same shall be wholly satisfied, cancelled, and discharged forever thereafter.

11. For the purpose of furnishing to the poor of the City of Saint John a gratuitous supply of water, if the Corporation of the City of Saint John shall erect, or cause to be erected within the said City, in such places as the Mayor, Aldermen, and Commonalty of the said City may deem most convenient and suitable, tanks, fountains, or hydrants, not exceeding six in number, the said Water Company shall, if tanks are constructed, fill with water such tanks once in every day for the free use of the poor of the said City; and if fountains or hydrants, then shall for two hours in each day furnish a free full flow of water through such fountains or hydrants for the like use; which tanks, fountains, or hydrants shall at all times be kept in repair and in good working order by the said Corporation of the said City; and should the said Corporation of the said City deem it expedient to erect or build a greater number of tanks, fountains, or hydrants than six, then the said Water Company shall be bound to furnish a full supply of water for such additional tanks, fountains, and hydrants, for the purpose aforesaid, on payment of such sum or sums of money as may be agreed and contracted for by the Corporation of the said City with the said Water Company.

12. In order to encourage subscription to the additional stock hereby created, the subscribers for such additional stock so created under and by virtue of this Act, shall from time to time, out of the net profits of the said Company, be entitled to receive a dividend of six per centum per annum upon such new stock from the date of the payment of such stock respectively, before any division of the profits of the said Company shall be applicable to the original stock heretofore created; but no dividend exceeding six per centum shall be payable on such new stock, until the proprietors of such original stock shall receive the like sum of six per centum per annum on such stock from the time of the passing of this Act, and when the net profits of said Company shall be more than sufficient to pay six per centum on both stocks, then any surplus of such profits shall be divided pro rata on all the stock of the said Company without distinction.

13th VICTORIA-CHAPTER 7.

An Act to amend an Act to increase the Capital Stock of the Saint John Water Company, and to provide a more efficient supply of Water in the City of Saint John.

Section.

1. Repeal of Section of what Act.

Section.

2. Additional shares, how paid.

Passed 11th April 1850.

WHEREAS in and by the third Section of an Act made and passed in the twelfth year of the Reign of Her present Majesty Queen Victoria, intituled An Act to increase the Capital Stock of the Saint John Water Company, and to provide a more efficient supply of Water in the City of Saint John, it was enacted that twelve and one half per cent. of the amount of each of such additional shares in the capital stock of the said Company should be paid to the Treasurer of the said Company within one year after the passing of the said Act, and the residue of each of the said additional shares should be paid by instalments of twelve and one half per cent. to the Treasurer of the said Company, at intervals of six months after the payment of the first instalment, until the whole amount of each of such additional shares should be fully paid up: And whereas a part only of the additional shares in the capital stock of the said Company has as yet been subscribed, and it is expedient to extend the time for the payment of the first instalment of the twelve and one half per cent. upon such additional stock ;—

Be it therefore enacted, &c.-1. The said recited Section of the said Act shall be and the same is hereby repealed.

2. Twelve and one half per cent. of the amount of each of such additional shares shall be paid to the Treasurer of the said Company within one year after the passing of this Act, at such time and in such place as the Directors of the said Company for the time being shall for that purpose appoint, of which thirty days public notice shall be given in two or more of the public Newspapers published in the City of Saint John; which said instalment the Directors of the said Company for the time being are hereby empowered and required to call in; and the residue of each of the said additional shares shall be paid by instalments of twelve and one half per cent. to the Treasurer of the said Company at intervals of one calendar month after payment of the first instalment, until the whole amount of each of such additional shares shall be fully paid up.

15th VICTORIA-CHAPTER. 71.

An Act further to increase the Capital Stock of the Saint John Water Company.

Section,

1. Increase of capital.

2 & 3. Repealed.

4. When shares may be sold.

Section.

5. Repealed.

6. Preference, what given, and to whom.

Passed 7th April 1852.

WHEREAS it has become necessary to increase the capital stock of the Saint John Water Company, to enable said Company to carry out their designs in relation to the carrying water through all the streets in the said City, by laying down pipes for that purpose ;

Be it therefore enacted, &c.-1. The shareholders of the Saint John Water Company shall be and are hereby authorized to increase the capital stock of the said Company to an amount not exceeding ten thousand pounds, which additional stock shall be divided into shares of five pounds each.

