Page images
PDF
EPUB

CHAP. 79.

An Act to incorporate the St. Mary's River Railway

WHEREA

Company.

[Assented to 14th June, 1900.]

WHEREAS a petition has been presented praying that it be Preamble. enacted as hereinafter set forth, and it is expedient to

grant the prayer of said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

tion.

1. Elliott T. Galt, Charles A. Magrath and Peter L. Nai- Incorporasmith, of the town of Lethbridge, William M. Ramsay, of the city of Montreal, and Alexander Ferguson, of the city of Ottawa, together with such persons as become shareholders in the company, are incorporated under the name of "The St. Mary's River Railway Company," hereinafter called "the Corporate Company."

name.

2. The persons named in section 1 of this Act are constitut- Provisional ed provisional directors of the Company.

directors.

3. The capital stock of the Company shall be five hundred Capital stock. thousand dollars, and may be called up by the directors from time to time as they deem necessary, but no one call shall exceed ten per cent on the shares subscribed.

4. The head office of the Company shall be in the town of Head office. Lethbridge, in the North-west Territories.

5. The annual meeting of the shareholders shall be held on Annual the third Wednesday in September in each year.

meeting.

6. At such meeting the subscribers for the capital stock Election of assembled, who have paid all calls due on their shares, shall directors. choose five persons to be directors of the Company, one or more of whom may be paid directors.

described.

7. The Company may lay out, construct and operate a Line of railway of any gauge from some point between Lethbridge railway and Stirling on the railway of the Alberta Railway and Coal

Conversion to standard gauge.

Branch lines.

Bond issue limited.

Agreement

with another company.

Approval of

shareholders

and Governor

in Council.

Notice of application

Company, to some point on the international boundary line, between ranges 24 and 30, west of the fourth meridian, in the North-west Territories.

2. In the event of the railway, or any portion thereof, being in the first instance constructed of a gauge of less than four feet eight and one-half inches it may be converted by the Company into the standard gauge.

3. The Company, with the approval of the Governor in Council first had and obtained, may also lay out, construct and operate any branch lines or extensions that may be necessary from any point on its main line, but such branch lines or extensions shall not exceed fifteen miles in length in any one case.

8. The Company may issue bonds, debentures or other securities to the extent of ten thousand dollars per mile of the railway and branches, and such bonds, debentures or other securities may be issued only in proportion to the length of railway constructed or under contract to be constructed.

9. The Company may enter into an agreement with the Canadian Pacific Railway Company or the Alberta Railway and Coal Company for conveying or leasing to such company the railway of the Company, in whole or in part, or any rights or powers acquired under this Act, as also the franchises, surveys, plans, works, plant, material, machinery and other property to it belonging, or for an amalgamation with such company, on such terms and conditions as are agreed upon, and subject to such restrictions as to the directors seem fit; provided that such agreement has been first approved by twothirds of the votes at a special general meeting of the shareholders duly called for the purpose of considering it,—at which meeting shareholders representing at least two-thirds in value of the stock are present or represented by proxy,-and that such agreement has also received the sanction of the Governor in Council.

2. Such sanction shall not be signified until after notice of for sanction. the proposed application therefor has been published in the manner and for the time set forth in section 239 of The Railway Act, and also for a like period in one newspaper in each of the electoral districts through which the railway of the Company runs, and in which a newspaper is published.

Agreement to be filed.

3. A duplicate of the agreement referred to in subsection 1 of this section, shall, within thirty days after its execution, be filed in the office of the Secretary of State of Canada, and notice thereof shall be given by the Company in The Canada Gazette, and the production of The Canada Gazette containing such notice shall be prima facie evidence of the requirements of this Act having been complied with.

OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty.

CHAP. 80.

An Act respecting the Salisbury and Harvey Railway

Company.

[Assented to 7th July, 1900.]

WE

HEREAS the Salisbury and Harvey Railway Company Preamble. has, by its petition, prayed that it be enacted as herein

after set forth, and it is expedient to grant the prayer of the 1891, c. 100. said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

described.

