CHAP. 98.

An Act respecting the St. Clair and Erie Ship Canal

Company.

[Assented to 15th May, 1902.]

EREAS the St. Clair and Erie Ship Canal Company has, Preamble. 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 His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows :—

construction

1. The times limited for commencing and for finishing and Time for putting in operation the canal of the St. Clair and Erie Ship extended. Canal Company, are extended for two years and five years respectively from the passing of this Act, otherwise the powers 1899, c. 128. of constructing the said canal shall cease and be null and void with respect to so much of the said canal as then remains uncompleted.

OTTAWA: Printed by SAMUEL Edward Dawson, Law Printer to the King's most Excellent Majesty.

CHAP. 99.

An Act to incorporate the St. Lawrence and Northern
Railway Company.

WHE

[Assented to 15th May, 1902.]

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

tion.

1. P. E. Lane, of the city of New York, in the state of New IncorporaYork, François Siméon Tourigny, L. Edmond Dufresne, Alexander Houliston and P. Avila Gouin, all of the city of Three Rivers, in the province of Quebec, together with such persons as become shareholders in the company, are incorporated under the name of "The St. Lawrence and Northern Rail- Corporate way Company," hereinafter called "the Company."

naine.

2. The undertaking of the Company is declared to be a work Declaratory. for the general advantage of Canada.

3. The persons named in section 1 of this Act are constituted Provisional provisional directors of the Company.

directors.

4. The capital stock of the Company shall be one 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.

5. The head office of the Company shall be in the city of Head office. Three Rivers, or in such other place in Canada as the Company from time to time determines by by-law.

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

meeting.

7. At such meeting the subscribers for the capital stock Election of assembled, who have paid all calls due on their shares, shall directors.

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