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C-14 - Railway Act

Section 29
Disposition versions

Full text
29. Whenever, by the terms of any charter incorporating any railway company, it is required that a certain proportion of the stock of such company shall have been subscribed, before the calling of a meeting of shareholders for the purpose of electing directors, it shall be sufficient that such proportion of stock shall have been subscribed before such election takes place, even though it was not subscribed when such meeting was called, and every election already had under any such charter shall be valid, provided that before it took place, such proportion of stock had been subscribed.
R. S. 1964, c. 290, s. 29.
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