An Act respecting The Hamilton Mountain Electric Railway Company.
Assented to 8th April, 1915.
Whereas The Hamilton Mountain Electric Railway Company was incorporated by an Act passed in the third and fourth years of His Majesty's reign, chaptered 133, for the purpose of constructing and maintaining an electric railway between the points set out in said Act; and whereas the said company has by its petition prayed that the time for commencement and completion of its undertaking be extended; and whereas it is expedient to grant the prayer of the said petition;
Therefore, His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:—
Time for commencement and completion extended. Rev. Stat. c. 185
1. Notwithstanding anything contained in The Ontario Railway Act, the railway, authorized by the said Act passed in the third and fourth years of His Majesty's reign, Chaptered 133, shall be commenced within two years, and completed within five years, after the passing of this Act; and if the construction of the railway is not commenced and fifteen per cent. of the amount of the Capital Stock is not expended thereon within two years after the passing of this Act, or if the railway is not completed and put in operation within five years from the passing of this Act, then the powers granted to the Company by the said Act and this Act shall cease and be null and void as respects so much of the railway as then remains uncompleted.