Bill 31 (Legislature 2, Session 1)

L2 S1 10914

Alberta — Bills

~l~:::::~AZ ihc personA hor.lir.(·.ft,,r nH;r.o:l t~.' tl:elr ~·otl tion !·r:1y to t., incorporate.i wi 1.h ti;e po-o;tJ:rfl :':'l rei a "t"r ~:et !"orth, •m:~ it !.:: C:1:l•Od1cnt to grliJlt. the rrn;tor o! thO said 1 otition: :·1::·::\:-:Fc:-;·:, ;r:r:--. 1!.\J::S'I'Y. by c.r.;i witl: tho u.d vi co ~n,, r.on~or.t o;~ The !.•·.:::;i~'-ntive :,saembly of tho Frov~noo o:.' Al1Jc:·ta, enact:: u~· l"ollo·:,R: 1. Os<Jnr G. liov~mt~h. 3r:;kcr; ~c:tb:r. ~:. Jlli!'.!.P.gon, ·:!1;:or; Goorc·c 'i'L::.!•on1., :·nr.: ;;a'!" calor,r:.· :ri:·c :nsnrar.ce co .. :r,un:r: .~ocoph J\.

";~lkor, hnn;c ::tA.:'lagor, :.nn ~hon·.r~ :~.

Twoortie, ::-n:·ds t<~r, :.ll of ti1· Cit~· o.•: f:nlt.:~·'7 in t:l•J l'rovin.~o ot ..:.li·ortn, to t: ihe;l· ;; i ~ h ~u,· i; other !'" """ on:1 ,,~ be como si:~ r<'10l ~orR in t~'o r.._.t,.!,lLJI;: H:'•! hc;;,i·:,. jneorr;c::-~tcrl nr.:~er t;_:; r.u: -'· o!" t;~" "r:alg.:lr~· 2. ':ho haad o!"ticc o~ the Cor.:: ny sr~~all ·,() ln 1hc r1 t:; !ln:' llr..or,el:;~ ~u:: l...J c:ntnl:lishccl a"\:1 :r.:1.ir.to · r. .... u: .:or;i:o.::--u in :mch munr.er a a ~hr.: d irootoro ~ .. ny fro:~ t:! :~" to time a!l!lOint. ~. ~·;,o cupi'Lal stock o:.~ t.ho Company ~~hall tc fivA hun- ~l't:<l t lJ01HHln•1 ~~ o'.l•L ~~', :'l 1 vi clod into five thou .. and n'r.orca of one hnn•lro:· • ollnra ouch, such :;hares shall an·i _; ::-·l hero by vested ir: t.i;c aovc!'al per:;or::: to who~ th.:.;v· .;i:ull l:.-1 :.llottod, their le!_;nl •·cprosontatives nn:~ ~~~::icns, r'·.1r.: ·.ct to •,J:~ l·-o';i"~ ons o.t' • .. r.1:- :~:t: or.o mitlio;-. tlollars t~c u r::.Jo!''!.~:r o~ the cltcrcholdera at Arpoc ial general n:.ooting ox;roasly convened to ... th1! pn!'roae ~!'~all dlitorcir.•J,

-!:- .•• Tho p;::-aonn nn:nad in ~action 1 o~ t::L /.1·t F.}Jo:lll l:e ~h.:l!n, -::.r;:.· cn·n:o :-:toe:: l:ovk~~ to r.n 0!1cr.-.d, nt ~l!. chle:f' plnao :-:cr~p1.1onc for :·tock _~or th: un~.f:!'tn:::nt,:, lCA.ko cnll£1 on t:tod: :.J1Jb~c::-1bed, and rooeiva th•J paymflnt thorofor; a:-:ct ah$11 ~~epoR- account of :.:· r: CO!l:pnny, end. mey witbd 1·~·~ tho ·:n:·:•: '.'o:- t!:<: pur- ' n~· .. c ' !"rovi: ~or.nl !::lr<.ctoro r:J:nll ooa:::c ~'1J O(:t,·rr .. lr.ol • son o= !·o:Eono, lod!' or bodies corporate,,or by any court in tha :r>rnv!nce of ,~:.·r.r·rtc or r~' any Court in any ;·,o\1 nee o:-~~-:-r'.- ·.-:Uch i1 I:J :.r 1:•: cntjtlcd to <'1~~·1·;: on b:zo1nNIA r:n .. ,; out~·i·1o o':' t::c rrovince o;~ ~al1• rtn: ~o O!t.·::;: out U:c rro- m1n~3'vrntion for :m•~ to.· dr1!r.istcr 1ntf!Btr.11'! eost!'-tefl nn::1 !'or

