C-14 - Railway Act

Section 225 Disposition versions

1977-12-31

225. The directors of any railway company may, at any time, make agreements or arrangements with any other company, either in Québec or elsewhere, for the regulation and interchange of traffic passing to and from their railways, and for the working of the traffic over the said railways respectively, or for either of these objects separately, and for the division of tolls, rates and charges in respect of such traffic, and generally in relation to the management and operation of the railways, or any of them, or any part thereof, and of any railways in connection therewith, for any term not exceeding fifty years, and, for the better carrying into effect of any such agreement or arrangement, may provide, either by proxy or otherwise, for the appointment of a joint committee or committees with such powers and functions as may be considered necessary or expedient, subject to the consent of two-thirds of the stockholders, voting in person or by proxy.

R. S. 1964, c. 290, s. 242.