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This is an unofficial archived version of The King Edward Lodge, Number 93, Ancient, Free and Accepted Masons Incorporation Act
as enacted by SM 1990-91, c. 1 on November 14, 1990.
 

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R.S.M. 1990, c. 82

The King Edward Lodge, Number 93, Ancient, Free and Accepted Masons Incorporation Act

Table of contents

WHEREAS the persons hereinafter named associated together in this Province under the name of King Edward Lodge, No. 93, Ancient, Free and Accepted Masons, and by petition prayed that they should be incorporated:  Thomas Hurtley, Daniel McLean, Arthur George Hopkins, John Fletcher Mitchell, Robert McKay and John McMillan, 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 King Edward Lodge, Number 93, Ancient, Free and Accepted Masons, assented to March 16, 1906;

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:

Continuation

1

King Edward Lodge, Number 93, Ancient, Free and Accepted Masons (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 become members.

General powers

2(1)

The corporation shall have perpetual succession and a common seal, with power to make, alter or break the said seal by by-law to that effect, and shall have power from time to time, and at all times hereafter be able and capable, to purchase, acquire, hold, possess, exchange and to have, take and receive by gift or devise to them and their successors, to and for the actual use and occupation of the corporation, any real and personal estate, provided that such real estate shall not exceed the sum of $100,000., and the same to sell, alienate, lease, exchange and otherwise dispose of whenever the corporation may deem it expedient so to do.

Borrowing powers

2(2)

The corporation may from time to time borrow money, not to exceed in the whole the sum of $50,000., for such purposes and upon such terms as it shall think proper and expedient, and may for such purposes 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 and personal estate of the corporation, provided that any mortgage so executed shall only affect the property therein described.

By-laws

2(3)

The corporation shall have power to make any by-laws, rules and regulations, not being contrary to law or to the provisions of this Act, with power to amend and repeal the same, for all purposes relating thereto and bearing on the well being and interests of the corporation.

Appointment of officers to manage

3

The corporation shall have power to appoint any of its present members, or such other members or officers of the corporation, for the management of its funds and property, as may be deemed expedient, to prescribe their duties and to require such security as may from time to time be deemed proper from such officer or officers or any of them for the faithful performance of their respective duties, and may remove them, or any of them, at pleasure, and may make and ordain and put in execution such by-laws and rules or regulations as may be deemed necessary for the purpose aforesaid, not inconsistent with the laws of this Province.

Corporation to dispose of any excess of realty

4(1)

In the event of the real estate of the corporation exceeding in value the sums hereinbefore limited by any gift, donation or devise shall not lapse or be forfeited, but the corporation shall be capable of holding the same, and shall as soon as may be expedient thereafter sell and convert the same into personalty.

Execution of deeds and mortgages

4(2)

All deeds, mortgages, discharges, bonds or other instruments, executed by the corporation in accordance with powers conferred by this Act, shall be sealed with the corporate seal and signed by the presiding officer and secretary of the corporation.

Investment of funds

5

It shall be lawful for the treasurer of the corporation, and he is hereby empowered from time to time, by and with the consent of the corporation, to lay out and invest all such sums of money as shall from time to time be collected, and not required for the exigencies of the corporation, in real estate or on mortgages or in any public or private stock or funds, or in such other manner as the corporation may direct, and from time to time, with the like consent, to alter, sell, transfer and discharge said securities, real estate, stock or funds respectively, and otherwise re-invest and dispose of the same, and the certificate, bill of sale, deed or other instruments of transfer, sale or discharge of said real estate, stock, funds or security, shall be made under the seal of the corporation, and all such investments shall be made in the name of the corporation.

Security to be taken from treasurer

6

It shall and may be lawful for the corporation to receive from the treasurer thereof from time to time, in its corporate name, sufficient securities, by bonds with one or more sureties, or otherwise as such corporation may deem expedient, for the faithful performance of his duty as such, and that he will when required to do so truly account for, pay and invest from time to time as directed by the corporation all such sum or sums of money, funds or other property as may come into his hands or under his control belonging to the the corporation, and shall render and deliver up to the corporation or to his successor in office, or any other person authorized by this Act, or by any by-law or regulation passed hereafter, and return to them all such sums of money, funds, deeds, bonds, or mortgages or stock or any funds in his possession or under his control belonging to the corporation, at the expiration of his term of office or at any time fixed by the corporation.

Members cannot transfer their interests

7

No member of the corporation shall have any power to assign or transfer to any person or persons whomsoever any interest which he may have in the funds or property of the corporation, but the same shall at all times be the property and remain under the control of the corporation, and no property or stock of any kind belonging to the corporation shall be subject to the payment of the private debts of any of its members, or liable to be taken in execution by any judgment creditors against any individual member or members of corporation.

Members expelled or suspended

8

When any member is expelled or suspended, or in the event of the death or retirement of any member from the corporation, the said member shall cease to have any interest or claim whatever upon the funds or property of the corporation, while under such suspension or expulsion.  Provided that, in the case of such suspension, such member shall be restored to his rights and privileges upon being reinstated or such suspension vacated.

Liability of members limited

9

No officer or member of the corporation shall be or be held liable or responsible for any debt or obligation of the corporation, beyond the extent of any unpaid dues or subscriptions owing by him to the corporation.

NOTE:  This Act replaces S.M. 1906, c. 111.