THE CANADIAN GEOLOGICAL FOUNDATION
DATED 19th April, 1968
RECORDED 15th May, 1968
Film 220 Document 137
Deputy Registrar General of Canada
in and by Part II of the Canada Corporations Act, it is, amongst other things, in effect enacted that the Minister of Consumer and Corporate Affairs may by letters patent under his seal of office grant a charter to any number of persons not being fewer than three (3) who, having complied with the requirements of the said Act, apply therefor, constituting such persons and others who thereafter become members of the corporation thereby created a body corporate and politic without share capital for the purpose of carrying on, without pecuniary gain to its members, objects, to which the legislative authority of the Parliament of Canada extends, of a national, patriotic, religious, philanthropic, charitable, scientific, artistic, social, professional or sporting character, or the like, upon the applicants therefor establishing to the satisfaction of the Minister of Consumer and Corporate Affairs due compliance with the several conditions and terms in and by the said Act set forth and thereby made conditions precedent to the granting of such charter;
AND WHEREAS ERIC LLOYD EVANS, JAMES MERRITT HARRISON and JAMES EDGAR THOMSON have made application for a charter under the said Act, constituting them and such others as may become members in the corporation thereby created a body corporate and politic under the name of THE CANADIAN GEOLOGICAL FOUNDATION for the objects hereinafter mentioned, and have satisfactorily established the sufficiency of all proceedings required by the said Act to be taken, and the truth and sufficiency of all facts required to be established previous to the granting of such letters patent;
NOW KNOW YE that the Minister of Consumer and Corporate Affairs, under the authority of the said Act, does, by these letters patent, constitute the said ERIC LLOYD EVANS, JAMES MERRITT HARRISON and JAMES EDGAR THOMSON and all others who may become members in the Corporation a body corporate and politic without share capital under the name of THE CANADIAN GEOLOGICAL FOUNDATION with all the rights and powers conferred by the said Act, and for the following objects, namely:
(a) to receive and maintain a fund or funds and to apply from time to time all or any part thereof and the income therefrom for charitable and educational purposes in Canada relating to the science of geology and, without limiting the generality of the foregoing and for the said purposes, for providing assistance in the education of students and for promoting, undertaking, carrying out, encouraging and assisting recognized charitable organizations in promoting, undertaking and carrying out all phases of study, research and dissemination of knowledge relating to the science of geology;
(b) to do all such things as are incidental or conducive to the attainment of the above objects and, in particular:
(i) to use, apply, give, devote, accumulate or distribute from time to time all or any part of the funds of the Corporation and/or the income therefrom in furtherance of the above objects by such means as may from time to time seem expedient to its directors;
(ii) to provide assistance to students and researchers for objects set forth in paragraph (a) above by scholarships or otherwise and to effect the publication and dissemination of results of any study or research, all on such terms as in the opinion of the directors of the Corporation will promote the objects of the Corporation;
(iii) to use, apply, give, devote, accumulate or distribute from time to time all or any part of the fund or funds of the Corporation and/or the income therefrom in furtherance of the above objects to or for any charitable and/or educational organization or organizations which in the judgment of the directors of the Corporation will promote the objects of the Corporation;
(iv) to acquire, accept, solicit or receive, by purchase, lease, contract, donation, legacy, gift, grant, bequest or otherwise, any kind of real or personal property, absolutely or in trust, and to enter into and carry out agreements, contracts and undertakings incidental thereto;
(v) to hold, manage, sell or convert any of the real or personal property from time to time owned by the Corporation and to invest and reinvest any principal in such form of investments as the directors may approve;
(vi) to exercise voting rights on shares.
The operations of the Corporation may be carried on throughout Canada and elsewhere.
The head office of the Corporation will be situate in the Municipality of Metropolitan Toronto, in the Province of Ontario.
The said ERIC LLOYD EVANS, JAMES MERRITT HARRISON and JAMES EDGAR THOMSON are to be the first directors of the Corporation.
And it is hereby ordained and declared that upon the dissolution of the Corporation and after the payment of all debts and liabilities any property of the Corporation remaining shall be applied in the discretion of the directors to accomplish the above objects by distributing such property for the furtherance of the work of institutions or organizations with objects similar to the above objects.
And it is further ordained and declared that no director of the Corporation as such shall be entitled to receive any remuneration from the Corporation.
And, in accordance with the provisions of section 63 of the said Act, it is further ordained and declared that, when authorized by by-law, duly passed by the directors and sanctioned by at least two-thirds (2/3) of the votes cast at a special general meeting of the members duly called for considering the by-law the directors of the Corporation may from time to time
(a) borrow money upon the credit of the Corporation;
(b) limit or increase the amount to be borrowed;
(c) issue debentures or other securities of the Corporation;
(d) pledge or sell such debentures or other securities for such sums and at such prices as may be deemed expedient; and
(e) secure any such debentures, or other securities, or any other present or future borrowing or liability of the Corporation, by mortgage, hypothec, charge or pledge of all or any currently owned or subsequently acquired real and personal, movable and immovable, property of the Corporation, and the undertaking and rights of the Corporation.
Any such by-law may provide for the delegation of such powers by the directors to such officers or directors of the Corporation to such extent and in such manner as may be set out in such by-law.
Nothing in this section limits or restricts the borrowing of money by the Corporation on bills of exchange or promissory notes made, drawn, accepted or endorsed by or on behalf of the Corporation.
And it is further ordained and declared that the business of the Corporation shall be carried on without pecuniary gain to its members and that any profits or other accretions to the Corporation shall be used in promoting its objects.
GIVEN under the seal of office of the Minister of Consumer and Corporate Affairs at Ottawa this nineteenth day of April, one thousand nine hundred and sixty-eight.
for the Minister of Consumer
and Corporate Affairs