Bill 23 (Legislature 2, Session 4)

L2 S4 10626

Alberta — Bills

IJ~eozoporatlon Ilea<! OIIIM BlLL No. 231 of 1913.

An Act to Incorporate the .Brule Lake Railway Company. (Aue!j,ted to 1913) W HEREAS a petition has tn presented praying for the incorporation of a compa. y to construct and operate a rail way, aa hereinafter set foDth, nd it is expedient to grant the prayer of the said j>etition; Therefore His Majest by nd with the advice and consent of ·the Legislative Assembiy of he Province of Alberta, enacts a:; follows: 1. George Goldwin Smith indooy, K.C. Toronto, Ontario; S~rdney Brawn Woods, K.C., dmonton, Alberta; Oliver Mowat Btggar, barrister, Edmonton; S W.

Field, barrister, Edmonton; James Thomas Joseph Collisso , barrister, Edmonton, together with such persons as become sh reholders in the company hereby incorporated, are hereby ronsti uted a body corporate under the name of "The Brule Lake Rail ay Company", hereinafter called "the company". 2. The head office of the company shall be in Edmonton in the Province of Alberta. !f~wfy/ct of 3.

The several clauses of Th Railway Act of Alberta shall be, avvt~ a and the same are hereby, inco orated with and shall be deemed to be part of this Act, and shall pply to the said company and to the railway to be constructed y -them, excepting so f'ar as the same may be inconsistent wi•th t 1e cxpr&'lS enactments hereof, and the expression "this Act" when used' herein shall be understood to include the clauses of the said Railway Act as aforesaid. P()wers J•rovisimm1 •lirec.tors Cavlml stock .~lllltU\.) nl('eting Powf'rs of the f'OlllllftllY 4.

The company may lay ou , construct and operate by steam or electric power a railway of s andard gauge, 4 feet 8'h inches, commencing at a point at or nea to mile on the Grand Trunk Pa~ific Railway west of Winnip g, being a poin1 on the east shore of Brule Lake in the Province of ~lberta, thence in a south-easterly direction •through sections an 24, township 49hrange 27, west ofi the fifth meridian, and then e north-easterly t rough sections 19, 20 and 29, township 49, ran ·e 26, west of the fifth meridian. 5. The persons mentioned bylname in the first

section of this Aot are hereby constituted pr~visional directors of the said company. 6. The capital st{)ck of the \company shall :be two hundred thousand dollars ($200,000.00) and may be called up :by the directors f1rom time to time as hey deem necessary, but no one eall shall exceed ten per cent. on the share subscribed. 7. The annual general mee~ng of the shareholders shall be held on the first Tuesday of A ril or at such time each year as the board of directors may dete inc. 8.

A·t such meeting 4he v!scribers for the capital stock assembled, whv have. paid all call due on their shares, shall chOQS(_' three persons to be d1rectors of th ·company, one or more of whom may be paid directors of the co puny. ll<>ndln11 I>OW8r8. Agreement with other comp&nles to ronvey or leaae J,oa<llngof en.rs from fR.rmers' vehlcleR 9.

The company may issuef:onds, debentures, or other secur ities rto the extent of twenty t 10usand dollars ($20,000.00) per mile of the railway and branch , and such bonds, debentures and other securities may be issued nly iu proportion to the length of railway constructed or under ntract to be constructed. 10.

The company may ent r into an agreement with another company or companies for con eying or leasing to such compa.ny or companies the railway of th company hereby incorporated, in whole or in part, or any rights r powers acquired under this Act, as-also the surveys, plans, wor s, plant, material, machinery and other property to it belonging, r for an amalgamation with ~uch company or companies, on such terms and conditions as are agreed upon, and subject to such reat iction as to the directors seem fit; provided -that such agreement has been first sanctioned by two· thirds of the votes at a special neral meeting of the shareholder:; duly called for the purpose o ronsidering the &tme; at which meeting shareholders represent ng at least two-thirds lll value of the stock are present in person or represented by proxy, and that such agreement has also receiv d the approval of the Lieutcnuut Governor in Council. 11..

The company shall at~all stations upon their railway always permit the loading of rain into their cars. from farmers' vehicles or flat warehouses, sub ect to reason8ible regulatioru; to be made by the said company, and shall at all reasonable time;, afford proper facilities therefor. 12.

The company agrees to afford all reasonable fadlities to any other railway cAJmpany r the receiving and forwarding and delivery of traffic upon and from the line of railway belonging to or worked by . uch companies respectively, and the company shall not ake or give undue or un reasonable preference or adv ntage to or in favour of any partieular versou or compa.n ' or any particular description of traffic m any respect wh t~oever, nor shall the company subject any particular perso or company, or any partic ular deseriptiou of h·affic, to an undue or unreasonable prejudice or disadvantage whatsoever, an the said company shall afford all due a.nd reasonable f!acilities f r receiving and forwarding by it~ railway all the trafllc arriving 'Y such other railway or railway~ without a.ny unreasonable dela:-;, and without any such preference or advantage or prejudice, or d" advantage as aforesaid, so that no obstrndion is presented to 'the ublic desirous of using such rail way as a continuous line of co unication, and so that all reason able accommodation by mean of the railways of the several eompanies is at all times afford d to the public in that behalf, and any agreement made between t company and .any other company or c.omprmies contrary 1o this a. reement shall be null and void. ~.t~~h~~hin 1.3.

The const.~·uc~ion of tl1. railway hereby authorized ~h~ll cmnmen.ce .. nd he commenc.ed Wit.hm two ve rs and shall be completed w1thm ~~~-~~i, 1 ~uon five years from the date of the oming into force of this Aot. ~:~::f,r~N~~ and 14.

T~1e eompany shall also have power for. the purposes. of its line; undertakmg to construet and o crate an electnc telegraph lme or lines and a telephone. line or r es along the said railway, and to eonstruct and maintain such b idges all shall be necessary or con venient for the usc of said ra"lway, not being bridges over any navigable river or rivers, unles such bridge or bridges over such navigable rivers or waters has or have been authorized by ·the Governor General in Council. No. 23 FOURTH SESSION SECOND LEGISLATURE GEORGE V BILL

An Act to Incorporate the Brule Lake Railway Cotupany Received and read the First time .................... . Second time .................. . Third time .................. . EDMONTON: J. \V. JEFFRRV, Government Printer A.D. 1913 Title: 1913 (2nd, 4th) Bill 23,

An Act to Incorporate the Brule Lake Railway Company

Document details

Collection	Alberta — Bills
Citation	L2 S4 10626
Type	bill
Volume / chapter	L2 S4 10626
Language	en
Format	json
Source	PROVINCIAL
Identifier	9b6471ecc3bf9fcdfa8311cdf763edb1014b22e4

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