Bill ID 4039 (Legislature 19, Session 3)

L19 S3 4039

Alberta — Bills

1981 BILL PR Third Session, 19th Legislature, 30 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL PR THE NORTH AMERICAN COMMERCIAL TRUST COMPANY ACT MR. PAHL First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1981 (19th, 3rd) Bill Pr15, The North American Commercial Trust Company Act Bill PR Mr. Pahl BILL PR THE NORTH AMERICAN COMMERCIAL TRUST COMPANY ACT (Assented to , 1981)

PreambleWHEREAS the persons hereinafter named have by their petition prayed that it be enacted as hereinafter set forth and it is expedient to grant the prayer of the petition; THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows:

Definitions1 In this Act, “Company” means the company incorporated by

section 2. Incorporation2 Gordon D. Wusyk, Ed Tonn, Karen G. Brust, Hugo Witzke and Harvey A. Brust, all businessmen of the City of Edmonton, together with such persons as may become shareholders in the Company, are incorporated as a body corporate under the name of North American Commercial Trust Company. Provisional directors3 The persons named in

section shall be the provisional directors of the Company. Capital stock4 The capital stock of the Company shall be $3 consisting of shares with a par value of $10. Head office5 The head office of the Company shall be in the City of Edmonton or such other place in the Province of Alberta as the directors may resolve. Application of The Trust Companies Act The Company has all the powers, privileges and immunities con ferred on a trust company by, and is subject to all the limitations, liabilities and provisions of The Trust Companies Act.

Coming into force7 This Act comes into force on the day upon which it is assented to. 1 Title: 1981 (19th, 3rd) Bill Pr15, The North American Commercial Trust Company Act

Document details

Collection	Alberta — Bills
Citation	L19 S3 4039
Type	bill
Volume / chapter	L19 S3 4039
Language	en
Format	json
Source	PROVINCIAL
Identifier	1cb8a53f858121db945a1cc34844b17177788a00

Source file is stored in the law ingest library (json).