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CAPITAL, £25,000, DIVIDED INTO 1,250 SHARES OF £20 EACH, WITH POWER TO R\ISE A FURTHER CAPITAL OF £25,000. ^ -*V>»^,'\^wN -V- •N.A. -"^ TRESIDENT : F. A. HARPER, Esq. directors: James Morton, John A. Macdonald, Robert S. Atcheson. Charles Stuart, John Counter. *''"*«°^» ACTING SECRETARY: ONTARIO STEVENS, Esq. KINGSTON, CANADA: rRLMED AT THE CHRONICLE & GAZETTE OFFICE. 1844. 2) ^-^."^ \<5 JUN 18 1935 W-"" '"' • PROSPECTUS OF THE KIJVGSTOJV MIJVERJIL WELLS COMPAJVY, ^ MR. JAMES MORTON, who has long been known m the vicinity of Kingston from tlie extensive Brewery and Distillery suc- cessfully conducted by liim for many years on the shore of Lake Ontario, near Alwington House, the residence of His Excellency the Governor General,— discovered in the course of last year in boring for water for the purposes of his distillery, a Mineral Sprino-, the efficacy of which, in the cure of various complaints and chronTc diseases, has been tested by a large portion of the residents in Kingston and by numerous strangers, who for several months past have been attracted to the town by^the deserved reputation of this water. On ascertaining the medicinal properties of the water, Mr. Morton erected baths and prepared other accommodations for the convenience of the public; but the haste in which they were put up rendered it impossible that they should be so extensive and perfect as the public spirited proprietor desired. Imperfect, however, as they have been, compared with the luxurious and costly arrangements of the lono- es- tablished and prosperous watering places of Europe and the United States, the baths have proved the source of immense benefit to hundreds who have resorted to them since their erection, from all parts of Cana- da and the United States. Mineral Water Baths are a luxury not to be obtained elsewhere in Canada except at the Caledonia Springs. With the view of rendering the discovery of this Mineral water, beneficial to a much greater number of invalids than could be provided with accommodation by any reasonable outlay of capital by a single in- dividual, and of making it conduce in an eminent degree to the advan- tage of the Town of Kingston, Mr. Morton was solicited by several gentlennen interested in the prosperity of the District, to associate him- self with them for the purpose of forming a Company to be incorporated by an Act of the Provincial Legislature and empowered to raise a capi- tal adequate to the erection of baths and other accommodations, which from their convenience, comfort, and extent, might rival the splendor and luxury of the baths of the most celebrated watering places in the United States or Europe. / I ;i I During the last Session of Parliament an Act was passed Incor- porating a Company called " The Kingston MineralWells Company," w ith a capital of £25,000 divided into 1,250 shares of £20 each, with power to raise, if necersary, a furtlier capital. There are two wells. The first is near the edge of the Lake, and was constructed last year by boring through a depth of 145 feet to the primitive rock, The other is higher up the bank and at no great dis- tance from the road leading to the residence of the Governor General. The waters of both springs have been analyzed by Professor William- son of Queen^s College, whose high attainments as a Chemist and a Scholar, it is unnecessary here to eulogize. The water of the first Well, the Professor pronounces afler a careful and laborious analysis to be of the same class and the same component parts as those of Cheltenham and Leamington in England. It also re- sembles Harrowgate in its saline nature and strength but is not impreg- nated so extensively with common salt. It resembles Airthrey water in Scotland in the quantity of chloride of calcium but it is distinguished from it by the absence in the latter of the sulphate of soda. The water of the second Well was found by boring, at about 85 feet from the surface. It is much stronger than any other Mineral Water with which Professor Williamson is acquainted. Bromine, as well as Iodine, is present, as was found on passing a stream of chlorine through a large portion of the water concentrated to a small qn?.ntity and filtered. The analysis of the water of both Wells, by Professor Williamson, is subjoined. The medicinal properties of the water have been investigated and ascertained by numerous Medical Practitioners, who have resorted to the Wells, either as invalids, or for the purpose of making themselves acquainted with the nature of a discovery so 'nteresting and important to their art. But it may be sufficient here to state the substance of the evidence of Dr. Duniop, given before a Committee of the Legisla- tive Assembly, appointed to inquire into and report upon the Petition of the applicants for the proposed Act of Incorporation, as the service of Dr, Duniop, as an Army Surgeon, in every part of the world and in every climate, and his acquaintance with the most celebrated waters of the Old World intitle him to speak with confidence of the comparative efficacy of this water, whilst the eminent position long enjoyed by him 5sed Incor- Company," £20 each, i Lake, and » feet to the ) great dis- ar General, r William- jmist and a er a careful component It also re- not impreg- threy water istinguished \t about 85 ler Mineral 3romine, as of chlorine all qn?.ntity Williamson, ;tigated and resorted to themselves d important ubstance of he Legisla- te Petition the service orld and in d waters of omparative /ed bv him umong scientific and literary men, cannot but give such woiglit to his testimony as to render it unnecessary to extend this Prospectus by the addition of other medical certificates which have been given oi" the curative properties of the water. Dr. Dunlop's evidence before tlie Committee was in substance as follows : " I have examined the Kingston Mineral Waters and personally tried them, though I have not analyzed them ; the result is that I con- sider the water of the Lower Well as more powerful than the Clieltcn- ham waters and containing nearly the same ingredients, though in greater proportionate quantity. " It has a specific effect on the liver and biliary secretions, and I would therefore recommend its use externally and internally to all persons labouring under chronic disorganization of the viscera, from residence in a hot climate or any other cause, and particularly to per- sons coming from the East or West Indies or the Southern States of America." T'^at the undertaking will yield a liberal return upon the capital embarked in it, there can be no question. During the past summer, Mr. Bone, the present lessee of the Wells, was compelled constantly and almost daily to refuse numerous applications from persons desir- ous of using the waters, but whose state of health required them to be lodged in the same building in which the baths are erected, whilst no less than seven hundred persons have daily been supplied with water, since May last. The profits accruing from the baths and the waters thus daily dis- pensed in the Saloon,would be amply sufficient to defray the expenses of the establishment, and to yield a handsome interest on the sum requisite for its improvement and extension. But the income of tlie Company would be greatly increased from other sources. The situation of the Wells on the shore of Lake Ontario, commanding extensive views of the surrounding scenery is such as to render it highly attractive to the stranger, and