CHAP. 120 instead of wholly inside thereof as provided by said act, but none of the other provisions of said act shall be hereby affected or modified. SECT. 2. This act shall take effect when approved. Approved February 26, 1891. Doings of cities and towns, and Co., confirmed. Chapter 120. An Act relating to the Knox and Lincoln Railway. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. All the proceedings of various cities and towns K. &. L. R.R. including Bath, Rockland, Thomaston, Wiscasset, Newcastle, Damariscotta and Nobleboro, and of the Knox and Lincoln Railroad Company, transferring to the Penobscot Shore Line Railroad Company, now the Knox and Lincoln Railway, interests in the railroad, ferry privileges, immunities, franchises, and other property formerly of the Knox and Lincoln Railroad Company, with the stock thereof, and the mortgage given by the Penobscot Shore Line Railroad Company to Charles E. Patten, Edward A. Butler and John C. Levensaler, dated the first day of August, eighteen hundred and ninety, and the bonds secured thereby, are hereby confirmed. K. & L. Ry., authorized to sell or lease its property. SECT. 2. The Knox and Lincoln Railway is authorized to lease or sell all the railroad, franchises, privileges, immunities or property which it now has, or may at any time hereafter have, to any railroad corporation now existing, or hereafter incorporated, with whose lines it does now, or may at any time hereafter connect, and to consolidate its stock or management, or both, with such corporation, and to make contracts for the operation or management of the lines of any such connecting corporation, and any such connecting corporation may lease or sell its own railroad, franchises, privileges, immunities or property to the Knox and Lincoln Railway, and may make contracts for the operation or management of the lines of the latter, and in either event, either of the foregoing corporations may respectively accept such lease, sale or contract. Provided, however, that no lease or sale of the Knox and Lincoln Railway shall be made except on a stock vote of not less than two-thirds of the whole amount of the issued capital CHAP. 120 stock of said railway. railroad. SECT. 3. The Knox and Lincoln Railway may, from time May extend its to time, extend its railroad from some convenient point on its present line in Waldoboro or Warren to one or more points in Union, and from some convenient point on its present line in Wiscasset, Edgecomb or Newcastle, to one or more points in Boothbay and Boothbay Harbor, and it may from time to time make changes in its present line at various points for the purpose of straightening, shortening and otherwise improving the same. Provided, however, the authority to locate limitation. and construct under this section into Union, Boothbay or Boothbay Harbor, shall expire in three years from the passage of this act. May change its ferry between Bath and Woolwich. land, wharves, etc. SECT. 4. The Knox and Lincoln Railway is authorized to change the location of, or enlarge and reconstruct its ferry between Bath and Woolwich, and the piers, docks and slips thereof in Bath or Woolwich; and for those purposes it may from time to time take land, wharves and water front- may take age in the same manner provided in revised statutes, chapter fifty-one, section sixteen, and the statutes amendatory thereof, and additional thereto, and subject to the provisions of such statutes. It may also take the necessary rights of way to the same as provided in said chapter fifty-one, section fourteen, and the statutes amendatory thereof and additional thereto. Damages for all the foregoing shall be estimated, damages, how secured, and paid as provided by the public statutes for real estate taken by railroad corporations. Provided, however, proviso. that the building or extension of any wharf, pier or slip in Bath beyond the limits of any existing wharf, pier or slip, shall be subject to approval by the municipal officers of Bath, to be obtained and given as provided in revised statutes, chapter three, section sixty. And the building or extension of any wharf, pier or slip in Woolwich, beyond the limits of any existing wharf, pier or slip, shall be subject to approval by the municipal officers of Woolwich, to be obtained and given as provided in revised statutes, chapter three, section sixty. estimated. capital stock. SECT. 5. So far as necessary for meeting its liabilities, or May increase its for accomplishing anything herein authorized, the Knox and Lincoln Railway may increase its capital stock to not exceeding in the whole, three million dollars. CHAP. 121 SECT. 6. This act shall take effect when approved. Approved February 26, 1891. Doings of company, ratified. M. C. R. R. Company, may acquire leases, etc., of other R. R. corporations. Chapter 121. An Act ratifying certain leases to the Maine Central Railroad Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. The action of the Maine Central Railroad Company accepting leases of the railroads of the Upper Coos Railroad of New Hampshire and the Hereford Railway Company of Canada, and assignments of leases of the railroads. of the Upper Coos Railroad of Vermont and the Coos Valley Railroad Company, and the guaranties by the Maine Central Railroad Company, of bonds, coupons and stock dividends of the Upper Coos Railroad of New Hampshire, or of the Hereford Railway Company, are approved and ratified, and the Maine Central Railroad Company is authorized, from time to time, to execute such further