions of this Act. Vacancies caused by death or resignation shall be filled by the other directors until the next annual meeting. The number of directors of the company shall not be less than three nor more than five. meeting. 8. The annual general meeting of shareholders and all Annual general other meetings of shareholders or directors shall be held at such times and at such places as may be appointed by the by-laws of the company. shares. 9. The transfer of shares in the company shall be valid Transfer of and effectual only from the time such transfer is made and entered on the books of the company. ment of shares. 10. The company may issue as fully paid up stock Issue and allotshares, and pay and allot such shares in payment of real property, right of way, plant, materials and machinery, and also may on such terms as the directors may deem for the interest of the company, pay and allot such fully paid up shares in payment for service of, or work done by contractors, builders, machinists, solicitors or other persons who have been or may be engaged in promoting the work of the company. 11. The directors may from time to time make, alter, By-laws, rules and regulations amend or repeal such by-laws, rules or regulations, not inconsistent with this Act or the laws for the time being in force in this province, as they may deem necessary and proper for the management of the affairs of the company generally, and the same when approved by the Governorin-Council shall have the force of law. to commence 12. This company shall not commence operations until Company, wher fifty per cent. of the capital stock is subscribed and twenty- operations. five per cent. of such capital stock paid up. 13. The company shall paint or affix, and shall keep Painting or painted or affixed, its name with the word "limited" after affixing clause. 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 said 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 indorsed by or on behalf of the company, and in all bills, invoices, receipts, letters and other writings 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. Act, when to cease and determine. 14. This Act shall cease and determine if active operations under it are not commenced and continued within two years from the date of its passing. CHAPTER 151. An Act to incorporate the Halifax Symphony Orchestra and Chorus. (Passed the 4th day of April, A. D., 1901). Incorporation. Object of corporation. By laws. Be it enacted by the Governor, Council, and Assembly, as follows: 1. Nathaniel Littler, Gwladys Tremaine, Max Weil, W. W. Walsh, Walter A Black and William J. Leahy, and the other members and associates of the society hereby incorporated, and all who shall hereafter become members thereof, are hereby constituted a body corporate under the name of "The Halifax Symphony Orchestra and Chorus." 2. The object of the corporation hereby created shall be the cultivation and development of music in the City of Halifax, in particular orchestral and choral music. 3. The by-laws of the society by this Act incorporated are hereby declared to be the by-laws of the said corporation, and the said corporation may from from time to time alter, add to and repeal by-laws to carry into effect the objects of the corporation. Such by-laws and alterations thereof shall be invalid until approved by the Governor-inCouncil, and upon any matter, action or proceeding before any court or arbitration or persons having power to hear evidence, a copy of such by-laws purporting to be certified under the hand of the Provincial Secretary or Deputy Provincial Secreeary or Clerk of the Executive Council, as having been approved by the Governor-in-Council, shall be presumptive evidence of the existence of such by-laws and of the approval thereof. |