Bill 75 (Legislature 6, Session 1)

L6 S1 9244

Alberta — Bills

BILL No. 75 of 1927.

An Act respecting the Edmonton.

Dunvegan and Briti~h Columbia Railway Company. (Assented to , Jr)27.) WHEREAS, the shares of the issued capital of the Ed- monton, Dunvegan and British ·Columbia Railway Company (hereinafter called "the Company") are lawfully and completely vested in the Minister of Railways and Tele phones or his nominees; and Whereas, it is estimated that it will be necessary to advance to the Company the sum of four hundred and sixteen thousand, one hundred and eighty-seven dollars and fifty cents to defray the cost of maintenance, improvement and upkeep and equipment of the railway of the Company; Now, therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1..

The Lieutenant Governor in Council may raise by way of loan the sum of four hundred and sixteen thousand, one hundred and eighty-seven dollars and fifty cents, and may without any further or other appropriation than is contained in this section. make advances to the Company up to such sum as and whenever the same may be required for the purposes hereinbefore recited. Z. Notwithstanding any other statutory prOVISIOn, the Company shall have power to borrow and give security for any sums lent to it under the provisions of this Act. 3.

The Lieutenant Governor in Co.uncil may lend all moneys hereinbefore provided for at such time or times, at such rate of interest, upon such security and upon such other terms not inconsistent with this Act as he may determine. 4. This Act shall come into force on ................. . No. 75. FIRST SESSION SIXTH LEGISLATURE GEORGE V BILL

An Act respecting The Edmonton, Dunvegan and British Columbia Railway Company. Received and read the First time .................. . Second time ................ . Third time ................... . HON. MR. SMITH EDMONTON: W. D. McLEAN, ACTING KING'S PRINTER A.D. 1927 Title: 1927 (6th, 1st) Bill 75,

An Act respecting the Edmonton, Dunvegan and British Columbia Railway Company

Document details

Collection	Alberta — Bills
Citation	L6 S1 9244
Type	bill
Volume / chapter	L6 S1 9244
Language	en
Format	json
Source	PROVINCIAL
Identifier	5355038b30d0d5fe544fd5d13cecff77134f56fd

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