Preamble. SCHEDULE X. Form of Certificate of the City Treasurer of Assessable Rate. (See Section 121.) I hereby certify, for the information of the council of the city of Montreal, that a rate of on the assessed value of the real property liable to assessment in the said city, is in my opinion (after making a fair allowance for losses and deficiencies in the collection of such rate,) required to produce a net amount equal to that now due for interest, (principal, if any due) on the city of Montreal consolidated fund, or on any of the loans which the said city of Montreal is authorized to make. CITY HALL, Montreal, (date.) "I Form of Oath of Commissioners in Expropriation. (See Section 176, s. s. 7.) having been appointed commissioner under "the provisions of the (cite the act) do swear that I will faithfully, impartially, honestly, and diligently execute all "the duties of the said office, according to the best of my "judgment and ability: So help me God." CAP. LII. An Act to incorporate the Lotbinière Industrial and Wth [Assented to 28th January, 1874.] HEREAS the persons hereinafter named have, by their petition, represented that they, jointly and with others associated with them, are desirous of engaging in the business of making vinegar, beet-root sugar and alcohol, for the ends of the manufacture of vinegar, in the parish of Lotbinière, district of Quebec, and that they can do so to better advantage by the aid of a charter of incorporation, and have prayed for an act to that end; and considering that it is advantageous to encourage the introduction, in this province, of industries which relate to agriculture, and particularly that of the manufacture of beet-root sugar, and that it is expedient to grant their request; Therefore, Her Majesty, by and with the advice and consent of the Legislature of Quebec, enacts as follows: sons incorpo 1. Henri Bernier, Octave Chavigny de la Chevrotière, Certain perEugène Clochette, Onésime Beaudet, Thomas Bedard, rated. Pierre Celestin Levasseur, Pierre Bernier, Andronic Fournier, Wilbrod Auger, Paul Ernest Smith, Delphis Legendre et Sabin Cinq Mars, together with all other persons who are actually or shall become shareholders in the company hereby constituted, shall be, and they are hereby made a body corporate and politic, by the name of " The Lotbinière Name. Industrial and Agricultural Company." 2. The company may acquire and hold by purchase, lease Powers of the or other legal title, and may cultivate, for the purposes for company. which they have been incorporated, all lands and immovable estate necessary for the use thereof; and the said properties Real estate. to hypothecate, sell, exchange and dispose of, and to acquire others in their stead, as the company may deem to be most advantageous; and the constitution, rules and regulations now in force with regard to the administration of the affairs and interests of the company, in so far as they are not inconsistent with the laws of this province, shall be the constitution, rules and regulations of the said corporation, until they are altered, repealed or changed; and all transactions, old transacdebts and obligations which have been consented to, up to tions. this date, for the purposes of the said company, shall be binding upon the corporation. Shares. 2. The capital stock of the company shall be the sum of Capital stock; thirty thousand dollars, divided into shares of not less than twenty-five dollars each; the said capital stock may be, from time to time, increased, as the wants of the company require, by the vote of the shareholders at a meeting called for that purpose, to an amount not exceeding seventy-five thousand dollars in the whole; provided always, that no Increase. such increase of stock shall be made until the whole amount of the original stock of the company shall have been bonâ fide paid in. instalments, 4. The capital stock shall be paid by the subscribers Payment of when, where, and as the directors of the company shall re- and forfeiture quire, or as the by-laws may provide; and if not paid at the of shares for day required, interest shall be payable after the said day non-payment. upon the amount due and unpaid; and in case any instalment or instalments shall not be paid as required by the directors, with interest thereon, after such demand or no Assignment of shares. Votes of shareholders. Transaction of business. quorum of directors. tice, as the by-laws prescribe, and within the time limited by such notice, the directors may, by resolution reciting the fact, and duly recorded in their records, summarily forfeit any shares whereon such payment is not made, and the same shall thereupon become the property of the company and may be disposed of as the by-laws or resolutions of the company may provide. 5. The stock of the company shall be deemed personal estate, and be assignable in such manner only, and subject to such conditions and restrictions as the by-laws prescribe; but no share shall be assignable until all instalments called for thereon have been paid, unless it has been declared forfeited by non-payment. 6. The regulations already subscribed by the shareholders of the company incorporated by this act, shall remain in force, as regards the voting at the general or special meetings of the company, until they have been altered or repealed. 7. The affairs of the company shall be administered by a board of not less than five, and not more than seven directors, who shall be elected at the first general meeting, and Election and thereafter at each annual meeting of the company, to hold office until their successors are elected, and who may be always re-elected; and four members of such board, present in person, shall be a quorum thereof; and in case of the death, removal, or disqualification of any director, such board, if they see fit, may fill the vacancy until the next annual meeting of the shareholders of the company, by appointing any shareholder thereto; but a failure to elect directors, or any failure of directors, shall not dissolve the corporation, and an election may be had at any general meeting of the shareholders of the company called for that purpose; provided always, that voting by proxy shall not be allowed at any meeting of the board of directors. Failure to elect directors. Powers of directors. By-laws for certain objects. 