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| This Act is current to August 26, 2025 |
[Prepared for convenience by the Office of Legislative Counsel. Note: This Act has not been revised as part of the Revised Statutes 1996. References in this Act to other Acts may be references to earlier Revised Statutes or to Acts not consolidated in a general revision of statutes, depending on when the provision of this Act containing the reference was enacted or amended.]
Assented to April 18, 1951
| Contents | ||
|---|---|---|
| 1 | Short title | |
| 2 | Provision for Hospital Building Fund | |
| 3 | Validation of agreement accepting easement for Georgia Viaduct | |
| 4 | Authority to issue debentures payable in currency of U.S.A. | |
2 The Council of the City of Vancouver having made provision for two million five hundred thousand dollars of its proposed share of three million dollars in the building development programme of the Vancouver General Hospital, the said Council, in order to provide for the balance of five hundred thousand dollars, shall, for a period of five consecutive years commencing 1951, provide the sum of one hundred thousand dollars in each of the said years.
1951-108-2.
3 Notwithstanding anything contained in the "Vancouver Incorporation Act, 1921," or any other Act:—
(a) The agreement entered into on the ninth day of February, 1951, and made between Frank Wallace Walsh as party of the first part, the City of Vancouver as party of the second part, and British Columbia Electric Company Limited as party of the third part, wherein the City of Vancouver is granted an easement of public right-of-way and for public utility purposes over a 0.287-acre portion of Lot 2, District Lot 2037, Group 1, New Westminster District, Plan No. 5568, and which further provides terms of settlement of an action with respect to the title to the said lands, is hereby validated and confirmed, and the parties thereto are hereby empowered and authorized to carry the same into effect accordingly; and the District Registrar of Titles at Vancouver, British Columbia, is hereby authorized and directed to register the said agreement as a charge against the lands affected thereby:
(b) It shall be lawful, and it is hereby declared always to have been lawful, for the City of Vancouver to accept rights less than the fee-simple with respect to any lands heretofore or which may be hereafter required for the construction, reconstruction, or renewal of Georgia Viaduct from Main Street to Beatty Street in the City of Vancouver aforesaid; and no provision of any agreement at any time entered into between the City and any other person with reference to Georgia Viaduct aforesaid, or any lands over which the said viaduct crosses, shall be deemed invalid by reason only of the absence of the vesting in fee-simple in the City of Vancouver of the said viaduct or the said lands; and it is hereby declared that the City has not, and shall not hereafter acquire, any estate, right, title, or interest in or to any of the said lands by reason only of one or more of the following causes: The expenditure of public money thereon or the existence thereon of a public street, road, square, lane, bridge, or other highway or public place.
1951-108-3.
(a) Notwithstanding the provisions of any Act, the Council shall have power, and shall be deemed always to have had power, to contract debts by borrowing money by the issue of debentures payable as to principal and interest in lawful money of the United States of America.
(b) For the purpose of the borrowing-powers of the city under any Statute, a dollar payable in lawful money of the United States of America shall be deemed to be the equivalent of a dollar payable in lawful money of Canada.
1951(2nd Sess.)-4-2.
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