Power to corporation to sell remaining lands
3 Power to corporation to sell remaining lands
s. 3
It shall be lawful for the said corporation and it is hereby authorized and empowered at any time or times with the consent of the Governor in Council to sell and convey the residue of the lands and premises comprised in Schedule A hereto for the time being remaining unsold or any portion or portions thereof for an estate in fee simple free from the conditions provisions and declarations of the said Deed Poll of the twelfth day of January One thousand eight hundred and seventy-two for such prices upon such terms and subject to such conditions and reservations in all respects as the said corporation shall seem fit and either by public auction or private contract or partly by the one mode and partly by the other with power to buy in the said lands and premises or any of them and to rescind or vary the terms of any contract for sale and resell the same and to duly convey or transfer any property so sold to the purchaser thereof or as such purchaser shall direct. And also to defer or postpone the sale of such remaining lands and premises or of any portion or portions thereof so long as to the said corporation shall seem expedient.
S. 4
amended by No. 8387 s. 4(b), repealed by No. 8521 s. 2.
* * * * *
S. 5
amended by No. 8387 s. 4(c).
This Act’s bill:Second reading speech
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