Bill 41 (Legislature 2, Session 4)

L2 S4 10646

Alberta — Bills

BILL No. 41 of 1~13.

An Act to Imorporate the TaJJer Transit Company. (Assented I to 1913)

WHEREAS a petition haR been;resented praying for the in ~orporation of a company to c nstruct and operat€ a railway ns llcr.cinaf~e~ set forth, and it is ex client to grant the prayer of the f'md petiti-on; Therefore Hi::; f.lajesty, by and wi~h the advice and consent of the l ,egislative Assembly of the Prpvince of Alberta, enacts as follows: 1 . . John F. Kramer, commission a ent; Charles G. Gordon, real estate broker; 1-\eginald C. Baker, rea estate broker, all of the City of Calgary, iu the Province of Albe a; Edgar S.

Kramer, of the City of Pliiladelphia, in the State f Pennsylvania, one of the U uited Stutes of America, financia broker; Clay D. Holder, telegraph operator, of Dunmore, in the Province of Al berta; J oscph Schiesel, hotel proprietor, of Canmore, in the Provin<.'e of Alberta; Willia E.

Bullock, mine operatol"; Frank Barton, financial agent, both f the town of Taber, in ~he Province of Alberta; and Van Orsda l Eastland, civil engineer, of the City of Calgary, aforesaid, togeth r with such other persons as IJecome shareholders in the compa y hereby incorporated, are hereby constituted a body corporate u dcr the name of "The Taber Transit Company," hereinafter calle "the company." 2. The head office of the compa y shall be at the Town of TaLer in the Province of Alberta, o · at such other place within the said province as the directors may from time to time determine. 3.

The feveml clauses of The Rai way Act of Alberta shall be and same are hereby incorporated wi h and shall be deemed to be a part of this Act and shall apply to the said company and to the rmlway to be oonstrucled by them, xcepting so far as the same may be inconsi:>tent with the expre enactments hereof or be in applicable to a railway of the natur hereby authorized, and the C'<pression "this Act'' when used h rein shall be uuderstooJ to include the clauses of the Railway Ac as aforesaid. 4. 'l'he company may lay out, c struct and operate by elec tricity, steam or any other motive po er a railway of the gauge of four ( 4) feet eight and one-half (8' ) inches from a pomt at or near l'ectiou thirty-one (31) in towns 1ip nine (9) in range sixteen (16) west of the fourth meridian lose to the Town of Taber, running in a north-westerly directio to a point in

section twelve (12) in township ten (10) in ran seventeen (17); thence to run in several directions, namely: F rst, in a westerly and south westerly direction to a point in or n ar

section thirty-three (33) in township nine (0) in range sev 1tcen (17). Second, in an easterly Llirection to a point in orne r

section seven (7) in town ship ten (10) in range seventeen (1 ) . Another line starting at same point in or near

section thirt one (31) in township nine (9) in range sixteen (16); thence r orth and north-easterly to a point in f3Cction eight (8) in town«h p ten (10) in range sixteen (16); thence in a northerly directio through township ten (10) in runge sixteen (16) : thence north and north-easterly through township eleven (11) in range sixtc n (16) to a point in

section three c:n in township twelve (12) i range sixteen (16); thence Pouth-en~terly cro~Pin,g the Belly Rive at a point in or near

section two (2) in town~hip twelve (12) in range sixteen (16); thence

in a 110rtherly direction throug townehip twelve (12) in range sixteen (16) ; thence north-easte ly to a point in or near

section twelve (12) in township thirtee (13) in range sixteen (16) on the Suffield Branch of the Cana ian Pacific Railway, crossing the said railway at this point; thence north-westerly through township thirteen (13) in range sixteen 16), tQwnship fourteen (14) in range sixteen (16), township f urteen (14) in range seventeen (17) to a point in or near sect on thirty-one (31) in township fifteen (15) in range eevente n (17); thence north-easterly through township ~ixteen (16) i l'ange seventeen (17) to a. point in or ncar flection twelve (12) in township seventeen (17) in range seventeen ( 17), neDr the own of Bow City. · 5. The per"ons mentioned by lna.rne in the first

section of thi.!' i\ ct are hereby c:ou:;tituted the ~rovisional directors of the com pany. 6. The capital stock of the sa~ company shall be one milliou <lollars ($1,000,000) which may e called up by the directors from time to time as they may deem i necessary but no one call shall exceed ten per c:entum on the sh· re or shares subscribed. 7. The annnal general meetin~ of the shareholders of the com pany shall be held on the first ~ onday in April in each year or nt such other time as the director of the company may determine. 8.

