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Rainbow Ranche Collection

Resolution of the Directors of the Rainbow Ranche Ltd., [1950] Rainbow Ranche 1950

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 THE RAINBOW RANCHE, Limited
Okanagan Centre, B.C.
HESOEOTIGN of the DIRECTORS of The RAINBOW RANCHE LIMXT13) consented to
and adopted in writing under the hands of all the Directors in lieu of
being passed at a meeting thereof,namely :-
That   The Rainbow Ranehe Limited hereby elects under subsection ( 1 )
of section    95A   of the Income Tax Aet to be assessed and to pay at tax
on an amount equal to its undistributed income on hand at the end of
the   1949 taxation year minus its tax-paid undistributed income as of
that time,   and that the manager James Goldie be author ized to sign
form   PCB   and to pay the estimated tax of   #10,312.38 * ;^gj THE RAINBOW RANCHE, Limited
Okanagan Centre, B.C.
RESOLUTION of the DIRECTORS of The RAINBOW RANCHE LIMITED consented to
and adopted in writing under the hands of all the Directors in lieu of
being passed at a meeting thereof,namely :-.
That    The Rainbow Ranehe Limited hereby elects under subsection ( 1 )
of section    95A   of the Income Tax Act to be assessed and to payaa tax
on an amount equal to its undistributed income on hand at the end of
the    1949 taxation year minus its tax«*paid undistributed income as of
that time,    and that the manager James Goldie be author ized to sign
form   PC2    and to pay the estimated tax of   $10,312,32 #

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