Page images
PDF
EPUB

fifth meridian, and thence north-easterly through sections 19, 20 and 29, township 49, range 26, west of the fifth meridian.

directors

5. The persons mentioned by name in the first section Provisional of this Act are hereby constituted provisional directors of the said company.

6. The capital stock of the company shall be two hundred Capital stock thousand dollars ($200,000.00) 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 share subscribed.

meeting

7. The annual general meeting of the shareholders shall Annual be held on the first Tuesday of April or at such time each year as the board of directors may determine.

8. At such meeting the subscribers for the capital stock Powers of assembled, who have paid all calls due on their shares, the company shall choose three persons to be directors of the company, one or more of whom may be paid directors of the company.

powers

9. The company may issue bonds, debentures, or other Bonding securities to the extent of twenty thousand dollars ($20,000.00) per mile of the railway and branches, and such bonds, debentures and other securities may be issued only in proportion to the length of railway constructed or under contract to be constructed.

Agreement

convey or

10. The company may enter into an agreement with with other another company or companies for conveying or leasing companies to to such company or companies the railway of the company lease hereby incorporated, in whole or in part, or any rights or powers acquired under this Act, as also the surveys, plans, works, plant, material, machinery and other property to it belonging, or for an amalgamation with such company or companies, on such terms and conditions as are agreed upon, and subject to such restrictions as to the directors seem fit; provided that such agreement 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 that such agreement has also received the approval of the Lieutenant. Governor in Council.

cars from

11. The company shall at all stations upon their railway Loading of always permit the loading of grain into their cars from farmers' farmers' vehicles or flat warehouses, subject to reasonable

vehicles

Time within which to

commence

and complete construction

Telegraph and Telephone lines

regulations to be made by the said company and approved by the Lieutenant Governor in Council, and shall at all reasonable times afford proper facilities therefor.

12. The company agrees to afford all reasonable facilities to any other railway company for the receiving and forwarding and delivery of traffic upon and from the line of railway belonging to or worked by such companies respectively, and the company shall not make or give undue or unreasonable preference or advantage to or in favour of any particular person or company, or any particular description of traffic in any respect whatsoever, nor shall the company subject any particular person or company, or any particular description of traffic, to any undue or unreasonable prejudice or disadvantage whatsoever, and the said company shall afford all due and reasonable facilities for receiving and forwarding by its railway all the traffic arriving by such other railway or railways without any unreasonable delay, and without any such preference or advantage or prejudice, or disadvantage as aforesaid, so that no obstruction is presented to the public desirous of using such railway as a continuous line of communication, and so that all reasonable accommodation by means of the railways of the several companies is at all times afforded to the public in that behalf, and any agreement made between the company and any other company or companies contrary to this agreement shall be null and void.

13. The construction of the railway hereby authorized shall be commenced within two years and shall be completed within five years from the date of the coming into force of this Act.

14. The company shall also have power for the purposes of its undertaking to construct and operate an electric telegraph line or lines and a telephone line or lines along the said railway, and to construct and maintain such bridges as shall be necessary or convenient for the use of said railway, not being bridges over any navigable river or rivers, unless such bridge or bridges over such navigable rivers or waters has or have been authorized by the Governor General in Council.

1913

CHAPTER 42.

An Act to amend Chapter 51 of the Statutes of Alberta, 1910 (Second Session), being an Act to incorporate "High River and Hudson's Bay Railway Company."

(Assented to March 25, 1913.)

WHEREAS a petition has been presented on behalf of the provisional directors of High River and Hudson's Bay Railway Company for an Act amending the Act of incorporation of the said company;

Therefore His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows:

1. Section 6 of chapter 51 of the Statutes of Alberta, 1910 (Second Session), is hereby amended by striking out the words and figures "Five hundred thousand ($500,000.00) dollars" where the same occur in the first and second lines of said section 6 and substituting therefor "Two million five hundred thousand ($2,500,000.00) dollars" and by striking out the word "five" where it occurs in the second line of the said section and substituting therefor the word "twenty-five."

2. Section 8 of said chapter 51 of the Statutes of Alberta, 1910 (Second Session), is hereby amended by striking out the word and figure "Seven (7)" where it occurs in the third line of the said section and substituting therefor the word and figure "Nine (9).”

3. Section 9 of the said chapter 51 of the Statutes of Alberta, 1910 (Second Session), is hereby amended by striking out the words and figures "Eighteen thousand ($18,000.00) dollars" where they occur in the second line of the said section and substituting therefor the words and figures "Thirty thousand ($30,000.00) dollars."

4. Notwithstanding anything contained in The Railway Act or in said chapter 51 of the Statutes of Alberta, 1910 (Second Session) the time limited for the construction

of the railways of High River and Hudson's Bay Railway Company shall begin to run from the time when this Act comes into force, and for the purposes of section 68 of The Railway Act the date of the incorporation of the said company shall be deemed and taken to be the date when this Act comes into force.

1913

CHAPTER 43.

An Act to Incorporate the East Calgary Power Company.

(Assented to March 25, 1913.)

WHEREAS a petition has been presented, praying for Preamble

the incorporation of a company to build, erect, buy or lease, control and operate any natural gas, or gas, electric light, heat or power plants, and for powers incidental thereto, 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 Legislative Assembly of the Province of Alberta, enacts as follows:

1. James R. Sutherland, farmer; John Breckenridge, Incorporation contractor; William A. Lowry, financial agent; Malcolm D. Geddes, broker; Francis Duncan Beveridge, farmer; Stephen Beveridge, capitalist; William Egbert, physician; John McNeill, agent; Charles Creighton, agent; Harold Moore, architect; Olof Willison, merchant; John J. Cameron, broker; William Ross, capitalist; David S. Oughton, rancher, all of or near the City of Calgary in the Province of Alberta, together with such persons as become shareholders in the company hereby incorporated, are hereby constituted a body corporate under the name of The East Calgary Power Company, hereinafter called "the company."

2. The head office of the company shall be in the City Head office of Calgary, in the Province of Alberta, until changed by a vote of the shareholders.

3. The company may

Powers of

(a) Build, erect, buy or lease, control, or operate any the company
natural gas, or gas, electric light, heat or power
plants, and may purchase stock in any incorporat-
ed company carried on or formed for the purpose
of carrying on any of the said businesses;

gas

(b) Prospect for, develop, drill, bore, sink, mine, dig Prospect for
for, produce, procure, manufacture, buy, sell, use,
dispose of, and deal in natural gas, oil, and other
natural, artificial or manufactured fuel products.

« EelmineJätka »