Bill 36 (Legislature 1, Session 2)

L1 S2 10404

Alberta — Bills

PRE- AJ..f.BLE. AlT ACT TO DJCORPORATJ~ THE ~~ARY & COMPANY~ KNEE HILL RAILWAY ~nr~s a petition has been presented~ praying for the incorporation of a company to construct and operate a railway, as hereinafter set forth, and it is expedient to grant the prayer of the said petition; Therefore His 11a.j esty, by and with the advice and consent of the L~3gislative Assembly of Alberta, enacts as follows:~ 1. Francis Aylwin, of the City of Ottawa, in the Province of Ontario, %entleman; Philippe Roy, ~f the City of Edmonton, in the Province of Alberta, Member of the Senate of Canada; and .Toseph E,.

Laurencelle, of the City o'f EdJnonton, in the Province Incorpor-of Alber·~a, ~entleman; together with such persons as become t ion. Head .¢:fi'ice. shareholders in the company hereby incorporated, are hereby con stituted a body corporate under the name of the "Calgary & Knee Hill Railway Company", hereinafter called "the Company". 2. The ~ead Pff ice of the fompany shall be in the Ci.ty of Edmonton:, in the Province of Alberta. 3.

The several clauses of 1'The Railway Act of Alberta« shall be.; c.nd the same are herebyif incorporat,ed with and shall be deemThe Rail- ~ ed to be part of this Act, and shall apply to the said ¢ompany way Act of and to the railway to be constructed by them~ excepting so far as Alberta. "" the same may be inconsistent with the express enactments hereof , and the E~xpression "this Act 0 l when used herein shall be under stood to include the clauses o'f the said Railway Act as afore- said. 4.

The ¢ompany may lay ou·c, construct and operate a railway"r Powers of of the cl~ge of four feet~ eight and one-half inches'\ from a ~ompa1-zy. l. Provis- point within the corporate limits of the City of Calgary north erly throur,l1 tovmships twenty-four (24) and twenty-five (25) in ranee one (1) y/est of the iifth Jteridian; thence northerly and easterly through townships twenty-six (26), twenty-seven (2?) and twenty-eight (28)~ in ranges twenty-eight, twenty-oeven (2?), twenty-oi:~ (26), twenty-five (25) and twenty-four

(24) West of the fourth :¢eridian, to a point in or about township twenty-nine (29) ranee twenty-three (23) west of the rourth ¥eridian on Kneehills Creek. A The persons mentioned by name in the first

section of this ional ~i-Act are hereby constituted provisional directors of the said .~.~ectors. ¢ompany. Capital ptuck. .Annual 6. The capital stock of the ¢ompany shall be ~ne ~illion ~ollars ($l.,.ooo,ooo.oo), and may be called up by the directors from time to t l.riie-4. as tn:ey deem neceErsary, but no one call shall exceed ten per cent. on the share subscribed. 7 • The annual general meeting of the shareholders shall be held on the third Tuesday in February in each year. ¥eeting. . 8.

At such meeting the subscribers for the capital f>toclc assembled., who have paid all calls due on their shares, shall _choose nci:f#' more than nine persons to be directors of the )Z'om Directo:.csJ [;pany, one~ or more of whom may be paid directors of' the ,.6ompany. of' ~ompany) r ~~ The ~ompany may issue bonds, debentures or other securities j:d the e~:tent of Z"wenty Thousand ;F)ollars per mi:j.e of the railway Company and branc:hes, and such bonds, debentures or other securities may may issue be issuecl only in proportion to the length of railway constructed bonds, under contract to be constructed. 10.

The ¢ompany may enter into an agreement with another com• pany~ or companiesf\ for conveying or leasing to such company or Compuhy companiefJ the ra il1rray of the ¢ompany hereby incorporated, in may enter vrhole or in part, or any rights or powers acquired under this into agree- ment with uther companies.

Loading Act, as a.lso the surveys, plans, works, plant, material, rnachin- cry and otller property to it belongint;, or for an amal,gar:Jation '•~'i th such company or companies,, on such terms and conditions as are agree!d upon, and subject to such reestrict ions as t~o the di rectors s:eem fit; 9':provided that such agreement has been first sanctioned by two-thirds of the votes at a special general meet- ing of the sh~reholders duly called for the purpose of consid- ering the same, at which meeting shareholders representing at least two-thirds in value of the stock are present in person or represented by proxy, and that such agreement has also received the approval of the Lieutenant Governor in Council. 11.

The jfompany shall, at all stations upon their railway_, always permit the loading of grain into cars from farmers'vehi• cles or flat warehouses, subject to the reasonable regulations of ?rain to be made by the said pompany, and shall at all reasonable times 1nto pars. afford proper f'aeilitimJ there~~. Facili- ties. 12.

The ¢ompany agrees to afford all reasonable facil:i ties to any other rail·way company for the receiving and forwarding and delivery of traffic upon and from the line of railway belonging to or worked by such companies respectively, and the ¢ompany shall not make or give undue or unreasonable preference or ad- vantage to or in favour of any particular person or company, or any particular description of traffic in any respect whatsoever, nor shall the pompany subject any particular person or company, or any particular description of traffic, to any undue or un- reasonable prejudice or disadvantage whatsoever, and the said pompany shall afford all due and reasonable facilities for re ceiving and forwarding by its railways all the traffic arriving by such other railway or railways without any unreasonable delay, and ~'ri thout any: suph preference or advantage or prejudice or dis- advantage as aforesaid, so that no obstruction is presented to the public desirous of using such railway as a continuous line of communication, and so that all reasonable accommodat.ion by means of the railways of the several companies is at all times afforded to the public in that behalf, and any agreement made between the ¢ompany and any other company or companies contrary to this agreement shall be null and void ..

The c:onstruction of the railway hereby authorized ;shall be nnnenced within two years and shall be completed within five :rn.ent of /fork. ears from the date of the coming into force of this Act. 14.

The _Q(ompany shall also have power for the purposes of its undertaking to construct and operate an electric telegraph line or lines a.nd a telephone line or lines along the said. railway, Additiona , nd to construct and maintain such bridges as shall be necessary Powers. or conveni.ent for the use of said' railwp.y, not being bridges over any navigable river or rivers, unless such .bridge or bridges over such navigable river or rivers, or waters, has or have been authorized by the Governor General in Council. 15. This Act shall come into force on the day it is assented to. Title: 1907 (1st, 2nd) Bill 36,

An Act to incorporate the Calgary and Knee Hill Railway Company

Document details

Collection	Alberta — Bills
Citation	L1 S2 10404
Type	bill
Volume / chapter	L1 S2 10404
Language	en
Format	json
Source	PROVINCIAL
Identifier	9217210935022a45903c69c92c41bac26e61d01e

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