Bill 17 (Legislature 3, Session 2)

L3 S2 9889

Alberta — Bills

29-2-15728 1 9 1 4. B ILL ."-:1 ":l..ct to inc orporate tl::.a E~"!.nonton No::cth-'.7estern ?-a1ia1 Bai 1 ':'Jay COffips,ny. (Aasente ~ to _____ 1914) "/H3Rc:.: .. :3 a peti tior. :r...c~s been presented. prayinr,: for the inc or~orat1o::'1 of oS compi,ny to be kno':;n as thtJ :2cl'!Ylonton 2Torth-v103tern :::<11ia1 :7a11',78-c COfTf)any, anrl it is a::-'on.ient to grant 'tr19 prayer of the saF, DGtii:ion. TH3?Z)i'O,?_~ [:r~ :L-~J,,)?Y by s.ncl 'with th~ ad,vice and comJont of thJ Legislative .. -:.s:.::embly oS' the ?rovi;:}c; of AI ... barte. enacts as fol10ws:- I.

Sylvester D.Hogan. of the Cit7 of Edmonton,Railway Cont~dctor, .d. 7rnest Farncombe of th') S;:Lle pltics, Civil En0ineer. ancl Sydney --" , '" H O ~l iasty' ~ COUTlf1el Brovm -·~ooas. of the SD.r:'te '9ls.ce, ono O'I 18 -, a o,; ,:) -"-- together with such -persons ['.3 my be come shareholaers of t-;~e cOr:l~ny are her'lby consti tutea a. boc1y cor::)Qrate under th'3 naI;le of "Edmonton 1Torth--,'/9stern ?ddiC:11 ::::ail\,"lay Com~ny" hereinaf- tar ca119 1, the company. 2.

The h,)scl 0, Ii eEl of til:) COID!l1ny shall be &.t the City of Ednonton or at such othel' place in th8 Provine;) of .d1. 00 rta as the directors may from ti:l0 to tiJ:le aPPOint.

-2- The persons mant!on'!3tl by :rw.mG in the £lrst

section of this .l.I.ot are horeby constl. tutad ths provisional directors of the oomp:;:.ny. 4. - The ca71ital stock of tlB com-pany shaJ..l be Five hu.."luxed thousand. 'Dol=..ars di'v iled. into ~'i va thousanl shares of One hundred vollars each -:J.n.l ma:,- be ca113d u!' by the d:l- ractors from time to time as t;cey d.eem necessary, but no one oall shall exoeed t'tnenty-fiva per cent of the shares sub scribed.. 5.

The annual gennl'til meating of tha sharehold.ors shall be held on tile second :uesday in February or at s11ch othel~ tir.:J.9 as the Board of)i~:,ectors may dot ):rmine . .At such meeting ti),; subscrib0rs for ca c:)ital stock who may i.1ttend and vrho have '!lai d all caJ.ls on the ir she-res, shall choose not less than three llor more t}1.an sevan !'or:;ons to be directors of the company, ona or mo r~ of -.-hom muy be paid directors of the company. 7. - The company may la,y out, construct B.nd o;,erate the line of railway to b,1 oi'):)rated. by any motive power other than stearn, with a gauge of :four fee t eight a..Vld, one-ha.lf inch as from a point within, &-;; or lear tile bound.ary of the City of 2;dmonton in s. general 11orth-westarly direction to a '!)Oint at or near the ?embina ?iV'3T 1:1 the ?rovince of )..J.o'1rta, a dista:1ce 0;:' not more than saventy-f:1"T9 miles; together -:11 til such branches as w~y bo convenient, not extending more tl~n six miles in langth.

8. - Tho company may isauo bon,ls, d')bentures or other a'30uri ti as to til <) ext ant of T~ranty thotlsa.:.1d :')011.o.l"9 per mile hun~re 1 thOllS:].:l DolL,::,;:} in :1'93pect 0:2 t )l"r.1ine.ls; and 3uch bon·:l3, l.-30 -'l11tu T1S !)ro")orti~)"1 to -::20 l:)ngth 0::: !':~iL:ay lin' construot9~. or un- dJT contract to bJ con~truct91. 9. The several claus·33 of t::';J Rail-:7a:l -;,ot of ,:..1 berla a:xoa'!)t in so far a3 t~lJ same are i':coneistant 'With tile ex- n:reSfJ p:roviJions h9r1in, ana. h'1Teb;1 incor:x>rate1 with and s1ml1 b") cla8I:F) 1 to bJ __ ~ 'X!.rt o~ tills ..:j.ot a~1d shall a:p~ly to ths conpany auu to tila rs.lli-':ay to bo COTI3trttctad. b7 'it. 10. Tho com~y may is~

u) bonds, debantures or other secn:ritie9 beariIl2' int:)l'8st at u rc.te not ezc')oding eix 1')91' c :·:h~.r:1 !n!' an-::UI:l pay..;,ble an~ual?,y or s9r:Ji .. nnnually. !!. The oompany may ac~uiret hold and lispose of shares and oth3r securities of companies havin8' obj"lcts fully or in part similar to tile objects 01> the oompany. 12.

