1892. Montreal and Lake Maskinongé Ry. Co. Chap. 48. quired. in Council and by two-thirds of the votes of the shareholders Approval reof the Company present or represented at a special general meeting duly called for the purpose, and after notice published in the Canada Gazette and in one newspaper in each of the counties of Joliette and Berthier, at least two weeks before the date of the said meeting. OTTAWA Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty. Preamble. Time for con struction extended. 55-56 VICTORIA. CHAP. 49. An Act respecting the Montreal and Western Railway Company. [Assented to 9th July, 1892.] HEREAS the Montreal and Western Railway Company has by its petition prayed for the passing of an Act further extending the time for the completion of its railway, and it is expedient to revive the Acts of the Parliament of Canada relating to the Company and 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. Subject to the provisions of this Act, chapter eighty-two of the Statutes of 1873, intituled An Act to empower the Montreal Northern Colonization Railway Company to extend its line from Deep River to a point of intersection with the proposed Canadian Pacific Railway; and also to extend its line to Sault Ste. Marie, the Georgian Bay and Lake Superior, or to unite its line with any line of Railway extending to the points above mentioned; chapter sixty-eight of the Statutes of 1875, intituled An Act respecting the Montreal Northern Colonization Railway Company; and chapter sixty-two of the Statutes of 1883, intituled An Act respecting the Montreal, Ottawa and Western Railway Company, and to change the name thereof to "The Montreal and Western Railway Company," are hereby revived and declared to be in force, and the time limited by the last mentioned Act for the completion of the railway of the Company is hereby extended for five years from the passing of this Act; and if the railway is not completed within the time mentioned, then the powers granted for the construction thereof shall cease and be null and void as respects so much of the railway as then remains uncompleted. OTTAWA Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty. W 55-56 VICTORIA. CHAP. 50. An Act respecting the Nicola Valley Railway Company. [Assented to 12th April, 1892.] umbia). WHEREAS the Nicola Valley Railway Company was Preamble. incorporated by an Act of the Legislature of the province of British Columbia passed in the fifty-fourth year of Her Majesty's reign, chapter fifty-nine, intituled An Act to incor- 54 V., c. 59 porate the Nicola Valley Railway Company; and whereas the (British ColCompany is authorized to build its railway from a point at or near Spence's Bridge, on the line of the Canadian Pacific Railway Company, thence running in a south-easterly direction and following the valley of the Nicola River and terminating at a point at or near the western extremity of Nicola Lake, with a branch commencing at or near the junction of the Coldwater and Nicola Rivers and extending in a southerly direction along the valley of the Coldwater River to a point at or near the junction of the Voght and Coldwater Rivers; and whereas the Company has by its petition prayed that its railway be declared to be a work for the general advantage of Canada, and that certain additional powers, as hereinafter set forth, be conferred on the Company; 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. The Nicola Valley Railway is hereby declared to be a Declaratory. work for the general advantage of Canada. 2. The Nicola Valley Railway Company, hereinafter called Act of local "the Company," is hereby declared to have all the franchises, remain valid. legislature to rights, powers, privileges and authorities conferred upon it by the Act of the Legislature of the province of British Columbia cited in the preamble to this Act, but subject to all debts, obligations or liabilities of the Company, and to any rights in any suit or action now pending in any of the courts of British Columbia: Provided that The Railway Act of Canada shall apply The Railway Additional powers. Amount of bonds, &c., limited. instead of The British Columbia Railway Act, to all matters and things to which The Railway Act of Canada would apply if the Company had originally derived its authority to construct and operate its railway from the Parliament of Canada, and as though it were a railway constructed, or to be constructed, under the authority of an Act passed by the Parliament of Canada. 3. In addition to the powers conferred by section two of the said Act of incorporation, the Company may lay out, construct and operate an extension of its line of railway from a point at or near the western extremity of Nicola Lake by way of Douglas Lake, Grande-Prairie, Vernon, Coldwater Valley, Cherry Creek Mines and Fire Valley to Arrow Lake, thence along Arrow Lake to connect with the Columbia and Kootenay Railway at Robson. 4. The Company may issue bonds, debentures or other securities to the extent of twenty-five thousand dollars per mile of the railway and branches, and such bonds, debentures or other securities may be issued only in proportion to the length of railway constructed or under contract to be constructed. OTTAWA Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty. 55-56 VICTORIA. CHAP. 51. An Act respecting the Nipissing and James Bay Railway Company. [Assented to 10th May, 1892.] IIEREAS the Nipissing and James Bay Railway Company Preamble. has, by its petition, prayed for certain amendments, as hereinafter set forth, to the Acts respecting the Company, 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: ment of first 1. The commencement of the first section of the railway of Commencethe Nipissing and James Bay Railway Company, hereinafter section of railcalled "the Company," shall be from some point at or near way changed. North Bay, on Lake Nipissing, instead of from some point at or near the junction of the Northern and Pacific Junction Railway with the Canadian Pacific Railway, as provided in section one of chapter seventy-seven of the Statutes of 1886. 80 of 1884, amended. 2. Section thirteen of chapter eighty of the Statutes of 1884 Section 13, c. is hereby amended by striking out the words "twenty thousand" in the sixteenth line thereof and substituting therefor the words "twenty-five thousand." 3. The Company may sell that portion of its line at present Power to sell under construction from the junction of the Northern and part of line. Pacific Junction Railway with the Canadian Pacific Railway. to the town line between the townships of Ferris and Widdifield to the said Northern and Pacific Junction Railway Company or to the Grand Trunk Railway Company of Canada with all the improvements thereon, provided that the agree ment for such sale has been first sanctioned by two-thirds of the votes at a special general meeting of the shareholders duly called for the purpose of considering the same, at which meeting shareholders representing at least two-thirds in value of the stock are present in person or represented by proxy; and the said portion of its line, if so sold, shall not be subject to any Saving clause. lien or charge for any bonds thereafter issued by the Company. |