CAP. LIII.

An Act to incorporate the Bank of Hamilton.

[Assented to l&th June, 1872.]

Preamble. TT7HEREAS the persons hereinafter named and others by V V their petition have prayed that they may be incorporated for the purpose of establishing a bank in the City of Hamilton, and it is expedient to grant the prayer of the said Petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:—

Certain persons incorporated.

Corporate name and powers.

1. John Winer.Edward Jackson, Edward Gurney, James Turner, James M. Williams, M.P.P., D. B. Chisholm, Dennis Moore, Jacob Hespeler, Hon. S. Mills, C. Magill, M.P., John Stuart, A.T. Wood, Edward Martin, Anthony Copp, E. Hyman, Alexander Harvey, John Harvey, Donald Mclnnes and James Watson, and such others as shall become shareholders in the corporation hereby created and their respective executors, administrators and assigns shall be and they are hereby constituted and declared to be a corporation, body corporate and politic, in fact, by and under the corporate name of the "Bank of Hamilton," and as such shall have perpetual succession and a common seal, with power to break, change and alter the same at pleasure, and also with all other powers incident to and necessary for the purposes hereinafter declared.

Capital and shares, ic.

Provisional Directors and their powers.

First general meeting of shareholders.

2. The capital stock of the said Bank shall be One Million of Dollars, divided into ten thousand shares. of one hundred dollars each: and its chief office shall be in the City of Hamilton.

3. The said persons above named shall be Provisional Directors for the purpose of organizing the said Bank, and they or a majority of them may cause stock books to be opened at such times and places as they or a majority of them shall think expedient, after first giving two weeks' notice thereof in one or more newspapers published in the City of Hamilton, upon which stock books shall be recorded the subscriptions of such persons as shall desire to become shareholders in the said Bank, and such books shall be kept open at the discretion of the said Provisional Directors, or a majority of them, so long as they shall deem necessary.

4. Whenever Five Hundred Thousand Dollars of the capital stock of the said Bank shall have been subscribed, and One Hundred Thousand Dollars thereof shall have been bond fide paid into some one of the present chartered banks of Canada, it shall be lawful for the said Provisional Directors, or a majority of them, after giving three weeks' notice in one or more newspapers published in the said City of Hamilton, to call a public meeting

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of the Shareholders, to be held at such place in the said City

of Hamilton as shall be mentioned in such notice, for the purpose

of electing Directors and for other purposes connected with the

.said Bank. And it shall be lawful at such meeting to elect the

requisite number of Directors of the said Bank, and thereupon Dj^Jors"'^

the duties of the Provisional Directors shall cease: and the Bank

may thereupon issue its notes and carry on business, provided

that if no more than one hundred thousand dollars shall then Ptotuc.

have been paid in upon such stock in manner aforesaid such

further sum as shall bo required to make up the sum of two

hundred thousand dollars shall be called in and paid up within

two years thereof.

5. The number of Directors of the said Bank shall be seven, Directors, subject to be increased or diminished from time to time by

by-law to be passed as provided in 'the twenty-eighth section of

the Act of the Parliament of Canada, passed in the thirty-fourth Si v>c- 6

year of Her Majesty's reign, intituled "An Act relating to Banks

and Banking."

6. The said Act and all the provisions thereof shall apply to 34 Vict., a B the Bank hereby incorporated in the same manner as if the same th^Bank.1" were expressly incorporated in this Act, except in so far as such provisions relate specially to banks in existence before the passing

thereof, or to banks en commandite, or are inconsistent with this Act.

7. This Act shall remain in force until the first day of July, Duration of in the year of our Lord, One Thousand Eight Hundred andthiaActEighty-one.

8. The said Bank shall obtain from the Treasury Board, within Certificate of twelve months from and after the passing of this Act, the certiii- ^Sunustbo cate required by section seven of the said Act relating to Banks and obtained withBanking, passed in the thirty-fourth year of Her Majesty's reign, m 12 mo*" chapter five; in default of which this Act shall become and be null

and void and of no effect; and the Charter hereby granted, and all and every the rights and privileges hereby conferred shall be forfeited.

CA.P. LLV

An Act to incorporate the Halifax Banking Company.

[Assented to Wth June, 1872.]

WHEREAS William Pryor, Brenton Haliburton Collins, and ramble Philip Carteret Hill, have by their petition prayed that they might hz incorporated for the purpose of establishing a Bank

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in the City of Halifax, in the Province of Nova Scotia; and whereas it is desirable to grant the prayer of their petition: Thcr»fore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows :—

1. William Pryor, Brenton Halliburton Collins, Philip Cartervt Hill, and such other persons as may become shareholders in the corporation to be by this Act created, and their assigns, shall l« and they are hereby created, constituted and declared to be a corporation, body corporate and politic, by the name of "Ths, Halifax Banking Company," and the chief office of the Bank shall | be in Halifax, in the Province of Nova Scotia.

2. The capital stock of the said Bank shall be Five Huntlm Thousand Dollars of lawful money of Canada, divided into twenty five thousand shares of twenty dollars each.

