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C-42 - Timber-Driving Companies Act

Section 11
Disposition versions

Full text
11. When the formalities mentioned in the preceding sections have been complied with, the company shall become a legal person, by the name designated in the instrument so deposited, and by such name it and its successors shall be capable of purchasing, holding and selling and transferring any lands and immovables whatsoever which may be useful and necessary for the purposes of the company; and every such work as aforesaid, and all the materials provided for constructing or repairing the same, shall be vested in such company and its successors.
R. S. 1964, c. 96, s. 11; 1993, c. 48, s. 324; 1999, c. 40, s. 72.
11. When the formalities mentioned in the preceding sections have been complied with, the company shall become an incorporated company, by the name designated in the instrument so deposited, and by such name it and its successors shall be capable of purchasing, holding and conveying, selling and disposing of any lands, tenements and hereditaments whatsoever which may be useful and necessary for the purposes of the corporation; and every such work as aforesaid, and all the materials provided for constructing or repairing the same, shall be vested in such company and its successors.
R. S. 1964, c. 96, s. 11; 1993, c. 48, s. 324.
11. When the formalities mentioned in the preceding sections have been complied with, the company shall become an incorporated company, by the name designated in the instrument so registered, and by such name it and its successors shall be capable of purchasing, holding and conveying, selling and disposing of any lands, tenements and hereditaments whatsoever which may be useful and necessary for the purposes of the corporation; and every such work as aforesaid, and all the materials provided for constructing or repairing the same, shall be vested in such company and its successors.
R. S. 1964, c. 96, s. 11.
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