facility Act, without or otherwise than in accordance with the previous consent of the holders of Class A shares, to be testified by some Petition under the hands of three or more of the Directors for Class A shareholders, to the Assembly of this Province. SCHEDULE. Form of Warrant to summon Jury. To the Sheriff, Deputy Sheriff, or any Constable of the County of You are hereby commanded to summen a Jury of five disinterested freeholders of your County on the at day of of the clock in the noon, and then and there to assess the damages (if any) which A. B. alleges he has sustained by reason of the works and operations of the Saint Andrews and Quebec Railroad Company through and upon his lands. Given under our hands and seals the A. D. one thousand eight hundred and (B) day of Scale of Fees in proceedings before Justices upon assessing damages under the foregoing Act: To the Justices. Warrant to summon jury, two shillings and six pence. For every subpoena, six pence. For every copy thereof, three pence. Every adjournment made at the instance of the party, one shilling. Trial and judgment, two shillings and six pence. Swearing jury, one shilling. Execution or distress warrant, one shilling and six pence. To the Sheriff or Constable. Summoning jury, five shillings. Attendance on jury, one shilling. For all other services same as fixed by law in civil cases before Justices of the Peace. To Witnesses. Attendance and travel same as in civil cases before Justices of the Peace. To Jurors. Each Juror sworn on inquiry, two shillings. 14th VICTORIA-CHAPTER 36. An Act to facilitate the construction of a Railway from Saint Andrews to Quebec. Section. 1. On what conditions Province to take stock and issue Debentures, and to what extent. 2. Debentures, description of. 3. When redeemable. Section. 4 How certificates of shares held, and Directors appointed. 5. Application of dividends, &c. What Revenue pledged. 6. Act, when may be altered. 7. Suspending clause. Passed 28th March 1851. Be it enacted, &c.-1. When the shareholders of the Saint Andrews and Quebec Railroad Company shall pay into their Treasurer at least the sum of two thousand pounds sterling, and it shall be satisfactorily proved to the Lieutenant Governor in Council that such sum has been actually paid in, and is ready to be expended in the construction within this Province of a Railway from Saint Andrews to Woodstock, the Provincial Treasurer shall be authorized by the Lieutenant Governor in Council to subscribe on behalf of the Province for shares in the said Company to the like amount, and in payment therefor to deliver to the said Company special Certificates of Debt, to be called Debentures, bearing interest at a rate not exceeding six per cent. per annum, the principal money redeemable in thirty years; and so from time to time when it shall be satisfactorily proved to the Lieutenant Governor in Council that the sums theretofore subscribed and paid in by the shareholders of the said Company, and the proceeds of the Debentures previously delivered, have been expended in the construction of the said Railway, and that a further sum of at least two thousand pounds sterling has been actually paid in by the shareholders, and is ready to be expended in like manner, the Provincial Treasurer shall again be authorized to subscribe on behalf of the Province for shares in the said Company, to an equal amount with the sum so paid in and ready to be expended, and also to pay in full for such shares by a further delivery of Debentures; provided always, that the amount of shares in the said Company subscribed and paid for by the Provincial Treasurer in any one year shall not exceed the sum of twenty thousand pounds sterling, and in the whole shall not exceed the sum of fifty thousand pounds sterling. Proviso repealed by 15th Vic. cap. 55. 2. The Debentures shall be in the form in the Schedule annexed, they shall be signed and sealed by the Lieutenant Governor, and countersigned by the Provincial Treasurer; they shall be numbered consecutively, beginning with number one, and shall be issued for such sums from one hundred to one thousand pounds sterling, as may be deemed expedient; the interest thereon shall be paid half yearly, either in London, New York, or Saint Andrews, at the option of the holder, who shall give to the Provincial Treasurer six months notice in writing at which of the places named he wishes to receive interest on the Debentures he holds; provided always, that whenever such interest is paid in New York, it shall be at the rate of four dollars and eighty cents for the pound sterling, and when at Saint Andrews, at twenty four shillings currency for the pound sterling. 3. The principal money of such Debentures shall be paid in full at the end of thirty years to the then holders thereof, at the same places and on the same terms as the interest is made payable. 