8. The board of directors shall have full power in all things to administer the affairs of the company, and to make or cause to be made any purchase and any description of contract which the company may by law make; to adopt a common seal; to make by-laws regulating the calling in of instalments due and payment thereof, the issue and registration of certificates of stock, the forfeiture of stock for nonpayment, the disposal of forfeited stock, and the proceeds thereof, the transfer of stock, the declaration and payment of dividends, the appointment, functions, duties and removal of all agents, officers and servants of the company, the security to be given by them to the company, their remu neration, the time and place for holding the annual and other meetings of the shareholders of the company, the calling of meetings of the shareholders of the company and of the board of directors, the quorum, the requirements as to proxies, the proceedings in all things at such meetings, the site of their chief place of business, and of any other offices which they may require to have, the imposition and recovery of all penalties and forfeitures admitting of regulation by by-law, and the conduct, in all other particulars, of the affairs of the company; but every such by-law, and every repeal, amendment and re-enactment thereof shall have force only until the next general annual meeting of the shareholders of the company, unless confirmed at such general meeting of the shareholders of the company; and Proof of byevery copy of any by-law, under the seal of the company, and purporting to be signed by the secretary of the company, shall be received in all courts of law as prima facie evidence of such by-law. laws. rors. 9. Until the first election of members of the board of Provisional board of direcdirectors, H. Bernier, O. C. de la Chevrotière, E. Clochette, Thomas Bedard and Onésime Beaudet, shall be a provisional board of directors for the said company, with full power to Powers. fill vacancies, to open stock books, assign stock, make calls for and collect instalments, issue certificates and receipts, convene the first general meeting of the company at such time and place within this province, or elsewhere, as they shall determine, and to do other acts necessary or proper to be done to organize the company and conduct its affairs. 10. The company shall not be bound to see to the execu- Trusts. tion of any trust, whether expressly implied or constructive in respect of any share; and the receipt of the person in whose name the same shall stand in the books of the company shall be a discharge to the company for any dividend or money payable in respect of such share, whether or not notice of such trust shall have been given to the company; and the company shall not be bound to see to the application of the money paid upon such receipt. 11. The shareholders of the company shall not, as such, be Liability of held responsible beyond the amount of the subscribed shareholders. shares or the amount unpaid upon their shares. 12. All contracts, promissory notes, bills of exchange and Contracts engagements made on behalf of the company by the direc- made by the tors, officers, agents or servants of the company, in accord- company. ance with their powers under the by-laws or by vote of the company, shall be binding upon the company, and in no case Seal not need the seal of the company be affixed thereto, nor shall necessary. Individual liability. Bank notes. Commence ment of operations. When this such directors, officers, agents or servants of the company thereby become individually liable to any third party therefor, but the company shall issue no bank note, or note to circulate as money. 13. The company shall not commence operations until at least ten per centum on the amount of their capital stock shall have been paid in. 14. This act shall come into force on the day of its sanction. CAP. LIII. Preamble. Corporation. An Act to incorporate the "Consumers' Gas Company of the City and District of Montreal." [Assented to 28th January, 1874.] HEREAS the great present and prospective increase treal, and in the neighbouring municipalities, and the great demand for a cheap and effective mode of supplying light as well to the streets and public places, as to the public and private buildings therein, render it desirable that the inhabitants thereof should not be entirely dependent upon the existing gas company, but that more ample provision should be made than now exists to meet these requirements; and that more than one company should be established for that purpose within the said limits; and whereas the several persons hereinafter mentioned have, by their petition, prayed that they, and such others as now are or hereafter may be associated with them in their enterprise, may be incorporated under the title hereinafter mentioned, for the purpose of furnishing gas and other illuminating material to said city and municipalities more extensively and on better terms than hath heretofore been done; and whereas a large amount of the stock of said undertaking hath been already subscribed for by a numerous and influential body of the inhabitants of the said city and neighbouring municipalities, and it is expedient to grant the prayer of said petitioners; Therefore, Her Majesty, by and with the advice and consent of the Legislature of Quebec, enacts as follows: 1. Sir A. T. Galt, K. C. M. G., the Hon. Charles J. Coursol, Andrew Allan, Esq., Edwin Atwater, Hon. M. Justice Berthelot, Charles John Brydges, F. James Claxton, Thomas Cramp, Maurice Cuvillier, George A. Drummond, |