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Prerented to the Gray
PROVINCE OF CANADA
PASSED IN THE VMwheel
NINETEENTH AND TWENTIETH YEARS OF THE REIGN OF HER MAJESTY
AND IN THE SECOND SESSION OF THE FIFTH PARLIAMENT
Begun and holden at Toronto on the Fifteenth of February, in the year of
Our Lord One Thousand Eight Hundred and Fifty-Six.
Anno Domini, 1856.
Term of the Appeal Side of the Court of Queen's
[Assented to 21st April, 1856.)
THEREAS it has been found inconsistent with the other Preamble.
duties of the Judges of the Court of Queen's Bench for Lower Canada, that sittings of the Appeal Side of the said Court should be regularly held and the business before the Court proceeded with, in the March Term of the present year, and it is therefore expedient that another Term should be held for the despatch of such business : Therefore, Her Majesty, by and with the advice and consent of the Legislative Council and Assembly of Canada, enacts as follows :
I. A Term of the Appeal Side of the said Court of Queen's an additional Bench shall be held in the City of Montreal from the seventh Term to be to the twenty-fourth day, both inclusive, of the month of May in held in 1856, the present year one thousand eight hundred and fifty-six, to time. which Term all the provisions of the Act constituting the said Court and all other provisions of law shall apply as they do to the Terms mentioned in the said Act: Provided always, that Proviso: as to any thing which ought to have been done in the March Term things which of the Appeal Side of the said Court, but could not be done by should
by been done at reason of the non-sitting or the want of a quorum of the Court the March on any day in the said March Term, shall and may be done Term. with the same legal effect on any day in the Term to be held under this Act which the said Court shall appoint for the purs pose, so that no legal right of any party shall be lost or impaired by the non-sitting of the said Court in the March Term, or by the lapse of time between it and the Term to be held under this. Act.
An Act to authorize the commutation of claims on
Ordnance Lands, upon the transfer of such lands to the Province.
[Assented to 21st April, 1856.]
Preamble. 18 V. c. 91, cited.
THEREAS by the Act passed in the now last Session of
V the Provincial Parliament, and intituled, An Act relating to the Ordnance Lands and Naval and Military Reserves in this Province, and for other purposes, the Governor in Council is empowered to accept the transfer of the lands and property mentioned in the said Act, on such terms and conditions as he may agree upon with Her Majesty's Imperial Government; And whereas the Military Pensioners have been located upon certain of the said lands at Toronto, London, Niagara, Penetanguishene, Amherstburg and Fort Erie, by the Military authorities, and have thereby acquired certain claims upon the said lands, and it has been agreed between Her Majesty's Imperial Government and the Governor in Council, that the said claims on the lands at Toronto, London and Niagara, shall be commuted upon the transfer of the said lands, for a pension of four pounds sterling per annum for life to each of the pensioners located thereon (in number amounting to five hundred) to be paid by this Province : And whereas it may be desirable to effect a like commutation of the claims of the pensioners located on the said lands at Penetanguishene, Amherstburg and Fort Erie, and also to make allowances for such improvements as may have been actually made thereon, according to the original written conditions of location : Therefore, Her Majesty, by and with the advice and consent of the Legislative Council and Assembly of Canada, enacts as follows:
Life annuities I. It shall be lawful for the Governor in Council to authorize may be grant- the payment out of the Consolidated Revenue Fund, of a life ed to pension ers on certain annuity not exceeding four pounds sterling per annun, to each Lands in lieu pensioner located as aforesaid upon the said Ordnance Lands of their claims at Toronto, London and Niagara, in consideration of the
transfer of the said lands to the Province, and in lieu of all claims of the said pensioners thereon, provided the number of such pensioners do not exceed five hundred.
The same as
II. It shall be lawful for the Governor in Council, in consito certain deration of the transfer of the said lands at Penetanguishene,
· Amherstburg and Fort Erie, to authorize the payment of a like Allowance for
annuity out of the said Fund to each of the Pensioners located thereon, and of such further sum for his actual improvements, as he shall be entitled to according to the conditions of his location, such annuity and sum to be in lieu of all his claims upon such land ; provided the number of such pensioners do not exceed two hundred, and that the sum paid to any such
pensioner pensioner for improvements do not exceed the amount regulated Total amount by such conditions.
III. The said annuities and sums shall be a charge upon the How paid and said Consolidated Revenue Fund, and shall be paid and accounted for. accounted for in like manner as other sums charged thereon.
An Act to amend the Act for establishing Freedom of
[Assented to 21st April, 1856.] W H EREAS it is expedient to amend the Act for establish- Preamble.
VV ing Freedom of Banking, in the manner hereinafter mentioned : Therefore, Her Majesty, by and with the advice and consent of the Legislative Council and Assembly of Canada, enacts as follows:
I. The thirteenth Section of the Act passed in the Session Section 13 of held in the thirteenth and fourteenth years of Her Majesty's 13 & 14 V. Reign, and chaptered twenty-one, is hereby repealed, and the ex following section shall be substituted in lieu thereof:
tuted. “No individual Banker shall make or issue Bank Notes, Provincial and no Joint Stock Association shall commence the business of securities to be
deposited beBanking, until they shall have respectively deposited in the for hands of the Receiver General, for the purposes of this Act, cing business, Debentures or other securities issued by, or the payment of the and to what
amounts. principal and interest whereof is guaranteed by the Government of this Province, under the authority of the Legislature thereof, or secured upon the Upper Canada or the Lower Canada Municipal Loan Fund, and bearing interest at the rate of six per centum per annum, (or if bearing a less rate of interest, then to proportionally greater amounts) to amounts not less than those hereinafter mentioned, that is to say:
Any Joint Stock Association, to ihe amount of not less than Twenty-Five Thousand Pounds;
Any individual Banker, to the amount of not less than TwentyFive Thousand Pounds :
The value of the said Debentures or securities being reckoned Value to be at par, and the same being held by the Receiver General in rec pledge for the due redemption of the Bank Notes of the Bank by wbich they are deposited, and the interest thereon being paid over to such Bank, as the same shall accrue, except as hereinafter provided.”