Bill No. 71 of 1951. A BILL TO AMEND THE COMPANIES ACT NOTE. This Bill amends The Companies Act, being

chapter of the Revised Statutes of Alberta, 1942.

Section 45 (2),

section 58 (1) (d),.

section 75 (5) (

b) and

section 119 (1) (

a) are each amended. The effect of these amendments is to delete those refer­ ences to shares as being designated by distinguishing numbers, as there appears to be no necessity for a distin­ guishing number for each share. This Bill ,comes into force on the 1st day of July, 1951. KENNETH A. McKENZIE, Legislative Counsel. (This note does not for11~ any part of the Bill but is offered in explanation of its provisions.) BILL No. 71 of 1951.

An Act to amend The Companies Act. (Assented to , 1951.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1.. The Companies Act, being

chapter of the Revised Statutes of Alberta, 1942, is hereby amended.

Section 45, subsection (2) is amended by striking out

Section the words "and distinguishing by their appropriate numbers amended the shares fully paid, partly paid, and forfeited, as the case may be,".

Section 58, subsection (1), clause (

d) is amended by

Section striking out the words "distinguished by their appropriate amended numbers,".

Section 75, subsection (5), clause (

b) is amended by

Section striking out the words ", distinguishing each share by its amended number".

Section 119, subsection (1), clause (

a) is amended by secti~n d119 striking out the words "the number,". ' amen e 6. This Act shall ,come into force on the first day of July, ~oming 1951. mto force No. 71. FOURTH SESSION ELEVENTH LEGISLATURE GEORGE VI BILL

An Act to amend The Companies Act. Received and read the First time .............. . Second time ..... 'Dhird time . HON. MR. GERHART. Title: 1951 (11th, 4th) Bill 71,

An Act to amend The Companies Act