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C-14 - Railway Act

Section 163
Disposition versions

Full text
163. If the building of the railway be not commenced, and ten per cent on the amount of the capital be not expended thereon, within three years after the granting of the charter, or if the railway be not finished and put in operation within ten years from the granting of such charter, the corporate existence and powers of the company shall cease.
R. S. 1964, c. 290, s. 180.
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