Слике страница
PDF
ePub

CHAP. 123.

An Act to incorporate the Quinze and Blanche River
Railway Company.

[Assented to 22nd March, 1907.]

WHEREAS a petition has been presented praying that it Preamble.

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:

tion.

1. E. H. Bronson, F. P. Bronson, Walter Bronson, Levi IncorporaCrannell, and H. W. Cole, all of the city of Ottawa, in the county of Carleton, in the province of Ontario, together with such persons as become shareholders in the company, are incorporated under the name of "The Quinze and Blanche River Corporate Railway Company," hereinafter called "the Company."

name.

2. The undertaking of the Company is declared to be a work Declaratory. for the general advantage of Canada.

3. The persons named in section 1 of this Act are constituted Provisional provisional directors of the Company.

directors.

stock.

4. The capital stock of the Company shall be five hundred Capital thousand dollars. No one call thereon shall exceed ten per cent on the shares subscribed.

5. The head office of the Company shall be in the city of Head office. Ottawa, in the province of Ontario.

6. The annual meeting of the shareholders shall be held on Annual the first Wednesday in September.

meeting.

7. The number of directors shall be not less than five nor Number of directors. more than nine, one or more of whom may be paid directors.

Line of railway described

Issue of securities.

Agreements with other companies.

Powers of
Company.
Vessels.

Lands, waterpowers, etc.

8. The Company may lay out, construct and operate a railway of the gauge of four feet eight and one-half inches from a point in the township of Dymond on the Timiskaming and Northern Ontario Railway, in the province of Ontario, to the mouth of the Des Quinze river (part of the Ottawa river) in the province of Quebec, thence to Des Quinze lake, in the province of Quebec.

9. The securities issued by the Company shall not exceed twenty thousand dollars per mile of the railway, and may be issued only in proportion to the length of railway constructed or under contract to be constructed.

10. Subject to the provisions of sections 361, 362 and 363 of The Railway Act, the Company may enter into agreements with the Canadian Pacific Railway Company and the Timiskaming and Northern Ontario Railway Commission for any of the purposes specified in the said section 361.

11. The Company may, for the purposes of its undertaking, build, purchase, hire or otherwise acquire, charter, own, control and operate steam and other vessels for the purposes of the Company; and may enter into agreements with owners of such vessels for any of such purposes.

12. In addition to the lands which the Company may, under The Railway Act, expropriate for railway purposes, the Company may also, for the purposes of its undertaking, acquire by purchase, utilize and develop lands, water-powers, rights, easements and privileges in the vicinity of its railway, and construct, maintain and operate dams, reservoirs, buildings, and works, including transmission lines, for the generation, transmission Electricity. and distribution of electricity for light, heat, power or any other purpose in connection with its railway, vessels and other properties and works, and for the purpose of supplying water for the use of its railway, vessels and other properties and works; and may supply, sell, or otherwise dispose of any surplus water, electric or other power or electricity so developed or generated and not required for the purposes of the Company.

Telegraphs and

13. The Company may, subject to the provisions of The telephones. Railway Act, construct and operate telegraph and telephone lines upon and along its railway, and establish offices for and undertake the transmission of messages for the public, and collect tolls therefor; and for the purposes of operating such lines, or exchanging or transmitting messages, may, subject to the said Act, enter into contracts with any companies having telegraph or telephone powers, and may connect its own lines with the lines of, or may lease its own line to, any such companies.

Approval of tolls.

2. No toll or charge shall be demanded or taken for the transmission of any message, or for leasing or using the telegraphs

or telephones of the Company, until it has been approved of by the Board of Railway Commissioners for Canada, who may also revise such tolls and charges from time to time.

3. The Telegraphs Act shall apply to the telegraphic business R.S., c. 126. of the Company.

municipality

cases.

14. Nothing in this Act shall authorize the Company to Consent of construct or operate any telegraph or telephone lines, or any in certain lines for the purpose of distributing electricity for lighting, heating or power purposes, or disposing of surplus power generated by the Company's works and not required for the undertaking of the Company, upon, along or across any highway or public place, without first obtaining the consent, expressed by by-law, of the municipality having jurisdiction over such highway or public place, and upon terms to be agreed upon with such municipality.

laws as to

15. The Company and its undertaking shall be subject to Provincial such provisions of any general Act now or hereafter passed by public health the legislatures of the provinces of Ontario or Quebec as pro- and safety. vide, in the interest of public health or safety, for the control and regulation of the transmission, distribution or supply of electricity in any form.

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

CHAP. 124.

An Act to incorporate the Residential Fire Insurance

Company.

[Assented to 22nd March, 1907.]

WHEREAS the persons hereinafter named have, by their Preamble.

petition, prayed that it be 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:

1. James M. Sinclair, Cecil H. Thompson, H. C. Hocken, IncorporW. J. Keens and A. H. Jeffrey, all of the city of Toronto, in the ation. province of Ontario, together with such persons as become shareholders in the company, are incorporated under the name of "The Residential Fire Insurance Company," hereinafter Corporate called "the Company."

name.

directors.

2. The persons named in section 1 of this Act, together with Provisional such persons, not exceeding six, as they associate with them, shall be the provisional directors of the Company, the majority of whom shall be a quorum, and they may forthwith open stock books, procure subscriptions of stock for the undertaking, make Powers. calls on stock subscribed and receive payments thereon; and they shall deposit in a chartered bank in Canada all moneys received by them on account of stock subscribed or otherwise received by them on account of the Company, and shall withdraw the said moneys for the purposes of the Company only; and they may do generally what is necessary to organize the Company.

3. The capital stock of the Company shall be one million Capital stock. dollars, divided into shares of one hundred dollars each.

2. The shares of the capital stock subscribed for shall be paid Calls. by such instalments and at such times and places as the directors

« ПретходнаНастави »