as it is part of the design of the Company to erect a spacious Hotel, and to lay out the grounds about the Wells in the most ornamental manner, and to provide every kind of amusement that is likely to render a sojourn at the Wells agreeable, it may reasonably be anticipated that a very considerable portion of the summer travellers from the United States and Europe, who have hitherto passed down I I 6 the Lake, and the St. Lawrence to Montreal, without stopping at Kine- ston, will bG tempted to make a visit to " The Kingston Mineral Wells a prominent object of their journev, and thus by adding to the revenues of the Company, insure the means both of paying a handsome dividend and carrying still further the « Kingston Mineral Wells Company's" proposed improvements. Persons desirous of contributing to the proposed undertaking, and of taking shares in the Company, will find subscription lists in the Offue o\ the Sheriff of the Midland District; also in the Office of Charles ^UART, Esquire, Barrister at Law ; and at the Kingston Mineral >yELLs Saloon and Baths, near the Government House. d I.JJJ ajUMLJI g at King- Mineral i'mg to the handsome L Wells ng, and of the Office Charles Mineral 1 ANALYSIS OF THE UPPER WELL. Specirc Gravity, L04Sf, IN an imperial pint. Orains. Carbonate of Lime, 3.2631 Carbonate of Magnesia, e U.2653 Sulphate of Lime, 3.4716 Chloride of Sodium, 261.3108 Sulphate of Magnesia, 4.3093 Chloride of Calcium, 1 12.8026 Chloride of Magnesium, o0.8475 Iodine and Bromine, (Traces.) 457,2700 Gases, C'lrbonic Acid Gas. i ANALYSIS OF THE LOWER WELL. Specific gravity, 1.010 IN AN imperial PINT. Chrains. Chloride of Sodium, » 46.64 Sulphate of Soda, 21.36 Chloride of Calcium, 35.09 Chloride of Magnesium, , 15.43 117.52 Gases, Carbonic Acid Gar and a trace "of Sulphur- etted Hydrogen. KINGSTON, Upper Canada, January, 1844. ! i li s An ■ the ince asce chrc woi mod pers rate RA to c puri aftei by « the: asse the: and "Ci by Ch^ Ma< Bod sors, froii i^smtumik Si'ATUTE OF THE PROVINCE OF CANADA. CAP, LXIV. An Act to Incorporate the Kingston Mineral Wells Company. December 9, 1843. Whereas certain Mineral Waters have lately been discovered in Preamble, the neighbourhood of Kingston, in the Midland District of this Prov- ince, and the medicinal properties of such waters have been satisfactorily ascertained, and their efficacy in the cure of various complaints and chronic diseases has been fully proved ; and whereas great benefit would arise to the public from the erection of Baths and other accom- modations for persons desirous of using the said waters, and the several persons hert;nafter named are desirous of being formed into an Incorpo- rated Joint Stock Company, to be called THE KINGSTON MIME- RAL WELLS COMPANY, with powers to raise the capital, and to do such other acts as are necessary for accom.plishing the above purpose and the several other objects connected therewhh aid herein- after stated : Be it enacted by the Quee/i's Most Lxcellenl Majesty, proprietors by and with the advice and consent of the Legislative Council and of Incorporated the Legislative Assembly of the Province of Canada, constituted and assembled by virtue of, and under the authority of an Act, passed in the Parliament of tho United Kingdom of Great Britain and Ireland, and intituled, " An Act to re-unite the Provinces of Upper and Lower " Canada, and for the Government of Canada" and it is hereby enacted by the authority aforesaid, that James Morton, James Bone, Charles Stuart, John Counter, Robert S. Atcheson, James Macfarlane, and all and every such person and persons, Body or Bodies, Politic, Corporate or Collegiate, and their respective succes- sors, executors, administrators and assigns, or such of them as shall from time to time be possessed of any share or shares in the Undertaking R ( ' 10 hereby authorized to bo carried on, shall bo united into a Company according to the powers and authorities hereinafter set forth or referred to, and shall be one Body Politic and Corporate by the name of " THE KINGSTON MINERAL WELLS COMPANY," and by that name shall have perpetual succession and a Common Seal, with power to break and alter such Seal, and by that name shall sue and be sued, plead and be impleaded, in all Courts, whetlier of Law or Equity, in this Province. II. And be it enacted. That the said Company shall be and they are hereby authorized and empowered to lay out and invest their capital, in the first place, in paying and discharging all costs, charges and expenses incurred in applying for and obtaining this Act, and all other expenses preparatory or relating thereto, and the remainder of such capital, or so much thereof as may from time to time be deemed neces- sary V. the manner and for the purposes hepeinafter mentioned, that is to say, in the erecting, fitting up, furnishing, maintaining and carrying on public and private Baths, and other conveniences connected with the use of the Mineral Waters now or at any time belonging to the said Coinpany, and also in the erection and fiuing up of houses and other buildings for the reception, accommodation and entertainment of invali.^s, and any other persons resorting to the said Mineral Wells ; and also in the doing, purchasing or providing whatsoever in the opinion of the Directors of the said Company, for the time being, sliall be re- quisite or exj^edient for the interests of the said Company" III. And be it enacted, That it shall be lawf ..I for the said Company to acquire by purchase, lease, mortgage or otherwise, and to hold either absolutely or conditionally, the property, lands and hereditaments belonging to James Morton, in the County of Frontenac, in the Mid- land District of the said Province, or any part or parts thereof whereon the said Mineral Waters have been discovered, and to lay out and apply the capital and other property, for the time being, of the Com- pany, or any monies raised by the Company in acquiring by purchase, lease, mortgage or other vvise, such property, lands and hereditaments, or any part or parts thereof: and that it shall also be lawful for the Company, and they are hereby empowered to acquire hy purchase, mortgage or otherwise, and to hold either absolutely or conditionally, any other property, lands and hereditaments in the said County of Frontenac, in the Midlar/i District, in this Province, and to lay out and apply the capital and other property, for the tin\e being, of the Company, or any monies raised by the Company, in acquiring by purchase, mortgage or otherwise, such property, 'land and heredita- ments in the said Province : Provided always, that the property, lands and hereditaments hereby authorized to be acquired and held by the said Company shall not exceed one thousand acres. ^BiSj iWiH imwnm, ummM - nrmr 11 to a Company rth or referred me of " THE 1 by that name 3ower to break , plead and be this Province. 