Issuance of letters patent to association
150(1)The Director under the
Companies Act may issue letters patent of incorporation to any five persons in a municipality who, with the approval of the council of the municipality, apply therefor, constituting such persons and others who become members thereof, a body corporate for the purpose of
(a)
encouraging horticulture,
(b)
improving and ornamenting streets, parks, commons, cemeteries or other open public places in the municipality, and
(c)
caring for, restoring, preserving and protecting any public buildings, statues, monuments, or landmarks.
Application of
Companies Act
150(2)The
Companies Act applies to an association except where it is inconsistent herewith.
1966, c.20, s.150; 1978, c.D-11.2, s.29; 2002, c.29, s.10