|This is an unofficial archived version of The Young Men's Christian Association of Brandon Incorporation Act|
as enacted by SM 1990-91, c. 1 on 14 novembre 1990.
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R.S.M. 1990, c. 232
The Young Men's Christian Association of Brandon Incorporation Act
|Table of Contents|
WHEREAS an association, under the name of the Young Men'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 men, and is governed by a constitution and by-laws which have received the assent of the association;
AND WHEREAS the following members of the said association, by their petition, prayed that The Young Men's Christian Association of Brandon should be incorporated:
Spencer A. Bedford, farm superintendent; Albert Edward McKenzie, merchant; Harry Cater, manufacturer; Thompson Ferrier, clergyman; Robert Sword, contractor; John A. McDiarmid, physician; Archibald P. McDiarmid, D.D., college professor; Robert J. Campbell, merchant; J.P. Little, banker, all of the City of Brandon, in the Province of Manitoba;
AND WHEREAS their prayer was granted, and resulted in the enactment of An Act to incorporate "The Young Men's Christian Association of Brandon", assented to January 31, 1905;
AND WHEREAS the Minister of Justice has caused this Act to be prepared in English and French for re-enactment in accordance with 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:
The Young Men's Christian Association of Brandon (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 of the said association.
The corporation shall have a common seal, with power to alter or change the said seal by by-law to that effect, and shall be able and capable to purchase, acquire, hold, possess and exchange and to have, take and receive, by gift or devise, 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 $100, 000., and the same to sell, alienate, lease, exchange and otherwise dispose of whensoever the said corporation may deem it expedient so to do.
The corporation may from time to time, borrow money, not to exceed in the whole the sum of $75, 000., for such purposes, and upon such terms, as it shall think proper 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 corporation; and, subject to the said limitation, may borrow money upon the promissory note or notes, or evidences of debt, of the corporation from any person or corporation.
The corporation shall have power to lend at interest such surplus moneys as are not required for immediate use, and to take, as security for the payment 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.
The corporation may from time to time make and pass a constitution and by-laws for the government of the corporation and for the guidance of the officers and board of directors, and may alter, amend and annul the said constitution and by-laws; provided always that such constitution and by-laws shall not be contrary to this Act or repugnant to the laws of. this Province.
The said constitution and by-laws shall be entered in a book kept for such purpose, and signed by the chairman of the meeting of the 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 corporation.
A copy of the said constitution and by-laws, under (he 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 purposes, without proof of the signature of the said secretary.
It shall be the duty of the corporation, at all times when it may be called upon by the Lieutenant Governor in Council, to render an account in writing of its property, in which shall be set forth in particular the income by it derived from property held under this Act and the source from which the same has been derived.
Note: This Act replaces S.M. 1905, c. 75.