to any creditor of or claimant upon the said Savings Bank "La Caisse d'Economie de Notre-Dame de Québec," for such rights and claims in the place and stead of the said Savings Bank "La Caisse d'Economie de Notre-Dame de Québec."

to be made and

31. The Directors of the said Corporation shall make an Annual returns annual statement to the Governor, wherein shall be given a to Government detailed account of the number of depositors, and total amount what they must of deposits; the amount invested in Banks, specifying the show. names of such Banks; the amount deposited with Banks at interest, specifying the names of such Banks; the amount vested in public securities, specifying the nature of such public securities; the amount loaned on the collateral security of Bank or Building Societies' Stocks and public securities, and the amount, if any, secured by mortgages on real estate; also the amount of debts overdue and in process of collection, the total accrued interest for the year, and the annual amount of the expenses of the Institution; all of which shall be sworn to How attested. by the Manager or by the Secretary and Treasurer, and by the Managing Directors or a majority of them, who shall make oath that the said return is correct, according to the best of their knowledge and belief; and it shall be lawful for the Governor Governor in in Council, at any time, to appoint an Inspector whose duty Council may it shall be to investigate and report upon the affairs of the said point an Corporation, to whom the Directors thereof shall afford all needful facilities for such inspection and investigation; and in case any mis-statement of the financial position of such Bank is made in any such annual statement, the Directors thereof, for the time being, concurring in such report or statement, shall be personally liable to the depositors in such Bank, for the amount of their deposits therein; and provided always that Proviso: cornothing contained in this Act shall exempt the said Savings subject to any Bank" La Caisse d'Economie de Notre-Dame de Québec❞ general Act. from the operation of any general law which may hereafter be enacted for the better regulation and management of Savings Banks in this Province.

Inspector, &

poration to be

32. Wherever the word "Director" occurs in this Act Interpretation. without being immediately preceded by the word "Honorary,' the same shall be construed as if the word "Managing" were prefixed thereto.

33. This Act shall be deemed a Public Act.

Public Act.

CAP.

Preamble.

Incorporation.

Corporate name and powers.

limited.

CAP. CXXXI.

An Act to incorporate the Society called La Caisse d'Epargnes de la Section St. Joseph de la Société de Tempérance de Montréal.

[Assented to 15th August, 1866.]

WHEREAS an association under the name of La Caisse

d'Epargnes de la Section St. Joseph de la Société de Tempérance de Montréal, has existed for some time past, in the city of Montreal, having for its object, among other things, the aid of its members in case of sickness; and whereas the members of the said association have prayed to be incorporated with certain powers, and it is expedient to grant their petition: Therefore, Her Majesty, by and with the advice and consent of the Legislative Council and Assembly of Canada, enacts as follows:

1. Charles S. Rodier, André Lapierre, Joachim Dubrule, Théophile Robert, Adolphe Leroux, Damase Bériau, François Fresne, Louis Fortin, Auguste Denis, together with such other persons as now are or may hereafter become members of the said society, in virtue of this Act, shall be and they are hereby constituted a body politic and corporate, in fact and in name, under the name of La Caisse d'Epargnes de la Section St. Joseph de la Société de Tempérance de Montréal, and by that name shall have power, from time to time, and at any time hereafter, to purchase, acquire, possess, hold, exchange, accept Real property and receive for themselves and their successors, all lands, tenements and hereditaments, and all real or immoveable estate, being and situate in Lower Canada, necessary for the actual use and occupation of the said corporation, and the said property to hypothecate, sell, alienate and dispose of and to acquire other instead thereof, for the same purposes, so as the yearly value of such property does not at any time exceed two thousand dollars; and any majority of the said corporation, for the time being, shall have full power and authority to make and establish such rules, regulations and by-laws in no respect inconsistent with this Act, nor with the laws then in force in Lower Canada, as they may deem expedient and necessary for the interest of the said corporation, and for the admission of members thereof, and the same as also such by-laws and regu lations of the institution as may be in force at the passing of this Act, to amend or repeal from time to time, in whole or in part.

By-laws.

To what purposes only the applied.

2. Provided always that the rents, revenues and profits funds shall be arising out of every description of property belonging to the said corporation, shall be appropriated and employed exclu sively for the benefit of the members of the said Corporation, and for the erection and repair of the buildings necessary for

the

the purposes of the said corporation, and for the payment of expenses legitimately incurred in carrying out any of the objects above referred to.

3. The affairs and business of the said corporation shall be committee of managed by a committee of management composed of the management. officers of the said corporation, consisting of a President, two Vice-Presidents, a Secretary and Assistant Secretary, a Treasurer, a Collecting Treasurer and Assistant Collecting Treasurer, a Chaplain, a Physician, and two Commissaires Ordonnateurs, five of whom shall constitute a quorum for the trans- Quorum. action of business.

4. All real and personal estate at present the property of Transfer of the Association, or which may be hereafter acquired by the property and liabilities to the members, in their capacity as such, by purchase, donation or Corporation otherwise, and all debts, claims and rights which they may be possessed of in such capacity, shall be and they are hereby transferred to the corporation constituted by this Act, and the said corporation shall be charged with all the liabilities and obligations of the said association; and the rules, regulations, Present rules, and By-laws, now or hereafter to be established for the manage- &c., continued ment of the said association, shall be and continue to be the rules, regulations, and By-laws of the said corporation, until altered or repealed in the manner prescribed by this Act.

until altered.

5. No person otherwise competent to be a witness in any Witnesses in suit, action or prosecution in which the said corporation may suits. be a party or interested, shall be deemed incompetent to be such witness, by reason of his being or having been a member or officer of the said corporation or association.

able.

