1917 CHAPTER 37. An Act to amend An Act respecting the Legislative Assembly of Alberta. (Assented to April 5, 1917.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. An Act respecting the Legislative Assembly of Alberta, being chapter 2 of the Statutes of 1909, is amended as follows: 1. Section 2: By striking out all the words thereof after the word "member" in the second line thereof. 2. Schedule 1: By striking out paragraph 14 thereof relating to the electoral district of Edmonton and by substituting in lieu thereof the following: "East Edmonton.-All that portion of the City of Edmonton lying north of the North Saskatchewan River and east of the centre line of 101st Street. "West Edmonton.-All that portion of the City of Edmonton lying north of the North Saskatchewan River and west of the centre line of 101st Street, together with all of the south-west quarter of section 19, township 53, range 24, west of the 4th meridian." 1917 CHAPTER 38. An Act amending The Election Act respecting Members of the Legislative Assembly on Active Service. (Assented to April 5, 1917.) WHEREAS, Robert Eldo Campbell, Robert Eaton, George Edgar LeRoy Hudson, James Robert Lowery, Gordon MacDonald, Charles Stewart Pingle, Andrew Stefan Shandro, Nelson Spencer, John Smith Stewart, Joseph Emmet Stauffer, James Gray Turgeon and Francis Austin Walker are members of the Third Legislative Assembly for the Electoral Districts of Rocky Mountain, Hand Hills, Wainwright, Alexandra, Pembina, Redcliff, Whitford, Medicine Hat, Lethbridge, Didsbury, Ribstone, and Victoria, respectively; And whereas, the said members have enlisted for overseas service with His Majesty's Forces and being under military control will be unable for that reason, in case of the dissolution of the said Legislative Assembly before the termination of the present European war, to take any part in any election for the Fourth Legislative Assembly; Therefore His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. Robert Eldo Campbell, Robert Eaton, George Edgar LeRoy Hudson, James Robert Lowery, Gordon MacDonald, Charles Stewart Pingle, Andrew Stefan Shandro, Nelson Spencer, John Smith Stewart, Joseph Emmet Stauffer, James Gray Turgeon and Francis Austin Walker, representing the Electoral Districts of Rocky Mountain, Hand Hills, Wainwright, Alexandra, Pembina, Redcliff, Whitford, Medicine Hat, Lethbridge, Didsbury, Ribstone, and Victoria, respectively, in the Third Legislative Assembly, shall be, on the day fixed by proclamation for the nomination of candidates, deemed to be nominated and elected as a Member of the Fourth Legislative Assembly for the Electoral District which they now respectively represent, as if they and each of them had been duly nominated and elected in accordance with the provisions of The Election Act, and the Clerk of the Executive Council shall, in accordance with the provisions of section 236 of The Election Act, give in The Alberta Gazette notice of the names of such persons elected and the Electoral District respectively represented by them. 1917 CHAPTER 39. An Act to amend The Succession Duties Act. (Assented to April 5, 1917.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: The Succession Duties Act, being chapter 5 of the Statutes of 1914, is amended as follows: 1. Section 12, subsection 1: By adding thereto the following proviso: "Provided, however, that the Provincial Treasurer may accept a bond in a penal sum less than ten per centum of the sworn value aforesaid." 2. Section 19: By adding thereto the following subsection: "(2) If the duty on any future or contingent estate, income or interest is not paid forthwith when such estate, income or interest comes into possession, or at any prior date, interest shall be charged and collected thereon at the rate of six per centum per annum from the date when such estate, income or interest comes into possession, and such duties together with the interest thereon shall be and remain a lien upon the property in respect to which they are payable, until the same are paid." 3. By adding the following new section after section 20: "20a. The valuation of every annuity for the purposes of this Act shall be based on the British Offices Select Life Annuity Tables, 1893, male or female according to the sex of the annuitant, and on a rate of interest of five per centum per annum. "(2) Where there is any person beneficially entitled to an estate for life or any other particular estate in property subject to succession duty under this Act, such estate shall be considered to be of the value of an annuity equal to five per centum of the net value of such property, and payable from the date upon which such person shall become entitled thereto in possession, or to the receipt of the income or profits thereof until such person's death, or until such estate is otherwise sooner determined, and the duty chargeable thereon shall be payable as in section 23 herein provided, if such estate is to commence at the date of death of the deceased, but if the said estate is to commence at any subsequent date either fixed or contingent, then the duty on such estate shall be payable as provided under sections 19 and 21 of this Act.' 4. Section 21: By adding thereto the following subsections: "(2) For the purpose of commutation under the next preceding subsection, the rate of interest shall be taken to be five per centum per annum. "(3) For the purpose of determining the duration of a life on which the vesting of any future estate, income or interest depends, the standard of mortality shall be the tables of mortality known as the British Offices Select Life Annuity Tables, 1893, male or female according to the sex. (4) Where in respect of any future or contingent estate or interest there is no person beneficially entitled to the whole present income or enjoyment, such income as is not taxable otherwise under the provisions of this Act shall be deemed to earn interest at the rate of five per centum per annum compounded yearly until the time that such future or contingent estate or interest comes into possession, and for the purpose of computation under this section, the rate of income shall be taken to be five per centum per annum." 5. Section 23: By striking out the words "The duties imposed by this Act shall be due and payable on the death of the deceased or within six months thereafter and if the same are paid" and substituting therefor the following: "Save as otherwise provided herein the duties imposed by this Act shall be due and payable on the death of the deceased, or within six months thereafter, and if duties so due and payable are paid." 6. Inventory A, form 1, schedule 1: By striking out the words "to whom payable" where they appear in the second column under the heading "life insurance" on the eighteenth page of the said Act, and substituting therefor the words "beneficiary under policy". 1917 CHAPTER 40. An Act to amend The Life Insurance Beneficiaries Act. (Assented to April 5, 1917.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: The Life Insurance Beneficiaries Act, being chapter 25 of the Statutes of 1916, is amended as follows: 1. Section 7: By adding thereto the following subsection: "(3) Such a person may from time to time borrow from the insurer on the security of the contract such sums as may be necessary to keep it in force and the same shall be so applied, and on such terms and conditions as may be agreed upon; and the sums so borrowed with such interest as may be agreed on, shall be a first lien on the contract and on all moneys payable thereunder." |