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CHAP. 02.

An Act respecting the Esquimalt and Nanaimo
Railway Company.

[Assented to 11th May, 1906.)

WHEREAS the Esquimalt and Nanaimo Railway Company Preamble. has by its petition prayed that it be enacted as herein- 1884, c. 6; after set forth, and it is expedient to grant the prayer of the 1888, c. 89; said petition: Therefore His Majesty, by and with the advice 1905, c. 90. and consent of the Senate and House of Commons of Canada, enacts as follows:

extended.

1. The Esquimalt and Nanaimo Railway Company, herein- Time for after called "the Company," may construct and complete the construction extension of its main line to Comox, and the branches which by its Act of incorporation it was authorized to construct, within four years after the passing of this Act; provided that as to so much thereof as is not completed within that period the powers of the Company shall cease and determine.

2. The Company may lay out, construct and operate the Lines following railway and branches:

(a.) a railway from Comox to a point at or near Campbell River;

(b.) a branch from a point on its main line at or near Duncans to a point at or near the town of Alberni, via Cowichan Valley;

(c.) a branch from a point on its main line at or near Englishman's River to a point at or near Alberni Canal;

(d.) a branch from a point on its main line at or near Comox, via Cumberland, south-westerly to a point at or near Alberni Canal.

authorized.

3. The railway and each of the branches mentioned in section Time for 2 of this Act shall be commenced within two years and com-limited.

construction

pleted within five years after the passing of this Act, otherwise the powers hereby granted for their construction shall cease as to so much thereof as then remains uncompleted.

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

CHAP. 93.

An Act respecting the Essex Terminal Railway

Company.

[Assented to 1st June, 1906.]

WHEREAS the Essex Terminal 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: 1902, c. 62; Therefore His Majesty, by and with the advice and consent of 1904, c. 76. the Senate and House of Commons of Canada, enacts as fol

lows:

1. Section 5 of chapter 62 of the statutes of 1902, being an 1902, c. 62, Act to incorporate the Essex Terminal Railway Company, is new s. 5. repealed, and the following is substituted therefor:

"5. The head office of the Company shall be in the town of Head office. Walkerville, in the county of Essex."

extended.

2. The Essex Terminal Railway Company may commence Time for the construction of its railway and expend fifteen per cent of construction the amount of its capital stock thereon within two years after the passing of this Act, and may complete the said railway and put it in operation within five years after the passing of this Act; and if the said railway is not so commenced and such expenditure is not so made, or if the said railway is not completed and put in operation, within the said periods respectively, the powers of construction conferred upon the said Company by Parliament shall cease and be null and void as respects so much of the said railway as then remains uncompleted.

3. Section 4 of chapter 76 of the statutes of 1904 is repealed. 1904, c. 76, s. 4 repealed.

OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the King's

most Excellent Majesty.

CHAP. 94.

An Act respecting the Farmers Bank of Canada.

[Assented to 26th June, 1906.]

THEREAS the provisional directors of the Farmers Bank of Preamble. Canada, have by their petition prayed that it be enacted as

hereinafter set forth, and it is expedient to grant the prayer 1904, c. 77; of the said petition: Therefore His Majesty, by and with the 1905, c. 92. advice and consent of the Senate and House of Commons of Canada, enacts as follows:

certificate of

1. Notwithstanding anything in The Bank Act, or in chapter Time for 77 of the statutes of 1904, incorporating the Farmers Bank of giving Canada, or in chapter 92 of the statutes of 1905 extending the Treasury time for obtaining the certificate required by section 14 of The Board Bank Act, the Treasury Board may, within six months after the eighteenth day of July, nineteen hundred and six, give to the said Bank the certificate required by section 14 of The Bank Act.

extended.

certificate

2. In the event of the Bank not obtaining the said certificate Powers to from the Treasury Board within the time aforesaid, the rights, cease if powers and privileges conferred on the said Bank by the said not obtained. Act of incorporation and by this Act shall thereupon cease and determine, but otherwise shall remain, in full force and effect notwithstanding section 16 of The Bank Act.

OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the King's

most Excellent Majesty.

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