The purposes for which incorporation is conferred on the Company are:

  1. To protect and preserve the traditions and heritage of the 3rd Field Artillery Regiment (The Loyal Company).
  2. Hold, maintain, account and administer, either in trust, or in the Company’s own right, all Regimental artifacts, including, but not limited to trophies, pictorial archives, historical uniforms, historical documents, memorabilia, copyrights of Regimental publications, and other items of historical importance or value to the Regiment.
  3. To generate, foster, and promote the esprits de corps of the Regiment.
  4. To raise and administer funds to provide for the continuing operations of the Company.
  5. To maintain liaison with all levels of government in order to facilitate their better understanding of the aims, objects and purposes of the Company and the Regiment.
  6. To maintain liaison with pertinent associations and organizations such as The Royal Canadian Artillery Association and The Conference of Defence Associations, that will foster and improve the Regiment.
  7. To act, upon request, as advisor on any and all Regimental matters, including Regimental properties, the Regimental museum, and the Regimental archives.
  8. To receive reports from the Commanding Officer of the Regiment and to provide advice thereon upon request.
  9. To do all such things as are incidental or conducive to the attainment of the above objects and in particular:
    • to acquire, accept, solicit or receive, by purchase, lease, contract, nation,legacy, gift, grant, bequest or otherwise, any kind of real or personal property, and to enter into and carry out agreements, contracts and undertakings incidental thereto;
    • to acquire by purchase, lease, devise, gift and other title, and to hold, any real or personal property necessary for the carrying on of its undertaking, and to sell, lease, dispose of and convey the same or any part thereof as may be considered advisable;
    • to demand, receive, sue for, recover and compel the payment of all sums of money that may become due and payable to the Company, and to apply the said sums for the objects and purposes of the Company, and generally to sue and be sued;
    • to enter into arrangements with any public authority that may seem conducive to the Company’s objects and to obtain from such authority any rights, privileges and concessions;
    • to draw, make, accept, discount, execute and issue bills of exchange, promissory notes and other negotiable or transferrable instruments;
    • to employ and pay such assistants, clerks, agents, representatives and employees, and to procure, equip, and maintain such offices and other facilities, and to incur such reasonable expenses as may be necessary; and
    • to make and adopt by-laws, rules and regulations for the admission, suspension and expulsion of its members and for the collection of fees, and dues and for the election and appointment of its directors and officers, and to define their duties; and
    • to exercise all the powers set forth in subsection 18(2) of the Companies Act as fully as if such powers were expressly set out herein.