Bill 8 (Legislature 10, Session 3)

L10 S3 7441

Alberta — Bills

BILL No.8 'Of 1946.

An Act to Incorpora1e The Prairie Bible Institute. (Assented to , 1946.) W ~~RAS th.e:t;'€ e~ists an ~g,sociation under the name of . . The Pr~tl:r:Ie BIble InstItute" incorporated under The Rel't[Jwus Socwt~es Lands' Act, being

chapter 164 of the ReVI~e? Statutes of Alberta, 1922, having as its object the provIdIng of regular grade sehool and high school courses and also a theological and missionary training s'cho'Ol f'Or the purpose of promoting greater study and knowledge of the Bible as the Word 'Of God so as to enable th'Ose desirous 'Of coming within the sphere of influence of the association to become 'more useful and efficient in the promotion of Chris tian W'Ork. And

whereas a petition presented by the said associati'On prays that

an Act be' passed by the Legislature of the Pro,\! ince to enact as hereinafter set forth; with regard to the corporate status, property, rights. and duties of the said association, and

whereas it is, expedient to grant the prayer of the said petition; Therefore His Majesty, by and with the advice and con sent of the Legislativ,e Assembly of the Province of Alberta, enacts as follows: 1. John Fergus Kirk, Farmer; Perry C. Havens. Clergy man; William A. Waldick, Treasurer; Leslie T. Maxwell, Clergyman; James M. Murray, Teacher; Roy L. Davidson, Chauffeur; Katherine A. Anderson, T~eacher; Roger P. Kirk, Tins,mith; Dwight R. Malsbary, Teacher; Edwin J. Kittridge, Steam-fitter; Ruth C. Dearing, Teacher; Robert Kirk, Re tired Farmer; Ernest W.

Gowdy, Teamster; Ernest Richard son, Teacher; Alden W. Bradford, Farmer; Arpad McLen nan, Bla,cksmith; Alfred H. Muddle, Clergyman; ArchIe E. Ruark, Electrician; Clifford T. Paulson, Teacher; Ed. SIlver sides, Farmer; all of Three Hills in the Province of Alberta, and such others as shall hereafter from time to time become members 'Of ,the said c'Orporation shall be and are hereby constituted a body corpGrate and politic under the na~e of "The Prairie Bible Institute" for the purposes and obJects aforesaid. The said corporation shall have a perpetual suc cession and a common seal. 2.

The 'corporation shall have power,- (1) to' a'cquire by gift, devise, purchase, exchange, lease Gr Gtherwise, real 'Or pe'rsGnal property of .any and every nature and kind and to possess, hold and enJ oy the same as

2 owner, providing, however, that the corporation shall not acquire or hold as pur,chaser any lands except for the actual use and oC,cupation of the corpDration exceeding in the whole at any time a value 'Of fifty thousa.nd dollars.

An.y lands of which the corporatiDn becomes owner or in which It holds an interest not in the a'ctual use and occupancy of the corpora tion exceeding in value the sum of fifty thousand dollars, shall be absDlutely disposed of within a period of seven'years from the acquisition thereof by the corporation and In the event that the said lands are not abSDlutely disposed of within such time, the said lands may be fO'rfeited tOo the Crown in the right of the Province of Alberta; (2) to <sell, mortgage, lease, exchange 'Or otherwise deal with or dispose 'Of its real and personal property or any por tiO'n thereof and subje,ct to the prO'visions of subsection (1) to acquire either real or personal property to' such extent as may be d€€'med advisable or desirable and make and execute all necessary and proper conveyances, transfel'1s or o~~her instruments fo-r carrying the same into effeet; (3) to invest, subject to' subsection (1), all Dr any sums of money belonging. to the corpDration in any prDperty or security whatsoever fDr the benefit of the corpDration. (4) to acquire, take possession of and hold as the corpora· tiDn may deem proper all such property, both real and personal, as may at any time be mDrtgaged, hypothecated or pledged to the corporatiDn by way of security or conveyed to it in satisfaction of obligations or debts due or owing to it from any person, firm or corporatiDn.

Provided that any real property acquired in satisfaction of any debts due to itself a.nd not required for the actual use and occupation of the corporation or a branch thereof O'r for the purposes of the corporation the value of which together with other such lands of the corporation exceeds fifty thousand dollars shall be sold by the corpDratiDn within seven years after such acquisit.ion or within such further period as may be fixed by order of the Lieutenant Governor in Council. otherwise such real property may be forfeited to' the Crown in the right of the Province. (5) to' borrow from any person, firm or corporation such sum or sums of money as may be found necessary for the purposes of the corporatiDn and to secure any loan to the lender or lenders by bonds. bills of exchange, promissory notes, mortgages, O'r any other instrument or instruments that may be required or deemed necessary or advisable, by the lender or lenders. (6) to acquire by purchase or otherwise, build and erect and to ma.nage and conduct all such halls, houses and other buildings as may be found or deemed necessary or convenient for carrying on the Dbjects of the corporation. (7) on the p.assing of the proper resolution by the mem bers of "The Prairie Bible Institute" incorpDrated under The ReUgiou-s Sodeties Lands' Act. being

chapter 164 of the Revised Statutes of Alberta, 1922, to take transfer and become owner of all the assets of the said incorporated associatiDn and the corporation shall thereupon become liable

for and pay all the liabilities of the said incorporated associa ti.on. (8) to fix, charge and c.ollect fees for any services rend ered by the corporation in the carrying .out of its objec'ts. 3.-

(1) The revenues and profits of all property held by the corporation shall be applied to the maintenance .of the institutions carried .on by it to the constructions and repair of buildings and the acquis~tion of property requiste for its purposes, ,and to the promotion of charity and benevolence.

