Bill 12 (Legislature 6, Session 2)

L6 S2 9095

Alberta — Bills

BILL No. 12 of 1928.

An Act to provide for the Extension of the Grande Prairie Branch of the Edmonton, Dunvegan and British Columbia Railway. (Assented to ,1928.)

WHEREAS it is to the' advantage of the Province of Alberta that the Grande Prairie Branch of the Edmon ton, Dunvegan and British Columbia Railway Company (hereinafter called "the company") should be extended from mile in a general north-westerly direction for a dis~ance of twenty-five miles; . And

whereas the estimated cost of the said extension is seven hundred and thirty-five thousand dollars; And

whereas it is estimated that it will be necessary to advance to the Company the sum of four hundred and eighty eight thousand, two hundred and ninety-seven dollars and fifty cents to defray the cost of maintenance, improvement, 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: ~. The Lieutenant Governor in Council may raise by way of loan the sum of seven hundred and thirty-five thousand dollars, and lend the same to the Company without any further or other appropriation than is contained in this

section for the purpose of defraying the cost.of construc tion and completion of the said extension of the railway of the' Company. 2. The said sum shall be paid to the Company by instal ments and upon progress certificates signed by the Minister of Railways and Telephones or the Deputy Minister of Rail ways. 3.

The Lieutenant Governor in Council may raise by way of loan a further sum of four hundred and eighty-eight thousand, two hundred and ninety-seven dollars and fifty cents, and may without any further or other appropriation than is contained in this section, make advances to the Com pany up to such sum as and whenever the same may be required for the purpose of defraying the cost of mainten ance, improvement, upkeep and equipment of the railway of the Company. 4.

The Lieutenant Governor in Council may advance all moneys hereinbefore provided for at such time or times and at such rate of interest, upon such security, if any, and upon such other terms not inconsistent with this Act, as he may determine. 5. This Act shall come into force on ................. . No. 12. SECOND SESSION SIXTH LEGISLATURE GEORGE V .1928 BILL

An Act to provide for the Extension of the Grande Prairie Branch of the Edmonton, Dunvegan and British Columbia Railway. Received and read the First time ................... . Second time .................. . Third time ................... . HON. MR. SMITH EDMONTON: W. D. MCLEAN, ACTING KING'S PRINTER A.D. 1928 Title: 1928 (6th, 2nd) Bill 12,

An Act to provide for the Extension of the Grande Prairie Branch of the Edmonton, Dunvegan and British Columbia Railway

Document details

Collection	Alberta — Bills
Citation	L6 S2 9095
Type	bill
Volume / chapter	L6 S2 9095
Language	en
Format	json
Source	PROVINCIAL
Identifier	cda0c814562ac5008feb2905247b4e0e4d9dbb18

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