R.S.M. 1990, c. 163
The Rural Railway Company of Manitoba Incorporation Act
1 | Incorporators |
2 | Capital stock |
3 | Head office |
4 | When company may begin operations |
5 | Provisional directors |
6 | First meeting of shareholders |
7(1) | Election of directors, five to nine in number |
(2) | Annual general meeting |
8 | Election of president and vice-president |
9 | "Railway Act" to apply |
10 | Powers and objects of the company |
11 | Construction of telegraph lines and bridges |
12 | Use of streets and highways |
13 | How rails to be laid |
14 | |
15 | Remedy in case passenger refuses to pay fare |
16 | |
17 | Acquisition of land for residences, townsites, parks and company |
18 | Power to supply sand, gravel, stones, etc., and to acquire land for such purpose |
19 | May carry on a general lumber and fuel business |
20 | May own and operate a navigation business |
21 | May contract with cities to clean streets, remove garbage, etc. |
22 | Form of deed to company of land |
23 | |
24 | Municipalities may pass by-laws to carry agreements into effect |
25 | Company may receive bonuses |
26 | |
27 | Transfer of shares |
28 | Dealing in property |
29 | Issue of bonds or debentures |
30 | Sale or pledge of securities to raise funds |
31 | Amount of each bond |
32 | There may be successive issues of bonds |
33 | Mortgage of undertaking to secure bonds |
34 | Securities to be a first claim and charge upon the whole undertaking |
35 | Holders of securities to be paid pro rata |
36(1) | If default made in payment, holders to have rights of shareholders |
(2) | But only if so provided in the mortgage and if bonds etc., duly registered |
(3) | Other rights of holders not taken away |
37 | Transfer of securities |
38 | Negotiable instruments to which company is a party |
39 | Rights of Winnipeg Electric Railway Company not to be infringed upon |
40 | |
SCHEDULE A |