CHAP. 189 May hold and transfer real property. make such sales or leases. All such property, franchises, stock, bonds, so acquired may be pledged or mortgaged to secure the bonds hereinafter authorized. Section II. Said corporation shall have the power to lease, and personal purchase, hold and transfer such real and personal estate and motive power as may be necessary and convenient for its purposes, and may develop water power for the generation of electricity for the operation of its business. May issue bonds secured by of its property. Section 12. Said corporation is authorized from time to mortgage time to issue its interest bearing bonds upon such rates and times and to such amounts as may be expedient, secured by mortgage of its property, franchises, leasehold or other interests, for any purpose deemed necessary by it in the location, construction, completion, improvement, enlargement or operation of its railroad and appendages or in the transaction of its business and to guarantee the payment of the principal and interest, or either, of any bonds issued by any connecting railroad corporation. First meeting, how called. Why this charter is granted. Section 13. The first meeting of said corporation may be called by any three of the corporators above named by notice thereof in writing, signed by said three corporators and given in hand or mailed to each of the other corporators at least seven days before said meeting, and any corporator may act at such meeting by written proxy. Section 14. This charter is granted inasmuch as the objects thereof cannot be attained under the general laws of the state of Maine. Approved March 22, 1911. Change of corporate name. Chapter 189. An Act to amend the charter of the Portland Union Railway Station Be it enacted by the People of the State of Maine, as follows: Section 1. The name of the Portland Union Railway Station Company, incorporated and organized under chapter ninetysix of the special laws of eighteen hundred and eighty-seven, is hereby changed to the Portland Terminal Company, and its franchises, rights, privileges and powers, so far as applicable, are hereby extended throughout the railway terminal created and defined by this act. CHAP. 189 ty Section 2. The railroad terminal, hereby established, shall include within its limits any or all the properties of the Port- What properland Union Railway Station Company, the Boston & Maine terminal Railroad, the Maine Central Railroad Company, the leasehold include. interests of the Maine Central Railroad Company as lessee of the Portland and Ogdensburg Railway and of the Portland & Rumford Falls Railroad, situated in the cities of Portland, South Portland or Westbrook in said state of Maine, and any or all the properties, situated in either of said cities, of any other railroad company using the terminal facilities under agreement with the said Portland Terminal Company. ty terminal acquire for of railroad busi Section 3. For the establishment, maintenance, operation What properand development of such railroad terminal, and for the regu- company may lation of railroad business, passenger, freight and express, with- regulation in its limits, the Portland Terminal Company may acquire by ness. contract, purchase or lease from the Boston & Maine Railroad and the Maine Central Railroad Company, or from any other railroad company using or desiring to use said terminal, all or any part of the railroad franchises, rights or properties within. the limits of said terminal, including lands, rights of way, tracks, road-beds, bridges, wharves, water rights, round-houses, railroad repair shops, stations, or other buildings; and all title. to the same or any interests therein, or any right of exercise or operation thereof or to manage the same, within the limits. aforesaid; nothing herein contained, however, shall authorize the Portland Terminal Company to acquire or to renew the use of the abandoned railroad location from Woodfords to the junction with the belt line, so-called, running from the foot of Preble street to the Union station in Portland. The tracks on said abandoned location and Pitt street bridge, so-called, over the same to be removed by the Boston & Maine Railroad at its own expense within three months after this act takes effect. Within the limits of said terminal for the purpose of making changes and improvements therein and for all the purposes of nent domain its charter, the terminal company shall have the same powers of eminent domain as said railroad companies have by law; damages for real estate taken by condemnation to be estimated damages, and paid in the same manner as provided by law in cases of lands taken for railroad uses. Any corporation owning, operating, or controlling the same is hereby authorized to make sale, lcase or conveyance to the said terminal company of property which the company is hereby authorized to acquire. -same powers of emi as railroad companies. how esti mated. corporaized to to terminal tions author convey property company. CHAP. 189 -may build The Portland Terminal Company is hereby authorized to repair shops. purchase or to build railway repair shops within its limits and to operate the same under its own management. -may operate electric railroads. May establish rules. -change tracks, roadbeds, wharves, stations, etc. Capital stock increased to $500,000. Within the railroad locations included in the terminal the terminal company may locate according to law and build, maintain and operate electric railroads; and may purchase or lease, maintain and operate electric street railroads within the limits of said terminal. Section 4. The terminal company may establish reasonable rules for the government of the territory included in the terminal, regulating the manner of using the same, and the conduct of railroad business therein, passenger, freight and express, by the several railroad companies which, by contract, lease or conveyance as hereinbefore provided, have acquired the right to use the terminal facilities of the terminal company. Within the terminal, the terminal company may make such changes of tracks, road-beds, bridges, wharves, stations or other buildings, as it may deem expedient, or may erect new passenger or freight stations; subject to the