Bill 45 (Legislature 3, Session 1)

L3 S1 10557

Alberta — Bills

BILL No. 45 of 1913 (Second Session).

An Act to incorporate the University Club of Edmonton. (Assented to 1913.)

WHEREAS the persons hereinafter named and others have associated themselves together for the establishment of a club for social purposes and for the pro motion of the university ideals among university graduates and former university students resident in the City of Edmonton,in the Province of Alberta, and the vicinity; and

Whereas, the said persons hereinafter named have prayed to be incorporated by the name of the University Club of Edmonton, and it is expedient to grant their prayers; Therefore His Majesty, by and with the advice and con sent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. A.S. Matheson, H. R. Milner, W. W. Hutton, R. V. Bellamy, R. H. Knight, D. C. Kent, E. T. Bishop, C. G. Gunn, S. G. Mills, Charles A. Grant, E. L. Fuller, P. S. Bailey, A. J. Huff, W. J. Shortreed, A. H. Gibson, J. R. F. Stewart, S. W. Field, A. M. Mowatt, W. J. Hanley, W. F. R. Wilson, Ambrose W. J.

Bury, Heber C. Jamieson, S. A. Dickson, and A. ,V.

Haddow all of the City of Edmonton, · in the Province of Alberta, and such other persons as are now or shall hereafter become members of the club to be hereby incorporated, shall be and are hereby constituted a body politic and corporate by and under the name of the University Club of Edmonton, and by that name shall have perpetual succession and a common seal, and shall have power from time to time and at all times hereafter to purchase, acquire, hold, possess, lease and enjoy for them and their successors, for the use and benefit of the said cor poration all lands, tenements, hereditaments and real and moveable property and estate situate whether within or without the limits of the City of Edmonton, and the same to sell, alienate, exchange, lease and otherwise dispose of or encumber whensoever the said corporation shall deem it proper so to do, and by the same name shall and may be enabled to sue and be sued, to plead and to be impleaded, to answer and to be answered unto in any matter or cause whatsoever. 2.

The members of the corporation shall have the sole power to frame a constitution and to make by;-laws, rules and regulations for the management of the affairs of the corporation, including determining the eligibility of mem bers, the number a_nd method of election of the executive committee, the regulating of the allotment and price of stock, making calls thereon, the payment thereof, and the issue and regulation of certificates of stock and forfeiture of stock for non payment, the disposal of forfeited stock and the proceeds thereof, and the transfer of stock, the declaraJ.ion and payment of dividends, regulating the issue of the club shares of stock, and the qualifications of persons

2 prescribing who shall be competent to hold the same, the manner in which the same shall be held and the formalities requisite to a valid transfer thereof, and the person to whom they may be transferred.

The constitution, rules, by-laws and regulations of the corporation shall be formulated at a general meeting thereof called for that purpose and of which at least ten days'notice shall be given by public advertisement or otherwise to all the members thereof, and the constitution, rules, by-laws and regulations then adopted shall, subject to the approval of the Attorney General, have full force and effect in so far as the same shall not be inconsistent with the laws in force in the Province of Alb,erta and the provisions of this Act: Provided always that the said corporation may from time to time alter, repeal and change such constitution, rules and regulations in the manner herein provided. 3.

The said corporation shall have power to take over and acquire the assets, rights and franchises of the University Club of Edmonton at present existing or any other club hereafter to be incorporated having objects altogether or in part similar to those of this corporation, and to issue fully or partly paid-up shares to the members of such other club for such assets, rights and franchises and on such terms and conditions as may be agreed upon. 4. The said corporation shall have a capital of one hun dred thousand ($100,000.00) dollars divided into two thou sand (2,000) shares of fifty ($50.00) dollars each.

Such shares shall and are hereby vested in the several person:;; to whom they shall be allotted and shall be held subject to the provisions of this Act and the rules and regulations of the corporation. 5.

The said corporation may from time to time borrow money and at such rate of interest and on such terms as they may deem proper, and for such purpose may make, execute and issue any mortgages, bonds, debentures or other instruments under the seal of the said corporation, and any such bonds, mortgages. debentures or other instru ments shall be signed by such officers as may be designated by the constitution or by-laws of the club. 6.

Raid corporation shall have power to draw, make, accept and endorse all bills of exchange and promissory notes necessary for the purposes of the said corporation under the hands of such officers as may be designated by the by-laws or constitution of the club, and in no case shall it be necessary that the seal of the corporation shall be affixed to such bill or note nor shall such officer signing the same be liable or responsible therefor: Provided that nothing herein contained shall be con strued to authorize the corporation to issue notes or bills of exchange payable to bearer or intended to be circulated as money or as notes or bills of a bank. 7.

No member of the corporation shall be in any way liable for or chargeable with the payment of any debt or demand due by the said corporation beyond the amount unpaid on any share or the annual subscriptions remain ing unpaid by the said member or for any other indebted ness to the club, and any members of the said club not so indebted to the said corporation may retire therefrom

3 and cease to be a member on ceasing to be holder of such share and on giving notice to the club in such form as may be required by the constitution or by-laws of the said club and thenceforth shall be free from any liability for any debt or engagement of the corporation. 8. The said corporation shall have full power to erect new buildings or improve their real estate and do all things necessary for the carrying out of the objects of the said corporation. 9. The persons named in

section 1 of this Act shall be the first executive committee of the said corporation, with full power to administer the affairs thereof until such time a,s other officers are elected. The affairs of the corporatiop shall be managed by an executive committee which shall include the officers of the corporation. The number of thoe executive committee and the method of election and the term of office of the members thereof shall be fixed by the members. 10.

The club hereby constituted shall be subject to all provisions for the inspection, control and regulation of clubs in the province, which may hereafter be passed by the Legislature. 11. This Act may be cited as the "University Club of' Edmonton Act."

No. 45 F£Rsrr SESSION 'PHIRD LEGIHLATURE 4 GEORGE V 1913 (eECOND SESSION) BII ..... L

An Act to Inco:r;porate The University Club of Edmonton. Received and read the First time ....... . Second time .......... . Third tim.e. . . . . . . . . . . ... 1\ln. MAcKAY. EDMONTON: J. W. JEFFEBT, Government Printer A.D. 1913 Title: 1913 (3rd, 1st) Bill 45,

An Act to incorporate the University Club of Edmonton

Document details

Collection	Alberta — Bills
Citation	L3 S1 10557
Type	bill
Volume / chapter	L3 S1 10557
Language	en
Format	json
Source	PROVINCIAL
Identifier	0a49f978c8e36e5a861d7c301325a50d87919ffe

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