1. The Salisbury and Harvey Railway Company, herein- Lines of after called "the Company," may lay out, construct and railway operate branch lines of the gauge of four feet eight and onehalf inches from the Company's line of railway, as follows:

(a.) from Turtle Creek station in a southerly direction to Baltimore at or near the farm of Samuel Steeves, in the parish of Hillsborough, in the county of Albert, in the province of New Brunswick:

(b.) from Baltimore siding, in the parish of Hillsborough, in a north-easterly direction to the city of Moncton, in the county of Westmoreland:

(c.) from Baltimore siding, in the parish of Hillsborough, in a south-westerly direction to a point at or near Walters's oll works in the parish of Hillsborough.

of other

2. The Company may enter into an agreement to acquire Acquisition and operate all or any part of the railways of the Harvey railways. Branch Line Railway Company and the Alma and Harvey Railway Company, and also the capital stock, bonds, rights, franchises, powers, privileges and property, or any part thereof, of the said companies, in such manner and upon such terms and conditions as the directors deem expedient under the authority of the shareholders to them given at any special general meeting called for the purpose, at which meeting Approval of shareholders representing at least two-thirds in value of the shareholders subscribed stock of the Company are present or represented in Council. by proxy; provided however, that such agreement has also received the sanction of the Governor in Council.

and Governor

Notice of

application

2. Such sanction shall not be signified until after notice of for sanction. the proposed application therefor has been published in the manner and for the time set forth in section 239 of The Railway Act, and also for a like period in one newspaper in each of the counties through which the railway of the Company runs and in which a newspaper is published.

Agreement to

3. A duplicate of the agreement referred to in subsection 1 be filed with of this section, shall, within thirty days after its execution, be

Secretary of
State.

Exercise of powers of companies acquired.

1888, c. 29.

filed in the office of the Secretary of State of Canada, and notice thereof shall be given by the Company in The Canada Gazette, and the production of The Canada Gazette containing such notice shall be prima facie evidence of the requirements of this Act having been complied with.

3. With respect to either of the railways so purchased, as well as all other rights, franchises, powers, privileges and property thereof acquired therewith, the Company may, in addition to all the rights, franchises, powers and privileges conferred upon the Company by The Railway Act and the special Acts relating to the Company, exercise all the rights, franchises, powers and privileges conferred upon the Harvey Branch Line Railway Company or the Alma and Harvey Railway Company, as the case may be, by any special Acts.

OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty.

CHAP. 81.

An Act respecting the Schomberg and Aurora
Railway Company.

[Assented to 7th July, 1900.]

WHEREAS the Schomberg and Aurora Railway Company Preamble.

has, by its petition, prayed that it be enacted as herein

after set forth, and it is expedient to grant the prayer of the

said petition: Therefore Her Majesty, by and with the advice 1896 (1), c. 34. and consent of the Senate and House of Commons of Canada, enacts as follows:

authorized.

1. The Schomberg and Aurora Railway Company, herein- Extensions after called "the Company," may lay out, construct and of railway operate an extension of its railway, westward from a point in or near the village of Schomberg, in the county of York, through the townships of King, Tecumseth, Adjala, Mono, Amaranth and Melancthon, to a point in or near the village of Shelburne, in the county of Dufferin, thence through the townships of Melancthon, Proton, Artemesia or Egremont, and Glenelg to the town of Durham, in the county of Grey; also an extension eastward from the present eastern terminus of the Company's railway, through the townships of King, Whitchurch, Markham or Uxbridge, Pickering, Whitby and East Whitby, to the town of Oshawa, in the county of Ontario.

company.

2. The Company may enter into an agreement with the Agreement Metropolitan Railway Company for conveying or leasing to with another that company the railway of the Company, in whole or in part, or any rights or powers acquired under the Acts relating to the Company, as also the franchises, surveys, plans, works, plant, material, machinery and other property to it belonging, or for an amalgamation with such company, on such terms and conditions as are agreed upon, and subject to such restrictions as to the directors seem fit; provided that such agreement has Approval of been first approved by two-thirds of the votes at a special shareholders general meeting of the shareholders duly called for the purpose in Council. of considering it,—at which meeting shareholders representing at least two-thirds in value of the stock are present or represented by proxy,-and that such agreement has also received the sanction of the Governor in Council.

« PreviousContinue »