Page images
PDF
EPUB

CHAP. 50.

An Act respecting the Bay of Quinte Railway

Company.

[Assented to 14th June, 1900.]

WHEREAS the Bay of Quinte Railway Company has, by Preamble. its petition, prayed that it be enacted as hereinafter set forth, and it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice 1881, c. 46; and consent of the Senate and House of Commons of Canada, 1896, c. 15.

enacts as follows :—

1. The Bay of Quinte Railway Company, hereinafter called Powers. "the Company," may, in connection with its railway and for the purposes of its business,

(a.) acquire lands and erect, use and manage works, manu- Electric facture machinery and plant for the generation, transmission and other and distribution of electric power and energy and other motive

power;

motive power.

(b.) build and maintain power houses and stations for the Power houses. development of electrical force and energy and other motive

power;

(c.) locate, acquire, work and dispose of mines, mineral lands, Mining. minerals, mining rights, timber and timber lands and the products thereof, and develop such mines, and crush, smelt, reduce, amalgamate and dispose of the ore and products of any mine;

(d.) acquire exclusive rights in letters patent, franchises or Patent rights. patent rights for the purpose of the works and undertakings hereby authorized, and again dispose of such rights;

(e.) sell or lease any surplus power which the Company may Surplus develop or acquire either as water power or other motive power. power or by converting the same into electricity or other force for the distribution of light, heat or power or for all purposes for which electricity or other motive power can be used with power to transmit the same.

2. Notwithstanding anything contained in the Acts relating Head office. to the Company, the head office of the Company shall be in

Annual meeting.

Time for construction of railway extended.

the town of Deseronto, or in such other place in Canada as the directors from time to time determine by by-law.

3. The annual meeting of the shareholders shall be held on the second Monday in September in each year.

4. The time limited for the completion of the railway, branches and extensions is extended for five years from the passing of this Act, and if the said railway, branches and extensions are not then completed the powers granted by Parliament for such construction shall cease and be null and void as respects so much of the undertaking as then remains uncompleted.

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

CHAP. 51.

An Act respecting the Brandon and South-western
Railway Company.

[ocr errors]

[Assented to 14th June, 1900.]

and South-western Railway Preamble.

[ocr errors]

Company has, by its petition, prayed that it be enacted as hereinafter set forth, and it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

s. 3 amended.

1. Section 3 of the Act to incorporate the Brandon and 1890, c. 86, South-western Railway Company, being chapter 86 of the statutes of 1890, is amended by adding thereto the following subsection:

"2. The Company may also lay out, construct and operate Extension of a line of railway extending from the city of Brandon, or from railway. the point at or near the city of Brandon referred to in the preceding subsection, north-easterly to a point at or near the town of Gladstone, thence south-easterly to a point at or near the town of Carman, thence north-easterly to a point at or near the city of Winnipeg, and also a line of railway from the said point at or near the town of Carman southerly to the international boundary line between Canada and the United States in range 5 or range 6; also a line of railway from a point in township 6 or township 7, range 4 or range 5 south-westerly to the said international boundary line in township 1, range 16 or range 17, and also a line of railway from a point in township 5 or township 6, range 12 or range 13 south-easterly to the said international boundary line in township 1, range 11 or range 12."

2. Section 5 of the said Act is repealed, and the following New s. 5. is substituted therefor :

"5. The capital stock of the Company shall be two million Capital stock. 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."

New 8. 9.

Bond issue limited.

Section 10 repealed. Time for construction extended.

3. Section 9 of the said Act is repealed, and the following is substituted therefor :

"9. The Company may issue bonds, debentures or other securities to the extent of fifteen 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."

4. Section 10 of the said Act is repealed.

5. The time limited for the commencement of the railway of the Brandon and South-western Railway Company, and for the expenditure of fifteen per cent on the amount of its capital stock as required by section 89 of The Railway Act, is hereby extended for a period of two years from the first day of November, one thousand nine hundred, and if such expenditure is not so made or if the railway is not finished and put in operation within five years from the said first day of November, one thousand nine hundred, then the powers of construction granted to the said Company shall cease and be null and void as respects so much of the railway as then remains uncompleted.

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

CHAP. 52.

An Act respecting the British Columbia Southern
Railway Company.

[Assented to 7th May, 1900.]

WHEREAS the British Columbia Southern Railway Com- Preamble. pany has, by its petition, prayed that it be enacted as hereinafter set forth, and it is expedient to grant the prayer of the said petition: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

extended for

section.

1. The British Columbia Southern Railway Company may Time complete on or before the thirty-first day of December, completion of one thousand nine hundred and four, the western section of its western railway, being that portion thereof between the western terminus of its central section on the Lower Kootenay River and the coast, by the most convenient route to a favourable place for crossing the Fraser River to the city of New Westminster, such route to be first approved of by the Governor in Council, thence to a suitable terminus on Burrard Inlet, including a branch line to Nelson via Salmon River; and also a branch line from a point on its main line at or near the forks of Michel Creek, thence by way of Michel Creek to Martin Creek; provided that as to so much thereof as is not completed on or before that date the powers of the said Company shall cease and determine.

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

« PreviousContinue »