3 and they are their capital, charges and and all other inder of such leemed neces- ioned, that is ; and carrying nnected witb jnging to the f houses and ^ertainment of ncral Wells ; in the opinion , sliall be re^ aid Company and to hold lereditaments in the Mid- re of whereon lay out and of the Com- by purchase, Dreditaments, wful for the hy purchase, conditionally, d County of 1 to lay out being, of the acquiring by nd heredita- )perty, lands d bv the said IV. And be it enacted, That it shall be law M for the Company, P^w^^ to from time to time, to deal with and dispose of all lands acquired ana;«^^«'^"'^''«" nossessed, or held in trust, for the Company, or contracted for, or to Which the said Company shall be entitled, or of any part thereoi, by sale exchange, mortgage, lease, or other disposition thereof, which they may deem most conducive to the promoting the objects and advan- tao-e of the Company; and the Company shall be, and they are hereby authorized and empowered to lay out and invest their capital and property, for the time being, or any monies to be raised by them in so dealing and disposing of their lands. Y. And be it enacted. That the capital of the said Company shall be C^tdanfl Twentv-five Thousand Pounds, and shall be divided into One Thousand ^^^^^ two Hundred and Fifty shares, each of the amount of twenty pounds; and such shares shall be numbered in arithmetical progression, beginning with number one, and be respectively distinguished by the numbers affixed to them. VI. And be it enacted. That all shares in the Undertaking shall be Jhar^j^ personal estate, and transmissible as such, and shall not be of the nature gatate. or ff*ni pslfito VII. And be it enacted, That the Company shall keep a book, to ^gistr^^^^ be called the « Register Book of Shareholders," and in such book shall ^^^^ be fairly and distinctly entered, from time to time, the names of the several corporations, and the names and additions of the several persons, beino- Shareholders of the Company, the number of shares to which such° Shareholders shall be respectively entitled, distinguishing each share by its number, and the amount of the subscriptions paid on such shares ; and such book shall be authenticated l>y the common Seal of the Company being affixed thereto. VIII. And be it enacted. That in addition to the said register of ^Addresses Shareholders, the Company shall provide a proper book, to be called ^^^^ " The Shareholders' Address Book," in which the Secretary shall, from time to time, enter the places of abode of the several Shareholders of the Company ; and every Shareholder, or if such Shareholder be a corporation, the clerk or agent of such corporation may, at all conve- nient times, peruse such book gratis, and may require a copy tliereof, or of any part thereof ; and for every hundred words so required to be copied, 'the Secretary may demand a sum not exceedieg sixpence. IX. And lie it enacted. That on demand of the holder of any share. Certificates the Compai'v shall cause a certificate of the proprietorship of such share o» to be deliviM' d to such Shareholder, and such certificate shall have the common S(Mi of the Company affixed thereto, and such certificate shall specif V ;he share or number of shares in the Undertaking to which 12 such Shareholder is entitled, and the same may be according to the form in the Schedule A to this Act annexed, or to the like eflfect ; and for such certificate the Secretary may demand any sum not exceedino- two shillings and sixpence. ' ° Certificate X. And be it enacted. That such certificate shall be admitted in all dence! ^'" Courts as prima facie evidence of the title of such Shareholder, his executors, admmistrators, successors, or assigns to the share therein specified ; nevertheless, the want of such certificate shall not prevent the holder of any share from disposing thereof. Certificate XI. And be it enacted, That if any such certificate be worn out or edwhen de."i^.""^=*^'^' *'^*^"' "P°" the same being produced at some meeting of the Btroyed.' Directors, such Directors may order the same to be cancelled and thereupon another similar certificate shall be given to the party in whom the property of such certificate, and of the share therein mentioned shall be at the time vested; or if such certificate be lost or destroyed ' then, upon proof thereof, a similar certificate shall be given to the party entitled to the certificate so lost or destroyed, and in either case a due entry of the substituted certificate shall be made by the Secretary in the Register of Shareholders ; and for every certificate so given or ex- changed, the Secretary may demand any sum not exceedino- two shillino-g and sixpence. ' ° ^ of IhTef [L -^^h "^"'^ ^o/* emcted, That subject to the regulations herein con- be RegTsier- *^;"^^' ^l^'y Shareholder may sell and transfer his shares, or any part ed. ot them, by deed, in which the consideration shall be truly stated, and such deed may be according to the form in the Schedule B to this Act annexed, or to the like efiect ; and the same (when duly executed) shall be delivered to the Secretary and be kept by him, and the Secre- tary shall enter a memorial thereof in a book to be called " The Register of Transfers," and shall endorse such entry on the deed of transfer, and for every such entry and endorsement the Secretary may deniand any sum not exceeding five shillings; and on the request and at the option of the purchaser of any share, a new certificate shall be granted in the manner afore-mentioned, and an endorsement of such transfer shall be made on the certificate of such share and new certificate and for such indorsement the Secretary may demand any sum not ex- ceeding five shillings, and such indorsement being signed by the Se- cretary, shall be considered in every respect the same as a new certifi- cate; and until such transfer shall have been so delivered to the Secretary as aforesaid, the seller of such share shall remain liable for all future calls, and the purchaser of the share shall not be entitled to receive any share of the profits of the said undertaking, or to vote in respect of such share. * r "riBUl i IS wording to the ke effect ; and not exceeding admitted in all lareholder, his share therein ill not prevent worn out or leeting of the •ancelled, and )artj in whom in mentioned, t or destroyed, 3n to the party ir case a due jcretary in the given or ex- »• two shillings IS herein con- 5, Of any part ly stated, and B to this Act ily executed) id the Secre- called "The the deed of ecretary may request and icate shall be nent of such ;w certificate, ' sum not cx- li by the Se- i new certifi- he Secretary for all future d to receive in respect of XIII. And be it enacted, That no Shareholder shall be entitled t<>^'^*^^'^^J'^°g transfer any share until he shall have paid all calls, for the time being, °^J^ ^"^5/ due on every share held by him. piiid. XIV. And be it enacted. That the Directors may close the Register closing of of Transfers for a period not exceeding fourteen days previous to each ^^^^^^ ordinary meeting, and may fix a day for the closing of the same, of which seven days' notice shall be given by advertisement in some newspaper as after-mentioned ; and any transfer made during the time when the books are so closed, shall, as between the Company and the party claiming under the same, but not otherwise, be considered as made subsequently to such ordinary meeting. XV. And with respect to the registration of shares, the interest in Transmis- which may become transmitted in consequence of the death, or bank- «>o»™J^^ ruptcy, or insolvency of any Shareholder, or in consequence of the ^eans than marriage of a female Shareholder, or by any other legal means than by atrarwfer^^to transfer according to tho provisions of this Act: Be it enacted, That^J^^^^" ^^ " no person claiming by virtue of any such transmission, shall be entitled declaraUon. to receive any share of the profits of the said undertaking, nor to vote in respect of any such share as the holder thereof, until such transniis- sion have been authenticated by a declaration