3. For the purpose of raising the amount of the said capita stock the persons above named may cause such books to be opened at such times and places as they may deem expedient, and alter giving public notice thereof may receive subscriptions for such stock; and as soon as the said stock shall be subscribed, and least One Hundred Thousand Dollars thereof paid in, a meeting such subscribers shall in like manner be called at such place in the said City of Halifax as may be deemed convenient, for tin election of Directors, and for the organization ot the Bank; and' such election shall be made then and there by a majority of shares,! voted upon, by ballot: Provided, that at least one hundred thou-J sand dollars shall be paid up in addition within two years from the date when the Bank commenced business.

4. The Bank shall be subject to any general regulations respect-1 ing banking now in force or which may hereafter be made by the! Parliament of Canada, and shall have such powers and privileges"! as may be conferred by such regulations.

5. This Act shall remain in force until the first day of July, in the year of our Lord One Thousand Eight Hundred and Eighty-one.

6. The said Bank shall obtain from the Treasury Board within twelve months from and after the passing of this Act, the certificate required by section seven of the said Act relating to Banks and Banking passed in the thirty-fourth year of Her Majesty's reign, chapter five, in default of which this Act shall become and be null and void and of no effect; and the charter hereby granted, and all and every the rights and privileges hereby conferred, shall be forfeited.

CAP.

CAP. LV.

An Act to incorporate the Bank of Acadia.

[Assented to l¥Ji Jane, 1872.]

WHEREAS the persons hereinafter named and others by their Preamble, petition have prayed that they may he incorporated for the purpose of establishing a hank in the Town of Liverpool, Nova Scotia, and it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:—

1. Stephen C. Tupped Jabesh Snow, T. R. Pattillo, the elder, Ce^° Jarae3 Sponagle, James Tupper, Thomas Rees and William Collins, incorporated and such others as shall become shareholders in the corporation

hereby created and their respective executors, administrators and assigns, shall be and they are hereby constituted and declared to be a corporation, body corporate and politic, in tact, by and under the corporate name of tho, "Bank of Acadia," and as such shall have ^^eor*^ perpetual succession and a common seal, with power to break, powera. change and alter the same at pleasure, and also with all other powera incident to and necessary for the purposes hereinafter declared.

2. The capital stock of the said Bank shall be Five Hundred and Thousand Dollars, divided into five thousand shares of one hundred dollars each; and its chief office shall be in the Town of Chief offic''Liverpool, in the Province of Nova Scotia.

3. The said persons abovo named shall be Provisional Directors j^TM°"al for the purpose of organizing the said Bank, and they or a their powers, majority of them may cause stock books to be opened at such

times and places as they or a majority of them shall think expedient, after first giving two weeks' notice thereof in one or more newspapers published in the City of Halifax and in a local newspaper; upon which stock books shall be recorded the sub-! scriptions of such persons as shall desire to become shareholders in the said Bank; and such books shall be kept open at the discretion of the said Provisional Directors, or a majority of them, so long as they shall deem necessary.

4. Whenever the whole of the capital stock of the said Bank^^s6""5TM1 shall have been subscribed, an<i One Hundred Thousand Dollars Aareholder». thereof shall have been bond fide paid, it shall be lawful for the said Provisional Directors, or a majority of them, after giving four weeks' notice in one or more newspapers published in the City of Halifax, and in the said Town of Liverpool, Nova Scotia, to call a public meeting of the shareholders, to be held at such place' in the, said Town 'of Liverpool, as shall be mentioned in suchi

14J notice,'

Election of
Direct >rs, &c.

Proviso.

Directors; number of

34 Vict, c. to apply.

Duration of
Act.

notice, for the purpose of electing Directors and for other purposes connected with the said Bank. And it shall be lawful at such meeting to elect the requis>ito number of Directors of the said Bank, and thereupon the duties of the Provisional Directors shall cease; and the Bank may thereupon issue its notes and carry on business: Provided that if no more than one hundred thousand dollars shall then have been paid in upon such stock in manner aforesaid such further sum as shall be required to make up the sum of two hundred thousand dollars shall be called in and paid up within two years thereafter.

5. The number of Directors of the said Bank shall be seven, subject to be increased or diminished from time to time by by-law to be passed as provided in the twenty-eighth section of the Act of the Parliament of Canada, passed in the thirty-fourth year of Her Majesty's reign, entitled "An Act relating to Banks and Banking."

6. The said Act and all the provisions thereof shall apply to the Bank hereby incorporated in the same manner as if the same were expressly incorporated in this Act, except in so far as such provisions relate specially to banks in existence before the passing thereof or to banks en commandite, or are inconsistent with this Act,

7. This Act shall remain in force until the first day of July, in the year of Our Lord one thousand eight hundred ami eighty-one.

T*nSS£to °f 8- The said Bank sha11 obtain from .thfc Treasury Board within Board must be twelve months from and after the passing of this Act, the certiiiwlthinei2 ca^e re(ll,ire(i by section seven of tho said Act, relating to Banks months. and Banking, passed in the thirty-fourth year of Her Majesty's reign, chapter five, in default of which this Act shall become and be null and void and of no effect; and the charter hereby granted and all and every the rights and privileges hereby conferred, shall be forfeited.

CAP. LVI.

An Act to incorporate the Bank of Saint John.

[Assented to lit/i June, 1872.

Preamble. IT THERE AS Acalus Lockwood Palmer, Simeon Jones, John W W. Nicholson, Thomas R. Jones, William H. Tuck and others, have prayed that they might be incorporated for the purpose of establishing a bank in the City of Saint John, in the

Province

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