Bill ID 3463 (Legislature 20, Session 3)

L20 S3 3463

Alberta — Bills

1985 BILL PR 5 Third Session, 20th Legislature, 34 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL PR 5 LES SOEURS DE SAINTE-CROIX, PROVINCE SAINTE-THERESE SISTERS OF HOLY CROSS, SAINT THERESA PROVINCE ACT MR. HIEBERT First Reading Second Reading Committee of the Whole Third Reading Royal Assent

Bid PR 5 Mr. Hiebert BILL PR 5 1985 LES SOEURS DE SAINTE-CROIX, PROVINCE SAINTE-THERESE SISTERS OF HOLY CROSS, SAINT THERESA PROVINCE ACT (Assented to , 1985)

Preamble Ciintinualion of Corporation Powers

WHEREAS La Corporation des Soeurs de Sainte-Croix et des Sept Douleurs and/or The Sisters of the Holy Cross was incorporated by

chapter 116 of the Statutes of Alberta, 1957; and

WHEREAS the Act has been amended 5 times and a petition has been presented praying for a new Act to consolidate those amend ments and provide for further amendments 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: 1 La Corporation des Soeurs de Sainte-Croix et des Sept Douleurs and/or The Sisters of the Holy Cross is continued as a body politic and corporate in deed and in name by the name "Les Soeurs de Sainte-Croix, Province Sainte-Therese - Sisters of Holy Cross, Saint Theresa Province". 2 The corporation shall have power to conduct charitable insti tutions of any kind or nature whatsoever, and without in any way restricting the generality of the foregoing, shall have power to con duct orphanages, schools, boarding schools, working places, hou sekeeping schools and convents, and to impart education and moral training to pupils. 1

Succession and seal; capacity Property 3 The corporation shall have perpetual succession and a common seal, and may at all times hereafter contract and be contracted with sue and be sued, implead and be impleaded in any matter, in all courts and places in the Province. 4 The head office of the corporation shall be at the City of Edmonton, or at such other places in the Province as may from time to time be determined by the by-laws of the corporation. 5 The corporation shall have power from time to time and at all times here after to acquire by gift, devise, bequest, transfer, purchase or otherwise for the benefit of the corporation, any land or real or personal property and the corporation may from time to time dispose of the property or any part of it by sale, transfer or mortgage, lease, exchange or otherwise, and may use the proceeds to acquire other lands, tenements, hereditaments and other real or personal property or invest them in any security whatsoever for the use of the corpo ration .

Buildings Appropriation of funds Additional powers 6 The corporation shall have power to erect, construct, equip and maintain buildings and other erections for the proper carrying on of its educational, hospital and other charitable works and to do all other matters and things necessary to carry out the objects in which the corporation may become engaged in or occupied with. 7 The rents, revenues and profits of all real or personal property held by the corporation and the assets and property of the corporation shall be appropriated and applied to the maintenance of the members of the corporation, the construction and maintenance of the institu tions carried on by the corporation, the construction and maintenance of buildings and the acquisition of real or personal property required for the exercise of the powers and the furtherance of the objects of the corporation. 8(

I) The corporation shall have power (

a) to borrow or raise or secure the payment of money by negotiable instruments and by the issue of debentures or deben ture stock, bonds, mortgages or obligations, charged upon the property of the corporation and to extend the period of payment of them, and to purchase, redeem or pay off any such securities in whole or in part, (

b) to invest its funds, or any portion of them, either directly in the name of the corporation, or indirectiy in the name of the trustees, in the purchase of such securities as it may deem advis able, and to lend its funds, or any portion of them, on such terms as it sees fit, (

c) to guarantee payment of the capital or interest of any loan, mortgage, bond or debenture issue, obligation or security made or issued by any branch of the corporation, and

Branches By-laws Enterprise Account of affairs General laws c. 116, 1957 (

d) to mortgage or charge all or any part of the property of the corporation either as security for the payment of a debt or otherwise.

(2) Each of the branches established by the corporation shall have the same powers as are conferred upon the corporation by subsection (1). 9(1) The corporation may have or establish and maintain any number of branches to promote the objects of the corporation and for such purposes may appoint subordinate officers with such powers and tenure of office as the corporation may deem advisable.

(2) The corporation may by by-law authorize its officers and sub ordinate officers to exercise powers of the corporation. 10 The corporation may make by-laws for the government and proper administration of the property, affairs, and interests of the corporation, the enforcement of discipline, and the admission or removal of any persons as members or officers of the corporation and generally for the internal government of the affairs of the cor poration. 11 The corporation may carry on any enterprise that may help it to maintain its institutions and further its objects and may bargain or sell the products or services of the enterprise. 12 The corporation shall render an account in writing of its prop erty and affairs whenever required to do so by the Lieutenant Governor in Council. 13 The powers granted by this Act shall be subject to the general laws of the Province.

Tax exemption ^A Thp property legally described as "Lot Two (2) in Block Eight (8) in the City of Edmonton, in the Province of A Iberta, Canada, as shown on Subdivision Plan 3915 M.C. (Bonnie Doon S.E. 28-52-24-W.4).

Reserving thereout all mines and minerals", and the buildings and other improvements located on the property shall be exempt from assessment and taxation except for local improvement taxes pertaining to minerals for so long as they are owned and used by the corporation for or in connection with the provision of and facilities for divine worship, charitable purposes and the provision of educational and training facilities for young girls and young ladies seeking to devote their lives to the aims of the corporation through membership in it. 15

An act to Incorporate La Corporation Des Soeurs de Sainte- Croix et Des Sept Douleurs, and/or The Sisters of the Holy Cross is repealed.

In accordance with

section 4(1) of the

Interpretation Act, this Bill comes into force on the date it receives Royal Assent. Title: 1985 (20th, 3rd) Bill Pr5, Les Soeurs de Sainte-Croix, Province Sainte-Therese - Sisters of Holy Cross, Saint Theresa Province Act

Document details

Collection	Alberta — Bills
Citation	L20 S3 3463
Type	bill
Volume / chapter	L20 S3 3463
Language	en
Format	json
Source	PROVINCIAL
Identifier	1f059f16fb2dedaf91d6e6dc68649920dba3db4a

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