Bill ID 5263 (Legislature 17, Session 2)

L17 S2 5263

Alberta — Bills

1973 Bill Pro 10 Second Session, 17th Legislature, 21 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL Pr.10

An Act to Incorporate Westbank Golf & Country Club MR. KOZIAK First Reading ... Second Reading .. Third Reading .. Printed by QUEEN'S PRINTER for the Province of Alberta, EDMONTON

Preamble

Short title Incorpo raUon Directors Capital stock Registered office Powers and objects Bill Pro 10 Mr. Koziak BILL Pr. 10 1973 (Assented to , 1973)

AN ACT TO !NCORPORATE WESTBANK GOlF & COUNTRY CLUB VVHEREAS the persons hereinafter named have by their petition prayed that ;jt be enaded as hereinafter set forth and it is expedient to grant the prayer of the petition: THEREFORE Her r¥1aj esty, by and with the advice and COIJ.S8Et of the Legislative Asserilbly of Alberta, enacts as follows: 1. Tlhis A,ct may be cited as The WI estbank Golf & Coun t:'?! Club Act. 2. Ed"va,rd E. Bishop, Barrister and Solicitor, Kenneth A. lvkKenzie, Barrister and Solicitor, Thomas Jackson, Barrister and Solicitor, James E. Redmond, Barrister and Solicitor and Patrick M.

Bentley, Barrister and Solicitor, together with such persons as become shareholders in the company, are incorporated under the name of "Westbank Golf & Country Club", (hereinafter called "the Company"). 3. The persons named in

section 2 shall be the pro vision·:1] directors of the Company. 4. 'The capital stock of the Company shall be $20,000 divided into 10,000 shares with a nominal or par value of $2.00 per share. 5. The registered office of the Company shall be in such location in the Oity of Edmonton or elsewhere in the Prov ince of Alberta as the directors may from time to time (letermine. 6. The Company shall have the following powers and objects, that is to s.ay: (

a) to' pronl0te, organize, conduct and nlana.ge a golf, curling, <country and social club; (

b) to prOlllote the game of golf and other sports, games and recreation;

Additional powers' Articles of Association Limited liability Non-profit organization

Definitions (

c) to hold. ~nd arr8~nge golf and other matches and compehbons. and offer and grant or 'contdbute t?w-a!dsthe pr'Ovision of prizes, awards and distInctIOns; (

d) to. suhs,cribe to, become a member .of and 'co-operate wIth any other a~sociation, whether incorporated o~ ~ot, whose objects are altogether or in part slmll'ar to those of the Company. 7. For the purpose of ea,rrying out its objects the Com pany has the powers set out in

section 20, subsection (1) of The Companies Act land, in add:ition, the Company has the power to make regulations for the operation of the Company by the enactment and adoption of Articles of Association including, without limiting the generality of the foregoing 'Clause, regulations concerning the aHotment and price of shares, making calls thereon, the payment thereof, the creation of various classes 'of membership, the imposition of fees, dues and assessments in connection with shalres or memberships or both, the disposal or for feiture of shares for non-payment of calls, fees, dues, assessn1ents 'Or other sums payable by the shareholders to the Company. 8.

The Company's Articles of Association shaH, in the first instance, be adopted by resolution of the p,rovi,sional directors and shall thereafter be amended, added to, dimin ished or replaced as proV1ided in The Companies Act. 9. The liabHity 'Of the members is limited to the amount owing by ea(,h member to the Company by way of amounts unpaid (if any) on the purchase of shares .issued as not fully paid up, for subscriptions, fees, dues or assessments unpaid or any othe'r lindebtedne.sls to the Company. 10.

The aSlSets of the Oompany shaN 'be applied solely towards the promotion of the objects of the Company ~s set forth in this Act and no portion thereof shall be paId or transferred, directly or indirectly by way of dividend, bonus 'Or otherwise howsoever by way of benefit to the members of the Company. 2 11. In this A,ct, (a) "call" !includes an assess'ment, instalment and any other sum paid or agreed to be paid or payable in respect of a share; (b) "director" inc1udesany person o,ceupying the posi tion of director by whatever name called;

Application of The Companies Ac.t Commence ment (c) "share" means a share in the share capital of the Company, and includes stock, except where a dis tinction between stock and shares is expressed or limplied. 12. The following prOVISIOns of The Companies Act apply to the Company and are hereby made part of this Act, that is to say:

section 6;

section 8, subsection (2) ;

section 9;

section 13;

section 20, subsections (1) and (4) ;

section 29; sections 32 to 35 ;

section 42; sections 53 to 55 ;

section 56, subsection (1) ; sections 57 to 59 ; sections 61 to 66; sections 67, clauses (

a) and (b) ; sections 73 and 74; sections 77 to 80 ; sections 97 to 106 ; sections 114 to 131 ; sections 133 to 136 ; sections 145 and 146; sections 149 and 150;

section 193;

section 287. 13. This Act comes into force on the day upon which it is assented to. 3 Title: 1973 (17th, 2nd) Bill Pr10,

An Act to Incorporate Westbank Golf & Country Club

Document details

Collection	Alberta — Bills
Citation	L17 S2 5263
Type	bill
Volume / chapter	L17 S2 5263
Language	en
Format	json
Source	PROVINCIAL
Identifier	7bc61dffc866f6fc6d51c511b7dd28f69be27728

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