. Ontario Sessional Papers, 1897-98, at Act or any other law inforce in Ontario, within the meaning of section 67 of the said Act. As the said Regis-trar, and for purposes of the said Act, I accordingly determine as follows : L That by the la<v in force in Ontario, the declaration of incorporation filed by thesaid company fixed and fixes the par value of all shares of capital stock in the saidcompany at $100 each ; 2. That the company in passing the said by-law has not complied with the law ; and 3. That the said by-law purporting to create shares of a par value difierent from the


. Ontario Sessional Papers, 1897-98, at Act or any other law inforce in Ontario, within the meaning of section 67 of the said Act. As the said Regis-trar, and for purposes of the said Act, I accordingly determine as follows : L That by the la<v in force in Ontario, the declaration of incorporation filed by thesaid company fixed and fixes the par value of all shares of capital stock in the saidcompany at $100 each ; 2. That the company in passing the said by-law has not complied with the law ; and 3. That the said by-law purporting to create shares of a par value difierent from thepar value so fixed by the declaration of incorporation is repugnant to the law in force inOntario, and is ultra vires of the company and void. Given in duplicate this twenty-first day of May, 1898. (Signed), J. HOWARD HUNTER, ( | Registrar of Loan Corporations. Seal. V XX. UNIVERSITY OF TORONTO REPORT OF STANDING COMMITTEE ON FINANCE 189T-8. (ADOPTED DECEMBER 10th, 1897.) PRINTED BY ORDER OF THE LEGISLATIVE ASSEMBLY OF ONTARIO. <st^. TORONTO:WARWICK ERGS & RUTTER, PRINTERS, &c., 68 & 70 FRONT STREET WEST. 1897. UNIVERSITY OF TORONTO. REPORT STANDING COMMITTEE ON FINANCE Toronto, 5th Nov., 1897. The Standing Finance Committee beg to submit their report for the year ending30th June. 1896 : 1. They have obtained from the Bursar the estimates of the receipts on incomeaccount for the year; and from the Bursar and the heads of University departmentsthey have received estimates of the probable expenditures for the year. 2. They also incorporate in their report, for the sake of convenience, the estimatesf University College, which have been furnished to the Committee for their informationky the Council of University College. 3. The forms of account which were employed in last years report have been adhered», and for the purpose of comparison the actual results of the transactions of the year1896-7 are given. 61 Victoria. Sessional Papers (No. 37). A. 1898 Estimated Revenue, Ye


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