-~- C"l.l'IIC~ tr~t;,a r:-· oJ.·: r:eo :-a1~ ot:.er l)Ora::ons ;·:ho :•:-o unilor nny <iil't- u.Lili\~' 1.1r il.,:t.!-:.cit:;tllci tn t-11t 1:u~ th•.::;c'7.l'.' •t1. (·1) T'l ~r!'lY ~or:-: ni::tu,{;r.t anl to bu :.;.Lt.•c:r.t(lr1 f.n:: to net t .. l ~1tnrtH'iTl" c" t;,.: or.ts.tdl o" ln.:'ants. ( .-t) ~o bo Rf-pOintc nn:l t•) ncoopt ~cr.:~ to o~c(;uto ~:~~icf:IJ of ; .. ,,, ic !• :1rr.ir.1~trnt~ nr.d(:l' :.:1~; ;,,:·. ''or v.ny on.; or rr.o~c o:~ th& ,1~r.tri~t!1 0!" for the WhOloe 0~ tho irovir.CG Of .~ll:erttt., nn-~ i'or any on,; or rt.oro of t}:o countic.a, d:iatri<'~s or vther ~ub-di v- ! ionc o!' an:' or nll th•J :::ro·1:r.cei' O."' 't < r:·i to:·~ ea oil:' t!lo !~c~~:ir. ion o~ ~:r.nn:a or ;):;,(.r '.t:l1e or cour.tr:: ir. ,'lh' .. ;h 1t 1•:~:: Jnwrul')' '''~7·ry or, bu~:i.nCB£1 ill .CC<'!('•~Ciunco 'Rith ':.r.c lr.wr 0~ c-iiCli irovl ntH• f,tat( or torr1.t ory. (f) ::o cct ns &Gtm~f; .f'or e:x•Jcnt.vrfl, n.h1r.1~:t:rA'-orfl, gnnrdia:'ls, ~r.l:ct.i•u:: Or.

C0!1 • .11·.uu Of t''t•; ,-,;-t,stef' ~-;' i.~lr.P..t :·,·, i:.lc:dles, per :'or.:: ir.ct,rdcttte1 \·:: ol1l t<i..t! or .Jti•orwif'lo, r•:r.t: v.:,"fl, 11 111i,~n tu-:-a o~ assi("r.<!nF., :.11' to :r.:>.nHt_:i), t>i'lr-jr.it>-'lcr, ... ,~:.litn nror. ond ·~o i:'i· r:-··hi:~e; ! .-.rt: •. tr:int. th·.rr.to u:' ~ully dl•' :-;-,;c~,:~•lly e.o tho owner or onnerr. thereof might or could r'l.o. (g) ',;'{) l'.ct art li·p~clntor or ,-.lcoiv,,:· or i:"l otr.,.r ~irtJiJr.r ¢~! t•.c.: ;,· in "',.,;·,~ -:•:i1L~ir.!.,; up 0"!. t)·.t} l)'10~r.(JGf· Of l)Orr.Ont~ 1 :·::r~~ C:- , ... ~':'"t:O'!:"'f .. - t10J'\f1 o:- for _plF!-o:·.::· o" ronon'1trnct.!on o:-- tur.n:l._-:J.--:c":"ion. ~r.: 1 t:-o H,:-:. ir. prorr.otin~ ~-i: analt;n:r.tt.i.ion or ;otor>ir.,; i:·. ~ of .. ;-.;· .·;;~i• l·n~.ir .• :H:c, 'h'tr:1n·~~:(loS o:- cor!">rotio::.:. .~OO}>nr&.ti.on \h) ~:o ro..-coivo ."ur:c;r.r;;-~r.tr· o:' .,r.tn· •. -.g •:!'Ot: nr.;· tn1:1t :.!ncl P.Y.ec- ,, ~·: :c·.H:'L t.::~.;:-tJ, r-rr; to c:w; .. c::tc ef\ tr.::·to•}, decf!'l o!' :•. ~J~1gnr.cn! :~or V1~ ur.r.•::!"1t!' o;: Cl"C(lltorP., :md to reuli?:fl U!'On 'r.~ :,1 rl~:· ~ :-'},:;to :.cctirdinc; ~ o lnw th.:: !\~::cuts nf any "r;ll.-ir,css rcce'•;u-: :n ~" .. :~·1. o.- 'hy ·t:~t:it;ll'j,._~.,t n, .. :~t1 l:f··iH!(1Rtur o~ .·t":<.:t:.iv(r •. -~n~ !o !1~!~ ,,;~ '•l'H~~t~tC :"or ~-:1•. lH:r.c-fi 1. o);" (!:'h)i to:·r or :.:::· ;_;;:i!Oll :~··(lu~ nny or.:tlr.Hr·co or .t~~ute ;r ""orco ir. tho ?:-ov1r.r.a o" i.H!•'rtll or nn:· :·rov:l1r.e O! ~ann-'n 0"' r.n.v Sta~.-:. or C•'::r.tl")· in •r::1ch it rt• y law-