action of the municipal officers and the railroad commissioners in any matter to which their jurisdiction by law extends. Section 5. The authorized capital stock of said corporation not exceeding is hereby increased to an amount not exceeding five hundred thousand dollars and the Boston & Maine Railroad and the Maine Central Railroad Company may each subscribe for and hold one-half portion of such increase of the capital stock. The authorized capital stock of the corporation may be increased from time to time by vote of its stockholders, as the purposes of its charter require and as the railroad commissioners approve. -capital stock may be increased by vote of stockholders. Company may issue cure the same by mortgage of its property. Section 6. Said terminal company, to provide means to bonds and se- carry out the purposes of this act, may from time to time issue coupon or registered bonds to such an amount as may be necessary and as may be approved by the board of railroad commissioners. Said corporation may mortgage or pledge as security for the payment of such bonds, or of any bonds given in renewal thereof, a part or all of its franchises and property. -payment off bonds may be guaranteed by railroad companies using terminal facilities. The Boston & Maine Railroad and the Maine Central Railroad Company, and any other railroad company using the terminal facilities by agreement with the terminal company, are each hereby authorized to guarantee the payment of the bonds issued by the Portland Terminal Company under this act, and to lease or convey to said Portland Terminal Company any or all property within the limits of said terminal. CHAP. 190 How railroad companies shall pay for inal facilities. Section 7. The railroad companies using the railway terminal shall pay to the terminal company for such use, in monthly payments, such amounts as may be necessary to pay the ex- use of termpenses of its corporate administration and of the maintenance and operation of the terminal and of the facilities connected therewith and owned by said terminal company, including insurance and all repairs, all taxes and assessments which may be required to be paid by said terminal company, the interest upon its bonds or other obligations issued under the provisions of this act as the same shall become payable, and a dividend, not to exceed five per cent. per annum, upon its capital stock. Each of such railroad companies shall pay for such use of the terminal and its facilities in the proportion in which it has the use thereof, the same to be fixed by the written agreement of all such railroad companies, and in case they fail to agree, the board of railroad commissioners shall determine such proportions upon the application of said terminal company or of any of said railroad companies. Said proportions as so fixed, either by agreement or by decision of the board of railroad commissioners, may be revised and altered from time to time, either by the written agreement of all of the railroad companies at any time, or by the board of railroad commissioners upon like application, at intervals of not less than three years. The decisions of the board of railroad commissioners fixing said proportions of payments shall be final and binding upon all of said railroad companies, and the payments required to be made by them respectively to said terminal company either by such agreement or decisions shall be deemed part of their operating expenses, and the supreme judicial court or any justice thereof shall have jurisdiction in equity to compel such payments to be made, either by mandatory injunction or by other suitable process. Approved March 23, 1911. Chapter 190. An Act to amend Chapter three hundred and seventy-four of the Private and Special Laws of nineteen hundred and nine, authorizing annual appropriation for York Hospital. Chapter 374, Be it enacted by the People of the State of Maine, as follows: Chapter three hundred and seventy-four of the private and special laws of nineteen hundred and nine is hereby amended 1909, amendso as to read as follows: special laws, ed. ized to aid "The inhabitants of the town of York are hereby authorized Town authorto make appropriation annually for the benefit and support of York hospithe York hospital in said town.' tal. Approved March 23, 1911. CHAP. 191 Certain laws relating to ice fishing in Big Wood pond, repealed. Chapter 191. An Act to amend Chapter four hundred and seven of the Private and Special Laws of nineteen hundred and three, as amended, relating to ice fishing in Wood Pond, sometimes called Big Wood Pond, situated in Jackman Plantation and in Township Number One, Range Five, N. B. K. P., known as Attean Township, and in Township Number Five, Range Two, N. B. K. P., known as Dennistown, in the county of Somerset. Be it enacted by the People of the State of Maine, as follows: So much of chapter four hundred and seven of the private and special laws of nineteen hundred and three, as amended, as prohibits fishing through the ice for trout and togue, on Saturday of each week, during February, March and April of each year, in accordance with the general law of the state, in Wood pond, sometimes called Big Wood pond, situated in Jackman plantation, and in township number five, range one, N. B. K. P., known as Attean township, and in township number five, range two, N. B. K. P., known as Dennistown, in the county of Somerset, is hereby repealed. Approved March 23, 1911. Tenure of office fixed. Inconsistent provisions repealed. Chapter 192. An Act to amend Section one of Chapter one hundred and forty-six of the Private and Special Laws of eighteen hundred and ninety-five relating to the Commissioner of Public Works of the City of Portland. Be it enacted by the People of the State of Maine, as follows: Section 1. The term of the present incumbent of the office of the commissioner of public works of the city of Portland is hereby extended for a term of five years from the time when this act shall take effect, and each succeeding appointment thereafter shall be for a term of five years. Section 2. Any provision of chapter one hundred and fortysix of the special laws of eighteen hundred and ninety-five inconsistent herewith are hereby repealed. Approved March 23, 1911. |