BILL No. 36 of 1916.

An Act to amend The Corporations Taxation Act. (Assented to , 1916.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Corporations Taxation Act, being

chapter of the Statutes of Alberta, 1~07, is hereby amended as follows:

Section 2: (

a) By inserting the word "hail" after the word "fire" in the second line of subsection (

c) thereof, and by ineerting the words "or hail" after the word "fire" in the ninth and the tenth lines of the said subsection. (

b) By adding thereto the following s.ubsection:. "(Ie) "Transact business" shall include, in addition to its ordinary meaning; selling or bartering or offering for sale or barter any of the shares aT' stock or other interest in the company or corporation, and bu,siness tmnsacted by an agent of a company or ~orporation shall be deemed busineEs transacted by such company or corporation."

Section 3: (

a) Subsection (f): By striking out the words "·other corporatIons, unless such other corporations have" where they appear in the seventh and eighth lines th.ereof, and substituting therefor the words "any person, urJess su~h person, being another corporation has". (

b) By repealing subsection (rn) thereof and substituting therefor the following subsection: .- "(rn) Every express company doing or being concerned in an expre'ss business in Alberta pursuant to any traffic arrangement or agreement with f:l railway, express or other company, shallaunually pay the following t:'1x: "1. M5.00 for each ipcorporated town in which such an express company has an office, branch or agency, or ofi1cel', branches or agencies j .

"2. $45.00 for each incorporated city having a popu­ lation of less than 5,000 in which such an express company of an ofiice, branch or agency, or ofIices, branehes or agencies. "3. $160.00 for each incorpoTated city h~ving a popu­ lation of 5,000 or over other than the- City of Edmonton or the City of Calgary i}l which such an express company has an office, branch or agency, or offices, branches or agenciel'. "4. $250.00 for each of the Cities of- "(

a) Edmonton,· . "(

b) Calgary,- irrespective of the number of offices, branches 01' agencies." (

c) By adding thereto the following subsection: "(

n) Every company, joint stock company and cor­ poration (other than a municipal corporation) which transacts business in Alberta, and not hereinbefore this

section referred to, shall pay an annual tax of-- 2 "$5.00 if its authorized capital does not exceed $5,000.00. "$10.00 if its authorized capit;:tl exceeds ~;5,000.00 but does not exceed $10,000.00. "$15.00 if its authorized capital exceeds $10,000.00 but does not exceed $20,000.00. "$20.00 if its authorized capital exceeds $~~O,OOO.OO but does not exceed $50,000.00. "$30.00 if its authorized capital exc,eelis $tiO,OOO.OO but does not exceed $100,000.00. "$50.00 if its authorized capital exceeds $100,- 000.00 but does not exceed $200,000.010.

"$100.00 if its authorized capital exceeds $200,- 000.00 but does not exceed $500,000.010. "$200.00 if its authorized capital exceeds $500,- 000.00 but does not exceed $1,000,0001.00. and if its authorized capit,al exceeds $1,000,000.00, then it shall pay in addition to the said tax of $200.00, n further nmount of $100.00 for eachi additional $500,000.00 of authorized capital or" fmction ithereof; provided thnt the totalfl.nnual tax payable by such company under this Act shall not exceed $450.00." 3. Eection 4: By adding thereto the following subsection: "

(2) The t:1~es imposed by:subsections (

m) and (

n) of

section of this Act 8ha11 for'the year become due and be payable on the thirtieth day of June in the said yea-r, and for every sjlbsequent year such taxes shall become due and be payable on the second day of January of each such year; provided, however, that when a cor~pany, joiilt stock company or corporation taxable under either of the said subEe'dions first commences business after the said thirtieth day of June in the year or aJter the second day of January in any subsequent year, :mch tax shall be deemed to be dlle and payable by such company, joint stock company or corporation upon the date of its so first commencing business; and if wch business is so first commenced at any time after the thirtieth day of June hl any year, one-half only of the annual t:ax shall be required to be paid for the then current calendar year." 4.

The said Act is amended by adding thereto the follow­ ing new sedionA: "21. The Iaet that any company, joint stock company or corpOlalion is in arrears in payment of any tax or fee imposed UpOll it by this Act may be pleaded to any action brought hy it and if established shall he an effectual bar to such action until such arrears are paid or extinguished. "22.

No registrar of land titles for any land registration district vdthin the province shall register any instrument made by or in favour of, or purporting to confer any interest in l:md, whether by way of caveat or otherwise, upon any company, joint stock company or corporation until he is satisfied that such company, joint stock company or corporation is not in arrear for any tax or fee imposed by this Act." 2. This Act shall apply to all companies affected thereby from the first day of January, A.D. 1916. No. 36. FOURrrH SESSION THIRD LEG ISIJATlJRE GEORGE V BILL

An Act to amend The Corporations Taxation Act. Received and read the First time ................. . Second time ............... . Third time ................ . HON. MR. MITCHELl". EDMONTON: J. W. JIIFFIIBT, GOVIIBNMIINT PBIMTIIB, A.D. 1916 Title: 1916 (3rd, 4th) Bill 36,

An Act to amend The Corporations Taxation Act