Bill ID 5701 (Legislature 18, Session 2)

L18 S2 5701

Alberta — Bills

1976 Bill PR Second Session, 18th Legislature, 25 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL PR

AN ACT TO AMEND THE MENNONITE MUTUAL RELIEF INSURANCE COMPANY ,ACT- MR. GRITTER First Reading .............................. . Second Reading ............................ . Third Reading .............................. . Printed by the Queen's Printer for the Province of Alberta, EDMONTON

Chapter of amended

Section amended

Section replaced Bill PR Mr. Ghitter BILL PR 2

AN ACT TO AMEND THE MENNONITE MUTUAL RELIEF INSURANCE COMPANY ACT (Assented to , 1976) WHEREAS the Mennonite Mutual Relief Insurance Co. Ltd. was incorpor,ated under The Mennonite Mutual Relief Insurance Company Act, being

chapter of the Statutes of Alberta, 1960; AND WHEREAS the Mennonite Mutual Relief Insur ance Company Ltd. has presented a Petition praying for an amendment to The Mennonite Mutual Relief Insurance Company Act as hereinafter set forth and it is expedient to grant the prayer of the Petition: HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Mennonite Mutual Relief Insurance Company Act, being

chapter of The Statutes of Alberta, 1960, is he,reby amended. 2.

Section is amended by adding after the word "Alberta", the words "or at such other place in Alberta as the Directors may from time to time determine."

Section 4- is struck out and the, following is substituted therefor: 4.

The Company may make contracts of insurance with members of the Mennonite Church living in Alberta, or such other persons of like faith as approved by the Board of Directors, and living in Alberta, which policies shall be in the nature of relief from disaster arising from fire damage, smoke damage, water damage arising from fire, and hail and windstorm damage to the following risks: urban dwellings and contents, commercial enterprises, farm buildings, farm home contents, automobiles, trucks, farm machinery, livestock, poultry and grain, hay and other farm products situate and within the Province of Alberta, and owned by such Mennonite or other persons.

Section replaced

Section replaced

Section replaced

Section amended

Section struck out Commence ment 4.

Section is struck out and the following is sub-stituted therefor: ' 7. Any member O'f the MennO'nite Church is eligible to' be elected as a directO'r UPO'n his consent, in writing, having been first had and O'btained. 5.

Section is struck out, and the following is substituted therefor: 8.

(1) Each MennO'nite Church may hO'ld a meeting O'f its members and may elect O'ne O'r mO're delegates to' the annual O'r special meeting, on the basis O'f O'ne delegate fO'r every church memhers of fractiO'n thereO'f.

(2) At all meetings O'f the Company, each delegate at the annual meeting is entitled to' O'ne vO'te.

(3) A simple majO'rity O'f vO'ting' m'embers present is sufficient to' expedite any matter O'f business O'f an O'rdinary nature.

(4) A twO'-thirds majO'rity O'f the vO'ting members pre sent is required to' pass any by-law. 6.

Section is struck out, and the following is substi tuted therefor: 9.

(1) N O'tice O'f every annual O'r special general meet ing O'f the CO'mpany shall be sent by mail to' each MennO'nite Church which has O'ne O'r mO're members whO' are PO'licy hO'lders, at least six weeks priO'r to' the date O'f the meet ing, giving the date, place and time O'f meeting, and such nO'tice shall be PO'sted O'n the bulletin bO'ard O'f each Church.

(2) The treasurer O'r the s'ecretary shall, at least 15 days priO'r to' the annual meeting, send to' each MennO'nite Church which has O'ne O'r mO're members whO' are PO'licyhO'lders, the annual statement, which statement shall be certified by the auditO'rs O'f the CO'mpany, and which statement shall be PO'sted O'n the bulletin bO'ard O'f each Church. 7.

Section is amended by adding the words "but in the event there is a surplus remaining after paying all liabilities such surplus shall be dO'nated to' a charitable , t· " cause as determined at an annual mee lng. 8.

Section is struck out. 9. This Act comes into force on the day upon which it is assented to. 2 Title: 1976 (18th, 2nd) Bill Pr2,

An Act to Amend The Mennonite Mutual Relief Insurance Company Act

Document details

Collection	Alberta — Bills
Citation	L18 S2 5701
Type	bill
Volume / chapter	L18 S2 5701
Language	en
Format	json
Source	PROVINCIAL
Identifier	bea5a4e81c2efe305bd1a6c0c8b02ba9a96f5ba4

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