2 & 3. Repealed by 16 V. c. 53, s. 1.

4. In case default be made in payment of all or any of the instalments in the said additional shares, or any of them, it shall and may be lawful for the Directors of the said Company for the time being, within thirty days after any such default, forthwith to sell and dispose of any of the said additional shares on which such default may be made, at their discretion, to the best advantage, to any purchaser or purchasers of the same; and any instalment or instalments which previously to such default may have been paid on such additional shares, shall be forfeited to and become the property of the said Company. 5. Repealed by 16 V. c. 53, s. 1.

6. In order to encourage subscription to the additional stock hereby created, the subscribers for such additional stock created under and by virtue of this Act, shall, from time to time, out of the net profits of the said Company, be entitled to receive a dividend of six per centum per annum upon such new stock respectively from the date of the payment of such stock, before any division of the profits of the said Company shall be applicable to the original stock created before the passing of an Act made and passed in the twelfth year of the Reign of Her present Majesty, intituled An Act to increase the Capital Stock of the Saint John Water Company, and to provide a

more efficient supply of Water in the City of Saint John; but no dividend exceeding six per centum per annum shall be payable on such new stock, until the proprietors of such original stock shall receive the like sum of six per centum per annum on such stock from the time of the passing of this Act; and when the net profits of the said Company shall be more than sufficient to pay six per centum per annum on the original stock and the additional stock created by the said hereinbefore recited Act, and the further additional stock created by this Act, then any surplus of such profits shall be divided pro rata on all the stock of the said Company without distinction.

16th VICTORIA-CHAPTER 53.

An Act to amend an Act intituled An Act further to increase the Capital Stock of the Saint John Water Company.

1. What Sections of what Act repealed. 2. Additional shares, when sold.

Passed 3rd May 1853. Be it enacted, &c.-1. The second, third, and fifth Sections of an Act made and passed in the fifteenth year of the Reign. of Her present Majesty, intituled An Act further to increase the Capital Stock of the Saint John Water Company, be and the same are hereby repealed.

2. The additional shares of stock in the said Company created by the Act above recited, shall be disposed of, wholly or in part, by the Directors, as they may see fit, and shall be paid to the Treasurer of the said Company in such parts and portions, and at such time and times as the Directors of the said Company shall from time to time determine; and at least twenty days previous notice of payment being required for any one call shall be given in two or more of the Newspapers published in the City of Saint John.

17th VICTORIA-CHAPTER 56.

An Act to incorporate the Milltown Aqueduct Company, in the Parish of Saint Stephen.

Section-1. Corporation, how constituted, and powers.

Passed 1st May 1854.

Be it enacted, &c.-1. The proprietors of shares in the Aqueduct now constructed in Milltown, in the Parish of Saint Stephen, leading from a fountain near to and southerly of the residence of Joel Hill, into the village of Milltown, for the purpose of supplying certain dwelling houses, stables, &c., therein with water, be incorporated, and John M'Adam, George A. Boardman, Samuel Darling, Junior, Stephen H. Hitchings, Joseph E. Eaton, Edmund Smith, George B. Alward, Jesse Christie, Nathaniel Swell, Oliver R. Frost, Arthur Albee, James Bowes, George Hilts, Jesse Towers, Samuel Butler, and such other person or persons as now are or may hereafter become owner or owners of a share or shares in the said Aqueduct, shall be and they are hereby constituted a body corporate for the purpose aforesaid, by the name of "The Milltown Aqueduct Company," with all the general powers and privileges made incident to Corporations by Act of Assembly in this Province; provided always, that the real estate which said Corporation may at any time hold shall not exceed five hundred pounds.

17th VICTORIA-CHAPTER 58.

An Act to incorporate sundry persons by the name of The Petitcodiac Water Company.

WHEREAS it is thought the establishment of a Water Company at the Bend of Petitcodiac, in the County of Westmorland, would promote the interest and convenience of the inhabitants thereof, by the increasing and facilitating the means of procuring water therein;—