Bill 56 (Legislature 2, Session 3)

L2 S3 10761

Alberta — Bills

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Bill 56 (Legislature 2, Session 3)

L2 S3 10761

Alberta — Bills

BILL No. 56 of 1911.

An Act to Incorporate The Bassano Electric Railway. (Assented to 1912.)

WHEREAS a petition has been presented praying for the incorporation of a company to construct and operate an electric 'railway 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 Legislative Assembly of the Province of Alberta, enacts as follows: 1. Samuel Edmond Whiting, Charles Harris, Frank Mur­ chison, Edward C. Ingram and William J.

Robinson, all of the Town of Bassano, in the Province of Alberta, together with such other persons as become shareholders in the company · hereby incorporated, are hereby constituted a body corporate untlcr the name of "The Bassano Electric Railway Company," hereinafter called "the company." 2. The head office of the company shall be at the Town of Bassano, in the Province of Alberta, or at such other place within the said province as the directors may from time to time determine. 3.

The several clauses of The Railway Act of Alberta shall lw and the same are hereby incorporated with and shall be cle<•med to be part of this Act and shall apply to the said company and to the railway to be constructed by

an Act, excepting so far as the same may be inconsistent with the expressed enactments hereof or inapplicable to a railway of the nature hereby ~uthoriz8d, and the expression "this Act" when useJ ht'l"cin shall be understood to include the clauses of the said Uailway .Act as aforesaid. 4.

The· company may lay out, construct and operate lines of electric railway with a gauge of four feet (4 ft.) eight and one-half inches (8~ ins.) between the following points in the Province of Alberta: \Vi thin the Town of Bassano and on the streets and lanes thereof, and from the said Town of Bassano in a southerly direetion to a point at or ncar the Bow River, anLl from the Town of Bass3-no in a northerly direction a distance of forty (40) miles.

The said railway may be carried upon and along sueh road allowances, public highways, streets, lanes awl squares as may be necessary and convenient for the purposes of the consLruct.lon of the said railway, the consent and approval of the Minister of Public Works first having been obt~tined before coJ.struction of any of its works authorized by this Act are commcncell.

It is further provided that the company shall not carry on or construct any of its works autho­ rized by this Act along or across any highway, street, 1ane or other public place in any city or town unless the company shall have first obtained the consent of the. municipal council thereof by an agreement entered into between the company and the said municipality, and ratified by by-law of the said eouncil, if required, by the Statute or Ordinance under which

2 the same derives its corporate powers, the municipal council thereof shall be deemed to have full power and authority to permit the usc by the company of the highways, streets, lanes, squares and other public places of the municipality for the purpose of any of its said works: Provided that the company shall not be entitled to use any of the public streets, roads or highways or public places within the limits of the City of Calgary for the purposes of a street railway system or otherwise unless it has obtained the consent of the council of the said city to an agreement entered into between the company and the said city ratified by by-law. 5. 'fhe persons mentioned by name in the first

section of this Act arc hereby constituted provisional directors of the said company. 6. The capital stock of the company shall be two hundred and fifty thousand dollars ($2.50,000.00), divided into twenty­ iivc hundred shares of one hundred dollars ($100.00) each, and may be called up by the directors from time to time as they deem necessary, but no one call shall exceed ten per cent. of the shares subscribed. 7. The annual general meeting of the shareholders shall be held on the first day of .June in each year. 8.

At such meeting the shareholders for the capital stock assembled who have paid all calls due on their shares shall choose not less than three nor more than nine persons to be the directors of the company, one or more of whom may be paid directors of the company. 9. The company may is::;ue bonds, debentures or other securi­ ties to the extent of twenty thousand dollars ($:?0,0CO.CO) per mile of the railway and its branches or sidings, and such bonds, debentures or other securities may be issued only in proportion to the length of railway constructed or under coil­ tract to be constructed. 10.

