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CHAPTER 56.

An Ordinance respecting Newspapers.

1. In this Ordinance "newspaper" means: Any paper Interpretation containing public news intelligence or occurrences, or "Newspaper." any remarks or observation thereon, printed for sale and published periodically, or in parts or numbers, at intervals not exceeding twenty-six days between the publication of any two such papers, parts or numbers, and any paper printed in order to be distributed and made public weekly or oftener, or at intervals not exceeding twenty-six days and containing only, or principally advertisements. 19 of 1900, s. 1.

No.

PARTICULARS TO BE FILED-PENALTY.

with Clerk

2. It shall be the duty of the proprietor, or proprietors, Information of the editor or editors and of the business manager and of to be filed each of them, of every newspaper published in the Yukon of the Court. Territory, to file with the clerk of the Territorial Court of the Yukon Territory within one month from the date of the passing of this Ordinance, a declaration under oath or affirmation (in case where by law affirmation is allowed) setting forth the name in full of the proprietor or proprietors, editor or editors, and business manager of such newspaper, his nationality, both by birth and allegiance, the place of publication of such newspaper, and the name or title under which such newspaper is published, and any proprietor editor or manager neglecting to comply with the provisions of this Ordinance shall, upon summary conviction, before a Justice of the Peace, be liable to a fine not exceeding Penalty for five hundred dollars and not less than fifty dollars for each neglect. day during which such neglect continues. No. 19 of 1900,

s. 2.

3. In the next proceeding section of this Ordinance, the "Proprietor.” word "proprietor" includes any and all persons financially interested, directly or indirectly, in any such newspaper. No. 19 of 1900, s. 3.

4. In the case of newspapers to be hereafter established Information in the Yukon Territory, the declaration mentioned in the to be filed second section of this Ordinance shall be filed with the publication of clerk of the Territorial Court before such newspaper is newspaper.

before

On every
change of
proprietorship
etc., to
be filed.

published and each and every, the proprietor or proprietors, editor or editors, and business manager of such newspaper shall upon summary conviction before a Justice of the Peace, be liable to a fine not exceeding five hundred dollars and not less than fifty dollars and each issue of such newspaper shall be deemed to constitute a fresh offence against the provisions of this Ordinance. No. 19 of 1900, s. 4.

5. Upon every change in the proprietorship, editorship or management of any newparer, the declaration mentioned in the second section of this Ordinance shall be filed under a like penalty in case of default, as in the said second section provided. No. 19 of 1900, s. 5.

Fee.

FEES.

6. The clerk of the Territorial Court shall be entitled to receive from the person filing the declaration abovementioned a fee of $5, and it shall be the duty of the said clerk to send to the Commissioner of the Yukon Territory a copy of such declaration forthwith after the filing thereof. No. 19, of 1900, c. 6.

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TITLE VIII.

COMPANIES AND KINDRED INSTITUTIONS.

CHAPTER 57.

An Ordinance respecting the Incorporation of
Joint Stock Companies.

SHORT TITLE.

1. This Ordinance may be cited as "The Companies Short title. Ordinance." N.W.T., c. 61, s. 1.

INTERPRETATION.

2. In this Ordinance and in all letters patent and supple- Interpretation mentary letters patent issued under it unless the context otherwise declares :

1. The expression "the Company" means the company "Company." incorporated by letters patent under this Ordinance;

2. The expression "the undertaking" means the business Underof every kind which the company is authorized to carry on; taking." 3. The expression "real estate or "land" includes mes- "Real estate" suages, lands, tenements and hereditaments of any tenure "Land. and all immovable property of any kind;

holder."

4. The expression "shareholder" means every subscriber "Shareto or holder of stock in the company and includes the personal representatives of the shareholder;

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5. The word "president" whenever it occurs in this "President.” Ordinance includes "chairman;"

6. The expression "electricity" means electricity supplied "Electricity.” for the purposes of creating light, heat or power or of oper

ating a system of telephones. N.W.T., c. 61, s. 2.

