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any moneys standing in the name of or left by the late Father Eugene, Prior of the said monastery, is vested in the corporation hereby continued, and the receipt of the said corporation shall be a valid discharge for said moneys.

CHAPTER 172.

An Act to Amend Chapter 168, Acts of 1886, entitled "An Act to Incorporate the Plymouth Cemetery Company."

(Passed the 23rd day of April, A. D. 1909.)

SECTION 1. Section 14 amended.

Be it enacted by the Governor, Council, and Assembly, as follows:-

amended.

1. Section fourteen of Chapter 168 of the acts of Section 14 1886 is hereby amended by striking out the word "twelve " in the second line thereof and inserting in the place thereof the word "five."

CHAPTER 173.

An Act Respecting the Port Hood Richmond Railway
Coal Company, Limited.

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Be it enacted by the Governor, Council, and Assem

bly, as follows:-

Interpretation.

Section 3 amended.

First and

second

mortgage

bonds to rank pari passu,

without

priority

1. In this act the expression "the company" shall be construed to mean the Port Hood Richmond Railway Coal Company, Limited.

2. Section 3 of Chapter 165 of the acts of 1907 is hereby amended by striking out from the sixteenth line thereof the figures "$865,000.00" and substituting therefor the figures "$585,000.00."

3. Whereas the property, assets and franchises of the company are encumbered by three several liens or charges ranking in priority to the first mortgage bonds of the company, all of which said liens or charges are held by the Union Bank of Halifax, and are respectively for $74,000, $101,000, and $37,500, and interest; And whereas, the first mortgage bonds of the company aggregate $135,000 par value, and the second mortgage bonds of the company aggregate $585,000 par value, but the second mortgage bondholders, under and by virtue of the trust deed securing such first and second mortgage bonds, claim the right to direct, and have directed, the company to pay off said lien of $101,000 and interest, and to pay the first mortgage bondholders, who are guarantors of said lien, the sum of $30,000, and further claim that, pursuant to provisions in said trust deed, upon such payment off and such payment of said $30,000, said first mortgage bonds lose all right of priority over said second mortgage bonds; And whereas, it is desirable that the company shall have further working capital or free first lien pledgeable bonds for raising temporary loans for the purposes of the company, therefore, notwithstanding anything in any act, order, deed or document contained, the company, for the purpose of discharging such prior liens and bonds, and of paying to said first mortgage bondholders said sum of $30,000, and for the general purposes of the company, shall, by and through its directors and without further authorization than the assent of the meetings of such first and second mortgage bondholders already held and obtained, have and be deemed to have had full power and lawful authority to issue a series of first or prior lien bonds of the company, aggregating not more than $350,000 par value, the bonds of such series, upon payment of said prior liens and of said sum of $30,000, to rank and

constitute a first lien or charge upon the assets, property and franchises of the company, and upon such payment said now existing so-called first mortgage bonds, shall lose and be deemed to have lost all right of priority over said now existing so-called second mortgage bonds, and all of said now existing so-called first and second mortgage bonds shall thereafter rank pari passu, the one class without any priority over

the other.

section 15,

to apply.

4. Such portions of Section 15 of Chapter 181 of Portions of the acts of 1903, or of any amendments thereof, as Acts 1903, to are not inconsistent with this act shall apply to the series of bonds by this act authorized.

first mort

complying

ditions to lose

5. Except as respects such arrearages of interest Holders of on bonds of the company, as may already have been gage not by agreement converted into stock of the company, with conthere shall be no interest receivable by any of the priority. existing so-called first or second mortgage bondholders of the company for arrearages accruing up to and including the first day of July, 1909. But this section shall not come into effect until the said so-called first and second mortgage bonds shall rank pari passu, without priority, as aforesaid.

mortgage bonds

6. If the directors of the company (who are the When first holders of all the present so-called first mortgage lose priority. bonds of the company) shall omit, neglect or refuse to issue said series of prior lien bonds to the amount at least of $250,000 on or before the 15th day of May, 1909, or if after issue thereof they shall refuse to accept any bona fide offer of ninety per centum of par or over therefor, or for $250,000 par value thereof, their said so-called first mortgage bonds shall thereupon and in either of said events lose all right of priority over said so-called second mortgage bonds, and thereafter said first and second mortgage bonds shall rank pari passu, without any priority the one class over the other.

CHAPTER 174.

An Act to Incorporate the Queens County Railway
Company, Limited

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Be it enacted by the Governor, Council, and Assembly, as follows:

Incorporation. 1 John Walker, of New Market, in the State of New Hampshire, one of the United States of America; H. W. Anderson, of Exeter, in said State of New Hampshire, and V. J. Paton, of Bridgewater, in the County of Lunenburg, and such other persons as they may in writing associate with themselves, their successors and assigns, are Created a body corporate under the name of the Queens County Railway Company, Limited, hereinafter referred to as "the company."

2. The objects of the company shall be:

(a) To purchase or otherwise acquire, maintain and operate the railway and railway lines, including switches and branches, and the rights of way therefor of the Sable Lumber Company, Limited, and all or any part of the railway equipment, plant and property of said Sable Lumber Company, Limited, which said railway is now being operated from a point at or near Wilkins Siding, in the County of Queens, to points on the timber lands of said Sable Lumber Company, Limited; to extend, construct, maintain and operate such railway and branches

thereof to any point on the lands of the Sable Lumber Company, Limited, or which may hereafter be acquired by said lumber company, or to lands upon which said lumber company has or may acquire the right to cut timber, and generally to purchase, acquire construct and maintain a line or lines of railway or tramway from a point or points on the railway system of the Halifax and South Western Railway between Liverpool Station and Shelburne Station to a point or points on the lands of the Sable Lumber Company, Limited, or on which the said last named company has or may acquire the right to cut timber, and operate all such tramways, railways and railway or tramway lines and branches by stream, electricity or other motive power for the purpose of carrying passengers, logs, timber, bark, pulpwood, cordwood, manufactured lumber, supplies and generally freight of all kinds, and to charge and collect rates and tolls for such carrying;

(b) To generate, manufacture and produce electric or galvanic currents, and all material and appliances or apparatus for the application, conversion and use of the same, and to use or sell and dispose thereof for power for any industrial purpose, including the operating of mills and manufactories of all sorts;

(c) To acquire, construct, maintain and operate water power or powers, with all dams, flumes, reservoirs, ponds, appurtenances and easements; to acquire, construct, maintain and operate all plant, plant-houses, buildings, mills, manufactories, water wheels, dynamos, machinery desirable in connection with the general undertaking of the company;

(d To erect and maintain by the consent of the municipal authorities the usual wires upon poles along every and all highways, roads and streets for the purpose of conveying said electric or galvanic current from the point or

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