Preamble Issue of land CHAP. 78. An Act to amend the Act incorporating the Alberta and [Assented to 23rd June, 1887.] HEREAS the Alberta and Athabasca Railway Company have presented a petition, praying that an Act may be passed granting to them additional powers, and for other purposes, 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: 1. In addition to the bonding powers given by the Act grant bonds. incorporating the said Company passed in the session held 48-49 V., c. 88. in the forty-eighth and forty-ninth years of Her Majesty's lands. reign and chaptered eighty-eight, the directors of the Company, under the authority of a vote of a two-thirds majority of the shareholders, present or represented at a special general meeting called for that purpose,-at which meeting shareholders representing at least one-halfin value of the stock are present or represented by proxy,-are hereby authorized to issue special land grant bonds, under the seal of the Company, signed by its president or other presiding officer, and countersigned by its secretary or treasurer; and such bonds may be made payable at such times, and in such manner, and at such place or places, in Canada or elsewhere, and bearTo be the first ing such rate of interest as the directors think proper; and claim on the when so made such bonds shall constitute a first mortgage upon such lands, and shall attach upon them when they shall be granted, if they are not actually granted at the time Deed of mort- of the issue of such bonds: and such mortgage may be evidenced by a deed or deeds of mortgage to be executed under like authority to the deed securing the issue of bonds on the railway; and such deed or deeds under like authority may contain similar conditions and may confer upon the trustee or trustees named thereunder and upon the holders of the bonds secured thereby, remedies, authority, power and privileges and may provide for forfeitures and penalties, similar to those which may be inserted and provided for under the provisions of the Act hereby amended, in any deed securing the issue of bonds on the railway, together with such other provisions and conditions not inconsistent gage and what it contain. may with law or with the Act hereby amended as shall be so certain ex 2. The directors may make or issue shares as paid up Paid up stock stock, and pay or agree to pay in such paid up stock such in payment of sums as they deem expedient, to engineers or contractors, penses. or for right of way or material, plant or rolling stock. OTTAWA: Printed by BROWN CHAMBERLIN, Law Printer to the Queen's Most VOL. II-7 СНАР. Preamble. CHAP. 79. An Act respecting the Manitoba and North-Western [Assented to 23rd June, 1887.] WHEREAS the Manitoba and North-Western Railway Company of Canada have, by their petition, prayed that they may be authorized to build their branch railway from Binscarth, in the Province of Manitoba, instead of 49 V., c. 75. from Birtle, as provided by the Act forty-ninth Victoria, chapter seventy-five, section six, to the northern or western boundary of the said Province, and that the bonds issued by the Company on the said branch railway may be legalized and confirmed, 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: Section 6 repealed; new section. Branch line may be constructed. Issue of bonds ratified. 1. Section six of the Act passed in the forty-ninth year of the reign of Her Majesty, chapter seventy-five, is hereby repealed, and the following section is substituted in lieu thereof : "6. The Company may construct and operate a branch railway from Binscarth Station, on the main line of railway, to the northern or western boundary of the Province of Manitoba at a point north of the main line of the railway of the Company; and all the powers of the Company to issue bonds and to secure the same by mortgage, and for all other purposes, shall apply to such branch, or any other branch authorized to be built by the Company, as if it were a part of the main line." 2. And whereas the Company has made and issued certain first mortgage bonds, secured by a mortgage bearing date the seventeenth day of February, one thousand eight hundred and eighty-seven, on the branch railway of the Company commencing at Binscarth, in the Province of Manitoba, and running to the northern or western boundary of Manitoba, at a point north of the said main line, such bonds are hereby ratified and confirmed, and each of such bonds, to the amount of three thousand pounds sterling per mile of railway, shall be legal and binding upon the Company, according to the terms and effect of the said bonds. OTTAWA Printed by BROWN CHAMBERLIN, Law Printer to the Queen's Most Excellent Majesty. CHAP. CHAP. 80. An Act respecting the Manitoba South-Western Coloniza tion Railway Company. [Assented to 23rd June, 1887.] WHEREAS the Manitoba South-Western Colonization Preamble. Railway Company has, by its petition, represented that it has already completed a large portion of its line of railway, exceeding two hundred miles in length, and is desirous of proceeding with the construction of the same, but that the time limited by its charter for such construction expired during the present session of Parliament, and has prayed for an extension of the time for the completion of its railway; and whereas 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: Time for com pletion ex 1. The time for the completion of the railway of the Manitoba South-Western Colonization Railway Company, ended. fixed by its charter and by the Acts amending the same, is hereby extended, for the first fifty miles from its present point at Deloraine, until the first day of September, one thousand eight hundred and eighty-eight, and for the remainder of its line until the first day of September, one thousand eight hundred and eighty-nine. OTTAWA: Printed by BROWN CHAMBERLIN, Law Printer to the Queen's Most VOL. II-71 CHAP. Preamble. 43 V., c. 59 49 V., c. 73. CHAP. 81. An Act to consolidate and amend the Acts relating to the Winnipeg and Hudson's Bay Railway and Steamship Company, and to change the name thereof. W [Assented to 23rd June, 1887.] HEREAS the Winnipeg and Hudson's Bay Railway and Steamship Company was incorporated by an Act of the Parliament of Canada passed in the forty-third year of Her Majesty's reign, and intituled "An Act to incorporate the Winnipeg and Hudson's Bay Railway and Steamship Company," and the said Act of incorporation was amended by the Act passed in the forty-seventh year of Her Majesty's 47 V., c 70. reign, intituled "An Act to amend 'An Act to incorporate the Winnipeg and Hudson's Bay Railway and Steamship Company," and by the Act passed in the forty-ninth year of Her Majesty's reign, intituled "An Act to amend the Acts relating to the Winnipeg and Hudson's Bay Railway and Steamship Company"; and whereas the said Winnipeg and Hudson's Bay Railway and Steamship Company was duly organized under the said Act of incorporation and the Acts amending the same; and whereas the said Company has constructed and completed forty miles of the railway thereby authorized to be constructed and completed by the said Company; and whereas the said Company is making financial arrangements for the completion of the remainder of the said railway from Winnipeg to Hudson's Bay, and has, by its petition, prayed for the passing of an Act to consolidate and amend its said Act of incorporation and the Acts amending the same, and to change the name of the said Company; and it is deemed expedient, in order to facilitate the undertaking of the said Company, 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: Short title. Incorporation name chang 1. This Act shall be known as "The Winnipeg and Hudson Bay Railway Act." 2. The corporation heretofore known as the Winnipeg continued and and Hudson's Bay Railway and Steamship Company, as at present constituted, shall be a body corporate and politic, by the name of the Winnipeg and Hudson Bay Railway ed. Company, |