. -··- 11) To buy, take by grnnt, tlRRigMent, deYiae, bequest or other wise ant'! to acquix·c t1 'Lle to ancl to ?.ell. an<\ tranefar or exo'l'nr.ge real e~tate :·or any VP.luable conaidernt1on and o"eoute convey- r.ncafl tl1r:refor; to erect ·l:n:.lr~ ingR ~n ~inta::n, repuir and 1r:.prove nny real eRtato. (

J) To act :nd conduct l:tt!lin~cr-:- 1t8 financial, 1naurant"!e, collcc- tion, rr.al estate, ~ouae. special and general 3gen'Ls und brokors, tmd to acrtuire ae;encios. e.ncl to be ap}>o1nted :::;er.t ot any pcreon ~; r., or COTJIOTO.'tion. (-:.:) To r,ct genOfllly r.s ll;!l!'lr&iserl", valuatorA o-:- ad:jn~tore ot real oota'Le, perRonul ef!tate, Ptock~, goocls t~.r..~ chattels or for · ny otl:er lawfnl ru:rpoBe; to act as~ ccou:-·.t.r.-;, .n~ nuditor;and 1 o es~m:.~ 1:r.;~ par!orr.; RUCh :inties af' are or u:••:.• l:o :;n:rfonned by dJr~otion or thu Cm1r'L or a Judge or on doro~~t nnd· to ~llow r1:ch rnte o~ ra'L,.,f' of intcr.:rt thereon 1:s r.ey be :~,greed upon ';.o inve:--1. <\nil dGt&l ;·:!.~!: :~;;1:q1~:> HO rnce~ved ~:r-on tru:--.. or 1.~· ~iroctio:: o!.' ~he Court (P.ul>J• ct. to ~h(• oril4ir of the cou~

t) in auoh mPnner ae all trust fttnde ~ be·inveetea:or ·· d ea 1 t with 1•7 tr.c ·~o~p· ny, nr. deal With mono~~ rece1 vud on 4 e pcmit o~h·.~ 'l.h .n by thn direction ot the Court !.n f.nch r.::1·nr.cr as mR:' b•! r.ctendnl)n from tit:.c to tim~ by the di!'eotora ann upon r.nch <:ftcuri ti en nR to thn 4 irr.ctorfl rr.R.y 4eem ::ufi'ic1en1.. ( r:) 'I'o loc.n ro;•1nr.y:- of tha CompMy. '11)10thor th·:: :":&r'Je 'be cari ~ el' .::-·J,.i'Lr o•· ::-c:-orvo n11 wt.:ll nn monoy:- received on clepor:it on t~,. <1ircctoT9 ;·,:;: :::r.:~:-. !'llt:::tdont. ( r.) '.i'o pey pr.~oT.11llr.R .•;r,-' ciucl': pa::a'hle in reP.!'Iect of fi · a in~nrance \'ed: ,. :-.tv ~:v· lonnr~ mv.ne ry the Col!lpnny or oec<lrit i4S 1· cl1 l'y ~t or t.rlt::'. pror.,.rty or o".hcr estates m:.lttr 1~., control, ur.., lu

