. The Montreal law reports [microform]. Law reports, digests, etc; Law; Jurisprudence; Droit. \' :5\ f Farwell . Walbridga. CroM,J. (f ^^ â â â ⢠*-«* , * sr* A - /. -i g4 ' MOMTBEAL lAW REPOBTB. Should bo made in the payment of said bonds or th. interest coupons thereto attached, to take possession of and run manage and control the said rail- wa; and other property conveyed to them aa fully and effectually as the company might d«> the same. By section 6. in the event of default being made in the navment of, the,bonds or any of the coupons thereto atTaXd and upon
. The Montreal law reports [microform]. Law reports, digests, etc; Law; Jurisprudence; Droit. \' :5\ f Farwell . Walbridga. CroM,J. (f ^^ â â â ⢠*-«* , * sr* A - /. -i g4 ' MOMTBEAL lAW REPOBTB. Should bo made in the payment of said bonds or th. interest coupons thereto attached, to take possession of and run manage and control the said rail- wa; and other property conveyed to them aa fully and effectually as the company might d«> the same. By section 6. in the event of default being made in the navment of, the,bonds or any of the coupons thereto atTaXd and upon the performance of all things in the a^^ coLyance'stipulatecr and set forth as be ng neces- sary to divest the company of all interest, nght or. demption. claim or title in or to said railway and oUior property therein conveyed, the company should be abso^ . Ltely divested of all interest, right of redemption, claim or title in or to the said railway franchise and other pro- âertv and the same should thereupon immediately be -Ind become vested absolutely in the s^^d trustees or the holders and owners of the said bonds^Wi the said con- vev«»ce might be provided. By section t, it was declared that such conveyance - should be to all intents valid and create a first hen pri- vilege and mortgage upon said railway. It was fur her. .by sec"on^lO.,4pressly declared that neither the then present proprietors, viz., the said railway company nor those contemplated by the said Act. should have the p^er to close or cease running any part of the said road. Trustees appear to have been regularly named accord- ing to the provisions of this Act, and with due authority of the company and the trustees, representatives of the bondholders, a deed was execut^d^ bearing date the 12th of August. 1881. purporting to be the conveyance c^- templfted by the abJVS-cited Act. making provision fo the issue of the bonds authorized by the said Act. and conveying its railway franchise «^
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