bonds and preference stock. vote at any meeting of the Company, nor shall such stock confer upon the holder thereof any of the rights of a shareholder. Conversion of 10. The Company may make such arrangements and regulations respecting conversion and exchange of its mortgage bonds and debentures into and for preference stock and for re-exchange and reconversion of the same by the respective holders thereof, as are deemed expedient. Currency in 11. The mortgage bonds, debentures and preference stock which bonds of the Company shall be issued either in Canadian currency, or in sterling, or in both, at the option of the Company. and stock to be issued. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty CHAP. 99. An Act to incorporate the Dominion of Canada Rifle [Assented to 7th July, 1900.] WHEREAS the voluntary association now existing under Preamble. the name of the Dominion Rifle Association has, by its petition, prayed that it be enacted as hereinafter set forth, and it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: tion. 1. Lieut.-Colonel the Honourable J. M. Gibson, Lieut.- IncorporaColonel Sam Hughes, the Honourable R. R. Dobell, Lieut.Colonel Edwin B. Beer, Lieut.-Colonel C. J. Macdonald, Captain the Honourable Hugh John Macdonald, Lieut.Colonel the Honourable E. G. Prior, Lieut.-Colonel J. A. Longworth, Lieut.-Colonel Fred Massey, Lieut.-Colonel John Tilton, Lieut.-Colonel W. E. Hodgins, and Lieut.-Colonel John Macpherson, members of the voluntary association mentioned in the preamble, together with such persons as become members of the association hereby incorporated, are incorporated under the name of "The Dominion of Canada Rifle Corporate Association," hereinafter called "the Association." name. officers and 2. The officers and council of the said voluntary association Existing at the time this Act is passed shall be the officers and by-laws to council of the Association until the first general meeting of continue. the Association or until their successors are elected, and the constitution, by-laws, rules and regulations of the said voluntary association at the time this Act is passed shall continue to be the constitution, by-laws, rules and regulations of the Association, so far as they are consistent with this Act, until repealed or amended in the manner prescribed by this Act. 3. All property, real and personal, now belonging to the Property said voluntary association is hereby transferred to and vested to vest. in the Association, its successors and assigns. Head office. Election of officers. Powers of council. Executive committee of council. Objects of 4. The head office of the Association shall be in the city of Ottawa, in the province of Ontario. 5. At the first general meeting of the Association, and at each annual general meeting, the Association shall elect a president of the Association, a vice president for each province and a council composed of members of the Association elected to represent each province, the number of such representatives to be fixed by by-law. 6. The council may, in all things, administer the affairs of the Association and may make any description of contract which the Association may, by law, enter into, and may make by-laws for the following purposes : (a.) To regulate the number of members of the council. (b.) The number of members of the council to represent each province and the method of their election. (c.) The appointment, duties and removal of all officers and servants of the Association and their remuneration. (d.) The time and place of holding all meetings of the Association, council and committees and the quorum thereof and voting thereat. (e.) The fees and membership of the Association. (f) To fill vacancies occurring in the council and committees. (g.) The conduct in all other particulars of the affairs of the Association and for carrying out its objects and powers. 7. The council may elect from among its members a committee to be called the Executive Committee, and the council may, by resolution, delegate to the Executive Committee power to make by-laws for any of the purposes mentioned in section 6 of this Act, which by-laws shall thereupon be of the same force and effect as if made by the council. 8. The objects and powers of the Association shall be,— (a.) to promote and encourage rifle shooting throughout Canada; (b.) to establish, regulate, control and carry on annual prize competitions at or near the city of Ottawa; (c) to affiliate and unite with other associations and clubs having for their object the promotion of rifle shooting; (d.) to acquire, hold and dispose of such real property as is necessary or desirable for the purposes of the Association; (e.) to erect and furnish such buildings as are deemed necessary for its purposes and objects, and alienate, lease, and dispose thereof; (f) to borrow money on mortgage of its real estate, or upon any other security, for such time and for such purposes as it sees fit; (g.) to become a party to promissory notes and bills of exchange for the purposes or objects of the Association, as the council considers necessary or advisable. 9. Every by-law, rule or regulation made by the council, By-laws. or by the Executive Committee under its authority, shall have force until the next annual general meeting of the Association, and in default of confirmation thereat shall cease and become void; provided that any by-law, rule or regulation passed by the council or the Executive Committee may be repealed or amended by the Association at any annual general meeting or any special general meeting called for the purpose. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty. |