Real property.

R.S.C., c. 118.

11. The Company may acquire and hold such real property as in the discretion of the directors is required for the use and accommodation of the Company and for the carrying out of the purposes for which the Company is incorporated, and may sell or mortgage the same; but the annual value thereof in any province of Canada shall not exceed two thousand dollars, except in the province of Quebec where it shall not exceed five thousand dollars.

12. Notwithstanding anything contained therein, The Companies Clauses Act, except sections 7, 18 and 39 thereof, shall apply to the Company in so far as it is not inconsistent with The Insurance Act or with any of the provisions contained in this Act.

OTTAWA Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty.

CHAP. 88.

An Act to confer on the Commissioner of Patents certain powers for the relief of J. W. Anderson.

WH

[Assented to 18th July, 1900.]

WHEREAS James William Anderson, having his chief Preamble. place of business at the town of Aylmer, in the province of Ontario, has, by his petition, represented that on and prior to the ninth day of September, one thousand eight hundred and ninety-nine, he was the holder of letters patent under the seal of the Patent Office, dated the ninth day of September, one thousand eight hundred and eighty-nine, for improvements in force pumps, being patent number thirty-two thousand two hundred and thirty-four; that on or before the expiration of the first ten years of the said letters patent which were granted for a term of fifteen years, only the partial fee for the first ten years being paid, five years' fee being paid at the time of issue and five years' fee being paid on the eighth day of September, one thousand eight hundred and ninety-four, the said Anderson was entitled, upon application therefor, to a certificate of payment of the additional fee provided for by section 22 of The Patent Act, chapter 61 of the Revised R.S.C., c. 61, Statutes, as amended by section 5 of chapter 24 of the statutes 22; of 1892, and section 3 of chapter 34 of the statutes of 1893; s. 5; and whereas the said Anderson and others had, prior to 1893, c. 34, the said ninth day of September, one thousand eight hundred and ninety-nine, spent time and money advertising and manufacturing the article covered by the said letters patent, that the said Anderson inadvertently omitted to make such application before the ninth day of September, one thousand eight hundred and ninety-nine, and was advised that his application could not be granted after such omission; and whereas the said Anderson has, by his petition, prayed that it be enacted as hereinafter set forth, and it is expedient to grant the prayer of the said petition; and whereas it is also expedient to preserve unimpaired all rights and interests of the said Anderson under or by virtue of a certain indenture of agreement made the first day of March, one thousand eight hundred and ninety-four, between the firm of L. L. Sheldon

1892, c. 24,

8. 3.

Commissioner of Patents may extend duration of

and Company, of the town of Aylmer, Ontario, and the said Anderson Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

1. Notwithstanding anything to the contrary in The Patent Act or in the letters patent mentioned in the preamble, the Commissioner of Patents may receive from James William letters patent. Anderson the application for a certificate of payment and the usual fees upon the said letters patent for the remainder of the term of fifteen years from the date thereof, and may grant and issue to the said James William Anderson the certificate of payment of fees provided for by The Patent Act, and an extension of the period of duration of the said letters patent to the full term of fifteen years, in as full and ample a manner as if application therefor had been duly made within ten years from the date of the issue of the said letters patent.

Rights of saved.

2. Any person who has, within the period between the third persons ninth day of September, one thousand eight hundred and ninetynine, and the fifth day of July, one thousand nine hundred, acquired by assignment, user, manufacture or otherwise, any interest or right in respect of such improvements or invention, shall continue to enjoy it as if this Act had not been passed; but nothing in this section shall authorize the firm of L. L. Sheldon and Company, of the town of Aylmer, Ontario, either on their own behalf or through the agency of any such person as aforesaid, to manufacture or to deal in or with the invention in respect of which the said letters patent were granted, except in accordance with the provisions of a certain indenture of agreement made the first day of March, 1894, between the said firm and the said James William Anderson.

OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty.

CHAP. 89.

An Act to incorporate the British America Pulp Paper and Railway Company.

[Assented to 18th July, 1900.]

WHE

HEREAS the persons hereinafter named have, by their Preamble. petition, prayed that it be enacted as hereinafter set forth, 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:

tion.

1. Alfred A. Thibaudeau, William Strachan, Raymond IncorporaPréfontaine, Robert Bickerdike, Duncan Alexander McCaskill, William Mitchell, Henri B. Rainville, Herbert E. Smith, Joseph Hercules Lefebvre, all of Montreal; Paul Vilmond Savard, of Chicoutimi; Jules Tessier, of Quebec; together with such persons as become shareholders in the company, are hereby incorporated under the name of "The British America Pulp Paper and Railway Company," hereinafter called "the Corporate Company."

name.

2. The persons named in section 1 of this Act are hereby Provisional constituted provisional directors of the Company.

directors.

3. The capital stock of the Company shall be two million Capital stock. five hundred thousand dollars in shares of one hundred dollars each, and may be called up by the directors from time to time as they deem necessary, but no one call shall exceed ten per cent on the shares subscribed.

meeting.

4. So soon as ten per cent of the capital stock has been First general subscribed and fifty per cent has been paid up on the stock so subscribed and has been deposited in some chartered bank in Canada to the credit of the Company, the provisional directors, or any three of them, may call a general meeting of the shareholders of the Company to be held at the city of Montreal, at such time as they determine, for the Business purpose of passing or ratifying the by-laws of the Company, of

thereat.

Notice.

Increase of capital.

By-law for

such purpose.

Head office.

Annual general meeting.

Directors.

Business and powers.

Powers. Pulp and paper mills.

electing directors, and of considering and determining any other business specified in the notice calling such meeting; and notice in writing, signed by the provisional directors calling such meeting, of the date and place of holding the same, mailed by registered letter to the address of each shareholder not less than ten days previously, shall be deemed sufficient notice of such meeting.

2. The directors of the Company may, at any time after the whole capital stock of the Company has been taken up and fifty per cent thereon paid in, make a by-law for increasing the capital stock of the Company to any amount which they consider requisite for the due carrying out of the objects of the Company.

3. Such by-law shall declare the number of the shares of the new stock, and may prescribe the manner in which the same shall be allotted; and in default of its so doing, the control of such allotment shall vest absolutely in the directors.

5. The head office of the Company shall be in the city of Montreal, in the province of Quebec.

6. The annual general meeting of the shareholders shall be held on the first Tuesday in September in each year.

7. At such meeting the subscribers for the capital stock assembled, who have paid all calls due on their shares, shall choose seven persons to be directors of the Company, one or more of whom may be paid directors, and a majority of whom shall form a quorum.

8. The Company may carry on, throughout Canada and elsewhere, the business in all its branches of manufacturing pulp wood, pulp and paper and all other business incident thereto, including the manufacture of timber, lumber and all articles of which wood forms a component part, and all products from wood or wood material, and also the business of wharfingers, shippers and vessel owners; and may, for such purposes, acquire licenses to cut timber, timber limits, timber lands, buildings, wharfs, docks, dams, piers, mills, mill sites, water power, works, boats, vessels, vehicles, goods, wares or merchandise, and other property, real and personal, movable and immovable; and may, for such purposes, construct, operate, improve, extend, manage, develop, lease, mortgage, dispose of, or otherwise deal in and with the same; and may, for such purposes, establish shops or stores on the said lands; and may, for such purposes, buy and sell goods and general merchandise, and carry on farming and stock raising; and generally may do all such other things as are incidental or conducive to the attainment of the above objects.

9. The Company may, for the purposes of its undertakings,— (a.) establish and operate pulp and paper mills at the falls of the Grand Peribonka, Mistassini and Chamouchouan Rivers,