in writing as hereinafter mentioned, or in such other manner as the Directors shall require ; and every such declaration shall state the manner in which, and the party to whom such share shall have been so transmitted, and shall be made and signed by some credible person before a Justice, or before a Master or Master Extraordinary in the Court of Chancery, and such declaration shall be left with the Secretary, and thereupon he shall enter the name of the person entitled under such transmission in the Register-book of Shareholders of the Company, whereby such person shall be and be- come a Shareholder in the said undertaking ; and for every such entry the Secretary may demand any sum not exceeding five shillings. XVI. And be it enacted. That if such transmission be by virtue of Proof of the marriage of a fe.nale Shareholder, the said declaration shall contain {.'y^j^f^'JJJ^e" a copy of the register of such marriage, and shall declare the identity ^01, &c. ' of the wife with the holder of such share; and if such transmission have taken place by virtue of any testamentary instrument, or by intestacy, the probate of the will, or letters of administration, or an official extract therefrom, shall, together with such declaration, be produced to the Secretary ; and upon such production in either of the cases aforesaid, the Secretary shall make an entry of the declaration in the said register of transfers. XVII. And be it enacted, That with respect tc any share to which .^N°^;^«p»^j^ several persons may be jointly entitled, all notices directed to be given torsofsharea I ;i..:.< 14 to the SItf reholders shall be given to sucli of the said persons whose name shall stand first in the register of Shareholders, and notice so given shall be sufficient notice to all the proprietors of such share, unless any such joint proprietor shall, by writing under his hand, request such notice to be given to any other or all such joint proprietors. mon^^paj-cu-^^,"?; ^1^ ^^ '^ ^"^^*'^' ^^'^^ '^ '^^"3^ "^^^^^ ^^ V^Y^^^^ to any able to mi- Shareholder, being a minor, idiot, or lunatic, tlie receipt of the guardian nors, &c. of such minor, or the receipt of the committee of such idiot or^Iunatic, shall be a sufficient discharge to the Company for the same. not^3"to ^^\ ^"^ ^^}^ enacted. That the Company shall not be bound to regard truBtsSpe to the execution of any trusu whether express, implied, or construc- tive, to which any of the said sliares may be subject, and the receipt of the party in whose name any such share sliall stand in the books of the Company, shall from time to time be a sufficient discharge to the Com- pany for any dividend or other sum of money payable in respect of such share ; notwithstanding any trust to which such share may then be subject, and whether or not the Company have had notice of such trust ; and the Company shall not be bound to see to the application of the money paid upon such receipt. Power to XX. And be it enacted ^ That from time to time the Companv may make calls, make such calls of money upon the respective Shareholders in respect of (he amount of capital respectively subscribed or owing by them as they shall think fit, provided that thirty days' notice at the least be given of each call, and that no call exceed the amount of five pounds per share, and that successive calls be made at not less than the interval of three months, and that the aggregate amount of calls made in anyone year do not exceed the amount of tweive pounds ten shillings per share, and every Shareholder shall be liable to pay the amount of the calls so made m respect of the shares held by him, to the persons and at the times and places from time to time appointed by the Company. Interest on XXI. And be it enacted. That if before, or on the day appointed for calls unpaid, payment, any Shareholder do not pay the amount of any call to which he may be liable, then such Shareholder shall be liable to pay interest for the same, at the rate of six pounds per centum per annum, from the day appointed for the payment thereof to the time of the actual payment. ^sXcrin"^ ■^•^"; ^^^ ^^ '* enacted, That the Company may, if thev think fit, Uons before ^®^®^^® ^^"^^ ^^Y ^f the Shareholders willing to advance the same, all or any part of the monies due upon their respective shares beyond the sums actually called for ; and upon the principal monies so paid in advance, or so much thereof as from time to time shall exceed the amount of the calls made upon the shares in respect of which such advance shall have been made, the Company may pay interest at such call. 15 persons whose and notice so h share, unless 1, request sucb I ayable to any )f the guard iau liot or lunatic, le. t be bound to i, or construc- the receipt of 3 books of the ;e to tlie Com- cspect of such may then be of such trust ; ication of the Company may s in respect of them as they It be given of ids per share, srval of three y one year do r share, and calls so made the times and appointed for ;all to which pay interest um, from the ual payment. hey think fit, he same, all beyond the 5 so paid in exceed the which such 3rest at such rate, not exceeding six pounds per centum per annum, as the Share- holder paving such sum in advance and the Company shall agree upon. XXIII. And be it enacted, That if at the time appointed by the Enforce- Company for the payment of any call, tlie holder of any share fail to J'*'"' °f *^»"'' pay the amount of such call, the Company may sue such Shareholder ^ ^^ *°"* for the amount thereof in any court of law or equity having competent jurisdiction, and may recover the same with interest, at the rate of six pounds per centum [)er annum, from tlie day on which such call may have been made payable. XXIV. And be it enacted, That in any action to be brought by the Declaration Company against any Shareholder to recover any money due for any J,"^jj^*^^°" ^°'' call, it shall not be necessary to set forth, the special matter, but it shall be sufficient for the Conij^any to declare that tlic defendant is a holder of one share or more in the Company (stating the number of shares), and is indebted to the Company in the sum of money to which the calls in arrcar shall amount in res[)ect of one call or more upon one share or more (stating the number and amount of each of such calls), whereby an action hath accrued to the Company by virtue of this Act. XXV. And be it enacted, That on the trial of such action it shall be Matter to sufficient to prove that the defendant, at the time of making such call,*5e proved in was a holder of one share or more in the Company, and that such callgj[j°" ^^ was in fact made, and such notice thereof given, as is directed by this Act ; and it shall not be necessary lo prove the appointment of the Du'ectors who made such call, nor any other matter whatsoever ; and thereupon the Company shall bo entitled to recov^er what shall be due upon such call, with interest thereon, unless it shell appear either that any such call exceeds the amount of five pounds per sJiare, or that due notice of such call was not given, or that tlie interval of three months between two successive calls had not elapsed, or that calls amounting to more than the sum of twelve pounds ten shillings in one year had been made. XXVI. And be it enacted. That the production of the Register- Proof of Pro- Book of Shareholders of the Company shall be prima facie evidence of P"ctorship. such defendant being a Shareholder, and of the number and amount of his shares, and