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It has been in effect since November 14, 1990, when this Act came into force.
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R.S.M. 1990, c. 24
The Carleton Club Incorporation Act
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WHEREAS the persons hereinafter named, by their petition, prayed that The Commercial Club of Winnipeg should be incorporated: John Arbuthnot, Elisha Frederick Hutchings, Charles Henry Cordingley, James Porter and Edward Nicholson, Merchants; Donald Ross Dingwall, Jeweller; Hodgson Wilberforce Hutchinson, Manager of Fairchild Company; Frank Graham Walsh, District Superintendent of the Bell Telephone Company, and Arthur Steward, Manager of the National Trust Company, Limited, all of the City of Winnipeg, in the Province of Manitoba;
AND WHEREAS their prayer was granted, and resulted in the enactment of An Act to incorporate the Commercial Club of Winnipeg, assented to March 29, 1901;
AND WHEREAS the Act was subsequently amended and the name changed to An Act to incorporate the Carleton Club;
AND WHEREAS the Minister of Justice has caused the Act to be prepared in English and French for re-enactment in accordance with a judgment dated June 13, 1985 and an order dated November 4, 1985 of the Supreme Court of Canada;
THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
Carleton Club (hereinafter referred to as "the corporation") is continued as a corporation consisting of those persons who are members on the coming into force of this Act and such other persons as shall hereafter become members.
The corporation shall have a common seal, with power to make and alter the seal by by-law to that effect, and may purchase, acquire and hold real property within The City of Winnipeg for the actual use and occupation of the corporation and may sell, alienate, mortgage, lease, exchange and otherwise dispose of the real property of the corporation and apply the proceeds thereof for the purposes of the corporation.
The corporation may borrow money at such rate of interest and upon such terms as it things proper and may, for that purpose, make, execute or issue any mortgage, bonds, debentures or other instruments under the seal of the corporation which shall operate as a mortgage and charge against the lands and effects of the corporation as security for the loan.
Any such mortgage, bond or debenture shall be sealed with the seal of the corporation and signed by the president, the honorary secretary and treasurer.
No member of the corporation shall be in any way liable for or chargeable with the payment of any debt or demand due by the corporation beyond the extent of the entrance fee and annual subscriptions remaining unpaid by the said member and for any unpaid accounts he may have incurred to the corporation for articles ordered by him upon its premises, and any member of the corporation not so indebted will be allowed to withdraw and will cease to be a member on giving notice to that effect according to the form that may be provided by the constitution, rules and regulations of the corporation, and from thenceforth be free from all debts and demands due by the corporation.
The corporation shall have power to draw, make, accept and endorse all cheques, bills of exchange, promissory notes and any contract or instrument which the corporation may legally enter into and which may be necessary for the purposes of the corporation. Every such document shall be executed under the hands of such members of the board of directors as the board of directors may appoint. It shall not be necessary that the seal of the corporation be affixed to any cheque, bill or note of the corporation, nor shall any member of the corporation be personally liable in respect of any bill, note, cheque or obligation of the corporation; provided, however, that nothing herein contained shall be construed to authorize the said corporation 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.
The corporation shall have power to make by-laws, rules and regulations, not being contrary to law or to the provisions of this Act, with power to amend or repeal the same, for all purposes relating to or bearing on the affairs, business, property, management, aims, objects and interests of the corporation, and for the admission, retirement and expulsion of members.
The corporation shall have power to purchase from time to time and at all times upon credit, or for cash, all such goods or supplies as may be considered necessary by the directors or committee of such corporation for the purposes of the corporation, and to pledge the credit of the corporation for any such purposes.
NOTE: This Act replaces S.M. 1901, c. 57.