COMPANIES. COMPANIES IN PARTICULAR.-Continued. Companies for construction of roads and other works.--Continued. Municipalities interested may loan to company, subject to Municipal Code. May subscribe stock subject to Municipal Code. Chief officer to act for corporation.. Payment of shares subscribed.. SHARES, CALLS AND LOANS. Books to be kept and open to inspection.... 5006 Loans, company may borrow money on mortgage if necessary. 5011 Crown may purchase stock and rights of company after certain period...... 5055 5055 TAKING POSSESSION OF LANDS BY THE COMPANY. Company may take possession on payment or tender of award. 5041 $3 COMPANIES. COMPANIES IN PARTICULAR.-Continued. Companies for construction of roads and other works.-Continued. If there be more than one proprietor of any property. 5027 Parties unable to sell, to agree upon fixed annual rent. 5026 Tolls on roads, &c., to be chargeable with rents before other claims . $2 Compensation to be paid for any part of road already stoned.. 5075 Consent of parties interested to be obtained in certain cases....... 5075 Consent of shareholders required to change provisions of Letters Patent.... 5073 Proprietors of lands, bound to maintain roads, may be incorporated. 5064 5068 Company may acquire, alienate, &c., property. May become party to promissory notes.. 5082 5090 5085 5084 Power to borrow under certain restrictions and hypothecate roads.. 5091 Power of certain persons to take shares, and proportion to be taken. 5077 COMPANIES. COMPANIES IN PARTICULAR.-Continued. Companies for stoning roads.--Continued. TRANSFER AND CONVEYANCE OF LANDS. Agreements with proprietors owning undividedly Possession may be given by them... Corporations, &c., may sell land to company. Companies to facilitate transmission of timber down rivers Award, amount of to be paid on demand.. 4965 Record of, to be drawn up and registered. 4966 To declare who pays costs.... 4967 Company entitled to conveyance on tender of amount awarded.. 4962 When matters respecting compensation may be submitted to arbitra- 4960 Companies may be formed for improvement of rivers and streams..... 4984 4985 4921 4923 COMPANIES. COMPANIES IN PARTICULAR.-Continued. Companies to facilitate transmission of timber down rivers FORMATION OF THE COMPANY.—Continued. Five or more persons having subscribed stock may execute an instru- 4924 How registration to be made. 4925 Persons paying certain percentage per share for defaulters may recover Rights of parties as to water powers erected by the company. 4974 |