At such meeting the subsribers f.or the capital stock as sembled who have paid all calls ue on their shares shall choose 11 number of persons not less tha seven (7) and not more than fifteen (15) to be flirectors of the company, one or more of whom ma.y be paid directors of the com any. 9. The company may issue bids, debentures or other securi ties to the extent of twelve thou nd ($12,000) dollars per mile of the railway and brunches, and such bonds, debentures or other :o:ccuritics may be issued only in proportion to the length of the railway constructed or under con ract to be constructed. 10.

The c.omnany may enter nto an agreement with another company or companies for conve ing or leasing to such companv or companies the railway of the c mpany hereby incorporated, in whole or in part, or any rights or powers acquired under this Act, as also the surveys, plans, work, lant, material, machinery and other property lwlonging to it, or for an amalgamation with sucli company or companies, on sue terms and conditions as are agreed upon, and subject to sue restrictions as to the directors may seem fit; provided that sucl agreement has been first sanc tioned by two-thirds of the votes at a special general meeting of the shareholders duly called for the purpose of considering the snme, at which meeting shareho ders representing at lea!>i two thirds in value of the stock pres nt in perso!l or represented by proxy, and that such agreement 1 as also received the approval o~ the Lieutenant-Governor in Coun il. 11.

The company shall havefower to make and formulate by-lnws for the internal manage ent of the affairs of the com pany and the duties of the offic rs thereof to be approved and n:d'opted a.t a special general mee ing of the shareholders of the eompany and to be approved of y the Lieutenant-Governor in Cuuneil. 12. The company shall at a~l stations upon their railway always perm'it th:e loading 19f g ain into. cars from farmers' y;;hicles or flat warehouses, subj ct to reasonable regulations to llP made by the said company a d shall at all reasonable times afford proper facilities therefor.

13. 'l'he company agrees to afford all reasonable facilities La any other railway company for he receiving and forwarding and delivery of traffic upon and frm the line of railway belonging to or worked by such companies r pectively, and the company shall not make or give undue or unr asonable preference or advantage to or in favor of any particular person or company, or any par ticular description of traffic, to any undue or unreasonable pre judice or disadvantage whatsoe er, and the said company shall afford all due and reasonable fa ilities for receiving and forward ing bY, its railways all the traffi arriving by such ot~er railway or rmlwnys without any unrea onable delay, and Without any such preference or advantage r prejudice or disadvantage as ufore~aid, so that no obstruction s presented to the public desirous of u~ing such railway as a conti uous line of communication, and '~o that all reasonable accommod tion by means of the railways of the f'p,veral eompanies is at all ti es afforded to the public in that behalf, and any agreement mad between the company and any other company or companies co traJ.'Y to this agreement shall be null nnrl void. 14.

The construction of the ~ailway hereby authorized shall be commenced within one year and shall be completed within five years from the date of the co ing into force of this Act. 15. The company shall also~ave power to purchase, have on lea.sc or otherwise acquire, hold, se and occupy any lands, build ings or any interest therein, a to sell, lease or otherwise use the same in any manner the c mpany may think necessary or convenient for the purposes of s id company. 16.

The company shall also have power for the purposes of its undertakings to construct and operate an electric telegraph line or lines and a telephone line or ines along the said railway, and to construct and maintain such bridges as shall be necessary or convenient for the use of said ra. lway not being bridges over ::wy navigable river or rivers, unless uch bridge or bridges over such navigable river or waters has r have been authorized by the Governor- General in Council. ·

~0. 41 FOURTH SESSION SECOND LEG~LATURE 3 GEORGE V 1913 BILL

An Act to Incorporate The Taber Transit Company. Recciyed and read the First time .................... . Second titne .........•......... Third time .................. . EDMONTON: J. W. ]IU"FRR.V, Government Printer A.D. 1913 Title: 1913 (2nd, 4th) Bill 41,

An Act to Incorporate The Taber Transit Company

Document details

Collection	Alberta — Bills
Citation	L2 S4 10646
Type	bill
Volume / chapter	L2 S4 10646
Language	en
Format	json
Source	PROVINCIAL
Identifier	a3ad200711669981044a9dce88907d0e57361cc8

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