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me iesns cair ao; ding for' the continuance of the 'Torontc 'Regist y. Officer~ _ The p:;f _ment of a grant of $4,000 to the Tuberculosis ~Hospital, Ottawa, was also provided for, while power was vested in the Provincial Treasurer to invest endowment funds for public charities and educational institutions in Ontario Government stock paying 4 per cent. interest. A further clause in the bill placed the Lundy Lane Park under the control of the Qucen Victoria® Niagara Falls Park Com-- missioners. _ _ The last section of the act contained 1&1\ important amendment to the Un-! tario insurance act with regard to| !the liability of directors. The trans--| 'fer of shares not fully paid up wlth-i | out the consent of the directors is pro-- | hibited. Should such a transfer lw! made to a person who is not ap-- parently of sufficient means to meet | his obligation in respect of the shares, | the directors are made liable for the unpaid amount, unless notification is given to the Insurance Department and the fact advertised in a news-- paper that liability in cach particular| instance is disclaimed. !