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C-47 - Mining Companies Act

Section 8
Disposition versions

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8. Any company constituted as a legal person under this Act may order, by by-law, the issue of shares of its capital stock at such rate of premium or discount and upon such terms and conditions as may be deemed advantageous.
Such by-law shall not become executory unless it be sent by registered mail, within 30 days after it is passed, to the enterprise registrar, and unless it has been ratified by a general meeting of shareholders as enacted in section 5.
Stock certificates issued in accordance with the provisions of this section shall bear, in red ink, under or after the name of the company, the words “Constituted as a legal person under the Mining Companies Act”; and, if the shares were issued under par, the words “Issued by the company at (mentioning the rate) discount”.
R. S. 1964, c. 283, s. 8; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1975, c. 83, s. 84; 1981, c. 9, s. 24; 1982, c. 52, s. 174; 1999, c. 40, s. 75; 2002, c. 45, s. 289; I.N. 2016-01-01 (NCCP).
8. Any company constituted as a legal person under this Act may order, by by-law, the issue of shares of its capital stock at such rate of premium or discount and upon such terms and conditions as may be deemed advantageous.
Such by-law shall not become executory unless it be sent by registered or certified letter, within 30 days after it is passed, to the enterprise registrar, and unless it has been ratified by a general meeting of shareholders as enacted in section 5.
Stock certificates issued in accordance with the provisions of this section shall bear, in red ink, under or after the name of the company, the words “Constituted as a legal person under the Mining Companies Act”; and, if the shares were issued under par, the words “Issued by the company at (mentioning the rate) discount”.
R. S. 1964, c. 283, s. 8; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1975, c. 83, s. 84; 1981, c. 9, s. 24; 1982, c. 52, s. 174; 1999, c. 40, s. 75; 2002, c. 45, s. 289.
8. Any company constituted as a legal person under this Act may order, by by-law, the issue of shares of its capital stock at such rate of premium or discount and upon such terms and conditions as may be deemed advantageous.
Such by-law shall not become executory unless it be sent by registered or certified letter, within 30 days after it is passed, to the Inspector General, and unless it has been ratified by a general meeting of shareholders as enacted in section 5.
Stock certificates issued in accordance with the provisions of this section shall bear, in red ink, under or after the name of the company, the words “Constituted as a legal person under the Mining Companies Act”; and, if the shares were issued under par, the words “Issued by the company at (mentioning the rate) discount”.
R. S. 1964, c. 283, s. 8; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1975, c. 83, s. 84; 1981, c. 9, s. 24; 1982, c. 52, s. 174; 1999, c. 40, s. 75.
8. Any company incorporated under this act may order, by by-law, the issue of shares of its capital stock at such rate of premium or discount and upon such terms and conditions as may be deemed advantageous.
Such by-law shall not become executory unless it be sent by registered or certified letter, within thirty days after it is passed, to the Inspector General, and unless it has been ratified by a general meeting of shareholders as enacted in section 5.
Stock certificates issued in accordance with the provisions of this section shall bear, in red ink, under or after the name of the company, the words “Incorporated under the Mining Companies Act”; and, if the shares were issued under par, the words “Issued by the company at (mentioning the rate) discount”.
R. S. 1964, c. 283, s. 8; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1975, c. 83, s. 84; 1981, c. 9, s. 24; 1982, c. 52, s. 174.
8. Any company incorporated under this act may order, by by-law, the issue of shares of its capital stock at such rate of premium or discount and upon such terms and conditions as may be deemed advantageous.
Such by-law shall not become executory unless it be sent by registered or certified letter, within thirty days after it is passed, to the Minister of Financial Institutions and Cooperatives, and unless it has been ratified by a general meeting of shareholders as enacted in section 5.
Stock certificates issued in accordance with the provisions of this section shall bear, in red ink, under or after the name of the company, the words “Incorporated under the Mining Companies Act”; and, if the shares were issued under par, the words “Issued by the company at (mentioning the rate) discount”.
R. S. 1964, c. 283, s. 8; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1975, c. 83, s. 84; 1981, c. 9, s. 24.
8. Any company incorporated under this act may order, by by-law, the issue of shares of its capital stock at such rate of premium or discount and upon such terms and conditions as may be deemed advantageous.
Such by-law shall not become executory unless it be sent by registered or certified letter, within thirty days after it is passed, to the Minister of Consumer Affairs, Cooperatives and Financial Institutions, and unless it has been ratified by a general meeting of shareholders as enacted in section 5.
Stock certificates issued in accordance with the provisions of this section shall bear, in red ink, under or after the name of the company, the words “Incorporated under the Mining Companies Act”; and, if the shares were issued under par, the words “Issued by the company at (mentioning the rate) discount”.
R. S. 1964, c. 283, s. 8; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1975, c. 83, s. 84.
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