guaranties of bonds, coupons and stock dividends as are called for by the leases herein described. SECT. 2. The Maine Central Railroad Company may acquire, by purchases or leases, interests in the property, franchises, privileges, immunities or shares in the capital stock, or securities of either of the corporations named in the first section of this act, or it may acquire either of the same by consolidating the stock of either with its own, on such terms in either case as may be approved at meetings of the stockholders of the Maine Central Railroad Company legally called additional stock. therefor, and the Maine Central Railroad Company may for the necessary purposes hereof, issue its capital stock in addition to any already authorized by law, or its bonds secured by mortgage on the property, franchises, immunities and privileges so acquired, or otherwise owned by it. -may issue SECT. 3. This act shall take effect when approved. Approved February 27, 1891. CHAP. 122 Chapter 122. An Act in aid of the Bangor and Aroostook Railroad Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: SECT. 1. For and during a period of twenty years from and after the passage of this act, no railroad shall be built in this state, parallel to the line of the Bangor and Aroostook Railroad, which shall, at any point on its line, be less than fifteen miles from the line of the Bangor and Aroostook Railroad, and branches thereof, as finally built. Provided, said Bangor and Aroostook Railroad Company, a corporation organized under the general laws of this state, shall within three years from the passage of this act have built its line of railroad from Brownville or some point on the line of the Bangor and Katahdin Iron Works Railway to Houlton, and have begun work on its line beyond Houlton, and within four years from the passage of this act shall have built its line to Presque Isle, Caribou and Fort Fairfield. It being the intention of this act to prevent the paralleling the line of the Bangor and Aroostook Railroad, but not to prohibit the building of any railroad which may in good faith be built to connect with or cross said railroad without running in the same general direction. Line of railroad Bangor & prohibited for parallel to the Aroostook R.R., 20 years. -proviso. B. & A. R. R. authorized to lease the Company, purchase or Piscataquis SECT. 2. The Bangor and Aroostook Railroad Company is hereby authorized to purchase or lease the line of railroad of the Bangor and Piscataquis Railroad Company, and all rights and franchises and all other property belonging to said Bangor and Piscataquis Railroad Company, including its lease of the Bangor and Katahdin Iron Works Railway, upon such terms and conditions as may be agreed upon between said railroad terms. companies, and said Bangor and Piscataquis Railroad Company is authorized so to sell and lease its road and property and assign the lease of said Bangor and Katahdin Iron Works Railway. authorized to purchase bonds, city of Bangor. stock, etc., of SECT. 3. Said Bangor and Aroostook Railroad Company Company, is hereby authorized to acquire, by purchase or otherwise, of the city of Bangor, upon such terms and subject to such conditions and restrictions as may be agreed upon between the city council of said city of Bangor and said Bangor and Aroostook Railroad Company, any and all stock, bonds, arrears of May make agreement with the state of Maine to and munitions of war, free, in lieu of taxes. CHAP. 122 interest and unpaid coupons on said bonds, and the mortgages which said city holds, of the Bangor and Piscataquis Railroad Company, and any or all the rights of said city in and to any or all personal and real property, actions and rights of action thereto, belonging to said Bangor and Piscataquis Railroad Company, and the franchise or franchises thereof, including its lease of the Bangor and Katahdin Iron Works Railway. SECT. 4. Said Bangor and Aroostook Railroad Company is hereby authorized to enter into an agreement with the state. transport troops of Maine for the transportation over its railroad, so far as constructed, and over the lines of railroad which it may lease or purchase in accordance with section two of this act, or in which it may acquire the interest of the city of Bangor in accordance with section three of this act, of troops and munitions of war, in times of war, insurrection or civil commotion, free of charge other than as herein provided, for a period of twenty years from and after the passage of this act, and to receive therefor from said state, annually, for the term of said contract, an amount which shall equal ninety-five per cent of the taxes collected in the corresponding year by said state from said corporation, upon its road and other real and personal property including its stock and franchises, and also including that purchased or leased or in which it may acquire an interest under either of the two preceding sections of this act. Whenever such a contract shall be executed by said corporation and approved by a majority vote of its stockon part of state. holders at a meeting duly called for that purpose, and shall be presented to the treasurer of said state, it shall be the duty of said treasurer to execute said contract in behalf of said state and thereafter said treasurer shall pay over to said corporation, each year during the term of said contract, the amount provided in this section. -state treasurer, authorized to execute contract SECT. 5. This act shall take effect when approved. Approved February 27, 1891. |