Bill 32 (Legislature 1, Session 1)

L1 S1 10460

Alberta — Bills

AN ACT TO INCORPORATE THE STRATHCO ~A CLUB OF THE TOWN OF STRATHCONA. "VHEHEA~ the persons hereinafter Iutmed aml others in the Town of Str<~.thcona and v.icinity have associattd themselves together for the establishment of a club for social purposes ; AND \VHEHEAS the said persons heminafter named have prayed to he incorporated by the name of " The Strathcona Clluh" of the Town of Strathcona in the Province of Alberta and it is expedient to grant their prayer. 'l'HEHEFOHE the Lieutenant Governor by and with the 1dvice and cunsent of the Legislative Assemhly of the Province enacts aH follows : 1.

Freduri('k Houry i::lache, Gentleman; Frederick Charles .Jamip,;ou, AdYocate ; Robert Blythe Douglas, Merchant; Arthur U. B mlim, :\Ierchant; .Jchn HaHtings Tranter, Merchant; (ieorge Fianeis Downes, Advocate; Harry Fraser Saudeman, Brokur; William Henry Sheppard, Manufacture}; Orlando Bnsh, Broker: Wilbert Mcintyre, Physician ; and William .M, Hill, :\ecouutant, aml all such other persons as noware,or hPre after Hhall beconw, members of the said association shall be and ar<

c) herehy dPelan~d to be a body corporate and politic, in deed and in na11w, by tlw name of "The t)tratheona Club,'' and by that name shall have perpetual succession and a common seal and shall h»Yc power from time to time and at all times here after to be able and eapable to purchase, acquire, hold. possess and enjoy, and to have, take and receive to them and their sncePssors, to and for the actual nse of the r;aid corporation, any lands, tem'mPnts. herPditaments and n al and immovable pro perty and estate situate, lyin~ and being within the said Town of Strathcona, and the same to sell, alienate, exchange, and otherwise dispose of or encumber whensoever the said corpora tiou may deem it proper to do so ; and by the same name shall and may be able ami capable to sue aml be sued,' implead and be impleaded, anHwer and be ans;rerecl unto in any matter whatso ever. 2.

The constitution, rules and regulations touching the ad miuistration of tho said cor1Joration shall be formulated at a w;eneral meetin~ thereof called for that purpose and of which at !t~ast ten days notice shall be given by public advertisement or otherwise to all the members thereof ; and the constitution, rnh~s and regulations then adopted shall have full force and effect in so far as the same shall not be inconsistent with the laws in forcE~ in the Province and the provisions of this Act.

Provided always that the said corporation may, from time to time, alter, ropeal and ehange such constitution, rules and reg ulatious ill the mauner therein provided. 2 3.

The said corporation 111ay, from time to time, horrow lllOJH•y, not to Pxceed in tho whole the snmof Twenty-five Thon ~nud Dollars (~2f.i,OOO.OO) at such mte o[ iutenJ."it and rtpon such turllli' as they may dmHll proper ; and may for such purpose; makP, expc~ute or issue any mortgages, bomls, debentures or otlwr instrnments, under the seal of the s;<ill corporation, which bonds or deut•ntures Rhall opf'l'ate'subject to any mortgage given in part payment of the purchase money of real property acquired for a E ito for the elnb bnilJings or for the erection of such build ing" and appurtenances thereto, as mortgages and charges a:~ainst the lauds and effects of the said corporation witheut re gis~ration : and Pach holder of any of the said debentnres or bomb is:metl n!l(ler the nrovisions of this

Section shall be deetwd to hP a mortgage;.~ aml encumbrancer pro rata w<th the other holders then~of upon any in tm-Pst in any real estate held hj th·.~ saicl corporation, and also upon any such interest in any policy or polieies of insuranep against loss or damage by fire n:l'eetetl11pon tlw buildings oww'd by the corporation. 4.

An.Y su('lt nurtgagc~, hom!, (:Pbentnw or other instrument shall be siglll'll by the president of the said corporation and eo~mtl'f . .;igned by tlll~ f'Pcretary. 5. 'l'he money,.; authorized to he raisml under the provi~ions of t-k ~tiou B of this Aet shall he applied exclnsiYely in the ]pnr chasu of a site for tho elnb buildings and in thn purchase, improvement or on'etion of a dub-house and dependencies theroon, together with the nncessary furniture, or for the pur cha,.;u of any fn·ehold intt~rest therein, aud in the payment of auy mortgage or charge thereon, and for the redemption of the ~mi I debentures and any rP issues as tlwy become due respectively from time to tinw and at all times. 6.

No lllPllllH~r of tlw corporation shall he in any way liable for or ehan~l·able with the payment of any debt or dpnumd due by the said corporation beyond the nxteut of the entrance fee and atttmal snbscriptious wmaiuimr unpaid by the said member, and for any unpaid accounts 118 may have ineurrml to the cor voratiou for articlt•s ordered by him in sn.id club ; and any 111emher of the said dub, not so imlebtecl to the said corporation, nmy rdim tlll'rdrom, and W'll cease to be a member on giving notice to thar ptf'pd in SUch form as may be required oy the eoustitntio:1, rules awl regulations of tfw said club and thence forth shall hu fwu from liability for any dPbt vr engagement of the corporation. 7. 1 lw saitl corporation shall have power to draw, make, accept and Pndor:3P all bills of exchange and promissory notes necessary for the purposes of the saitl corporation, under the hands of the vn•sideut and secretary thereof. after authority of tlw com111ittee of the tmid corporation so to do; and in no case shall it bu necessary that the seal of the corporation be fixed to <~ny Rnch bill or note -nor shall the president or s1~cretary be individually liabl<~ or respousible therdor: Provided that nothing hen~in coutai,rwtl shall be construed to anthori;~;e the corporation w isome noteR or bills of exchallge pay able to bearer, or intended to be circulated as money, or· as Jrotes or bills of a bank 8.

Nothwithst:mdiug auythiug lwreinbefore contaiued, the sai(l corporation shall have power to rent any portions of the real estate hehl by the said C"rporation upon such terms awl for snch period as may be agreed upon; and to invest in real awl personal secuntiPs any funds of tlw said club. 9. 'rhis Act may he cited as "The Strathcona Club "~ct.'' No. 32. First Session, First Legislature 6 Edward VII, 1906. Bili

An Act to incorporate the Strathcona Club. ReceiYed and read the First time April 4, lHO(i. Second Reading ........................ . Third Reading .......................... . Mr. Ruth@rford EDMONTON: ,fAf'. E. RICHARDS, KrKG's PRIXTER. A.D. l!:!Ofi. Title: 1906 (1st, 1st) Bill 32,

An Act to incorporate The Strathcona Club of the Town of Strathcona

Document details

Collection	Alberta — Bills
Citation	L1 S1 10460
Type	bill
Volume / chapter	L1 S1 10460
Language	en
Format	json
Source	PROVINCIAL
Identifier	7628e3f170f10240f62a0e96377158cf364e371d

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