-!"·- !"ro:. tl:c n:~iuto for or CJn wl:o~~o llchtLlf' O'!' :'••r -;-:"rone lcr,•:-"<t nn:J ~uch :pay>.nl1rt.,: l-.uvc bM:n ::1··dc, :•,·o•;:tdu1 al?.'li::r. th11i whero •·.:u•h rn::.n:·•:nt is ma(1e or. l o~al:::~ o:" nny tntr.t pr.-.,r.c)·t:' or ca- tute !1.nd :1!1 mndo o•!1 c"' thn fnr.:·.a of :-nd· t~·nr:t or ··•tt.to r..o :r.- he., .. , ~t o; o1r.r:r-• I ·doe uo:tuiro title to r•n•~ to roll und trsnnfcr ·.n:: Provinc~nl, rail·:uy. mtir:icirnl nnf. other 'honlla or dolontures or ur.y kind ·,•.i.at:-oc,·: .. r 11r. 1 l.t;~· ~:~took:~ nr.." P.hO.T(!O f.n:' o".1:n· .1ccuri t• ea. ·eauin~ or courtrr- r>l·.nroa orc<l1 t' :' tU' :'~tJ l:,r ! ~· !cl 'l!' or parti nll:,r F· :!.d up ."or the purohnoo ir. ·:,-'.

o) c o:r ·· r. f't,::-t o!. !m:: p;·')r,<'rt::. goo,~ a or c!i~ttels (q) 1'o take and receive on41pos1t, upon f'Uoh te::-r..a ur.t'. for it>S of lntlllrAnco, l·on•':-1, d obonturea or other vulunllc !•hror~ ('r f'ec·trHios for r.:or.•.y, Jcwcllry, plate or oth•:r c:·r,ttel p·r:rt: :-ty b:ilc~ •,Y\., r:lt•intnin 1-m! ot.l:'>rwiPe ucqu1ro aafet.y deponit vaults "!' lun1n ·::n un~ rr. 1:r t;c:-:')r.t. o: cntl\tea, c ·,llcct1 or: of lr.nn!', 1,1:!.::.:-, no1.f,l', cou1 ons nn: oth•·1· ::e:!Uritiaa ~Cil" r:oncy. (Et) 'l'o r•Jaoi"Hl, im·ea·. anft 1nar.nee nnr sinkint,; f'·nc'\ for any COl'}lO:!'u~!on, ::ur.1ciJ:nl1.ty, ?rov1nce,

-6- (

t) oro [:\:r~rantoo any investment mnd.e t:: the cornpRny sa aeent or othorwille. (

u) To net as represe!",t:·t~ ve or proxy o!? any reraor not under a vir.nb1l1ty; firm or corporntion for any la~~nl purpoAo, (

v) To employ ~olic~tors, nltorneys or coun~el for nny lnw• (

w) To enter and prosecute, c Ol:lJ:lTOir.iee and e ettle and repre eent rer~onP intQrestec.'l in n:tions,oauees ot :...-:tiona, anil euit~ of every kind nn~ totnko r.rocood!ne;n in Courts o! law pertain ing to or wJ:ich may nppoar naCt!:'sacy or r.dvnntnceoua in conr:oc tion ·..vith its buaineaa or objeots, t-ncl to act ~:.<8 Rttc:n·,;,:::· in J'ac1. for nny ltaW!\11 purpose, C x) ~o u(;t as nel~retnrt or ltlllMger for OOI'JIOrntiono. frOI<~ t,;uarnn"teu corporations o:' nprrovt:rl f'in~:vci!'ll ntnr.c1in~ ror ih~· i.nter;ri 1.J o :· i ~r: ~.:mployees (z) '::hr: Cv:~r:.n~· rn:ly u 1:1(\ 6llHrantee tho re:>aymcn1. or 111·! l'T!nci- pal or the paymunt o! 1.ho interest, or both, o~ anJ.monoy hold by tho company for 1nves1.rnent 11ndor uny o~ tho iruAt.R uuihori?.Od. h;.- thi:J Act, on "~u::: tnr:•:8 ur:: oon1'ition=' t\:~ t., .. ) a~;;reo•' uron. (na} nnll to·· the pur1;o~:e:: o"!" •.t!'l ru~ines.' to !' .. ).1, !'lf)•'~~- or ~tort6a.Bo any mortgaco or ather aeoarity or tLr.~: oHH:r ronl or rer'lonal prO!lart.y huld "r :· th•· Co::!HLr.y !rOI<.

