The foregoing is the second schedule to the annexed mortgage or deed of trust. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the King's most Excellent Majesty. CHAP. 122. An Act respecting the Quebec Oriental Railway Company. [Assented to 27th April, 1907.] 82; 'HEREAS the Quebec Oriental Railway Company has by Preamble. its petition represented that it was incorporated by chapter 82 of the statutes of 1903, of Quebec, which Act was amended Que., 1903, c. by chapter 53 of the statutes of 1905, and has prayed that it be 1905, c. 53. 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: works. 1. In this Act the expression "the Company" means the Declaratory body corporate and polit c heretofore created by the Act men- as to railway tioned in the preamble under the name of "The Quebec Oriental Railway Company," and the railway works which the Company has been empowered to undertake and operate are declared to be a work for the general advantage of Canada. 2. The Railway Act shall hereafter apply to the Company Railway Act and to the said works to the exclusion of any provisions of the to apply. said Act of incorporation inconsistent therewith, and in lieu of any of the provisions of any general Railway Act of the province of Quebec; but nothing herein shall affect or invalidate any action heretofore legally taken by the Company pursuant to the powers in its said Act of incorporation contained. 3. The head office of the Company shall be in the city of Head office. Montreal. 4. In lieu of the line of railway described in section 7 of Line of chapter 82 of the statutes of 1903 of Quebec, the Company may described. railway Time extended. Payment of claims ⚫ against certain railway companies. As to certain municipal bonuses. Purchase of certain railway and rights. lay out, construct and operate a railway of the gauge of four feet eight and one-half inches from a point on the Intercolonial Railway at or near Rivière du Loup, in the county of Temiscouata, to a point on the Intercolonial Railway at or near Matapedia, in the county of Bonaventure, passing in a northeasterly direction through the counties of Temiscouata and Rimouski, and through the northern part of New Brunswick and through the county of Bonaventure, in the parishes of St. François d'Assise and St. Alexis de Matapedia, in the said county of Bonaventure, reaching St. Laurent de Matapedia along the banks of the Matapedia River. 5. The Company may commence the construction of its railway and expend fifteen per cent of 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 Company by Parliament shall cease and be null and void as respects so much of the said railway as then remains uncompleted. 6. Should the Company acquire the lines of the Atlantic and Lake Superior and the Baie des Chaleurs Railway, by purchase, lease, transfer, judicial sale or otherwise, it shall be held liable for claims on those roads for labour, board, material, right of way, and damages, including undischarged and prescribed claims, to an amount not exceeding in the aggregate fifty thousand dollars,—the said amount, if insufficient to pay all such claims, to be distributed ratably in accordance with a report of a commissioner to be appointed by the Governor in Council for the purpose of determining the validity and amount of such claims. 7. Nothing in this Act shall be deemed to require the payment to the Baie des Chaleurs Railway Company or the Atlantic and Lake Superior Railway Company, or their or either of their successors, purchasers or assigns, of any bonus or subsidy heretofore authorized by any municipality to be paid to either of the said companies, and every such bonus and subsidy which has not heretofore lapsed shall be deemed to have lapsed upon the passing of this Act. 8. Subject to the provisions of sections 361, 362 and 363 of The Railway Act, the railway from Matapedia to a point between New Carlisle and Paspebiac, known as the Baie des Chaleurs section of the Atlantic and Lake Superior Railway Company and such other rights, privileges and assets of the Atlantic and Lake Superior Railway Company and of the Baie des Chaleurs Railway Company as are or may be charged on mortgage in favour of the trustees of the bondholders of both the said railway companies, may at any time after the passing of this Act, be purchased by the Company and may be sold by the said trustees to the Company upon such terms and conditions as may be agreed upon between the Company and the said trustees. 2. Such agreement may stipulate that the purchase price be payable in bonds, debentures, or debenture stock of the Company, and such bonds, debentures or debenture stock may be secured on the railway thus acquired. with other 9. Subject to the provisions of sections 361, 362 and 363 of Agreements The Railway Act, the Company may enter into agreements companies. with all or any of the companies hereinafter named for any of the purposes specified in the said section 361, such companies being the Grand Trunk Pacific Railway Company, the Temiscouata Railway Company, and the Atlantic, Quebec and Western Railway Company, and with the Government of Canada with respect to the Intercolonial Railway. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the King's most Excellent Majesty. |