(2) The said incorporated associati.on will guarantee to maintain and finance its .own medi,caI and hQs'pitalization slche-me, provide its own grade and high school and not com mit any .of the,se respons.ibilities to the Town of Three Hills or to the Municipal District Oof Kneehill. 4. The head office .of the corpQration shall be at Three Hills, Alberta. 5.-

(1) Within two months from the date upon which this Act .comes into force, the President of "The Prairie Bible Institute" incorporated under The Religious Societies Lands' Act, being

chapter 164 Revised Statutes, of Alberta, 1922, shall ,call :a meeting .of the members of the cQrporatiOon at a time and place to be fixed by him 'Of which due notice shall be given to all members .of the 'corporati.on for the purp'ose Oof electing the first officers and transacting any other neces sary business under this Act. (2 ) At that meeting the said President shall preside and thereupon the members, .of the corporation shall proceed to the election of a president, vice-pres,ident and principal and a secretary, or ,s€'cretary-treasurer and four directors and they shall c.onstitute, the board of dire,ct.ors Oof the c.orpora tion.

(3) At the first annual meeting and at each subsequent annual meeting of the members of the c;orporati.on, the officers. mentioned in subsection (2) shall be elected by and from the members of the corpOorati.on and shall constitute the b.oard of dire:ctor,s of the corporation.

(4) A majority .of the bOoard of directOors shall c'Onstitute a quorum.

(5) A majority of votes shall decide all questions and the chairman shall not voOte except in the case ofa tie. 6.-

(1) The corporation may by by-law passed at any annual meeting make and froOm time tOo time repeal and alter rules and regulations not inconsistent with this Act for the government, c.onduct and administration of the property, affairs, busine-ss and interests of the corporation, and for the election, apPOointment, retirement, rem'Oval or dismissal of its members, directors, officers, agents and employees, and for filling any vacant offi.ce thereby or otherwise Ooccasioned and fOor the holding and coOnducting of annual meetings, the holding and conducting of the meetings of the board of

4 directors or fQr any other purpose in connection with the management and control 'Of the business, of the corporation.

(2) Until the holding of the first meeting as prQvided fQr in subsection (5) the existing by-laws, rules and regulations of "The Prairie Bible Institute" incQrporated under The Religious Societies La,nds' Act, being

chapter 164 of the Revised Statutes of Alberta, 1922, SQ far as they are not inconsisten with this Act shall be deemed to be the by-laws, rules and regulations of the cQrpQratiQn. 7. All the real and personal property described as and situated on: (

a) Lots 5,6,7, 14, 15 and 16 in block 1; lots 5, 6,7, 9, 10, 11, 12, 13, 14, 15 and 16 in block 2; and IQts 14, 15 and 16 in block 3, within the Town of Three Hills, in the Province of Alberta, Plan 5130 A.R. ; (

b) FQur and forty-eight one hundredths· (4.48) 'ac'res in

section one (1), in township thirty-two (32,), range twenty-fQur (24), west iQf the fourth meridian in the Province .of Alberta, as des;cribed in duplicate certificate of title No. 58-F -183,re.gistered in the Calgary Land Titles Office; (

c) Forty-nine and thirty .. two one hundredths (49.32) acres in

section 'One (1) in Township thirty-two (32), range twenty-four (24), west of the fourth meridian in the Province 'Of Alberta, as described in duplicate certificate of title No. 53-Y-242, registered in the Calgary Land Titles Office; (

d) The south one hundred and twelve (112) rods of the west one hundred and twenty (120) r.ods 'Of the south-west quarter of secti.on six (6) in TQwnship thirty-twQ (32), range twenty-three· (23), west of the fourth meridian in the Province of Alberta, con taining eighty-four (84) a'cresmore or les;s.; except ing thereout that part thereof commenoing at the south-west c.orner of said quarter sectiQn, thence northerly along the west€rn boundary there.of a dis tance.of eighteen (18) rods" thence easterly parallel to the southern b.oundary thereof a distance of thirty five and fifty-five hundredths (3'5.55) rods, thence southerly parallel to the wes-tern boundary thereQf to the point .of intersecti.on with the southern bound ary thereof, thence westerly along the southern boundary to the point of 'cQmmencement, the land herein contained being four (4) acres mQre 'Or less; the land herein cQmprised containing eighty (80) acres more or less; . while used for school and edu,cational purp.oses shall as from the first day of January, 1945, be exempt from all taxes rates, levies and assessments of every nature and kind sav~ and except special frontage assessment taxes unde~ The Town and Village Act. 8.

This Act shall come into fQrce on the day upon which it is assented to.

THIRD SESSION TENTH LEGISLATURE 10 GEORGE VI 1946 BILL

An Act to Incorporate the Prairie Bible Institute. Recei ved and read the First time .............. . Second time. Third thne MR. COOK. EDMONTON: A. Shnitka, King's Printer. 1946 Title: 1946 (10th, 3rd) Bill 8,

An Act to Incorporate The Prairie Bible Institute

Document details

Collection	Alberta — Bills
Citation	L10 S3 7441
Type	bill
Volume / chapter	L10 S3 7441
Language	en
Format	json
Source	PROVINCIAL
Identifier	f378b717b4dce76aaf2a3f8b7d4532936e0cacc3

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