of the suras paid in respect thereof. XXVII. And be it enacted. That if the holders of any share fail to Forfeiture pay a call payable by him in respect thereof, together with the interest, ^^^^^l^y^^ if any, that shall have accrued thereon, the Directors, at any time after mentof calls, the expiration of one month from the day appointed for payment of such call, may declare such share forfeited, and that whether the Company have sued for the amount of such call or not. 16 Notice of meeting. forfeiVu-re tofei^^Thi n"^"'! ^ jt enacted, That before declaring any share for~ be given be. '^'^^V' i ^l^^^^^^^s shall cause notice of such intention to be left at the fore declara- usual or last known place of abode of the person appearing by the Re- uon thereof gister-Book of Proprietors to be the Proprietor of such shafe ; Cif the fhTf^ nf T^'^^'l'^r^^"^'""''^^''^^ interest in any such share shall be known by the Directors t;o have become trasmitted other- wise than by transfer as hereinbefore mentioned, but a declaration of such transmission shall not have been registered as aforesaid, and so i'^ll n f K i Pf ''^It^A'^hom the same may have been transmitted shall not be known to the Directors, the Directors shall give public notice of such intention in the Canada Gazette, and also by advertise- ment in a newspaper as hereinafter provided, and the several notices aforesaid shall be given twenty-one days at least before the Directors shall make such declaration of forfeiture. to^^bftr^oS^^^^ ^^t'''''''^ declaration of forfeiture shall firmed by a ^^^ '^'^^ f ^^^t SO as to authorize the sale or other disposition of any share general Until such declaration have been confirmed at some general meeting of the Company, to be held after the expiration of two months at the least rom the day on which such notice of intention to make such declaration ot to. feiture shall have been given, and it shall be lawful for the Com- pany to confirm such forfeiture at any such meeting, or at any subse- quent general meeting, to direct the share so forfeited to be sold or r-f'rr°''%^LlT7 rTfl''^' and after such confirmation the Directors may fextedahares sell the forfeited share either by public auction or private contract, and f there be more than one such forfeited share, then either separately or together, or m lots, as to them shall seem fit. ^ ^ t^^tS: or fe^t ofl^r' '"'''''^' ?'' "" ^^--^-^-^^on in writing by an officer of shares. ?^ T^^" ,^^^^^ Company, or by some credible person (not interested m the matter) made before any Justice, or before any Master or Master Extraordinary in the Court of Chancery, that the call in respect of a oHhl'^'ll 'T^""^r/'^'r^^^^^"> ^"^^ that default in payment of he call was made, and that the forfeiture of the share was declared d^irr ir. '? Ti'""""' hc'-einbefore required, shall be sufficient evi- of ThP w'/'''%'l'T ''''''^ ' r'^ ^"^^ declaration, and the receipt of the Secretary of the Company for the price of such share, shall con- stitute a good title to sucli share, and thereupon such purchaser shall be n W r^'^T ' '"'^ ' ""'^'^^'•'^t^ «^ proprietorship shall be de- ivered to such purchaser, upon his signing the undertaking to hold the sa d shares so purchased to him as aforesaid, subject to the provisions of this Act, and he shall not be bound to see to the application of the purchase money nor shall his title to such share be affected by any irregularity m the proceedings in reference to any such sale. ^ n ,. 17 ; any share for- 1 to be left at the ring by the Re- share; and if the 3st in any such trasmitted other- a declaration of oresaid, and so been transmitted all give public by advertise- several notices 3 the Directors f forfeiture shall ion of any share leral meeting of | iths at the least iuch declaration ul for the Com- • at any subse- 1 to be sold or Directors may 3 contract, and r separately or ng by an officer [not interested aster or Master 1 respect of a ult in payment was declared sufficient evi- nd the receipt are, shall con- chaser shall be ill calls made p shall be de- ng to hold the ) provisions of ication of the beted by any le. XXXI. And be it enacted, That the Company shall not sell or trans- No more fer more of the shares of any such defaulter than will be sufficient as g'^j^JJj^jj^yf^ nearly as can be ascertained at the time of such sale, to pay the arrears ^g^ient" for" then due from such defaulter on account of any calls, together with payment of interest, and the expenses attending such sale and declaration of forfei- ^°^^^' ture ; and if the money produced by the sale of any such forfeited share be more than sufficient to pay all arrears of calls and interest thereon due at the time of such sale, and the expenses attending the declaration of forfeiture and sale thereof, the surplus shall, on demand, be paid to the defaulter, or in default thereof, applied in and towards satisfaction of any calls made thereafter, but prior to such demand being made, as last aforesaid, in respect of the remaining unsold shares of such defaulter. XXXII. And be it enacted. That if payment ofsuch arrears of calls On payment and interest and expenses be made before any share so forfeited 'intl °^^ J^^*^}^ ^^^"_ vested in the Company shall have been sold, such share shall revert to fdted shares the party to whom the same belonged before such forfeiture, in such to revert, manner as if such calls had been duly paid. XXXIII. And be it enacted. That no Shareholder of the Company Extent of shall be liable for or charged with the payment of any debt or demand liability of due from the Company beyond the extent of his share' in the capital of ^'^'"^'^•'°'*^*^'"^ the Company not then paid up. XXXIV. And be it enacted, That if any execution, either at law or Execution in equity, shall have been issued, taken out, or used against the lands, against property or effects of the Company, and if there cannot be found suffi- shareholders cient whereon to.'evysuch execution, then such execution may beQfj.jjpjJJi^"j issued against any of the Shareholders of the Company to the extent paid up. of their shares respectively in the capital of the Company not then paid up : Provided always, that no such execution shall issue against any Shareholder, except upon an order of the Court in which the action, suit, or other proceeding shall have been brought or instituted, made upon motion in open Court after thirty days' notice in writing to the persons sought to be charged ; and upon such motion, such Court may order execution to issue accordingly ; and for the purpose of ascertain- ing the names of the Shareholders and the amount of capital remaining to be paid upon their respective shares, it shall be lawful for any person entitled to any such execution, at all reasonable times, to inspect the Register-Book of Shareholders without fee. XXXV. And be it enacted. That if by means of any such execution Reimburse- any Shareholder shall have paid any sum of money beyona the amount "^^"*- then due from him in respect of calls already made, and for interest thereon, if any, and all costs and expenses in respect thereof, he shall c 'Spifimi 18 furtliwldi 1)0 reimbursetl such additional sum by tlie Directors out of the tiiereto funds of the Company. "^ borroir 'n/- • -^^^^J* /^^^^ ^° ^^ enacted, TJiat in case llie money liereby autho ^orroiv n'o- rized to be raised sliall be found insulliclcnt for tlie purposes of tbe Com pany, it slitdl be hiwful for tlie Company to borrow on mortgage or bond such sums of money as