DOMINION LEGISLATION—CANADA 831

Territory, and shall be entitled to the privileges of a free miner,
subject to the laws and regulations governing and affecting free
miners. In order to obtain such a license, a company must file
in the office of the Secretary of State a certified copy of the
Charter or Act incorporating the company; and shall also
designate the agent or manager within the Yukon Territory
authorised to represent the company and to accept process on
behalf of the company. Notice of the issue of the license must be
published in the Canada Gazette.

All loan and trust companies incorporated after the passing of
the Loan and Trust Companies Acts are “incorporated under
those Acts; certain of their provisions apply also to loan and
trust companies incorporated under the principal Act of 1927.

vA

ProvINCIAL ACTS.
{lberia.
The law relating to companies in Alberta is contained in the
Companies Act, No. 14 of 1929, which includes provisions for
winding up. There are also the Companies (Trust) Act, No.
167 of 1922 and the Insurance (Alberta) Act, No. 171 of 1922.

The principal Act is based very largely on the English Com-
panies Act, 1929, but the following points are noteworthy :-

< © The maximum number of members of an unincor-
porated association is twenty.
o company shall have power (inter alia) to issue
notes payable to bearer or to engage in the
business of banking, to construct or operate a
railway, to carry on’ the business of insurance
or to execute the office of executor, administra-
tor, trustee, receiver, or liquidator except as
expressly authorised by the Act.

No loan shall be made by a public company to any
shareholder or director.

“ny three or more persons (or in the case of a
private company, any two) may form a com-
pany. The section contemplates three types
of limited company: (a) a company limited
by shares, (b) a company limited by guarantee,
and (c) a specially limited company.

The statutory meeting of public companies must be
held within six months from the date the
company is entitled to commence business.
company having a share capital may, ir so
authorised by its articles, cause to be kept in any
province, state or country, a branch register
of members resident outside the Province.

’rovides for the creation of shares of no nominal
or par value.