4. The Certificates of Shares in the Saint Andrews and Quebec Railroad Company to be from time to time delivered by the Company to the Provincial Treasurer, shall be held by him for and on behalf of the Province, as public property; and while such shares are so held no vote thereon shall be given at any meeting of the Company, nor shall there be any interference with or control over the management or business of the said Company on account thereof, by the Government; and no interest shall be paid to or claimed by the Province on such shares in consideration of their having been paid for in full at the time of subscription. Proviso repealed by 16th Vic. cap. 50. 5. The dividends arising from the shares in the said Company held by the Provincial Treasurer, shall be applied toward the payment of interest on the said Debentures, and at the expiration of thirty years, when such Debentures become pay able, the said shares shall be sold and disposed of, and the proceeds be applied toward the payment of the same; and the faith and credit of this Province, and the ordinary revenues thereof, and the amount or proceeds of any special impost which may hereafter be levied and collected for the paying off such Railway Debentures, and the interest thereon, shall be and hereby are declared pledged to any and every holder of the same for payment of interest as it becomes due, and for payment of the principal money at the expiration of the time limited for payment of the said Debentures, as they severally fall due. 6. This Act may be altered and amended during the present Session. 7. This Act shall not come into operation or be in force until Her Majesty's Royal approbation thereof be first had and declared. Form repealed and another substituted by 15th Vic. cap. 55. [This Act was specially confirmed, ratified, and finally enacted, by an Order of Her Majesty in Council dated the 25th day of June 1851, and published and declared in the Province the 9th day of July 1851.] 15th VICTORIA-CHAPTER 55. An Act to amend the Act to facilitate the construction of a Railway from Saint Andrews to Quebec. Section 1.-Provincial Shares Debentures on new conditions and forms. Passed 7th April 1852. WHEREAS it is expedient to amend an Act made and passed in the fourteenth year of Her Majesty's Reign, intituled An Act to facilitate the construction of a Railway from Saint Andrews to Quebec, in certain particulars ; Be it therefore enacted, &c. as follows:-1. The last proviso contained in the first Section of the said recited Act, in these words-"Provided always, that the shares to be delivered to "the Provincial Treasurer on account of the Province, shall "be of the same class and description as those paid up by the "shareholders of the Company, for the purposes of this Act," be and the same is hereby repealed; provided always, that no further Debentures shall issue under the provisions of this or the said recited Act, until it be made satisfactorily to appear to the Lieutenant Governor in Council, that a bona fide contract or contracts has or have been entered into for the completion of the said Railway, from, at, or near Waweig to Woodstock in the County of Carleton; provided that the following shall be the form of Debentures referred to in the said recited Act, and Coupons shall hereafter be annexed thereto, instead of the form prescribed in the Schedule to the said Act : PROVINCE OF NEW BRUNSWICK. No. £100 Sterling Debenture. £100 Sterling transferable. Under the authority of the Legislature of the Province of New Brunswick. day of The Government of New Brunswick promise to pay to the bearer, the sum of one hundred pounds sterling, thirty years from and after the likewise the interest from the same date, at the rate of six per cent. per annum, to be paid half yearly on presentation of the proper Coupons for the same, as hereunto annexed, on the day of in each year, at the office of In testimony whereof, the Lieutenant Governor of the Province of New Brunswick, on behalf of the said Province, and by virtue of the authority vested in him by an Act of the General Assembly of the same, intituled An Act to facilitate the construction of a Railway from Saint Andrews to Quebec, which Act has been approved and allowed by Her Majesty, has hereunto set his Hand and affixed his Seal of Office, at Fredericton, in the Province of New Brunswick, this day of A. D. 185. Countersigned by the (Signed) Provincial Treasurer. COUPON. PROVINCE OF NEW BRUNSWICK. £3 Sterling. £3 Sterling. Half yearly interest dividend due on Debenture No. issued under the authority of the Provincial Legislature for one hundred pounds sterling, payable at the office of in London. In testimony whereof, the Lieutenant Governor [and so forth, as in the preceding form.] |