sliall, from time to time, be authorized to be borrowed by an order of a general m.ecting of the Company, not exceed- ing twcnty-five thousand ])ounds; and for securing the re-payment of the money so borrowed, with interest, to mortgage all or any of the lands and hereditaments, or" other projjorty of the Company, 'and the future calls on the Shareholders of the Company, and to give bonds or mortgages in manner hereinafter mentione 1. Re-borrow- XXXVII. And be it enacted. That if after having borrowed any '"S- part of the mone} so authorised to be borrowed on mortgage or bond, the Company pay olfthe same, it shall be lawful for them again to bor- row the amount so paid oif, and so from time to time ; but such power of re-borrowing shall not be exercised without the authority of a general meeting of tlic Company, 'nnless the money be so re-boi'rowed in order to pay oll'anv existing mortgage or bond. ' Rights of XXXVIII. And be it enacted, That the respective mortgagees shall Mortgagees, bo entitled, one with another, to their respective portions of the rents, lands and premises comprised in such mortgage, and of the future calls payable by the Sliareholders of the Company, according to the respec- tive sums in such mortgages mentioned to be advanced by such mortga- gees respectively, and to be repaid the siuns so advanced, with interest, without any preference one above another, or above the bond-creditors of the Company, by reason of priority of the date of any such mortgage, or of the meeting at which the same was authorised, or on any other account whatsoever. Rights of XXXIX. And be it enacted. That the respective obligees in such bonds shall proportionally, according to the amount of the monies se- cured thereby, be entitled to be paid out of the property or effects of the Company, and of the future calls i)ayable by the Shareholders of the Company, the respective sums in such bonds mentioned, and thereby intended to be secured, without any preference one above another, or above the mortgagees of the Com])any, by reason of priority of date of any such bond, or of the meeting at which the same was authorised, or otherv/ise howsoever. Registcrof XL. And be it enacted. That a Register of mortgages and bonds and'fionds. ^^'^^^ ^^^ ^^^^^^ ^y ^^^^ Secretary, and within fourteen day shifter the date ' of any such mortgage or bond, an entry or memorial, specifying the number and date of such mortffaoe or bond- and nam.fs nf the partio* Obligees Dv hereby autho oscsofthe Com Qortgagc or bond uthorizcd to be nny, not exceed- J re-payment of 1 or any of the iipany, and the .o give bonds or f borrowed any rtgage or bond, m again to bor- Jiit such power rity of a general rowed in order lortgagccs shall ns of the rents^ tlic future calls , to the rcspec- •V such mortjra- 1, with interest, bond-creditors such mortgag-e, r on any other jligees in such the monies se- ty or effects of shareholders of ed, and thereby 3ve another, or ority of date of authorised, or ges and bonds after the date specifying the 3S of the liar tics 19 octors out of the thereto, with their proper additions, shall be made in such Register ; and such Register may be perused at all reasonable times by any of tho Shareholders^ or by any mortgagee or bond creditor of t!ic undertaking, or by any person interested in any such mortgage or bond, without fee or reward. A:LI. And be it enacted. Thai from time to time, any party entitled J^^^J'J^lf to any such mortgage or bond, may transfer bis right and interest therein ^J 'SL; to any other person by deed, wherein the consideration sliall be truly and Form, stated; and every such transfer may be according to the form in the Schedule E to this Act annexed, or to the like elfect. XLII. And be it enacted. That within thirty days after the date ^^ „ ^^"^fy ^ jj every such transfer, if executed within the Province of Canada, or ^('"^"tgages" otherwise within tliirty days after the arrival tliereof in tlie said Pro- and Bonds. vince, it shall be produced"^to the Secretary, and thereupon the Secretary shall cause an entry or memorial thereof to be made, in the same man- ner as in the case of the original mortgage ; and after such entry, every sucii transfer shall entitle tlio transferee, his executors, administrators or assigns, to the full benetlt of the original mortgage or bond in all respects ; and no party having made such transfer shall have power to make void, release, or discharge the mortgage or bond so transferred or any money thereby secured ; and for such entry the Secretary may demand a sum not exceeding the amount of two shillings and sixpence. XLIII. And be it enacted, That the interest of the money borrowed Payment of upon any such mortgage or bond sliall be payable and paid half yearly, j»tcixst on to the several parties entitled thereto, and in preference to any dividentls °'^"^* payable to the Shareholders of the Company. XLIV. And be it enacted, that t!ic Company may, if they tinnk Repayment proper, tix a period for the repayment of the principal money so hor- J^JJ^JJ^J^ ^^ rowed, with the interest thereof, and in such case the Company shall a Ume fixed, cause such period to be inserted in the mortgage deed or bond, and upon the expiration of such period, tlic principal sum, together with the arrears of interest thereon, shall be paid to the party entitled to such mortgage or bond. XLV. And be it enacted, That if no time be fixed in tho n rtgage Repayment der' -ir bond for the re-payment of the money so borrowed, tl.<' P'^ ty J^^^J°"^Y entitled to the mortgage or bond may, at the expiration, or at any time^hennotime after the inspiration of twelve months from the date of such mortgage or "^"^ ^;V'tj"«^ted, That if at the time of any such augmcn- nc .h^re,'^^\'o?«»^c"apitaltakine:phice by the creation of new shares (lio then to be cwrcrcd existing shares of the Capital Stock of the Company ho at a premium or 2fflr;3 ,l^^^•'^f^^^?^I r^^^ ^^^^ .^'- ""'"•-^' -»»-^ ''^-eof, then' he "um so to be raised shall he divided into shares of such amounts as will conven- lently allow the said sum to he apportioned among tiie tiien Shareholders m proportion to the existin- shares heldhy tiiem resi^ectivcly ; and ^uch new shares shall he offered to the then Shareholders in the proportion of one for every existinir Share held by them respectively; and such offer shall be made by letter, under the hand of the Secretary, triven to or sent by post to each Shareholder, .)r left at his usual or last place of abode ; and such new Sliares shall ve.,t in and belono- to the Slniiehold- ers who shall accept the same and pay the value thereof to the Comi.any at the time, and by « he Instalments which shall be fixed by the Company'- and if any Shareho.der fail for one month after such ollbr of new Shares to accept the same and pay the instalments called for in respect thereof It shall be lawful for the Company to dispose of such Shares to any party willing to become the purchaser thereof, for such sum as the IfnotataV^'''P^">'^^".^^^'^'"^^^^'^^ uS"dtS: leastfive shares in the capital of the Company, and he shall not hdd^. any office in the Company, nor be in any other manner mterested m its concerns, except as a Shareholder. v.,.,,dM LXXXVI. And be it enacted, That if ""y V'x^^'^y 'f V a^ ""^"^ among the Auditors in the course of the «"™"t y«%' ,t„olanv *"'*'"• ™l meeting of the Company the vacancy may, if the Company think at, be supplied by election of the Shareholders. LXXXVII. And be it enacted, That the provision of this Act r^ J«l".