Uu:a t~ 1 !.~B. an:l to b :rr011 trlonoy on tho ~trcnoth o~ n.'"ly ":ecn,.l. ty o· ·., •:r thnn d '1l,er.- 11nn:; it !;hall bo la;~!'nl "or 1t. to mal:o, enter ~nto, doltv~r. ac- r: ··~Jor.or. o !' t!!•1 :·t~i:1 GO!•Jl•V.:I~J, ar.il to !>ror.,oto t'l.o obJcotn nne\ buRinr:-~~u of tho ~:aid Co:m.,,fLny. ~n~~ for all oorv:.(!.::fl. dn.t.1os snd ti tlcd to ohar~o, collect ,.r.<: r tlCOi ve , u

~nd in tho ovont or no ~ircu~cnt ~hvtn~ hnn~ ~nteroi into the lec;al • uullttl w1.~ cn~to:n!!r:-r coR t.; • o ~ rc:;oa and exp~nson.

G. ~:othing in thb J.ot Rhull lJ· o:m::tnotl to u·1tilorizc the Com.!Jan· ~::> iFBlte ;,··:: not·• _puyui>lo to ll~uT !!', or any rroJt,ill!: ory no to intenJ\•· \ t) 1;·: c :rt•ul a ted ns monuy or ua :_, not :J or 1· ill 7.{a) 3o no"n ns t·.'iO hundred thonaand •'oll!lrs o:' t11o: !·r:irl ! ~de in RO:".e chnrtoror: Hank th . .Provi:~ion~.l :iroot,-,rR :.~l:' oull a ~::n•t.!.n:; o!' ti'.·:. :;i:~r::holi'l.erH ,1~ ~-~:o ~cr .. p:::1y. of' wJ11~11 n.!n~ins rubl:.rhed in th·~ :::H:I or Calbtlry flll~ by no1.:1coa rt:.."lilOil to t1:o a,;. drenu o:' e~.:ch of the •;hnroholdor:- o!' tho Cot::r:.ey, at ~ou:o t!me a major1 ty ~hall i"orm a quorum, :;~nd cnnr.idor l ;:-lO?~o p'!"OJlJ~w1 by the ir~v1o:::onb.l Directors, 1.:.nd ~ 1.1'-sutable, tdlopt the aeme. {

b) llo porson chall be a director u::lf'lsn ho r.c;.r:a in hi:~ or.n l~~~.o ~:'! for hia onn ur:c nt lcnat ten nhn.res o'! ~o cnpi tul f'tock .J!' tho c .. r.-.}.:....n:,.·, ~.r.·~ h· s : n!d nll c nl:R ,;·,~·: thoroon and aJ l 11utilitios incnrre<l b:r l:!.Jr. t.o tho Co:•.r.a:-.. y. C c} It ~'}~:>.11 not l:e l:i·:;f<ll for tho C"nra'ly to cor,::.cr. ~o t>r: 't".w l!tez~:J as [• 7r'l:'t •::>:~~·t~ny ur.til nt lena1. t·r.o h~.·J.rt:-.: thou:~nn~ ~ ollurl'l o!' th" c:,r l ~ ul :·toe';~: dwll h1, ..-.: bo en ~nl,~cr1l::c,l Hnd t:;enty-fi vo por cont of tr.c- a.rount :~·.:b~oribod p g ill !ln(, a lv ~:c.:·L.ble u t "lc!; timeR and places as tlto d i r-:ct oro :r.~::1 tl!> p0'r.t,

-::- :-.ot bOC<H,:O rlae 1111til 1hroe n:.Or.tbC uf·,,_.r ·.':.. ti::.O .;>;~ t:.ui;lnt; by :rcsol~1tion rldclnrc ll':lch nhnre or ~hnras nn:'. all amounts pre- v ~ ou:;:;l·.r Jllli :1 ".. h•1rm n t:> bo :~a -t'e i ted to ti:a t:c i -~ COl1li•!m:7 ~r-:1 .i_'rovided nlways thu1. in cnRc ~~." r.cnc:: rea1:zed f'r·:~ uny p·1cl: of ·1.lol; urrcnra or c:.r.llo it t~hnll bo l:iu.fi'ic lent for tho cocpa.ny to 4.- ' logo th~,t the -'.ofc:n;1nnt being ti~e om::P.r of <1nc:: shn:rea is indeb- ':.rit:lin or·lt)r to -!nbllh:h: r·•·i.:~• !'ncle case 11. :li:al'll:umc- ti~r! ·::: ·· t;t·:r,n .~> direotnd 1.;: ti.~' .Ao't, !ln<1 it t~hall r.·>~ 1:o

