1. The name of the corporation is:
Toronto Free-Net Inc.
2. The address of the head office of the corporation is:
[The address in the Letters Patent is no longer valid.]
3. The head office of the corporation is situated in:
City of North York in the
Municipality of Metropolitan Toronto
4. Address of clubhouse or similar premises:
5. The applicants who are to be the first directors
of the corporation are:
[names only, excerpted from schedule "A" ]
6. The objects for which the corporation is incorporated are:
1. To offer free public access via electronic connection with
Metro Toronto to worldwide computer readable information.
2. To offer a means for information providers to disseminate their
information as widely and economically as possible.
3. To build new and support existing networks of information
4. To pursue alternative methods of information dissemination.
5. To facilitate user education where appropriate to other
6. To pursue any other means of fulfilling the goals of the
7. The special provisions are:
(a) The corporation shall be carried on without the purpose of
gain for its members, any profits or other acccretions to the
corporation shall be used in promoting its objects, and no part of
the income of the corporation shall be payable to or otherwise
available for the personal benefit of any member thereof.
(b) The directors shall serve as such without remuneration and no
director shall directly or indirectly receive any profit from his
or her position as such, provided that directors may be paid
reasonable expenses incurred by them in the performance of their
[clause (c) is from the supplementary letters patent, 4 April 1995]
(c) The directors of the Corporation shall be elected and shall
be retired in rotation. At the first meeting of the members for
the election of directors in rotation (a) all directors then in
office shall retire, but shall be eligible for re-election, and
(b) one-third of the number of directors (rounded upwards to the
nearest whole number) shall be elected to hold office for a term
of three (3) years fom the date of their election or until the
third annual meeting of members after such date, whichever last
occurs, one-half of the remaining number of directors (rounded
upwards to the nearest whole number) shall be elected for a term
of two (2) years from the date of their election or until the
second annual meeting of members after such date, whichever occurs
last, and the remaining number of the directors shall be elected
for a term of one (1) year from the date of their election or
until the first annual meeting of members after such date,
whichever last occurs. Thereafter, at each annual meeting of
members, directors shall be elected to fill the positions of those
directors whose terms of office have expired and each director so
elected shall hold office until the third annual meeting after his
or her appointment.
8. The names and addresses of the applicants are:
[names only, excerpted from schedule "B" ]
Copyright © 2003 Toronto Free-Net Inc.