R.S.M. 1990, c. 255
The Railway Companies Incorporation Act
4 | ||
1 | (1) | Definition |
(2) | Application of Railway Act | |
2 | Telegraph and telephone lines | |
DIRECTORS – OFFICERS | ||
3 | Number of directors | |
4 | Directors, how chosen | |
5 | Vote | |
6 | Vacancies in board | |
7 | Scrutineers | |
8 | Who eligible for director | |
9 | Books and papers at election | |
10 | Directors to appoint officers | |
11 | Cases unprovided for | |
CAPITAL – SHAREHOLDERS | ||
12 | When directors may open stock books | |
13 | Amount to be paid at time of subscribing stock | |
14 | Directors may call for payment of stock | |
15 | Power of board of directors as to persons neglecting to pay said call | |
16 | Capital stock to be personal estate | |
17 | Company may increase its capital stock | |
18 | Increase must be ratified | |
19 | Entry in minute book | |
20 | Liability of shareholders | |
21 | Executor not personally liable | |
22 | Power to regulate and allot subscriptions | |
23 | Aliens may be shareholders | |
BONDS – DEBENTURE STOCK | ||
24 | Issuing bonds | |
25 | Register of debenture stock | |
26 | Company to give certificate for debenture stock | |
27 | Debenture stock less than $100. | |
28 | Bonds transferable by delivery | |
29 | Secretary to register on request | |
30 | Debenture stock personal estate | |
31 | Company may sell or pledge debenture stock | |
32 | Money so raised to be applied in construction | |
33 | To have power to issue debenture stock | |
TRANSFER REGISTER | ||
34 | Directors may make regulations as to transfers | |
BILLS AND NOTES | ||
35 | Powers of company as to promissory notes | |
LANDS | ||
36 | Power of company | |
37 | Purchasing land | |
38 | Snow fences | |
39 | Form of conveyance of lands | |
PLANS AND SURVEYS | ||
40 | Plans and levels to be made | |
41 | Directors may change route | |
42 | Book of reference | |
43 | Map and book of reference to be certified | |
44 | Copies deposited in registry office | |
45 | Profiles of gauges, etc., subject to approval | |
46 | Scale and material of map and certification thereof | |
47 | Correction of error | |
48 | Construction not to proceed until plans are deposited | |
49 | Company may make surveys | |
50 | Copies of plans | |
51 | Certified copy | |
CONSTRUCTION – ARRANGEMENTS WITH OTHER COMPANIES | ||
52 | Time for construction of road | |
53 | Contracts for construction | |
54 | Company may make arrangements for amalgamation | |
55 | Company to have power to collect charges on goods and be subrogated | |
DUTIES OF RAILWAY COMPANIES | ||
56 | Duty of company |