TIB COIDT.8ny L'lay ge:n·)rs.t'3 or aCiyire al'3ctric or othor pO·.~'(3r or enargy aJl:1 m27 transmit tile s,,:..;:;\3 :for t::e 'DUl'- po::> as of tb1 c oID']'bny. of i t.:l u~'ld'')rta1dng t to const-:'uct an-J, 0'l9yc::;.te an electric telegraph lin) or linos a~'ld a t,9l 1 phon} lin') or lines and to construct an:l r:alntain su:'h bridges as sh::..ll b'3 111Cessary

-4- 0-: COnY3nj_1:1t fOe: t:-n U:::9 02 the salll ?a~:;'!ay, Wt'ovicled nO",7- 8"'")1' tn,-,~t ::'.:1.7 D:!.A:l·l;S9s OVGl' sny nnvlgi-::.ble Tiv!3T o~:,':;ater3 ]118.11 1-:1.

Th(3 C0I1111any r:Jjj.y e :1-tdr into an ,5.g1'8 :)mr". t -.7i til 2no>-:;=:nT JOT..l'i,.2J.Y 0:' COm-p2.ni88 _~-Ol' co-,,,,),8yi~1r- 0::: l,)f~sin,:; to :31wh CJ~-F18.Tl;:r Q~' :!o 2":1 }G~n19 s t n,) raIL i'£L.:; 0 __ th) 8or;r:?~: ny !~ 'J l' J b~; i:'l~; 0 T ~)O T2:t 8'1 • in -;;11018 or in ~~rt. 01' 2ny rights or PO\'l3l'S acquired un(lar this .:~ct, as also tilO survoys t plans. -;mrks. plant, mat 8rial, macl1:1nory and ot}HJr --:r)port,7 tt') it o-3longing t Ol~ fo:::- an ar;al gar:ld.tion ';'!i t}:;. such conr:J.'8.i'1Y 01' cOIDrsnies 9 on such t'9T"!JS :':''1,3 tion as tho '}i rectors see Ii t ;""\::'0"111. :.\\1 t}~:.-.·~ such t:g'1'99mont 11--.;;.9 bean fi1'st sa'-:1ctione tl by t·,";'<>-thi:t(l:~ of t:V) 'V')tes at a ;:; -:ecial gcm}}:'al I:B!)ting of 1:.1:.0 s}LJ.l"oholr_-;r~:: :l.uly ca11a1 :f01" hoLL:)):,,:] reyres0ntl~lE .::1.t 13,,~at t';;o-third:; i:1 vc.'i.1uo 0-: the stoc};: are pr':')s::mt L'1 ;;-81';30:: or r")'nr9~3entad by nroxy, G::rd tha.t such agre3ment h~s 111::;0 rae:Ji '791 t:l'J a!lp~oval of tl'.9 J.Jienta nant Governor in Oou~cil. 15.

Vi)hicles or flat w~:n'J-;1-'U3es, .::Jubjoct to roasonable r,)guL1"~:l')n9 to 0) rnc1,J.-J bJ tIn 8ai,1 cO::luny 3211 a'l)T~o"7fyl by tj~J Lieut3:1ant Gov,')rnor in 00 1.1 .. '1'10 i 1 , :: :1<1 S~:';j,11 ::,;.t '2.11:.~ ,JE~:;o:'1i..:;,blJ t-:_~0s,of=01~d ll. The com-pany s.gre33 to uf?ord .::~11 reasoru;.blo faci-

-5- Ii ti es to any otD.91~ !'"'dilvlay ;:!ompany faT t:;l1 ~[,Jcei vi.:l;~! and forrn.l.rdinG anI .:J". :.v'Clry o~· ";:-~~a:~::..'lc u?on :L~1 fron t2~·j 11n9 of Tt'..ll·:';ay b,")lo:'lE:.L::1~' ~::.

C1' ·;','o1'::a.l by 3u.~1: '=:oro·pv.nl1s TOT')OC ti V)"-;;, 3.;:~'. tnt) C01::l~)C~~-;':;'T shs.l1 not Dj.::~.J o:~ g2.70 undu·} ()~:' 11::1- subject any perticu.L . .1.:r 1)7rsc:.l o:r corr::nny, or 5.uy 1)elrt:o;'lL:;.r dascri~tion of traffic. to ~ny undue or unreasonable ~reju- .. rrlving by such a:1.V2.."I'ltage a8 z:::.Zo·c';S"i.i.'l, so t:::cot no o:)st:r.n.ctlon i'] 'J:ras9utad to t'J:a public desil'ol1:; c;:~ u;::iY1.:~· S;.~.:;11 r.~5.J":-!c.~i as c, 8o:1tinuou.~ 11.:.19 0:1': co~:c1'!)':;1ics:tion, ... ::~'~ 90 tilO.t all l"3a:30nab13 [~ccono lat:lon by moans Q; tr;:J ral1-::ays of t::~) S 073::;:11 cortlGtl.nies Is at all ti~l'1eS afforde,i to tIle "public in that behalf, and any agre 'Jmant rredo bctvJeen thE) COID!'a1y .C,:1::l a:1y ot:!: IT cOr:1;Jany or companies contrary to tlLL:3 . '7:r€t3ffilnt ~-::hall b,J null ::"~'1(1 70:d.

1 S 1 4 .An _",-c"t 'to incorporate tF ... O ::~ l_T:l.onton wast :n'n R~"lL:;.l Ruil""il2.Y COnFJi':',~lY B r -.U ¢ ?I?ST ?7::. .. :n:JG Title: 1914 (3rd, 2nd) Bill 17,

An Act to incorporate the Edmonton North-western Radial Railway Company

Document details

Collection	Alberta — Bills
Citation	L3 S2 9889
Type	bill
Volume / chapter	L3 S2 9889
Language	en
Format	json
Source	PROVINCIAL
Identifier	36e7bb9f2ccd27b467ecd7160100e0e8ee739dcc

Source file is stored in the law ingest library (json).