112. Whenever, for the purpose of procuring sufficient land for stations or gravel-pits, or for constructing, maintaining, and using the railway, any land may be taken under the provisions of this act, and by purchasing the whole of any lot or parcel of land over which the railway is to run, or of which any part may be taken under the said provisions, the company can obtain the same at a more reasonable price or to greater advantage than by purchasing the land necessary for the track alone, or only such parts as aforesaid, the company may purchase, hold, use and enjoy the whole of such lot or parcel, and also the right of way thereto, if the same be separated from its line of railway, and may sell and convey the same, or any part thereof, as it may deem expedient; but the provisions of this act shall not apply to the taking of any portion of such lot or parcel, not necessary for the purposes aforesaid.
R. S. 1964, c. 290, s. 118.