256 DIVISION OF LEGISLATIVE POWER.

But with the exception of banks the provinces have full
power as regards “the incorporation of companies with
provincial objects,” s. 92 (11). This however implies that
the incorporation of companies to carry on business throughout
 the Dominion belongs to the Dominion, and the fact
that a company confines the exercise of its powers to one
province will not render its incorporation ultra vires.

13. MONEY AND BANKING.
The following matters are solely within Dominion legislation
 :—
1. Currency and Coinage. s. 91 (14).
2. Issue of Paper Money. s. 91 (15).
3. Legal Tender. s. 91 (20).
4. Bills of Exchange and Promissory Notes. s. 91 (18).
5. Banking and Incorporation of Banks. s. 91 (15).
8. Savings Banks. s. 91 (16).
7. Interest. s.91 (19).
A province may authorize a corporation or other body to
borrow money at a rate of interest legalised by the Dominion
Parliament, but it cannot alter the legal rate of interest?

14. AGRICULTURE AND IMMIGRATION.
On two subjects, viz.
1. Agriculture in the province,
2. Immigration into the province,
concurrent powers of legislation are given to the Dominion
and the provinces, subject to the proviso that a provincial
law is only to be of force in so far as it is not repugnant
to the Dominion Act. s. 95

Lt 4. @. for Quebec v. Colonial Building and Investment Association,
9 App. Cas. 157.
* Royal Canadian Insurance Co. v. Montreal Warehousing Co. Q. 8 Legal
News, 155; 2 Cart. 861; Ross v. Torrance, @. 2 Legal News, 186 : 2 Cart. 352.