into new. to incorporate the Queenston Suspension Bridge Company," or any 2 V., c. 119, Act amending the same, each and every share in the capital stock of the said Queenston Suspension Bridge Company and the amount paid upon the same shall, from and after the passing of this Act, be held to represent and be equal to the sum of fifty cents on the dollar and no more; and the shareholders shall be entitled to receive, in lieu of the old stock shares held by them respectively, new paid up stock shares at the rate of fifty cents in the dollar as aforesaid. Directors may issue bonds. Form, &c. Proviso: amount limited. Government, municipalities may assist 2. The Directors of the said Company are hereby authorized and empowered to issue bonds or debentures which shall be and form a first charge on the undertaking, lands, buildings and income of the Company, or any or all of them as may be expressed by the said bonds or debentures; and such bonds and debentures shall be in such form and for such amounts, and payable at such times and places as the Directors from time to time may appoint and direct. The said bonds and debentures shall be signed by the President or Vice President and countersigned by the Secretary, and shall have the corporate seal of the Company affixed thereto: Provided that the amount of such bonds and debentures shall not exceed the sum of seven hundred and fifty thousand dollars; but no such bonds shall be issued for a less sum than one hundred dollars. 3. It shall be lawful for the said Company to receive either by and others grant from the Government or from any individual or corporation, municipal or otherwise, either in Canada or elsewhere, as aid in undertaking. the construction of the said bridge, any lands in the vicinity thereof, or any other real or personal property, or any sum of money either as gift or by way of bonus or in payment of stock, and legally to dispose of the same, and alienate the lands or other real or personal property for the purposes of the said Company. Inconsistent enactments repealed. 4. All Acts and parts of Acts inconsistent herewith are hereby repealed. Preamble. W CHAP. 94 An Act respecting the Desjardins Canal [Assented to 23rd May, 1873.] HEREAS the Corporation of the Town of Dundas, the Desjardins Canal Company, the Great Western Railway Company and the Hamilton and Milton Road Company are desirous of entering into an amicable arrangement respecting the present difficulties existing between them with respect to the erecting, keeping and maintaining across the Desjardins Canal at Burlington Heights, stationary or other bridge or bridges, and thereby thereby put an end to any further litigation respecting the same; and for that purpose a petition has been presented to the Parliament of Canada for an Act to authorize them to enter into such arrangements, and to legalize and make the same permanent and effectual; and it is desirable 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: terested may 1. It shall be lawful for the Desjardins Canal Company and The several the Great Western Railway Company, and they are hereby companies inauthorized to make and enter into such agreements and arrange- enter into ments as they shall think advisable, with each other and with agreements the town of Dundas and the Hamilton and Milton Road Company, bridges over respecting (provided that such last-mentioned corporations have power so to the canal. do) for or respecting the erecting, keeping and maintaining across the said canal at and near the Burlington Heights, in all time to come, of any fixed or stationary or other bridge or bridges, already erected or to be erected, and of converting and changing any and all moveable or draw or swing bridges across the said canal into fixed and permanent bridges, and whether the said canal shall thereby be closed against masted vessels or not; and all such Effect of such agreements and arrangements executed under the respective cor- agreement. porate seals of the said parties shall be held to be legal, binding and effectual to all intents and purposes whatsoever, and shall have the same force and effect as if expressly done and provided by Act of Parliament: and it shall thereupon be lawful to erect, keep and maintain all and any such bridges, as fixed, stationary and permanent bridges across the said canal, and to convert and change any and all movable or draw or swing bridges across the same into fixed and permanent bridges, as, by the said agreements and arrangements, shall be provided: Provided always that such last-mentioned corporations shall have or shall have acquired power to enter into such agreements and arrangements. 2. It is hereby further provided that this Act shall not in any Rights saved way affect the present legal or equitable position or standing of in case no agreement is the corporation of the town of Dundas, the Desjardins Canal entered into. Company, the Great Western Railway Company, the Hamilton and Milton Road Company or either of them, in case no agreements or arrangements can be made between the said parties. Nor shall this Act in any way prejudice or affect the rights of any of the said parties against any of the others of them, nor any litigation pending between them or any of them; nor shall it prevent any of them from instituting any proceedings, legal or equitable, against any of the others of them, before or pending any such agreements or arrangements. 3. Nothing in this Act contained shall in any way affect or Rights of the impair any rights that the public now have under the Statute of ablic saved. the late Province of Canada, passed in the sixteenth year of Her Majesty's reign, chapter fifty-four, section five. CHAP. Preamble. Powers of parts of Canada. CHAP.95. An Act to extend the powers of the Montreal Telegraph [Assented to 23rd May, 1873.] WHEREAS the Montreal Telegraph Company have, by their petition, prayed that the power of the Company may be extended to all parts of the Dominion, and especially to the Province of Nova Scotia ; 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 powers, privileges and franchises conferred upon the tended to all said Company, in and by any Act of the Parliament of the late Province of Canada, shall be and are hereby extended to, and may by the Company, be exercised and enjoyed in all parts of the Dominion of Canada, and especially in the Province of Novs Scotia, as fully and amply, to all intents and purposes, as if the clauses and provisions granting the same had been set forth at length, and extended and made applicable to the said Province; and all Acts of the Parliament of the late Province of Canada, relating to the said Company, shall have the same force and effect in and in relation to the said Province, from and after the passing of this Act, as they now have in and in relation to the other Provinces of the Dominion of Canada. Preamble. Incorporation CHAP. 96, An Act to incorporate the Canada Atlantic Cable W Company. [Assented