Acts of the Legislature of the Province of Manitoba

Borrowing powers.

Security

8. The club shall have power from time to time to borrow money, and for such purpose may raise or borrow any sum or sums of money by way of promissory notes or by the issue of bonds, debentures or other instruments, on such terms as it may think proper, and may pledge or mortgage all the property and assets, real and personal, and income of the club, or any portion thereof, to secure the payment of the moneys so borrowed or the interest thereon; provided always that the consent of a majority of the members present at a special necessary to meeting, duly called for that purpose, and voting in person, shall be first had and obtained for the issuing of bonds or debentures or the pledging or mortgaging of the property, assets or income of the club.

for loans.

Consent of members

issue of

bonds or to mortgaging property

of club.

Collection of

amounts due

9. Any unpaid account a member may have incurred to by members. the club for articles ordered by him upon its premises, and his entrance fee and annual subscription unpaid, shall be a debt due by him to the club, and may be collected from him by the club by due process of law.

Present members to

be members

10. All persons who have heretofore signified an intention of becoming members of the said club, and who have paid porated club. the fees and otherwise conformed to the requirements of the

of the incor

Club as party to negotiable instruments.

to sign.

Womens' Musical Club of Winnipeg, hereinbefore named, for such purposes, shall be (subject to the constitution, by-laws, rules and regulations of the club) members of the said club to the same extent as if they had been specifically named along with the petitioners in this Act of incorporation.

11. The club shall have power to draw, make, accept and indorse all cheques, bills of exchange and promissory notes necessary for the purpose of the said club, under the hands What officers of its president and treasurer, after authority from a majority of the directors of the said club so to do; and in no case shall it be necessary that the seal of the club be affixed to any such cheque, bill or note, nor shall the president or treasurer be personally responsible therefor; provided, however, that nothing herein contained shall be construed to authorize the said club to issue notes or bills of exchange payable to bearer, or intended to be circulated as money or as notes or bills of a bank.

Seal not necessary.

Officers

signing not personally liable.

12. This Act shall come into force on the day it is assented to.

CHAPTER 120.

An Act to incorporate "The Young Women's Christian
Association of Brandon."

[Assented to March 10th, 1911.]

WHEREAS an association, under the name of "The Preamble.

Young Women's Christian Association of Brandon," has existed for several years in the City of Brandon, having for its object the promotion of the spiritual, moral, intellectual, social and physical welfare of young women, and is governed by a constitution and by-laws which have received the assent of the said association; and whereas members of the said association have, by petition, prayed to be incorporated, and it is expedient to grant the prayer of said petition,

Therefore His Majesty, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

1. Jean B. McDiarmid, Jessie C. Smith, Ellen Payne, Incorporators Jessie McEwen, Alita Clement, Georgina Findlay, Martha M. Little and Mary A. McDiarmid, all of the City of Brandon, in the Province of Manitoba, and their successors, and such and so many other persons as have become or shall be- Incorporacome members of the said association, shall be and are hereby constituted a body politic and corporate under the name of "The Young Women's Christian Association of Brandon." Name.

tion.

of property.

2. The said corporation shall have perpetual succession common seal.. and a common seal, with power to alter or change the said seal by by-law to that effect, and shall have power from time to time, and at all times hereafter, and shall be able and capable to purchase, acquire, hold, possess and exchange, Acquisition and to have, take and receive, by gift or demise, to it and its successors, to and for the actual use or occupation of the said corporation, any real and personal estate; provided that such real estate shall not exceed in value the sum of seventyfive thousand dollars, and the same to sell, alienate, lease, exchange and otherwise dispose of whensoever the said corpor- Powers of ation may deem it expedient so to do; and by the same name property. may sue and be sued and prosecute and defend all manner of actions, both at law and in equity.

Limitation

of value of real estate.

dealing with

Parties to actions.

powers.

3. The said corporation may from time to time borrow Borrowing money, not to exceed in the whole the sum of $25,000, for such purposes and upon such terms as it shall think proper

Security for loans.

Borrowing

upon promissory notes.

Investments of surplus funds.

Constitution and by-laws for govern

ment of the association.

To be entered in a book

and signed

and expedient, and may for such purpose make, execute or issue any mortgages, bonds, debentures or other instruments for securing the repayment of any money borrowed, under the seal of the corporation, which shall operate as a mortgage and charge against the real or personal estate, or both, of the said corporation, and, subject to the said limitation, may borrow money upon the promissory note or notes or evidence of debt of the said corporation from any person or corporation.

4. The said corporation shall have power to lend, at an interest, such surplus moneys as are not required for immediate use, and to take, as security for the repayment thereof, mortgages upon real or personal estate, or both, and to sell or otherwise dispose of any such security as it shall from time to time deem expedient.

5. The said corporation may from time to time make and pass a constitution and by-laws for the government of the said corporation and for the guidance of the officers and board of directors, and may alter, amend and annul the said constitution and by-laws; and, until altered, amended or annulled, the present constitution and by-laws of the said association shall continue to be the constitution and by-laws of the said corporation at the time of the coming into force of this Act; provided always that such constitution and by-laws shall not be contrary to this Act or repugnant to the laws of this Province.

6. The said constitution and by-laws shall be entered in a book kept for such purpose and signed by the president of by president the meeting of the said corporation at which the same are adopted or passed, and by the secretary thereof, and such book shall be deposited among the records of the said corporation.

and secretary.

Book to be a record.

Certified
copy of con-
stitution and
by-laws as
evidence.

Returns to

be made to Government whenever

7. A copy of the said constitution and by-laws, under the hand of the secretary, shall be admitted and received as evidence of the said constitution and by-laws and the contents thereof in any court of this Province and for all pur-. poses without proof of the signature of the said secretary.

8. It shall be the duty of the said corporation, at all times when it may be called upon by the Lieutenant-Govern r-inCouncil of this Province, to render an account in writing of their property, in which shall be set forth in particular the What return income by them derived from property held under this Act and the source from which the same has been derived.

called upon.

must show.

9. This Act shall come into force on the day it is assented to.