^ oectingthe failure of an ordinary meeting at which P»'^<=to'^,.«'« te^^el"' i>«^ S shall apply to any ordinary meeting at which an Auditor is to wr.. '^LXXXVlil. And be it enacted, That i' ^''"tS* f ,t" ve^t A-S.-"' A„^;fnrQ or either of them, to receive from the Directors the yearly a^ccoS anS haTance^et Required tobe presented to the Shareholders, and to examine the same. LXXXIX. And be it enacted. That for '^^''^J^^^^^'^.K^^.'' Auditors may employ such persons as they may think proper, at the ex ^nsfof the Company, and they shall either make a special report on Ae S accounts, orU'ly confirUe same ; and such -P^' .o-^fi^ ation shall be read, together with the report of the Directors, at ine 1 • 4.* "' Xa^And be it .-nacted. That the Directors shall deliver to such_^DeW;j;7_ AiSitors the yearly accounts and balance-sheet fourteen days at the^^eet He. it^t'befor'ethr^Iing ordinary meeting at which the sarne^ are re-^,0,joc.™ quired to be produced to the Shareholders as hereinafter provided. XCI. Provided also, and be it enacted. That it shall be lawful for ^^P^-«^„. the Proprietors of the said Company, at a general or special meeting, 4;^. 30 to remove any Auditor from his office for any cause whatever that shall to such meetmg seem sufficient, and to appoint another Auditor in his stead. toaSTi^i,'^^"* And be it enacted, That at the first ordinary meeting after TreLuret. *^^P^'f'"§«^^his Act, the Company shall elect a Treasurer, and at any subsequent ordmary meeting may remove, from office any such Ireasurer; and if such Treasurer die or resign, or be so removed, another Treasurer shall be elected in his place at an ordinary meetino- ; and from time to time any such meeting may fix the salary or other emoluments to be allowed to such Treasurer, as they may think proper. &ispenBion XCIII. And be it enacted. That the Directors may at any time ofTreasurer. suspend the Treasurer, and may appoint some person temporarily to fill the office of the Treasurer so suspended, or when vacant from any other cause, with such salary as they may think fit ; but in any such case they shall forthwith call an extraordinary meeting of the Company for the purpose of taking into consideration the propriety of removing trom his office any Treasurer so suspended, and of electing a nev? Treasurer as the case may require. be^taSil^*^ u ^^*^-, A"^ ^^ it enacted. That before any person intrusted with • the custody or control of monies, whether Treasurer, Collector, or other officer of the Company, shall enter upon his office, the Directors shall take security from him for the faithful execution of his office. Officers to XCV. And be it enacted. That every officer or person employed by demS °" , Company shall, from time to time, when required by the Directors, make out and deliver to them, or to any person appointed by them for that purpose, a true and perfect account, in writin^^ under his hand, of all monies received by him on behalf of the Company ; and such ac- count shall state how, and to whom, and for what purpose such monies shall have been disposed of; and together with such account such officer shall deliver the vouchers and receipts for such payments ; and every such officer shall pay to the Directors, or to any person appointed by them to receive the same, all monies which shall appear to be owing from him upon the balance of such accounts. reme"dTi? ?^^^' ^nd be it enacted. That if any such officer fail to render gainst offi-®^?"^^^f"."*» 0^ to produce and deliver up all the vouchers and re- cer<5 faiUng ceipts relating to the same, in his possession or power, or to pay the to account, balance thereof when thereunto required, or if for three days after being thereunto required he fail to deliver up to the Directors, or to any person appointed by them to receive the same, all papers and writings, property, effects, matters and things in his possession or power, relat- ing to the execution of this Act, or belonging to the Company, then on complaint thereof being made to a Justice, such Julicu shall, by summons or warrant under his hand, cause such officer to be brought before any two or more Justices ; and upon such officer being so brought before them, or if such officer cannot be found, then in his absence such Justice may hear and determine the matter in a summary way, and may adjust and declare the balance owing to such officer ; and if it annear either upon confession of such officer, or upon evidence, or upon' inspection of the account, that any monies of the Company are in the hands of such officer, or owing by him to the Company, such Jus- tice mav order such officer to pay the same ; and if he fail to pay the amount; it shall be lawful for such Justices to grant a warrant to levy the same by distress, or in default thereof, to commit the offender to eaol, there to remain without bail for a period not exceeding three mon+hs ; and in any of the following cases— that is to say : if any such officer do not appear before the Justices at the time and place appointed for that purpose; or, if such officer appear, but fail to make out such account in writing ; or, if such officer refuse to produce and deliver to the Justices the several vouchers and receipts relating to such account ; Of, if such officer refuse to deliver up any books, papers or writings, property, effects, matters or things in liis possession or power belonging to the Company, such Justices may lawfully commit such offender to gaol ; and in every such case of commitment the prisoner shall remain in custody without bail until he have made out and delivered such ac- counts, and delivered up the vouchers and receipts, if any, relating thereto in his possession or power, and have delivered up such books, papers, writings, property, effects, matters and things, if any, m his possession or power. 3iCVlI. And be it enacted. That no such proceeding against or deal- Sureties ino- with any such officer as aforesaid, shall deprive the Company of any nottobedis- remedy which they might otlierwisc have against any surety of such ^*'"S^'^- officers. XCVIII. And be it enacted. That full and true accounts shall be Acrounts kept of all sums of money received or expended on account of the Com- ^ ^^ "^^l' • pany by the Directors, and all persons employed by or under them, and of the articles, matters, and things for which such sums of money shall have been received or disbursed and paid. XCIX. And be it enacted. That the books of the Company shall be Books to brought to a balance fourteen days at least before every ordinary meet- be balanced. ing;°and forthwith on the books being so balanced, an exact balance- sheet shall be made up, which shall exhibit a true statement of the capital, stock, credits, and property of every description belonging to the Company, and the debts due by the Company at the date of making such balance-sheet, and a distinct view of the profit or loss which shall Inspection Of accounts by Share- holders at stated times. Balance- sheet to be produced. Book-keep- er to allow inspection. Declaration ofDiTidends. Diridend not to reduce capital. Funds; for contingen- cies* have arisen on the transactions of the Company in the course of the pre- ceding year; and previously to each ordinary meeting such balance- sheet shall be examined and docqueted by the Directors, or any three of their number, and shall be signed by the Chairman or Deputy Chair- man of the Directors. C. And be it enacted, That the books so balanced, together