same passes, with the right to the said City at all times hereafter to construct, operate, maintain, and repair electric light and power lines through, on, under, or over any and all public highways of the Township Corporation, and the franchises granted by the Township Corporation on the first day of November, 1906, to the Armstrong Light and Power Company, Limited, and by the said Company granted to the Township Corporation on the twenty-sixth day of March, 1909, in trust for the Township of Armstrong, now the City: (9.) All municipal office furniture and fixtures and electric light and power books and waterworks books of the Township Corporation: (10.) All and singular the fire hose, reels, and other equipment of the fire brigade, street lamps and posts:

(11.) All arrears of taxes and assessments due on the first day of January, 1913, on lands and real property within the said city area, and all rights and privileges in connection therewith:

(12.) Any and all real property within the city area acquired by the Township Corporation at tax sales in 1912, or any former years:

(13.) All other public works and improvements located within the city

area.

Second: The City shall have access to the books of the Township Corporation, at all reasonable hours, until all debenture debts and other matters in which the City and the Township Corporation are mutually interested are fully completed and carried out.

Third: The Township Corporation agrees to account for and pay over to the City all taxes and licences collected by it after the first day of January, 1913, within the city area.

Fourth All debts and liabilities owing by the Township Corporation shall be assumed and borne by the Township Corporation and the City as follows:(a.) In respect of the debenture debt of the Township Corporation, amounting to one hundred and nineteen thousand four hundred and fifteen and sixty-one one-hundredths dollars ($119,415.61), under the by-laws passed in the years for the purposes, the amounts, and maturing on the years hereinafter mentioned, that is to say:

The City shall undertake and be responsible for the payment of the same, and shall at all times hereafter indemnify the Township Corporation from and against the liability so undertaken by it:

(b.) In respect of the debenture debt of the Township Corporation, amounting to thirty-five thousand five hundred dollars ($35,500), under the by-laws passed in the years for the purposes," the amounts, and maturing on the years hereinafter mentioned, that is to say:—

The City shall undertake and be responsible for seventeen thousand seven hundred and fifty dollars ($17,750) and the Township Corporation shall undertake and be responsible for the balance, and each of the said municipalities shall at all times hereafter indemnify the other of the said municipalities from and against the liabilities so undertaken by it:

(c.) In respect of the balance of the present debenture debt of the Township Corporation, the Township Corporation shall undertake and be responsible for the same, and the Township Corporation shall at all times hereafter indemnify the City from and against the liability so undertaken by it.

Fifth The Township Corporation agrees to grant and convey to the City all moneys and securities for money, which the Township Corporation has in the hands of its Treasurer or in its bank, levied, assessed, and collected under any and all of the by-laws of the Township Corporation which the City is assuming in whole or in part. The Agreements by the Township Corporation hereinbefore contained are subject to the conditions following, namely: that the City shall agree to the matters and things set out in clauses six, seven, and eight hereof.

Sixth The City shall keep in repair the present water systems of the Township Corporation extensions of the City water systems beyond the limits of the said city area during the lifetime of the present systems respectively, and the opinion of the City Water Committee as to the time when any such system shall be beyond repair shall be conclusive, and the City agrees that it will during such lifetime of the respective systems supply to such systems respectively available water or that which may be available, and, except for repairing the system or for non-payment of water rates, not to cut off the supply of water as long as water is available.

Seventh The City shall maintain the High School now erected and in operation within the city area, and the Township Corporation undertakes and agrees that it will pay a monthly proportion of the monthly expenses thereof, calculated on the basis that the attendance of scholars from the Township Corporation area bears to the total attendance.

Eighth The City shall maintain the Township Corporation ditch schemes lying within the city area.

Ninth The expenses incurred or that may be incurred in the making and carrying out this Agreement shall be paid by the Township Corporation and the City in the proportion of the assessed value of the real property in the city area and in the limits of the Township Corporation outside the city area as shown by the revised assessment roll of the Township Corporation, 1912. Tenth Failing the passing of this Act as mentioned in clause twelve hereof, the expenses so far as then incurred in making and carrying out this Indenture shall be paid by the Township Corporation and the ratepayers of the city area in the proportion of the assessed value of the real property in the city area and in the limits of the Township Corporation outside the city area as shown by the revised assessment roll of the Township Corporation, 1912.

Eleventh In the event of any dispute arising in connection with this Agreement, the same shall be referred to arbitration under the provisions of the "Arbitration Act."

Twelfth This Indenture, except clauses ten and eleven hereof, shall not take effect or become operative until an Act is passed by Legislature of the Province of British Columbia incorporating the City and separating the city area from the Township Corporation.

In witness whereof the parties of the second part have hereunto set their hands and seals and the seal of the Township Corporation has been affixed on the day and year first above written.

Commencing at the south-east corner of the North-west Quarter of Section Thirty-two (32) in Township Four (4), in the Osoyoos Division of Yale District, and running thence due north one and one-half miles to the northeast corner of the North-west Quarter of Section Five (5) in Township Thirtyfive (35), in the said Osoyoos Division of Yale District, running thence due west one and one-quarter miles to the centre of the north boundary of the North-west Quarter of Section Six (6) in said Township Thirty-five (35); thence due south one-half mile to the south boundary-line of the said Northwest Quarter of Section Six (6); thence due west one-quarter mile to the south-west corner of the said North-west Quarter of Section Six (6); thence due south one-half mile to the south-west corner of said Section Six (6); thence due east one-half mile to the south-east corner of the South-west Quarter of said Section Six (6); thence due south fifty (50) rods along the western boundary of the North-east Quarter of Section Thirty-one (31) in said Township Four (4); thence due east to the intersection with the west boundaryline of the right-of-way of the Shuswap and Okanagan Railway; thence in a southerly direction along the west boundary-line of the said railway right-ofway to the southerly boundary-line of the North-east Quarter of Section Thirty-one (31) in Township Four (4); thence due east along the southern boundary-line of the North-east Quarter of Section Thirty-one (31) and the North-west Quarter of Section Thirty-two (32) in Township Four (4) to the point of commencement.

VICTORIA, B.C.:

Printed by WILLIAM H. CULLIN, Printer to the King's Most Excellent Majesty.

1913.

W

HEREAS the persons hereinafter named have by their petition Preamble. represented that they are desirous of forming a company, with power to carry on the business of issuing or undertaking liability under policies of insurance upon the happening of or against personal accidents (whether fatal or not), disease, or sickness, or issuing policies insuring employers against liability to pay compensation or damages to workmen in their employment, or to make contracts of insurance or reinsurance with any person or persons, or bodies corporate or politic, against any accident or casualty of whatsoever nature or from whatsoever cause arising to individuals or to the property of individuals other than the insured, and also to the property of the insured; to carry on the business of guarantee. insurance in all its branches; to carry on the business of insurance against sprinkler-leakage in all its branches; to carry on the business of steam-boiler insurance in all its branches; to carry on the business of burglary insurance in all its branches; to effect and obtain all such reinsurances, counter-insurances, and counter-guarantees, and adopt all such measures for mitigating the risks of the Company as may seem expedient to the Company; to purchase or otherwise acquire, sell, dispose of, and deal in real and personal property of all kinds; to invest its funds in securities of any kind, and generally to carry on the business of an accident, guarantee, surety, indemnity, burglary, and employers' liability insurance company in all the respective branches, and with all such other powers and privileges as are usual or incidental to all or any of the aforesaid purposes: And whereas it is expedient to grant the prayer of the said petition: