Bill 6 (Legislature 8, Session 3)

L8 S3 8250

Alberta — Bills

BILL No.6 of 1937.

An Act to Incorporate the South Edmonton Athletic and Sports Association. (Assented to ,1937.) WHEREAS a petition has been presented for the incorpora tion of an Association as therein mentioned and it is expedient to grant the prayer of the said petition; Therefore His Majesty by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows :- 1. Charles S. Fisher, Gordon B. Porter, Edward J. Taylor, Raleigh B. Brooks, John A.

Young, James Smith, James McDonald, Frank Cowles, Jr., Campbell Bonnyman and Eugene Etzkorn all of South Edmonton in the Province of Alberta together with such persons as may hereafter become members of the Association are hereby constituted a body corporate under the name and style of South Edmonton Ath letic and Sports Association hereinafter known and de scribed as "the Association." 2. The said Association shall have power,- (

a) To acquire land in the Province of Alberta and to layout and maintain athletic grounds and maintain race courses and exhibition grounds and may con struct such buildings as may be necessary for the purposes of the Association. (

b) To hold exhibitions and contests and exercises for promoting skill in the' use of arms and horse and foot races and horse races and other lawful games which require bodily activity or address. (

c) From time to time to sell, lease or otherwise dispose of the whole or any part of the property and under taking of the Association by sale, lease or otherwise and to acquire other property in place or stead thereof by purchase, lease or otherwise. (

d) To enter into all contracts or agreements necessary or expedient to be entered into for the foregoing purposes. 3. The capital stock of the Association shall be $20,000.00 divided into 20,000 ordinary shares of $1.00 each. 4. The holders of the shares in the Association shall not be personally liable for the debts of the Association or liable to the Association in any sum except su~h portion of the amount that they may have agreed to pay for their shares as remain at any time unpaid. 5.

The Association shall have power to borrow money from time to time on such terms and conditions as the directors may deem expedient and to secure any sum so borrowed by the transfer or hypothecation to the lenders or to trustees for their benefit of the whole or any part of the immovable property of the Association. 6. The Association shall have power to apply any part of its receipts or revenues by way of prizes to contestants or competitors at any meeting or exercises held by the club or by way of premiums to the breeders or owners or ex hibitors of animals exhibiting or contesting thereat. 7.

The Association shall have power to preserve order upon and in the vicinity of its grounds and for that purpose to employ spe,~al constables. 8. The persons named herein shall form the provisional directors of the Association and shall have power to provide for the constitution of the Association and the admission of members thereto. 9.

A general meeting of the Association shall be held within twelve months from the date of the passing of this Act and in each calendar month thereafter and that at the first of such general meetings the management of the Asso ciation shall be vested in a committee of ten members or such other number as the Association may from time to time determine and shall be elected annually at such general meet ings. 10.

A majority of the shareholders of the Association may from time to time make and repeal or amend all such by-laws and regulations for the carrying on of the affairs of the Asso,cjation as they may see fit and any such by-laws or regulations not inconsistent with the law or this Act shall be binding upon the Association and upon its members. 11. The head office of the Association shall be at South Edmonton, aforesaid. . .12. This Act shall come into force on the day upon which It IS assented to. THIRD SESSION EIGHTH LEGISLATURE GEORGE VI BILL

An Act to Incorporate the South Edmonton Athletic and Sports Association. Received and read the First time ...................................... . Second time .................................... . Third time ....................................... . MR. MULLEN. EDMONTON: A. Shnitka, King's Printer Title: 1937 (8th, 3rd) Bill 6,

An Act to Incorporate the South Edmonton Athletic and Sports Association

Document details

Collection	Alberta — Bills
Citation	L8 S3 8250
Type	bill
Volume / chapter	L8 S3 8250
Language	en
Format	json
Source	PROVINCIAL
Identifier	2dc643eda15434ef7a9dcdcbd6801e8cff811595

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