Bill 8 (Legislature 5, Session 3)

L5 S3 9459

Alberta — Bills

BILL No.8 of 1923.

An Act to amend an Ordinance to incorporate the Roman Catholic Bishop of St. Albert. (Assented to ,1923. HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: I.

Section of A n Ordinance to incorporate the Roman Catholic Bishop of St. Albert, being number of the Ordi nances of the N orth- West Territories, 1878., is amended by adding as subsections (2) and (3) thereof the following: "

(2) The said corporation in addition to all other powers shall have power- "((1) to borrow or raise or secure the payment of money in such manner as it shall think fit, and in particular by negotiable instruments and by the issue of debentures or debenture stock, bonds, mortgages or obligations, charged upon the property of the corporation, and to extend the period for pay ment of the same, and to purchase, redeem or payoff any such securities in whole or in part; "(

b) to advance money at interest rates and to receive mortgages, bonds, debentures, negotiable instru ments or other securities as security therefor; and to assign, sell, transfer, hypothecate, pledge or otherwise ·dispose of such mortgages or securities so received; and to discharge and release mortgages or other securities so given, either in whole or in part and to extend the period for payment thereof; "(

c) to insure or give any guarantee for payment of any loan, mortgage, bond or debenture' issue, obliga tions or securities made or issued by any parish or parishes, situate within the territorial limits of La Corporation Archiepiscopale Catholique d'Edmonton, as the same shall from time to time be constituted; "(

d) to mortgage or charge all or any part of the pro perty of La Corporation Archiepiscopale Catholique d'Edmonton, either for the payment or security for a debt or otherwise. "

(3) Each of the said parishes shall have the same powers as are hereinbefore in this

section conferred upon the cor poration." Ko.8. THIRD SESSION .FIFTH LEG ISIjATTJRE l~ GEORGE Y 1923 . BILL

An Act to amend an Ordinance to incorporate the Roman Catholic Bishop of St. Albert. Received and read the First time .............. . Second time. . . . . . . .. ..... .. Third time ................ . HON. MR. BROWNLEE. EDIIIONTON: PnINTED BY J. v\ ... JEFFERY, KINO'S PRINTER Title: 1923 (5th, 3rd) Bill 8,

An Act to amend an Ordinance to incorporate the Roman Catholic Bishop of St. Albert

Document details

Collection	Alberta — Bills
Citation	L5 S3 9459
Type	bill
Volume / chapter	L5 S3 9459
Language	en
Format	json
Source	PROVINCIAL
Identifier	67126f677560ac35d634fbcb8b0996f0a4e19ec6

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