to 23rd May, 1873] HEREAS William A. Thomson, M. P., the Hon. Peter Mitchell, M.P., the Hon. John Simpson, and others have, by their petition, prayed that an Act of incorporation may be granted to them for the purpose of establishing telegraphi communication between the Dominion of Carada and the United Kingdom; and it is expedient to grant the prayer of their 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 said Wm. A. Thomson, the Hon. Peter Mitchell, the Hon. John Simpson and their associates, and all other persons who may hereafter become holders of the stock hereinafter men tioned, name. tioned, are hereby constituted a body politic and corporate, by Corporate the name of "The Canada Atlantic Cable Company," for the purpose of establishing telegraphic communication between some point on the Atlantic coast in Nova Scotia or New Brunswick, or on the Gulf of St. Lawrence, in the Province of Quebec, as may be found most suitable, to some point on the coast of Great Britain or of Ireland; and the said Company may make, adopt and use a corporate seal, and may sue and be sued, and may do every other act and thing whatsoever which may reasonably come within the scope, purposes and objects contemplated by this Act; and may acquire and hold such land and beach as may be requisite for their actual use and occupation, for stations, offices and construction purposes. General connect with 2. The said Company shall have full power and authority to make Company may such connection with the line of any telegraphic company or other Comcompanies in any portion of the United Kingdom of Great panies. Britain and Ireland, and any such arrangement for working the same, as to the said Company or its Directors shall appear fitting. 3. The said Company shall also have power and authority to May accept accept from the Government of Canada, or from any Power, grants in aid State or Government, or from any corporate body, any grant of money or guarantee of credit in aid of their said undertaking. 4. The capital of the said Company shall be five hundred Capital. thousand pounds sterling, and shall be divided into shares of twenty-five pounds each; and the said capital may be increased, from time to time, by resolution of the Board of Directors, by and with the consent of a majority in value of the share- Limit of holders; but such capital shall, at no time, be made to exceed seven increase. hundred and fifty thousand pounds sterling. borrow money 5. The said Company may borrow such sums of money (not Company may exceeding in all the sum of one million pounds sterling) and and issue may issue such bonds therefor, in such amounts, and made pay- bonds. able at such times and places, and bearing such interest, and secured in such manuer (by mortgage or otherwise) as the said corporation may deem expedient and proper for earrying out the purposes of this Act. Directors. 6. William A. Thomson, M. P., the Hon. Sir Francis Hincks, Provisional M. P., the Hon. David L. Macpherson, Senator, the Hon. John Simpson, Senator, the Hon. Thomas Ryan, Senator, the Hon. Peter Mitchell, M.P., James Domville, M.P., and Adolphe Caron, M. P., all of Canada; Henry Labouchere, Chairman, London Bank of Commerce, J. Staniforth, Director, London Bank of Commerce, and Edward Harbord Lushington, Director, London County Bank, all of the City of London, England, and Frederick Alers Hankey, of Silverlands, near Chertsey, England, are hereby constituted a Provisional Board of Directors of the said Company, and shall hold office as such until other Directors shall be elected by the shareholders, in the manner hereinafter provided; and in the Stock books, calls, &c. the event of any one or more of the said Provisional Directors dying before the election of other Directors, the survivors shall constitute the said Provisional Board. Provisional Directors may hold proxies from absent Directors, and may vote thereon. 7. The said Provisional Directors shall have power and subscriptions, authority at any time after the passing of this Act, to open stockbooks and to procure subscriptions for the undertaking, to make calls upon the subscribers; to cause surveys and plans to be executed; to procure any charter or act of incorporation from the Imperial Government of the United Kingdom, which may be required for the continuation of the said telegraph line beyond the limits of Canada; and also to enter into any covenants, treaties or stipulations with the said Imperial Government, having for object to secure co-operation, guarantee or other aid to and for the said undertaking; and it shall be the duty of the said Provisional Directors to give not less than four weeks' notice in the Canada Gazette and in a daily newspaper in the City of London, England, of the opening of the said stock books and of the places where the same shall have been deposited. Notice of ⚫pening of stock books. Subscription of stock. Directors may roject subscription. First general meeting of shareholders. Notice. Election of 8. No subscription of stock in the capital of the said Company shall be legal or valid unless ten per centum shall have been actually and bona fide paid thereon, within five days after subscription, into one or more of the chartered banks of Canada, or of the United Kingdom, to be designated by the said Directors, and such ten per centum shall not be withdrawn from such banklor otherwise applied, except for the purposes of such undertaking or for the return of deposits on rejected subscriptions, or upon the dissolution of the Company from any cause whatever; and the said Directors or a majority of them may, in their discretion, within five days after any such subscriptions have been recorded, refuse to accept the subscriptions of any persons who, in their judgment, would hinder, delay or prevent the said Company from proceeding with and completing their undertaking under the provisions of this Act; and if more than the whole stock shall have been subscribed, the said Provisional Directors shall allocate and apportion it amongst the subscribers, as they shall deem most advantageous and conducive to the furtherance of the undertaking; and in such allocation the said Directors may, in their discretion, exclude any one or more of the said subscribers, if in their judgment this will best secure the success of the undertaking. 9. So soon as ten per centum of the said capital stock shall have been subscribed, and ten per centum thereon paid up, the said Provisional Directors or a majority of them may call a meeting of shareholders, either at the City of Ottawa in Canada, or the City of London in England, as the said Provisional Directors may determine, at such time as they may think proper, giving at least one month's notice in the Canada Gazette, and in one or more wspapers published in Ottawa, and in London, England; and at the said general meeting and all other general meetings hereinafter mentioned, the shareholders present, either personally or by |