-1- rat.·.r:; o!" thu Coopany ~.:;.; na'llect ?;ith ".hr> oor; orv:to aoo.l tho:·e0!' :;ilflll be raoo~vo'l i:-. ull ConrtR ,·.nil :pr.:>coodi:-<" ~.n :prir.m !"a.oi·.:; ov~··ence ot -::::::h i;:-!.a·.·;, r~<:£J, ro~_;ulation, l':ir.:1te ::r ;;ntry ,, ithout ,,r.y ;:':n·ti: .. r !•;·.-.. · f' the "<)of nt1 without _:Jri'·Jf ~~" the :-. ~ {'icial chnr~1ctllr or ;'il;{no-; tPre of tho officer :·!e;;nl.:'l!,; ~;:' ;·:::.c o~· o! the cort•or~ot .. "·Jt.l. 10. If lH!.y:Jont ::>l' ::<Itch '-lrr•Jl,rl:, <.>&lls, 1nto;r,mt !1'-·1 oxr.oncos be ~;h: bAfora any :-hare" so fo~foit.ocl Hf:~l'l !:: ..

"~'., boon ::old ·u~·~h fi.:.ruH ·:··nll n~vc:rt to ~-ho o .ner :..!l i ~ t;-,, ~wm•t had boon ·lul:-' r-~: .1 !:·:.."ore :?ort'nituro • .. :·:'1:::-oo!'. ll.. l~u t J":..o.n!"'.lur u!'- ~~ny -!hur·- of th·~ e~;.i ~r•l .. t:Jc~ o:- t!".c :.nirl Coi.J·~n:,· <1l:nll be v:r.lid unlesp, t:l\; ;a:r.e i•L tr.ndc accordinc tn ::·Jc!; ~·Ol'lr. .. s :r.!.:.:: i:n f:rot:l t imu to iit.ll t'1Y!,r1 ~~· 1;he t:·-lmvo or:1 ~l::ly rcc_:!.::tororl in '.helt1·1%:-t o~ tr..o Co::;rnr;:; ,,n:1 u·:~il tho ·.-:;,ole o: ·. r:.: ~·:b:;:.:r .ill.Jd :· t ock o: 1 ho cor :l~tn':' : · :::.1?: '.lf. 11 n:1u 1: !·c n•,C· "':.:·••-:: to <·l·',l;in P:•. con::ent o!' t't:o ·~ircct~r:.~ "';;:,:· t; .. c ~ ~1:,1• br.:h;:; ~-:l ~llr:i; t::-ur.:<"•:r ho1r.~ 1:.c~1,,, ~ ,...-,.,.;,1.>·1 :::lwn:."• thtLt r.oduu·uhol:1or inrlel-tu! to t.hu ::o .. - pany shall bo permitted to rAko·a tranoror or ~ooc!ve u divid- on1l ur.t~J. :'l1''!-: ;;,_l,t .:.s !'aid or .~em:r•:·t to t~,_. : at!~:f~·.nt~:..r~ r)f thll dir·.(:tora; nr.·: nll t.r~n:-:.~e~· o~ r.toc".: :•hnll r-.t ,q n;y t.ir~·~ l't!

":l~,:lo ·: ~1l ~-1l ocll~ thereon ~111; Ul· to t':e tiu., o;.• ~ransfer ;~!:t~ll 1,!c.-e br Gl: p,: .. 1. I:. • :~ the C\".::::t 0~ ihr~ r-:-.::pr:rty •,;-,:1 c- soc~:: o! the Cor:rplny t.·:int, ln:·.:Jfl'icler.t -.. .. 11-r:iilr.:.o !~::1 <'\n'c'.::, lial ili ties and en ..;::i_;c:.''~:'lt!~ ti.- ··l:urr.1 ;:1.1-p·' ~1mll bo l ':-.'hlo i'o:- :;1: .~c;'!<.>; :.J~;:);:, !r:G" a:-.1.•F ·;!':m t~·c!~· ---:r.;;,~ctive ::;-1::;.-:-::s in the :.!:!!ll1l:i. L:tocl~.

