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C-14 - Railway Act
Section 26
Disposition versions
26. The directors shall appoint such officers as they deem requisite, and shall exact such security as they may deem advisable from the manager or officers responsible for the moneys raised under this act and the charter, for the faithful performance of their duties. Such security shall be by bonds to a sufficient amount or by the guarantee of The Guarantee Company of North America or of any company incorporated for the like purposes, or otherwise, as the directors may deem expedient.
