Bill ID 1303 (Legislature 15, Session 5)

L15 S5 1303

Alberta — Bills

1967 Bill Pro 7 Fifth Session, 15th Legislature, 15 EJizanalhtid THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL Pre 7

An Act to Incorporate The Taber Rodeo Association Building MR. R. SPEAKER First Reading ............................. : ............................... . Second Reading ......................................................... . Third Reading ........................................................... . Printed by L. S. Wa.ll, Queen's Printer, Edmonton

Short title Interpre tation Constitu tion of the Association Powers of the AssocI ation BILL Pre 7 1967

An Act to Incorporate the Taber Rodeo Association (Assented to , 1967)

WHEREAS a Petition has been presented for the incor poration of The Taber Rodeo Association as therein mentioned, and it is expedient to grant the prayer in the said Petition. THEREFORE, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. This Act may be cited as The Taber Rodeo Association Act. 2. In this Act, (a) "Association" means the Taber Rodeo Association incorporated by this Act; (

b) HTaber District" means The Town of Taber and such part of the surrounding areas as, in the opinion of the Board, are readily accessible thereto; (c) "Board" means the Board of Directors as con stituted pursuant to this Act. 3. Irwin E. Andrews, Walter Rombough, Peter Lindquist, Marcellus Vee Lowry, Vance T. Jensen and Laurence Higa all of the Town of Taber in the Province of Alberta, together with such other persons as may hereafter become members of the Association, are hereby Constituted a body corpor ate under the name and style of the "Taber Rodeo Associ ation". 4. The Association shall have the power: (

a) to encourage and promote in the Town of Taber and in the Taber District, rodeos, agricultural fairs, exhibitions, contests and exercises of all kinds in cluding horse and foot races and other lawful games, and for that purpose may offer and grant or con tribute towards the provision of prizes, awards and distinctions; (

b) to promote and improve the breeding of thorough bred and other racing horses in the Province of Alberta;

Capital The Oom panies Act The Societiea Act Liability of members Borrowing powers (

c) to operate a pari-mutuel betting system during any horse race meeting conducted by the Association in accordance with the Criminal Code of Canada; (

d) to raise money by subscription or otherwise for the objects of the Association; (/) to subscribe to, become a member of and co-operate with other organizations either incorporated or not, whose objects are altogether or in part similar to this Association; (

g) to promote the physical and social welfare of its members in such manner as the Directors think fit; (

h) to purchase, take or lease or otherwise acquire any lands, buildings, easements or property, real and personal, which may be requisite for the purpose of or capable of being used in connection with the objects of the Association; (

i) to·· devote surplus funds from time to time to such . educational, agricultural or sporting or other com munity purposes as may be determined by the Di rectors; (

j) to sell, manage, lease, mortgage or dispose of or otherwise deal with the property of the Associ ation; (

k) to acquire the property of and carryon the busi ness or undertaking of the Taber Rodeo Association, a body corporate incorporated under The Societies Act. 5.

(1) The Association shall not have a capital divided into shares or declare any dividends or distribute its pro perty among its members during the existence of the As sociation.

(2) The interest of a member in the Association is not transferable. S. (1) The Association is exempt from each of sections 7, 81, 82, 87, 120, 130 and 266 of The Companies Act.

(2) The provisions of sections 2, 13, 14, 16, 21, 25 to 31, 35 36 and 37 of The Societies Act shall apply to the Associ ation to the same extent as though, and to that intent and purpose that, the Association were a society incorporated under the said Act. 7. No member of the Association ~ha}~ in his individual capacity be liable for any debt or lIabIlIty of the Associ- ation. 8. The Association ~ay bor.row, raise or secure the pay ment of money from tIme to tIme on such terms and condi tions as the Directors may deem expedient and in particu lar by the issue of debenture or by the transfer of hypothe- 2

Revenue cation to lender or to trustees for their benefit of the whole or any part of the immovable property of the Association but this power shall be exercised only under the authority of the by-laws of the Associ~tion, 9. The Association m~y apply any part of its receipts or revenues by way of prize~ to contestants or competitors at any meeting or exercise held by the Association or by way of premiums to the breeders or owners or exhibitors of animal exhibiting or contesting thereat. pt.reservf a- d 10.

The Association may preserve order upon and in the IOn 0 lOr er "'t f't d d f th t 1 Financial trans actions Admission of members VICInI y 0 I S grouns an or a purpose may emp oy special constables. 11. Subject to the by-laws of the Association, for the purpose of carrying out any or all of its objects the Associ ation may draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange and other negotiable instruments. 12.

(1) The persons named herein shall be the first members and the provisional directors of the Association and may provide for the constitution of the Association and the admission of members thereto in the form of by-laws which shall become effective upon the filing of the same with the Registrar of Companies,

(2) Any such by-laws, not being inconsistent with the law or this Act, shall be binding upon the Association and upon its members. General laws 13. The powers herein granted shall be subject to the general laws of the Province now in force or hereafter en acted. commenc,:-\ t 14. This Act comes into force on the day upon which ment of C it is assented to. 3 Title: 1967 (15th, 5th) Bill Pr7,

An Act to Incorporate The Taber Rodeo Association Building

Document details

Collection	Alberta — Bills
Citation	L15 S5 1303
Type	bill
Volume / chapter	L15 S5 1303
Language	en
Format	json
Source	PROVINCIAL
Identifier	1b12a78c2d7f5abf3fcded75204274960297206c

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