with such balance-sheet as aforesaid, shall, for fourteen days previous to each ordinary meetmg, and for one month thereafter, be open for the inspec- tion of the Shareholders at the principal office or place of business of the Company, but the Shareholders shall not be entitled at any time, except during the aforesaid period, before and after each ordinarv meeting, to demand the use or inspection of such books, unless in virtue of a written order signed by three of the Directors. CI. And be it enacted, That at such ordinary meeting the Directors shall produce to the Shareholders assembled such balance-sheet as afore- said, applicable to the period immediately preceding the thirty-first day of December last preceding such meeting. CII. And be it enacted. That the accounts aforesaid shall be kept in books to be provided for the purpose ; and the Treasurer, Secretary, Book-keeper, or other person entrusted with the custody of such books, shall permit any Shareholder, or any loan creditor to inspect such books at any reasonable time during one fortnight before, and one month aftei* every ordinary meeting, and if he fail to permit any such Shareholder or loan creditor to inspect such books or take copies or extracts there- from during the periods aforesaid, he shall forfeit for every such of- fence a sum not exceeding twenty pounds. CIIL And be it enacted. That previously to every ordinary meeting,* the Directors shall cause a scheme to be prepared, showing the profits, if any, of the Company fur the period current since the immediately preceding ordinary meeting, anci apportioning the same among thfe Shareholders according to Shares Jield by them respectively, and shall exhibit such scheme at such ordinary meeting, and at such meeting a dividend may be declared according to such scheme. CIV. And be it enacted, Thai the Company shall not make any dividend whereby their capital stock will be in any degree reduced. C\ . And be it enacted. That before apportioning the profits afore- said, the Directors may, if they think fit, set aside thereout such sum as they may think proper to meet contingencies, or for enlarging or im- proving the estates of the Company, or any part thereof, or promoting the objects and purposes for which they are incorporated, and may divide the balance only among the proprietors. CVI. A of any shai share held have been CVII. . laws, be it to time to lating the providing respects v^ bye-laws, the laws o Colonial I effect, or t reduced ir the Compi and servai CVIII. rcasonabk of the Cor think fit, 1 and forfeit CIX. copy of tl Company mentionei ex. J made upc demand, be servec same beii left at thi the place or the pli given to to some i CXI. the Com such not sufficient tered ad( i ■ the pre- balance- iny three ;y Chair- her with s to each B inspec- )ss of the 3, except eting, to I written Directors as afore- first day be kept Bcretary, h books, ch books >nth after ireholder ;ts there- such of- meeting^ ) profits, lediately long thfe nd shall eeting a ake any uced. ;s afore- 1 sum as or im- romoting ly divide 33 CVI. And be it enacted, That no dividend shall be paid in respect N-j^dindki^ of any share until all calls then due in respect of that or of any other j^^j^J"u„_ share held by the person to whom such dividend may be payable, shall i^j calk have been paid. '^*^* CVII. And with respect to the power of the Company to make bye- Power to laws, be it enacted; That it shall be lawful for the Company from time JjJ« ^ "Jj; to time to make such bye-laws as they think fit for the purpose of regu- officer, ofthe latingthe conduct of the officers and servants of the Company, and for Company, providing for the due management of the affairs of the Company in all respects whatsoever, and from time to time to alter or repeal any such bye-laws, and make others, provided such bye-laws be not repugnant to the laws of that part of the United Kingdom, or of those of Her Majesty s Colonial Possessions and their dependencies, where the same are to have effect, or to the provissions of this Act; and such bye-laws shall be reduced into writing, and shall have affixed thereto the common seal of the Company, and a copy of such bye-laws shall be given to every officer and servant of the Company. CVIil. And be it enacted. That the Company may impose such Fines for reasonable fines and forfeitures upon all persons being officers or servants J^^ ^^^_ of the Company offendinr; against such private bye-laws as the Company Laws, think fit, not exceeding five pounds for any one offence, and such fines and forfeitures may be recovered in the manner hereinafter provided. CIX. And be it enacted. That the production of a written or P^j^^ed ErM^nce copy of the bye-laws of the Company, having the common seal of the ' Company affixed thereto, shall be sufficient evidence of such last mentioned bye-laws in all cases of prosecution under the same. ex. And with respect to the service of notices and demands to be ^^^'^^ ^ made upon the Company, Be it enacted. That any summons, notice, J JJJ^yP° demand, or writ, or other proceeding at law or in equity, requirmg to be served or made upon the Cojipany, may be served or made by the same being given personally to the Secretary of the Company ^r being left at the office of the Company, or being delivered to some i mate at the place of abode of such Secretary ; or in case there be no Secretary, or the place of abode of the Secretary shall not be found, then by being given to any one Shareholder of the said Company, or being delivered to some inmate of the place of abode of any such Shareholder. CXI. And with respect to any such notice required to be served bycomp^J^ the Company upon the Shareholders ; Be it enacted. That unless any sharehoW' such notice be expressly required to be served personally, it shall beers, sufficient to transmit the same by post, directed according to the regis- tered address or other known address of the Shareholder, within such v.',ryA r.c trt o/imjf r^p Wc! Kninnr rioiiirpvorl in thf diip rourse of delivcrv £ 34 i within the period (if any) prescribea for the giving of such notice, and TnpZidml such Lvice it shall he sufficient to prove that such notice wai properly directed, and that it was so put into the po«t office. NoUce b, OXII. And be it enacted, That all notices required by this Act to be ndTCrtiM- in ^y advertisement in a newspaper, shall be signed by the Chairman '~"'- l"Z meeting at which such notices shall be directed to bo given, or by °he Secretary, or other officer of the Company, and shall be advertised n two cLda newspapers, unless otherwise specially provided by this ActTand Ae same shall thereupon be deemed and considered the same as nersonal notices. , , ,. . .u .• CXIII. And be it enacted. That every summons, demand, or notice, JLn or otTer such document requiring authentication ^X '^"CoX^^f";,; «i«.. be signed by one Director, or by the Treasurer or the S^cre ary of the Company, and the same maybe in writing or in print, or partly in Rele«.lo'"cxf\rAnTteUen"cted, Tliat in all legal proceedings under this „toi^. AcV, general or other releases for the purpose of qualifying any person in the service of the Company to give evidence as a ^v.tnoss, may be gr^^^^^^^ by any two or more of the Directors ; and every such re ease or discharge under\e hands and seals of two of the Directors shall be as effectual for the purpose aforesaid as if made under the Common Seal of the H»,J»bu*^"cXv!''Ar'd be it enacted, That in nasn any tint in hanl