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BILL NO. 42
3rd Session, 56th General Assembly
44 Elizabeth II, 1995-96
An Act to Incorporate
the LaHave River Valley
ACTS OF 1995-96
The Honourable Donald R. Downe
AS ASSENTED TO BY THE LIEUTENANT GOVERNOR
JANUARY 11, 1996
Printed by Queen's Printer for Nova Scotia
An Act to Incorporate
the LaHave River Valley
Be it enacted by the Governor and Assembly as follows:
1 This Act may be cited as the LaHave River Valley
Heritage Association Act.
2 In this Act,
(a) "Association" means the LaHave River Valley
(b) "Board" means the Board of Directors of the
(c) "by-laws" means the by-laws of the Association;
(d) "director" means a member of the Board.
3 There is hereby established a body corporate to be
known as the LaHave River Valley Heritage Association.
4 The object of the Association is to promote the
lumbering heritage of the LaHave River Valley and the LaHave
River as a tourist attraction and, in particular, to develop, own
and operate an historical project along the LaHave River,
within the boundaries of the Town of Bridgewater, which project
may include a working replica of a stream or water-powered
sawmill, a functional woods operation, walking trails and
interpretative sites, a museum and interpretation centre, a cook
house and any other related projects that the Association may
5 The membership of the Association consists of
(a) James E. Copeland, Robert Frank, David
Townsend, George Lake, Jack Logan, Richard Lord,
William A. Rhodenizer, Arthur H. Young and Graham M.
(b) each person who becomes a member of the
Association pursuant to the by-laws, as long as that person
remains a member of the Association.
6 (1) The management of the affairs of the Association is
vested in a Board of Directors of the Association which may
exercise all the powers of the Association.
(2) The Board consists of such number of persons as
the by-laws determine.
(3) The Board shall be elected as determined by the by-laws.
(4) Each director holds office for such term as is
prescribed by the by-laws.
7 The directors shall elect from among themselves such
officers as are prescribed by the by-laws.
8 (1) There may be a chief administrative employee of the
Association appointed by the Board who shall be known as the
Chief Executive Officer.
(2) The Chief Executive Officer shall administer the
Association and its institutions, services and programs.
9 (1) The Association may exercise all the powers
necessary or incidental to the attainment of its object and the
exercise of its powers and, without restricting the generality of
the foregoing, may
(a) take by donation, deed, devise, bequest, lease,
gift, grant or otherwise, real and personal property of
any and every description, sell, lease, mortgage,
hypothecate or invest the same, hold lands or tenements
or any interest therein, and execute and carry out any
trusts and terms upon which any lands or interests
therein or personal property is devised, bequeathed,
granted or conveyed to it;
(b) raise or borrow money for the object of the
(c) secure the repayment of monies so raised or
borrowed in such manner and upon such terms and
conditions as the Board thinks fit and, without
restricting the generality of the foregoing, by the
execution and delivery of mortgages of all or any part
of the real or personal property of the Association, both
present and future, or by the issue of bonds, debentures,
promissory notes or hypothecation forms secured by
mortgage or other charge upon all or any part of the
real or personal property of the Association, both
present and future;
(d) pledge debentures as security for loans;
(e) sign or endorse bills, notes, acceptances,
cheques, contracts and other evidence of or securities
for money borrowed or to be borrowed;
(f) retain any investment, bequest, devise or gift in
the form in which the same is acquired by it for as long
as the Board thinks fit, invest the proceeds or the same
or any part thereof and hold any real or personal
property subject to and upon any trusts, terms or
conditions imposed in the acquisition thereof.
(2) Bonds, debentures and other securities issued
pursuant to this Act may be made assignable, free from any
equities between the Association and the person to whom the
securities were issued.
10 (1) The Board may make by-laws respecting the
conduct and management of the affairs of the Association and
the exercise by the Association of its powers including, without
restricting the generality of the foregoing, by-laws respecting
(a) the qualifications for membership in the
Association and the manner in which a person may
apply for admission to membership in the Association
and be admitted to membership and the manner in
which a person may be removed as a member;
(b) the calling of meetings of the Association;
(c) the procedure to be followed at meetings of the
(d) the election of the Board and the terms of office
of the directors;
(e) the calling of meetings of the Board;
(f) the attendance of directors at meetings of the
(g) the procedure to be followed at meetings of the
Board and of its committees;
(h) the appointment of officers, boards and
(i) the delegation of powers and duties to officers,
boards and committees;
(j) the reimbursement of directors for reasonable
expenses incurred while engaged in the performance of
(k) the appointment, removal, functions and duties
of the staff, officers, agents and servants of the
(l) the management and administration of the
(2) A by-law has no force or effect until approved by
the membership of the Association at a meeting of the
(3) Notwithstanding anything contained in this Section,
the membership of the Association as constituted by Section 5
may make any by-law that the Board may make pursuant to
11 The real and personal property of the Association used
for the purposes of the Association is exempt from any tax
imposed by or pursuant to any Act of the Legislature.
12 The first meeting of the membership of the Association
shall be held within six months of the coming into force of this
13 (1) For greater certainty, the Town of Bridgewater is
not liable for any costs relating to the management and
operation of the Association or its projects or for the capital
costs of any projects undertaken by the Association.
(2) Where any property is no longer used for the
purpose of carrying out the objects of the Association, the
Association shall transfer all right, title and interest of the
Association in the property to the Town of Bridgewater.
(3) The Association shall make any transfer required
by subsection (2) free and clear of all liens, charges or other