The present Act lays down provisions relating to certain leasehold interests within the City of St. John. The Act contains at the outset a definition clause referring to various terms therein employed, such as “ancient lease”, “arbitrator”, “building”, “city”, “commercial use”, “modern lease”. The text consists of 24 sections of which the most important ones are: City to acquire freehold (2.1); Modern lease (3); Ancient lease in residential use (4); Lease considered renewed (5); Ancient lease in