This enactment authorizes Gore Mutual Insurance Company to apply to be continued as a body corporate under the laws of the Province of Quebec.

Preamble

Whereas Gore Mutual Insurance Company (“the Company”), having its principal place of business in the City of Cambridge, in the Province of Ontario, has set out in its petition

(a) that the Gore District Mutual Fire Insurance Company (“the provincial company”) was incorporated in 1839 under the laws of the Province of Upper Canada under the provisions of An Act to authorize the Establishment of Mutual Insurance Companies in the several Districts of this Province, chapter XVIII of the Statutes of Upper Canada, 6 William IV, 1836,

(b) that the Company was incorporated in 1937 by a special Act of Parliament, An Act to incorporate Gore District Mutual Fire Insurance Company, chapter 48 of the Statutes of Canada, 1937,

(c) that the Company acquired by agreement the provincial company and that, under the provisions of the special Act, the provincial company was then deemed to be merged into the Company,

(d) that, under the provisions of the special Act, the Canadian and British Insurance Companies Act applied to the Company,

(e) that the Company changed its name to Gore Mutual Insurance Company in 1959 by a special Act of Parliament, An Act respecting Gore District Mutual Fire Insurance Company, chapter 61 of the Statutes of Canada, 1959,

(f) that the Company is governed by the Insurance Companies Act,

(g) that the Company wishes to apply to be continued as a body corporate under the laws of the Province of Quebec,

(h) that the policyholders of the Company entitled to vote approved, by a two-thirds majority vote at an annual and special meeting of the Company, that the Company apply to be continued as a body corporate under the laws of the Province of Quebec and petition Parliament for authorization to do so, and

(i) that there is no legislative provision authorizing an insurance company incorporated under the laws of Canada to apply to be continued as a body corporate under the laws of a province;

And whereas the Company has by its petition prayed that it be permitted to apply to be continued as a body corporate under the laws of the Province of Quebec and it is expedient to grant the prayer of the petition;

Now, therefore, His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: