Journal of Comparative Legislation and International Law (Volume 1-2)

This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1899. Not illustrated. Excerpt: ... Protection against Fire.--The Local Rates Ordinance (No. 5) imposes a rate of t)d. in the on house property to provide means of protection against fire. The Stanley Fire Brigade Ordinance (No. 7) establishes a volunteer fire brigade, and contains sundry provisions for protection against fire. VIII. NORTH AMERICAN COLONIES. 1. BRITISH COLUMBIA.1 Contributed by Walter Peacock, Esq. Acts passed--77. The legislation of the past year anticipates a large increase of population and commercial activity in consequence of the recent discovery of extraordinary mineral wealth in the province. Company Law.--The Company Law has been consolidated in the Companies Act, 1897 (c. 2), which is based on the (Imperial) Companies Acts, 1862, 1867, and 1877, omitting the clauses dealing with winding-up, the Forged Transfers Act, 1891, and the Directors' Liability Act, 1890. The Provincial Act is divided into ten parts, of which I., II., and IV. are, broadly speaking, a transcript of I., II., and III. of the (Imperial) Companies Act of 1862. III. reproduces the sections in the (Imperial) Companies Act of 1867, which deal with calls, subdivision of shares, share-warrants to bearer, and reduction of capital. V. empowers companies to borrow money and secure repayment. VI. and VII. compel the licensing and registration of extraprovincial companies before they may carry on business within the province. VIII. deals with voluntary winding-up, a verbal transcript of ss. 129 and 139 of Imperial Act of 1862. IX. protects purchasers from losses by forged transfers and fraudulent and negligent practices, reproducing s. 1 of (Imperial) Forged Transfers Act, 1891, as amended by the Act of 1892, s. 4 of the latter Act, and ss. 3-5 of Directors' Liability Act, 1890. X. repeals former enactments...