J.~. :i'h.· Gomlt~!"l:,' or !11r•,ctorR :'h•·ll n'l~ 1 · 1-":;r.·· 1,, ~o.· h' .--.i!"'~:c~ive cf~,~~tin~ ~.n:· ::ha!"tl or :~lures o~ it~ ~t:)ei-':: "'"cl J"'()~,·.·.·t ~.;·.~t.'l~lir;t,; ~r.y .-:a.!l~ t r· .. ~:t., or nr~y notice "..:-. .c::·d~.r tl' the

':p;;-.pan~; o:- d iroetors, t..1e rccei pt of the perF or. in llhoRe m.~.e i'rovido:i n).wa:.r~ tht.~ ~his p.~c-..ion shall not apply "lterc 14{

a) A gon.,raJ. r:~·~·.:ting o! tho CO!lll>a:lY t>hall 1>.J calllll once in mont l' .. h:~ inosu at i tn hw,J "r: .i.e<: on ··•H~i d r.; 1n t noh nnd ing l1 :-t:,t ornnn'l o !" th t. fl.'nir!:' ~:: the Cc:r.r::.ny :: !\:.1ll l:o ~".1l:r!'l t- nt .l~a.at fifteen (.cy:; befllre the date at wh:1ch the m oting 1e • • I onllad, 6llil nddre:Jseil to the tlddreas of tho ci:a :-c'10l~ era s! von bo ! ai ·1 out o!' th•· pl"of'i ta to 1. h'l ahareho 1 •1 e ru , to n(1 sua11 d! v- ~r."nt :·hall l;c payall~ on t!~0 cnpitsl :···id up on tl'~eo Phu!'o:tl hold

. ., ...... - 1.a :: ~hnrchoJ,1or. Ur:.o of ·;0'..ing. :.r.d :~por. which all oallo tlHm ·u·. liave l•l'.:or, rr.io; Hl. ~·:..., ono-~ d · · O!' tlth.:r nearer.t •m:r'!lor ~9 rotiro durino the first and second years t>nsni:r-t; the firRt cdiXIal"Y meeting of 'ho riotur:dnon l.~1 ... ot<. o:: tho: shnreholdorr. ut t:-:-:: arn:::,J :rc::ti::!; , .. ,, . end second yonrs. c ":L:c "i.·tll r.::t lru. j,' 111> l;· th(: rl1r·:ctorl:l, ..... 1.•\4. ... nn..v ror. on ::o ohc::en 1:imll ht~vc rutt.in<ri lltc ;~u;:,t:, t:r no >e.cnncy htl<'l occ~:'·rcd. c •• ..... :

....... :O"lrcctors . businoao of tho Co~pany, tho mnageu;ont and d1eron1t~ on o~ 1tl' stock, r•rcpcr•.;:, t-:·tnti.J ur.,' ..;!'fecia, ~;-.,1 ir.c.11 t'·!:rt:- to .:;,.1:-:r- .1t,t&r tJ..; uffnh·:1 of iho Coro,!)r..ny, :m:~ to r..u~~c o~· .:!.-.:so to 'b: :.r.ola

!·-o:dDo, ~r.u p:::-ocoduru i1: ull tr.:.r.t;P ~·t moot:.:-ce, U.o i::.f.0!"·- 1tion H.':·'· .,.,..,.c-,:o;;r:: o."·:lll pcn~~l_t.:ioo ·n:1 l"orf'ei::;res t:d:r.ittin!! ".')1..-.f. 0.' ti:~ !::lu:r.ro:loldOn! 1.11. n anr.ual gen~ral JilOOting or Of n ! I spec! ·l gonorl>l meeting cnllec\ for tho Jmrpoae.

-..:.t~ ·~orr.o:ntfl or u:.incorpo:rate.:. or munioi1•nl ::· r.ll not bo linble f()J• tha dl':'ht~ o ... 1 o'r>li;::L1.lont- tn rm:• "CC'lT1tiaa in -;:'l:i::!il r-'iv~Lte tru~tees 1·.:.:.J not ba lf.:,, lr.- glaterR nr. 1 o~hor bookn of -..coa~_t.o kopt ·by the COUlp.an.,v so that Title: 1910 (2nd, 1st) Bill 31,

An Act to Incorporate the Calgary Trust Company

Document details

Collection	Alberta — Bills
Citation	L2 S1 10914
Type	bill
Volume / chapter	L2 S1 10914
Language	en
Format	json
Source	PROVINCIAL
Identifier	b4f0ae2c53fad06f1d5db53cf1d75a7ca9de7cd8

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