276
Power to let undertaking.
Power to mortgage undertaking.
Right of user by Government.
Company may refuse to carry certain goods.
No. 2 of 1883.
PEAK TRAMWAY,
pany in respect to the undertaking, or part thereof, sold or assigned, shall be transferred to, vested in, and may be exercised by, and shall attach to, the person to whom the same has been sold or assigned, in like manner as if the undertaking, or part thereof, sold or assigned, was constructed by such person under the powers conferred by this Ordinance, and in reference to the same he shall be deemed to be the company.
19. Subject to the approval of the Governor-in-Council, the company may demise its undertaking, or any part thereof, to such person and for such term, and on such conditions, in all respects as the company may think fit, to take effect either in possession or at some future date, and either with or without a premium as a consideration for such demise.
20. It shall be lawful for the company to borrow money on mortgage of all or any part of its undertaking, and for that purpose to assign or demise by way of mortgage all or any portion of its lands, messuages, or tenements, erections, buildings, works, rolling stock, plant, machinery, chattels, and effects to any person, and to enter into all such covenants, provisoes, declarations, and agreements, as the company may think fit.
21. The Governor-in-Council may, by order, direct that precedence over the company and all other persons in the user of the tramway be taken for defensive or military purposes or for the passage of troops and war material, on giving to the company, on each occasion of such user, 3 clear days' notice, and shall direct the payment to the company therefor of such tolls as may be agreed on. If no agreement is come to, then the amount of such tolls shall be determined upon petition to the Court in a summary way.
22. Save and except passengers' luggage not exceeding 16 pounds in weight or one cubic foot in measurement, the company shall not be bound to carry any animals, goods, merchandise, minerals, or parcels.
Tolls.
23.(1) The company may demand and take the tolls specified in the schedule, which shall be paid to such persons, and at such times as...
* As amended by No. 62 of 1911 and No. 8 of 1912.
* As amended by No. 62 of 1911, No. 63 of 1911 and No. 8 of 1912.
As amended by No. 8 of 1912.
276
Power to let under- taking.
*
Power to mortgage undertaking.
*
Right of user by Govern ment.
Company
may refuse
to carry
No. 2 of 1883.
PEAK TRAMWAY,
pany in respect to the undertaking, or part thereof, sold or assigned, shall be transferred to, vested in, and may be exercised by, and shall attach to, the person to whom the same has been sold or assigned, in like manner as if the undertaking, or part thereof, sold or assigned, was constructed by such person under the powers conferred by this Ordinance, and in reference to the same he shall be deemed to be the company.
19. Subject to the approval of the Governor-in-Council, the company may demise its undertaking, or any part thereof, to such person and for such term, and on such conditions, in all respects as the company may think fit, to take effect either in possession or at some future date, and either with or without a premium as a consideration for such demise.
20. It shall be lawful for the company to borrow money on mortgage of all or any part of its undertaking, and for that purpose to assign or demise by way of mortgage all or any portion of its lands, messuages, or tenements, erections, buildings, works, roll- ing stock, plant, machinery, chattels, and effects to any person, and to enter into all such covenants, provisoes, declarations, and agreements, as the company may think fit.
21. The Governor-in-Council may, by order, direct that pre- cedence over the company and all other persons in the user of the tramway be taken for defensiv or military purposes or for the passage of troops and war material, on giving to the company, on each occasion of such user, 3 clear days notice, and shall direct the payment to the company therefor of such tolls as may be agreed on. If no agreement is come to, then the amount of such tolls shall be determined upon petition to the Court in a summary
way.
22. Save and except passengers' luggage not exceeding 16 pounds in weight or one cubic foot in measurement, the company certain goods. shall not be bound to carry any animals, goods, merchandise,
minerals, or parcels.
Tolls.
t
23.(1) The company may demand and take the tolls specified in the schedule, which shall be paid to such persons, and at such
* As amended by No. 62 of 1911 and No. 8 of 1912.
As amended by No. 62 of 1911, No. 63 of 1911 and No. 8 of 1912. As amended by No. 8 of 1912.
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