Preamble. Empowered to construct an ærial tramway. CHAPTER 177. An Act to Establish the Standard Drain Pipe Company, (Passed the 23rd day of April, A. D. 1909.) Preamble. SECTION. Empowered to construct an ærial tramway. WHEREAS, The Standard Drain Pipe Company, of St. John's, P. Q., Limited, a body corporate, own and operate a clay working manufactory and plant, near New Glasgow, in Section No. 13, Pictou County, and own clay deposits upon both sides of the East River Road, so called, in said Section No. 13, and for convenience in handling such clay, desire to operate an ærial tramway across said road; And whereas, the Municipal Council of the County of Pictou have declared themselves in favour of granting said company the privilege of constructing such tramway; Be it therefore enacted by the Governor, Council, and Assembly, as follows: 1. The Standard Drain Pipe Company, of St. John's, P. Q., Limited, and their assigns are hereby empowered to construct, maintain and operate an ærial tramway or haulage way over and across the East River Road, in Section No. 13, Pictou County, not less than thirty feet above the present roadway, and without placing any erection or obstruction upon the surface of the road limits. CHAPTER 178. An Act to Authorize the Standard Printing Company, WHEREAS, the Standard Printing Company, Limited Preamble. hereinafter called the "company, " was incorporated under the "Nova Scotia Companies' Act"; And whereas, the company is carrying on a printing and publishing business at New Glasgow, Nova Scotia; And whereas, the company is desirous to have the right and power, should an opportunity offer, to sell and dispose of any property that it may own, or have any interest in, and in case of a sale, to be enabled to give a good and sufficient title to any property sold; Be it therefore enacted by the Governor, Council, and Assembly, as follows: authorized ty to 1. The shareholders of the company, at a meeting Directors, how either called and held for the purpose, or at any convey properannual meeting of the company, by a two-thirds vote of the shares of the company represented at such meeting, in person or by proxy, may authorize and empower the directors, or a majority of them, to sell, convey, assign, transfer and set over to any person or persons, corporation or corporations, all or any part of any property that the company may now own, or hereafter own, or in which the company may now have, or hereafter have any interest, including all property, real, personal, and mixed, for such sum or price or for part stock in any other company, and part cash, or for any other consideration, and upon such terms as to payment, as to the directors may seem advisable. executed, 2. A majority of the directors may authorize the Deeds, how president and secretary, or other directors of the company, to execute for and in the name of the com Nature of meetings. pany, all deeds, transfers, or other documents necessary to convey, transfer and assign any property that the shareholders, under the provisions of section one of this act, may authorize the directors to sell. 3. Due notice shall be given of the annual or any special meeting called for the purpose of considering the vote under the first section of this act by mailing a written notice setting forth the time, place and purposes of such meeting, with postage prepaid, to each of the registered shareholders of the company. CHAPTER 179. An Act to Incorporate the Sydney and East Bay Be it enacted by the Governor, Council, and Assembly, as follows: Incorporation. 1. Thomas Cozzolino, J. C. Larder and J. B. McCormack, all of the City of Sydney, in the County of Cape Breton, their associate successors and assigns, are hereby constituted a body corporate under the name of "The Sydney and East Bay Railway Company, Limited," which is hereafter referred to as "the company. 2. The objects of the company shall be and include:- objects (a) The construction, acquiring, owning, main- (b) The purchase, lease, exercising, letting or (c) The purchase, manufacture, hire, working, (d) The purchase of the interest of or the con- (e) The carrying on of the business of manu- for the application of the same for any useful purpose in and within the territory before mentioned, excepting District 18 in said municipality; (f) To purchase, hire, construct, or manufacture for use in connection with any business of the company, any ships, barges, rolling stock, machinery or plant, and to transport and convey on land and water freight and passengers; (g) To construct and maintain telegraph and telephones, and to carry on the business of a telegraph and telephone company in connection with the business of the company along the line of their works and railways in the Provinec of Nova Scotia; (h) To enter into any agreement or contract with any company having the same or similar objects; (i) The development of hydraulic power, its transformation into electric energy, and transmission for use in public and private lighting and power purposes, for manufacturing, industrial, heating, domestic and other purposes; (j) To purchase, own, hold, lease, acquire, mortgage, sell or otherwise dispose of timber and other lands, real estate, and lands covered with water; (k) The acquirement by purchase, lease or otherwise, of the franchises, interests or property, in whole or in part, of any other company incorporated with objects similar in whole or in part to those of the company hereby incorporated; (1) To enter into, and execute all necessary contracts with other companies for the exchange of freight and passengers, and to make and execute contracts for running rights over the tracks of other companies; |