An Act to incorporate The Seventh Ave. and Pasqua St. Church of Christ

Transcription

1 SEVENTH AVE. AND PASQUA ST. CHURCH OF CHRIST c An Act to incorporate The Seventh Ave. and Pasqua St. Church of Christ being a Private Act Chapter 112 of the Statutes of Saskatchewan, 1959 (effective April 14, 1959). NOTE: This consolidation is not official. Amendments have been incorporated for convenience of reference and the original statutes and regulations should be consulted for all purposes of interpretation and application of the law. In order to preserve the integrity of the original statutes and regulations, errors that may have appeared are reproduced in this consolidation.

2 2 c. 112 SEVENTH AVE. AND PASQUA ST. CHURCH OF CHRIST Table of Contents 1 Incorporation 2 Head office 3 Powers 4 Branches 5 Attorneys 6 Execution of documents 7 Returns

3 SEVENTH AVE. AND PASQUA ST. CHURCH OF CHRIST c CHAPTER 112 An Act to incorporate The Seventh Ave. and Pasqua St. Church of Christ (Assented to April 14, 1959) Preamble WHEREAS the members of The Seventh Ave. and Pasqua St. Church of Christ at the City of Regina, in the Province of Saskatchewan, have a board of trustees consisting of Edgar D. Ashby, Leonard H. Johnson, John K. Malm, William L. Yemen and Henry G.R. Grasley, elected by the congregation of the people from its member; and Whereas the board of trustees and the congregation, believing that it would tend greatly to assist in its work on behalf of The Seventh Ave. and Pasqua St. Church of Christ, Regina, Saskatchewan, if the said congregation were incorporated, has presented a petition praying to be vested with corporate powers; and Whereas it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice and consent of the Legislative Assembly of Saskatchewan, enacts as follows: Incorporation 1 Edgar D. Ashbey, Leonard H. Johnson, John K. Malm, William L. Yemen and Henry G.R. Grasley, the trustees of The Seventh Ave. and Pasqua St. Church of Christ, of the City of Regina, in the Province of Saskatchewan, and their successors in office are constituted a body corporate under the name of The Seventh Ave. and Pasqua St. Church of Christ. 1959, c.112, s.1. Head office 2 The head office of the corporation shall be at the City of Regina, in the Province of Saskatchewan, or at such other place as may be determined by bylaw. 1959, c.112, s.2. Powers 3 In addition to the powers, rights and privileges conferred upon or vested in corporations by the laws of Saskatchewan, the corporation shall have full power and authority:

4 4 c. 112 SEVENTH AVE. AND PASQUA ST. CHURCH OF CHRIST Acquisition of property (a) to acquire, have, hold, possess and enjoy lands, tenements, hereditaments, rents, annuities and other property, movable and immovable, real and personal of any kind whatsoever; provided that the corporation shall not acquire or hold as purchaser any land except for the actual use and occupation of the corporation or a branch thereof, or for the purposes of the corporation, exceeding in the whole at any time the annual value of $10,000 and that land, tenements, hereditaments acquired by gift, devise or bequest and not required for the purpose of the corporation the annual value of which together with the other land of the corporation exceeds $10,000 shall not be held by the corporation for a longer period than seven years and within such period the same shall be absolutely disposed of by the corporation and in case of failure to dispose of the same within such seven years such land shall be forfeited to the Crown in the right of the province; Disposal of property (b) to sell, transfer, mortgage, hypothecate, lease, exchange or otherwise deal with or dispose of any of its real or personal property or any estate or interest therein or part thereof and with the proceeds thereof to acquire other real and personal property to such extent as my be deemed advisable or desirable or to use such proceeds in the carrying on of its ordinary activities; Investments (c) to invest all or any sums of money belonging to the corporation in any property or security whatsoever for the use and purposes of the corporation; Lending (d) to lend or give any of its property, funds or moneys for or to assist in the erection or maintenance of any building or buildings deemed necessary for any church, college, manse, school or hospital, or for any other religious, charitable, educational, congregational or social purpose related to the work of the corporation upon such terms and securities as to repayment as it may deem expedient; Acquisition of pledged property (e) to acquire, take possession of and hold as the corporation may deem proper all such property (real, personal or mixed) as may at any time be mortgaged, hypothecated or pledged to the corporation by way of security or conveyed to it in satisfaction of obligations or debts due or owing to it from any person, firm or corporation: provided that any real estate acquired in satisfaction of any debts due to itself and not required for the actual use and occupation of the corporation or a branch thereof or for the purposes of the corporation the annual value of which together with the other lands of the corporation exceeds $10,000 shall be sold by the corporation within seven years after such acquisition or within such further period to which the term shall be extended by order of the Lieutenant Governor in Council, otherwise such real estate shall be forfeited to the Crown in the right of the province; Collections (f) to exercise all rights and remedies for the collection or repayment of moneys owing to it in the same manner and to the same extent as any individual may do;

5 SEVENTH AVE. AND PASQUA ST. CHURCH OF CHRIST c Borrowing (g) to borrow from any person, firm or corporation such sum or sums of money as may be found necessary for purposes of the corporation and to secure any loan to the lender or lenders by bonds, debentures, bills of exchange, promissory notes, mortgages or any other instrument or instruments that my be required or deemed necessary or advisable by the lender or lenders; Buildings, etc. (h) to acquire by gift, purchase or otherwise or to build, erect and enlarge, and to manage and conduct all such halls, houses and other buildings as may be found or deemed necessary or convenient for carrying on the objects of the corporation, and to do all such things as may be deemed necessary to attain all such objects; Affiliation (i) to make and enter into treaties, contracts and arrangements for affiliating with the corporation any other corporation having similar objects; Corporate seal (j) to adopt a corporate seal and to change it at will; Bylaws (k) to make bylaws, rules, orders and regulations for the government and proper administration of its property, affairs and interests, and generally for the internal government of its affairs and from time to time to repeal and amend the same; Guarantees (l) to guarantee, as joint maker, endorser, covenanter or otherwise, loans secured by bonds, debentures, bills of exchange, promissory notes, mortgages or other instruments of any branch of the corporation or of any society or corporation formed for the religious, charitable, educational, congregational or social purpose of the corporation; General (m) to do any and all other things that are incidental or conducive to the attainment of the objects for which the corporation is established, namely, to further the missionary, educational, benevolent and religious work of the corporation and to promote and advance charity and benevolence. 1959, c.112, s.3. Branches 4 The corporation may from time to time establish branches and in connection therewith may appoint subordinate officers with such powers and tenure of office as may be deemed advisable. 1959, c.112, s.4. Attorneys 5 The corporation may appoint one or more attorneys for the transaction of its business. 1959, c.112, s.5.

6 6 c. 112 SEVENTH AVE. AND PASQUA ST. CHURCH OF CHRIST Execution of documents 6 Unless and until the bylaws of the corporation otherwise provide, all transfers, deeds of sale, leases, mortgages and other documents shall be executed with the seal of the corporation attested by the signature of the chairman and the secretary. 1959, c.112, s.6. Returns 7 The corporation shall at all times, when called upon to do so by the Lieutenant Governor in Council, render an account of its property and affairs. 1959, c.112, s.7. REGINA, SASKATCHEWAN Printed by the authority of THE QUEEN S PRINTER Copyright 1999