Railway Company of the said portion of the Quebec, Montreal, Ottawa and Occidental Railway, be passed during the said session thereof.

In testimony whereof the said parties hereto have executed these presents at Montreal, the day and year first above mentioned :

This agreement, made in duplicate this thirteenth day of March, eighteen hundred and eighty-two, between the St. Eustache Railway Company, a body politic and corporate, duly incorporated by letters-patent of the province of Quebec, and the Canadian Pacific Railway Company,a body politic and corporate, duly incorporated by letters patent of the Dominion of Canada, the said St. Eustache Railway Company acting hereby by Jean-Baptiste Renaud, esquire, the president thereof, duly authorized for the purposes hereof by a resolution of the board of directors of the said last mentioned company, and the said Canadian Pacific Railway Company, acting hereby by Duncan McIntyre and Richard B. Angus, vice-presidents thereof, duly authorized for the purposes hereof by a resolution of the board of directors of the said company;

WITNESSETH : Sale of st. 1. That, subject to the ratification of the shareholders of Eustache Rail- the said St. Eustache Railway Company and also to the Kailway com- ratification of the Legislature of the province of Quebec, pany with as hereinafter provided, the said St. Eustache Railway

Company hereby sell, transfer and assign to the said Canadian Pacific Railway Company, accepting thereof, the whole of their railway, from the junction thereof at Ste.

warranty as to title &c.

nuo road to St.

Thérèse with the Quebec, Montreal, Ottawa and Occi. dental Railway, to its actual terminus in the village of St. Eustache, in the district of Terrebonne, with warranty of title and against all mortgages, hypothecs, charges and incumbrances whaterer; and with all and every the property, lands and tenements and the appurtenances thereof, actually belonging to or being the property or in possession of the said St. Eustache Railway Company, as they now are and exist.

2. The said sale, transfer and conveyance is made for Considerations and in consideration of the sum of fifty thousand dollars, for and cond to be paid after the ratification of those presents, as hereinbefore stipulated, and immediately upon the final completion of the construction of the said railway, of the same quality and standard as the main line of the said Quebec, Montreal, Ottawa and Occidental Railway, with all fencing and other requisite appurtenances, but without equipment.

3. The said Canadian Pacific Railway Company shall Power of comhave the power to continue the said line of railway from pangt St. Eustache, where it now ends, to a point in the parish of Joseph. St. Joseph at or near the intended Gravel Pit.

4. The said Canadian Pacific Railway Company hereby Road to be bind themselves to maintain the said road in good repair, kept in good

E' order by conand to run the same regularly and efficiently with a suf-par ficient number of trains every day to carry the freight and passenger traffic with due regularity and despatch, running at least one passenger train erery day each way.

5. It is hereby agreed that this agreement is thus made Sale made subject to the approval and confirmation of the share-subject

proval by Leholders of the said company and also of the Legislature of gislature. the province of Quebec at its present session; and the said St. Eustache Railway Company, in procuring from the Legislature of Quebec the ratification of these presents, will also procure the insertion of a clause in the act effecting such ratification, by which it shall be provided that the said Canadian Pacific Railway Company shall be vested and on condiwith the said St. Eustache Railway, free and clear of all tion

“perty will be liabilities in favour of any person or body whomsoever, clear of all save and except the consideration of the present deed, charges, &c. leaving to such persons or bodies their rights and claims respectively against the said St. Eustache Railway Company. The said last named company undertaking to discharge all such claims to the exoneration and discharge of the said Canadian Pacific Railway Company.

6. It is hereby further agreed that these presents shall and to take have full force and effect, so soon as the legislation, men

how

subject to ap

the provinhe Railway Comlification of thehe act eflecting

ortion of a ball be provide be rested Biod that person

c

ui tion that pro

Lesents shaming these and clear iblature data

And also r&

tioned in the last preceding section, shall be obtained; but that these presents shall become null and void unless the said legislation, confirming these presents and vesting the said property in the company free and clear of all charges thereon, shall be obtained from the said Legislature during its present session, and also unless an act of the said Legislature, confirming the sale to the said Canadian Pacific Railway Company of the said portion of the Quebec, Montreal, Ottawa and Occidental Railway, be passed dur. ing the said session thereof.

În testimony whereof, the said parties hereto have exetication of sale cuted these presents at Montreal the day and year first of Western section of Q., above mentioned. M., O. &0. R. to company. In the presence of ? St. Eustache R. R. Co.

by " A. C. WÜRTELE"

"J. B. RENAUD,"

President. The Canadian Pacific Railway Company, by

á D. MCINTYRE,"

Vice-President.

" R. B. ANGUS, (L. S.)

Vice-President.

In th.

“ C. DRINKWATER,"

Secretary C. P. R. Co.

CAP. XX.

An Act to order and confirm the sale of that portion of

the Quebec, Montreal, Ottawa and Occidental Railway, known as the Eastern Section, and extending from St. Martin's junction to the city of Quebec.

