CHAP. 40 Chapter 40. An Act relating to the Rumford Falls and Rangeley Lakes Railroad Be it enacted by the Senate and House of Representatives in Section 1. That the action of the Rumford Falls and Rangeley Lakes Railroad Company in issuing its four per cent mort gage bonds of the date of November second, in the year of our Lord nineteen hundred and three, and in securing the same by its trust mortgage of the same date upon all its property and franchises of every name and nature then owned or thereafter acquired, be and hereby is ratified and confirmed. Section 2. This act shall take effect when approved. Approved February 14, 1905. Chapter 41. An Act to extend the charter of Columbia Falls Water and Electric Be it enacted by the Senate and House of Representatives in Section 1. The rights, powers and privileges of Columbia Falls Water and Electric Light Company which were granted by chapter four hundred and seventy-one, of the private and special laws of one thousand nine hundred and one, are hereby extended for two years from the approval of this act and the persons named in said act, their associates and successors shall have all the rights, powers and privileges that were granted them by said act to be exercised in the same manner and for the same purposes as specified in said act. Section 2. This act shall take effect when approved. Approved February 14, 1905. 17 CHAP. 42 Section 13, chapter 138, private and special laws of 1903, amended. Charter extended. Chapter 42. An Act to extend the charter of the Maine Midland Railroad Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. Section thirteen of chapter one hundred and thirty-eight of the private and special laws for nineteen hundred and three is hereby amended, so as to read as follows: 'Section 13. Said corporation shall organize and the location of the railroad according to actual survey shall be filed with the county commissioners of Franklin county and of Androscoggin county on or before the first day of February, nineteen hundred and seven, and the said corporation shall be and hereby is given until the first day of April, nineteen hundred and nine, within which to build and operate its said railroad.' Section 2. This act shall take effect when approved. Approved February 14, 1905. Northern Telegraph Company authorized to extend lines. Section 4. chapter 186, private and special laws of 1879, amended. Capital stock. Chapter 43. An Act to authorize the Northern Telegraph Company to extend its lines along the Northern Maine Seaport Railroad, and to increase its capital stock. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. The Northern Telegraph Company, in addition to the telegraph lines which it now operates, is hereby authorized and empowered to extend, build, maintain and operate its line to, into and through the same cities and towns, to, into and through which the Northern Maine Seaport Railroad Company may now or hereafter be located. Section 2. Section four of chapter one hundred and eightysix of the private and special laws of eighteen hundred and seventy-nine, is hereby amended by changing the word “one” in the second line thereof to 'two,' so that said section, as amended, shall read as follows: 'Section 4. The capital stock of said company shall be fixed by the by-laws thereof, but not to exceed two hundred thousand dollars.' Section 3. This act shall take effect when approved. Approved February 15, 1905. CHAP. 44 Chapter 44. An Act to extend the charter of the Rangeley Water Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Water Section 1. The rights, powers and privileges of the Range- Rangeley ley Water Company, which were granted by chapter sixty-one Company, of the private and special laws of nineteen hundred and three extended. are hereby extended for two years from the approval of this act; and the persons named in said act, their associates and successors shall have all the rights, powers and privileges that were granted them by said act, to be exercised in the same manner and for the same purposes as therein specified. Section 2. This act shall take effect when approved. Approved February 16, 1905. Chapter 45. An Act to amend Chapter one hundred and seventy-three of the Private and Special Laws of eightee hundred and eighty-three, entitled "An Act to amend the charter of the city of Auburn." Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. That section one of said act be amended, so that Section 1, it shall read as follows: chapter 173, private and and special laws of 1883, amended. ing school membership 'Section 1. The superintending school committee of the city of Auburn, after the third Monday of March next following Superintend the annual election first held after this act goes into effect, shall committee, consist of the mayor of said city for the time being, who shall be ex-officio chairman, and five other persons to be elected as hereinafter provided.' Section 2. That section two of said act be amended, so that it shall read as follows: of. Section 2, amended. Election of ing school superintend committee. 