14TH VICTORIA - CHAPTER 3.
An Act to incorporate the Miramichi and
Richibucto Electric Telegraph Company
Section
1. Incorporation
of Company.
2. Capital
3. Line of Telegraph where made
4. Public roads, &c. on what may enter, &c
6. Tolls, &c. to be taken by Company.
7. Government to have preference. &c.
Section
8. First meeting of stockholders to choose Directors, &c.
9. Annual meeting, where held.
10. Dents, what responsible for.
11. Penalty for obstructing Telegraph, &c.
12. Penalty for damaging works, &c.
Whereas the construction of a line of
Electro-Telegraphic communication between the Bend ( Moncton ) of Petitcodiac,
in the County of Westmorland, and the Miramichi River, would be of great
advantage, and it is deemed advisable to extend encouragement to such
persons as may erect and maintain such a line, by granting them an Act
of Incorporation for that purpose;-
Be
it therefore enacted, & c. -
1. George Kerr, Lestock P.W. DesBrisay, William J. Fraser, Caleb McCully,
David Wark, George H . Russel, Isaac Soureby, William E . Samuel, John
W. Weldon, John M. Johnson, Richard Hutchison, James McPhelim, John
Mackie, John Baquelle, John Pallen, John McDougall, Henry Cunard, Oliver
Willard, John Wright, William S. Caie, John Wyse, Alexander Loudoun,
William A. Black, and such other person as shall from time to time become
proprietors of shares in the Corporation hereby established, their successors
and assigns, shall be and they are hereby ordained, constituted, and
declared to be a Corporation, and a body politic and corporate, by the
name of "The Miramichi and Richibucto Electric Telegraph Company;" and
by that name shall have all the powers made incident to a Corporation
by the Acts of Assembly in this Province, for the purpose of constructing,
maintaining, and working such line of Electro-Telegraphic communication
as hereinafter more particularly set forth.
2. The capital stock of the said Corporation
shall be two thousand pounds, divided into two hundred shares of ten
pounds each, which shares shall be vested in the several persons herein
before named, and such other person as may take shares in the said Corporation,
their successors and assigns, in proportion to their respective shares
and interest, which shares shall be paid at such times and places, and
in such proportions as the Directors of the Company shall appoint; proved
always that the money so to be raised is hereby directed and required
to be laid out for and towards the marking, completing, and maintaining
the said Electric Telegraph, and other purposes therewith connected,
and to no other use or purpose Whatsoever.
3. It shall be lawful for the said Company,
and they are hereby authorized and empowered, by themselves, their deputies,
agents, officers, and workmen, to make and complete a single or double
line of Electro-Telegraphic communication from and between the Bend
of Petitcodiac, in the County of Westmorland, and Chatham, in the County
of Northumberland, with power to establish such branch lines in connection
therewith, as the increase of business, the establishment of Railroads,
or other circumstance may make advisable, and for the purposes of the
said main line and of the said main line and the several branches thereof,
to make sure erections as may be necessary, and to purchase and acquire
such machinery and contrivances, and real or moveable property as may
be or become necessary for the making, maintaining, and working the
said Electro-Telegraphic communication, and may use, hold, and possess
the land over which the said Electric-Telegraph is to pass, in the manner
and under the provisions hereby after set forth.