The company nmy enter into an agreement with another com;:mny or companies for conveying or leasing to such com­ pany or companies the railway of the company hen·by incor­ porated, in whole or in part, or any rights or pmvers acquired under this Act, as also the surveys, plans, works, plant, material, machinNy aml other property to it belonging, or for an amal­ gamation with such company or companies, on such term:-; and condition::; as are agreed upon, and subject to such re­ strictions as to the directors seem fit: ProvidPd that such agreement has been first sanctioned by two-thirds of the votes at a special general meeting of the shareholders duly called for the purpose of considering thl~ same, at which meeting shareholders representing at least two-thirds in value of the stock .are present in person or repre­ seltc.l O)T pcox:y, an l t'l1.t :->ICh agreement h!'Ls also received the approval of the Lieut<'n:Jont Governor in Council. 11.

The company shall, at all stations upon their railway, always permit the loading of grain into cars from farmers' vehicles or flat warehouses, subject to reasonable regulations to be made by the said company, and shall at all reasonable times afton! proper facilities therefor. 12. The company agrees to afford all reasonable facilities to any other railway compauy for the receiving and forwarding

3 anu delivery of traffic upon and from the line of railway belonging to or worked by such companies respectively, and the company shall not make or give undue or unreasonable preference or advantage to or in favour of any particular person or company, or any particular description of traffic in any respect what­ soever, nor shall the company subject any particular person or company, or any particular description of traffic to any undue or unreasonable prejudice or disadvantage whatsoever, and the said company shall afford all due and reasonable facili­ ties for receiving and forwarding by its railways all the traffic arriving by such other railway or railways without any un­ reasonab!e delay, and without any such preference or advantage or prejud:ce or disadvantage as aforesaid, so that no obstruction i:' presented' to the public desirous of using such railway as a continuous line of communication, and so that all reasonable accommodation by means of the railways. of the several com­ panics is at all times" afforcled to the public in that behalf, and any agreement made between the company and any other company or companies contrary to this agreement shall be null and void. 13.

The construction of the railway hereby authorizPd shall be commenced within two years and shall be completed within five years from the date of the coming into force of thi::; Act. 1-l.

The company shall also have pmver for the purposes of its undertaking to construbt and operate electric pawN transmitlsion lines and to construct along the line of the said railway or transmission lines such telegraph or telephone linL'tl as may be convenient for tho purpose of its undertaking and further shall have power to construct and maintain such bridges as may be nccrssary or convenient for the use of the said rail­ way, not being bridges over any navigable river or rivers unless such bridge or bridges over such navigable river or rivers has or haw~· been au thorir-ed by the Governor General in Council. 1;).

The company shall also have power ta acquire, construct, maintain, operate and di8pose of any public parks, places of amusement and hotds, anrl to otherwise improve the same snbjt>ct to fwy law in force in that behalf. 16. The <'fJJilpany shall also have the power to purchase, t;~kc on lease or otherwise acquire and to hold, use and occupy a.ily lards, buil(lings, or any interest therein, and to sell, lease ot otiwr~Yisc usc the same in any manner the company may think necessary or convenient l7.

Tlte eompany shall also have power to purchase or acquire the shares, stock or any other securities whatsoever and to hold, sell or otherwise Llispo:oe of said shares, stock or other securities in any other company having objects similar in whole or in part to those of the company, and to vote all shares so held through sueh agent or agents as the directCJrs of the cJ.np::tny m::ty appoint. 18.

The company shall also have power to generate, procure, sell and distribute electricity for power, light or domestic pur­ poses, and for such purposes shall have power to construct, acquire, operate and maintain such lands, water power sites, buildings or erections as are necessary or convenient therefor. And for the purposes of the powers conferred by this clause the provisions of the Ordinance respecting water, gas, electric ancl telephone companies shall be d<'Pmed to be incorporated with and be part of this Act anJ slutll apply to the said com­ p:wy.

No. 56 THIRD SESSION SECOND LEGISLATURE 2 GEORGE V 1911 BILL

An Act to Incorporate The Bassano Electric Railway. Received and read the First time ................... . Second time ................. . Third time .................. . L. M. ROBERTS EDl\10:\TTON: J.utk:ti E. RtCHAHns, Government Printer A.fJ. i911 Title: 1911 (2nd, 3rd) Bill 56,

An Act to Incorporate The Bassano Electric Railway

Document details

CollectionAlberta — Bills
CitationL2 S3 10761
Typebill
Volume / chapterL2 S3 10761
Languageen
Formatjson
SourcePROVINCIAL
Identifier6e3cf537ade7afa12589e5c74f81d7e13df89ecb

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