'Section 2. The qualified voters in each ward shall, at the annual municipal election next after this act goes into effect, by a plurality of the votes cast, elect one of the residents of said ward as a member of the superintending school committee. The members of the superintending school committee, first chosen under the provisions of this act, shall, at their first meeting, designate by lot two members who shall hold office for the tenure term of one year, two for the term of two years and one for the term of three years.' СНАР. 46 Section 3, amended. Subsequent elections. Section 5, amended. vacancies, how filled. Inconsistent acts repealed. Section 3. That section three of said act be amended, so that it shall read as follows: 'Section 3. At each subsequent annual municipal election the qualified voters of the city shall, in the same manner as is provided for the election of the mayor, elect one or two residents of the city as a member or members of the superintending school committee, to fill the place or places of the member or members whose term or terms shall expire in March of that year, who shall hold office for the term of three years.' Section 4. That section five of said act be amended, so that it shall read as follows: 'Section 5. Whenever for any reason a vacancy in said committee shall arise during the municipal year the city council shall in joint convention elect a person to fill such vacancy until the next annual election, when the qualified voters of said city shall fill such vacancy for the remainder of the term.' Section 5. All acts or parts of acts, inconsistent with the provisions of this act, are hereby repealed. Section 6. This act shall take effect when approved by the governor and accepted by the city council of the city of Auburn. Approved February 16, 1905. Organization ratified. Name changed. May acquire Public Works Company, Bangor Street Ry., Bangor Electric Light and Power Company. Chapter 46. An Act to confirm the organization of the Old Town Electric Company to change its name to Bangor Railway and Electric Company, and to authorize it to acquire the properties and franchises of the Public Works Company, the Bangor, Orono and Old Town Railway Company and the Bangor, Hampden and Winterport Railway Company, and to confer certain powers upon said Bangor Railway and Electric Company. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. The organization of the Old Town Electric Company, a corporation organized under the general laws of the state of Maine, is hereby ratified, approved and confirmed. Section 2. The name of the Old Town Electric Company is hereby changed to Bangor Railway and Electric Company. Section 3. The Bangor Railway and Electric Company shall have power and authority to acquire by purchase, lease, merger or consolidation, all the properties, rights, privileges and franchises of the Public Works Company, including the property, rights, privileges and franchises of the Bangor Street Railway, Bangor Electric Light and Power Company, Penobscot Water and Power Company and Brewer Water Company, heretofore CHAP. 46 Penobscot Water and Company. acquired by said Public Works Company, the Bangor, Orono and Old Town Railway Company, and the Bangor, Hampden and Winterport Railway, upon such terms and conditions as may Power be agreed upon by the stockholders of said several companies, and subject to the provisions of sections fifty-six to sixty-seven, inclusive. of chapter forty-seven of the revised statutes, and subject also to the rights of all creditors of each and all of said com- Company. panies, and each and all of said companies are hereby authorized and empowered to lease or sell and convey their respective prop erties, rights, privileges and franchises to said Bangor Railway and Electric Company or to merge or consolidate with said Bangor Railway and Electric Company. Brewer Water Rights, privileges. Section 4. The Bangor Railway and Electric Company shall have, possess and enjoy all the rights, powers, privileges and powers and franchises specified in its certificate of organization, and also, upon the purchase or acquisition of the properties, rights, privileges and franchises of the several companies named in section three of this act, or any of them, shall have, possess and enjoy all the powers, rights, privileges and franchises specified in the charters of, or held, possessed or enjoyed by said several companies so purchased or acquired, and shall also have, possess and enjoy all of the powers of a corporation formed under the provisions of chapter forty-seven of the revised statutes of the state of Maine. Section 5. The capital stock of the Bangor Railway and Electric Company may be increased from time to time at any legal meeting of its stockholders. Capital stock. bonds. Section 6. The Bangor Railway and Electric Company is May issue hereby authorized and empowered to issue its bonds for the purpose of providing means with which to pay for the properties, rights and privileges which it is hereby authorized to acquire, to pay its debts and the debts of the several companies, the properties, rights, privileges and franchises of which it may acquire under the authority herein and hereby conferred, to improve or add to its properties, and to raise such funds as may be required in the conduct of its business, and to secure the same by mortgage upon all or any part of its properties, franchises, rights and privileges. Section 7. The Bangor Railway and Electric Company may purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of the shares of the capital stock of, or any bonds, securities or evidences of indebtedness created by any other corporation or corporations of this or any other state, territory or country and while owners of such stock may exercise all the May purchase, hold, sell, etc., shares and bonds of other corporations. |