affixed its corporate seal, and these presents have been signed by the General Manager of the Company, the day and year first above written. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty, CHAP. 6. An Act to authorize the acquisition by the Dominion of the Drummond County Railway. W [Assented to 11th August, 1899.] WHEREAS it is expedient to provide for the acquisition by Preamble. the Dominion of the Drummond County Railway, to the end that it may be made part of the Intercolonial Railway: Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: authorized. 1. The Governor in Council is hereby authorized to purchase Purchase of from the Drummond County Railway Company, and the said railway Company is hereby authorized to sell and convey to Her Majesty, the whole of the railway and undertaking of the said Company, including its main and branch lines of railway and all buildings, fixtures and appurtenances appertaining thereto; and upon such purchase being effected, the said railway and To be part its branch lines shall become and form part of the Intercolonial Railway and may be operated as such. of I. C. R. 2. The purchase shall include all running powers and other What purchase rights, privileges and concessions acquired by the said Company includes. from any other railway company or companies, and all its franchises and property of whatsoever kind, excepting only the rolling stock and station furniture of the Company and the tools of the section men. 3. The said railway and undertaking shall be conveyed to Her Majesty free and clear from all charges, liens or encumbrances affecting the same under or by virtue or in respect of any mortgage, bonds, debentures, preference stocks, or other securities, or otherwise howsoever, and the said Company shall release Her Majesty from all claims and demands under a certain lease and agreement, bearing date the twenty-fifth day of February, one thousand eight hundred and ninety-eight, and made between the said Company of the first part and Her Majesty of the second part. Railway to cumbrances. be free of en Price to be paid. 1897, c. 4. Operation of ed. 4. There may be paid for the said railway and undertaking and other property as aforesaid, out of any unappropriated moneys forming part of the Consolidated Revenue Fund, the sum of one million six hundred thousand dollars, less any sum paid the Company as authorized by chapter four of the statutes of 1897 to be granted to the said Company as a subsidy for forty-two and a half miles of its railway from Moose Park to the Chaudière River. 5. This Act shall not come into force until after the Act of Act suspend- the present session intituled: An Act to confirm an agreement entered into by Her Majesty with the Grand Trunk Railway Company of Canada, for the purpose of securing the extension of the Intercolonial Railway System to the City of Montreal, is brought into operation by the Governor General's proclamation as required by the said Act. 1899, a. 5. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the Queen's most Excellent Majesty. CHAP. 7. An Act to authorize the granting of subsidies in aid of the construction of the lines of railway therein mentioned. [Assented to 11th August, 1899.] HER Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: "Cost." determined. 1. In this Act, unless the context otherwise requires, the Interpretaexpression "cost" means the actual, necessary and reasonable tion. cost and shall include the amount expended upon any bridge, up to and not exceeding $25,000, forming part of the line of railway subsidized not otherwise receiving any bonus, but shall not include the cost of equipping the railway, nor the cost of terminals and right of way of the railway in any city or incorporated town; and such actual, necessary and reason- Cost, how able cost shall be determined by the Governor in Council, upon the recommendation of the Minister of Railways and Canals, and upon the report of the Chief Engineer of Govern ment Railways, certifying that he has made or caused to be made an inspection of the line of railway for which payment of subsidy is asked, and careful inquiry into the cost thereof, and that in his opinion the amount upon which the subsidy is claimed is reasonable, and does not exceed the true, actual and proper cost of the construction of such railway. 2. The Governor in Council may grant a subsidy of $3,200 Subsidies per mile towards the construction of each of the undermen- authorized tioned lines of railway (not exceeding in any case the number of miles hereinafter respectively stated) which shall not cost more on the average than $15,000 per mile for the mileage subsidized, and towards the construction of each of the said lines of railway not exceeding the mileage hereinafter stated, which shall cost more on the average than $15,000 per mile for the mileage subsidized, a further subsidy beyond the sum of $3,200 per mile of fifty per cent on so much of the average |