(Assented to 27th May, 1882.]

Proamble.

W HEREAS the government of the province of Quebec

has entered into a contract for the sale and permanent working of that portion of the Quebec, Montreal, Ottawa and Occidental Railway, known under the name of the Eastern Section, extending from St. Martin's junction to the city of Quebec inclusively, which contract, bearing date the fourth day of March one thousand eight hundred and eighty two, as well as the appendix thereto, hare been submitted to the Legislature to be ratified, and whereas it is expedient to approve and ratify the said contract and to make provisions for the carrying out of

the same: Therefore, Her Majesty, by and with the advice and consent of the Legislature of Quebec, enacts as follows:

1. The said contract, a copy of which, with its appendix, Contract apis hereto annexed, is hereby approved and ratified, and the proved and government is authorized to perform and carry out the conditions thereof, according to their purport and tenor.

ratified.

2. For the purpose of incorporating the persons mentioned in the said contract and those who shall be associated with them in the undertaking and of granting to them the powers necessary to enable them to carry out the said contract, according to the terms and conditions thereof, the lieutenant-governor may grant to them in conformity with the said contract, under the corporate name of the: “North Shore Railway Company," a charter confer- Name of the ring upon them the franchises, privileges and powers em- corporatiou bodied in the appendix to the said contract and to this act annexed, and such charter being published in the Quebec Oficial Gazetle, with any Order or Orders in Council relating to it, shall have force and effect as if it were an act of the Legislature of Quebec and shall be held to be an act of incorporation within the meaning and tenor of the said contract.

of work

3. Upon the organization of the said company and the Possession and deposit by them, with the government, of five hundred light

Wing certain thousand dollars in cash, on account of the price of sale, part of the Q., and in consideration of the completion and perpetual and

on and pornetnolond M., O. & 0.

4 Railway transefficient operation of the railway and its branches by the ferred to the said company, as stipulated in the said contract,the govern- Company upon

the execution ment may transfer to the said company the possession of certain of and right of working that portion of the railway, known conditions. under the name of the Eastern section, and extending from St. Martin's Junction to the city of Quebec inclusively, as well as of the branches, as described in the said contract ; and the said portion of the road and its branches, as well as all the lands and properties mentioned in the contract, notwithstanding that such lands and properties are not described by meets and bounds or under their cadastral numbers, in accordance with the civil code, shall become and afterwards remain the exclusive property of the company, the whole nevertheless upon the terms and conditions and subject to the restrictions and reservations stipulated in the said contract.

4. The privilege of bailleur de fonds, for securing the Privilege of payment of the balance of the price of the sale, in capital,

y, declared valid clause 20 of th Governme

ment of the and interest, and the special hypothec for five hundred balance of the thousand dollars created in favor of the Government of price of sale und special the Province of Quebec by clause 20 of the said contract, bi pothec for are, hereby, declared valid and. binding on the said com$500,000 declared valid pany with the same effect and to the same extent, with and binding, regard to the property thus hypothecated and charged, as

if the same had been described in the said deed by meets and bounds, or by the cadastral numbers thereof, in conformity with the provisions of the Civil Code of Lower Canada ; and the rank and priority of the Government of the said Province, as privileged and hypothecary creditor of the said railway and its appurtenances and of the said immovable property conveyed to the said railway, shall be preserved with the same effect and in the same manner as if the said agreement had been duly registered, upon the day of the passing of this act, against the said railway and other immorable property, in each of the Registry Offices of the several registration dirisions, wherein the said railway and property or any portion thereof are situated, in conformity with the provisions of the Civil Code of Lower Canada, at the date of the said agreement.

Discharge of 5. Whenever the company shall, in execution of the said mortgage for contract, have constructed works to the amount of two $500,000 given upon höhundred thousand dollars to the satisfaction of the lieu. execu!t of tenant-governor in council, a discharge of the mortgage certa inirks.

' for five hundred thousand dollars, mentioned in the said contract, shall be given on the part of the government, by notice to that effect in the Quebec Official Gazetle, and such notice shall have the effect of cancelling such hy

pothec. Similar dis Whenever a payment shall be made on account of the charge when- price of the sale by the said company, the provincial treaever a payment is made surer shall give notice in the Quebec Official Gazette, on account of which shall also have the effect of partially or totally the price of

cancelling the hypothec as the case may be, for all lawful purposes.

sale.

Additional preamble.

the souties of Threeiptions of oned it is e

6. And whereas, by clauses 16 and 17 of the contract, the government cedes to the company all its rights against the cities of Three Rivers and Quebec, arising from their respective subscriptions of one hundred thousand dollars and one million dollars, and it is expedient to establish certain provisions on the subject, it is further enacted

as follows: When the do- The debentures of the city of Three Rivers shall be beatures of the no city of Three exigible by the company only after the execution of the Rivers shall works mentioned in clause 16 of the contract; but it shall becomo exi

million Home of one hundreia arising