Incorporation by letters patent.

Advertisement of application.

Time for petition.

Contents of petition.

Amount of

stock to be taken.

LETTERS PATENT.

3. The Commissioner may by letters patent under the seal of the Territory grant a charter to any number of persons not less than three who petition therefor constituting such persons and others who thereafter become shareholders in the company thereby created a body corporate and politic for any of the purposes or objects to which the legislative authority of the Council of the Territory extends. N.W.T., c. 61, s. 3.

4. The applicants for such letters patent must advertise by notice published at least once in the Yukon Official Gazelle and in three consecutive weekly issues of any newspaper published at or nearest the place which is to be the chief business place of the company, their intention to apply for the same stating in such notice:

1. The proposed corporate name of the company, which shall not be that of any other known company, incorporated or unincorporated, or any name liable to be unfairly confounded therewith or otherwise on public grounds objectionable;

2. The object for which the incorporation is sought;

3. The place within the Territory which is to be its chief place of business;

4. The proposed amount of its capital stock;

5. The number of shares and the amount of each share; 6. The names in full and the address and calling of each of the applicants, with special mention of the names of not less than three nor more than nine of their number who are to be the first or provisional directors of the company, the majority of whom shall be residents of Canada. N.W.T., c. 61, s. 4.

5. At any time not more than two months after the last publication of such notice the applicants may petition the Commissioner through the Territorial Secretary for the issue of such letters patent. N.W.T., c. 61, s. 5.

6. Such petition shall set forth.

1. The facts contained in the notice;

2. The amount of stock taken by each applicant and the amount paid in upon the stock of each applicant as also the manner in which the same has been paid in and is held for the company. N.W.T., c. 61, s. 6.

7. The aggregate of the stock so taken shall be at least the one-half of the total amount of the proposed capital stock of the company. N.W.T., c. 61, s. 7.

of amount

S. The aggregate paid in on the aggregate stock so taken Disposal shall be at least ten per cent thereof and shall be paid in paid up. to the credit of the company or trustees therefor and shall be standing at such credit in some chartered bank of Canada unless the object of the company is one requiring that it should own real estate, in which case such aggregate may be taken as paid in if it is bona fide invested in real estate suitable to such object which is duly held by trustees for the company, and is of the required value over and above all incumbrances thereon. N.W.T., c. 61, s. 8.

letters patent.

9. The petition may ask for the embodying in the letters Additional patent of any provision which otherwise under the provi- provisions in sions hereof might be incorporated in any bylaw of the company when incorporated; and such provision so embodied shall not, unless provision to the contrary is made in the letters patent, be subject to repeal or alteration by bylaw. N.W.T., c. 61, s. 9.

matters to be

10. Before the letters patent are issued the applacants Preliminary must establish to the satisfaction of the Territorial Secretary proved. or such other officer as may be charged by the Commissioner to report thereon, the sufficiency of their notice and petition end the truth and sufficiency of the facts therein set forth and that the proposed name is not the name of any other known incorporated or unincorporated company, and to that end the Territorial Secretary or such other officer may take and keep of record any requisite evidence in writing under oath, affirmation or solemn declaration. N.W.T., c. 61, s. 10.

Recitals.

11. The letters patent shall recite all the material aver- Letters patent ments of the notice and petition as so established. N.W. T., c. 61, s. 11.

12. The Commissioner may give to the company a cor- Corporate porate name different from that proposed by the applicants name. in their published notice if the proposed name is objectionable. N.W.T., c. 61, s. 12.

13. The Commissioner may restrict such letters patent Restriction of after incorporation in any manner which seems desirable. letters patent N.W.T., c. 61, s. 15. incorporation.

after

directory.

14. The provisions of this Ordinance relating to matters Preliminary preliminary to the issue of letters patent shall be deemed requirements directory only; and no letters patent issued or which have heretofore been issued under this Ordinance shall be not to avoid. held void or voidable on account of any irregularity in any prescribed notice or on account of the insufficiency of any such notice or on account of any irregularity in

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