6. All subscriptions of members due to the corporation Subscriptions under any By-law, all penalties incurred under any By-law, how recoverby any person bound thereby, and all other sums of money due to the corporation shall be paid to the Treasurer thereof, and in default of payment, may be recovered in any action brought by him in the name of the corporation in any court of competent civil jurisdiction; provided always, that nothing herein con- Proviso: a tained shall prevent any member from withdrawing from the member may said corporation at any time, after payment of all arrears due paying up. to the said corporation by him, and after having given written notice of his intention to withdraw from the corporation, to the Secretary.

withdraw after

7. In the event of the withdrawal or expulsion of any Effect of withmember from the corporation, such member shall forfeit thereby drawal. all rights and benefits theretofore enjoyed by him as such, and all payments of subscriptions made by him shall become the property of the corporation.

Returns to Government.

Public Act.

Preamble.

How the amal

gamation shall its legal effect.

be effected and

8. The corporation shall, at all times, when thereunto required by the Governor, or by either branch of the Legislature, make a full return of their property, and of their receipts and expenditure, for such period and with such details and information as the Governor or either branch of the Legislature may require.

An Act to authorize the amalgamation of the Western Counties Permanent Building and Savings Society, with the Huron and Erie Savings and Loan Society.

W1

[Assented to 15th August, 1866.]

HEREAS the Western Counties Permanent Building and Savings Society have petitioned for an Act to authorize the amalgamation of the said Society with the Huron and Erie Savings and Loan Society, and it is advisable to grant such powers to the said Society: Therefore, Her Majesty, by and with the advice and consent of the Legislative Council and Assembly of Canada, enacts as follows:

1. Upon execution by the President and Treasurer for the time being of the Western Counties Permanent Building and Savings Society, and by the President and Treasurer for the time being of the Huron and Erie Savings and Loan Society, of a declaration to the effect that it is their intention that an amalgamation of their two Societies shall thereupon take place, and upon such declaration being filed in the office of the Clerk of the Peace for the County of Middlesex (for which the said Clerk shall be entitled to receive the sum of fifty cents), the Western Counties Permanent Building and Savings Society shall forthwith be amalgamated with, and shall merge in the Huron and Erie Savings and Loan Society, and all the real and personal estate, property, assets and effects, and all titles, securities, instruments and evidences, and all rights and claims of, or belonging to the Western Counties Permanent Building and Savings Society, shall vest in the Huron and Erie Savings and Loan Society, and shall thenceforward, for all purposes of bringing or defending actions or suits, civil or criminal, and for all other purposes whatsoever, be deemed to be and shall be stated to be the property of the President and Treasurer of the Huron and Erie Savings and Loan Society, or of the President and Treasurer of the said Permanent Building Society, as the case may be, for the use of such Society so amalgamating with the Western Counties Permanent Building and Savings Society under the provisions of this Act, in the same manner and to the same extent to which the property now of any such Society is stated, deemed and taken to be the property of its President and Treasurer, and the Huron and Erie Savings and Loan Society, shall

have the same, and such powers, rights and privileges in relation to the said property of all descriptions as the Western Counties Permanent Building and Savings Society now has, or shall have at the time of such amalgamation; but no suit, action or prosecution being carried on, or power being exercised in the names of the President and Treasurer of the Western Counties Permanent Building and Savings Society shall be discontinued, or abated by or on account of such amalgamation, but shall continue in their names, and the Huron and Erie Savings and Loan Society, shall have the same rights and liabilities, and shall pay or receive like costs, as if the action, suit or prosecution had been commenced, or been defended in the names of the President and Treasurer of the Huron and Erie Savings and Loan Society, for the benefit, or to be satisfied out of the Huron and Erie Savings and Loan Society.

accumulating

Building and

2. The holders of what are known as accumulating shares, As to holders of being shares subscribed for investment but not yet matured, or shares in the paid up in full, in the Western Counties Permanent Building Western Counand Savings Society, shall upon such amalgamation be and ties Permanent become shareholders of a like degree in the Huron and Erie Savings SoSavings and Loan Society as fully and effectually to all intents ciety. and purposes as if they had originally subscribed for their stock in the Huron and Erie Savings and Loan Society instead of the Western Counties Permanent Building and Savings Society, and shall in all things be subject to the same rules and entitled to the same rights and privileges as the original shareholders of the Huron and Erie Savings and Loan Society; provided, however, that such shares shall not be credited with or receive any of the profits of the Huron and Erie Savings and Loan Society made anterior to the amalgamation, and shall be and remain credited with such sum as they shall, at the date of the amalgamation, be credited with as profits in the books of the Western Counties Permanent Building and Savings Society.

3. The creditors of the Western Counties Permanent Build- As to creditors

ciety.

ing and Savings Society shall upon such amalgamation be and of the said Sobecome to all intents and purposes creditors of the Huron and Erie Savings and Loan Society, and shall have and be entitled to the same rights and privileges as creditors of the Huron and Erie Savings and Loan Society, as they previously had been and were entitled to as creditors of the Western Counties Permanent Building and Savings Society.

vested shares

4. The shares known as permanent or invested shares in the As to permabooks of the Western Counties Permanent Building and Savings nent and inSociety shall, upon such amalgamation, be and become invested in the said shares and fixed or permanent capital in the Huron and Erie Society. Savings and Loan Society, in the same manner and under the sames rules as if the same had originally been subscribed in the Huron and Erie Savings and Loan Society and had become such invested shares or fixed permanent capital therein on the

day