Respecting additional rolling stock.

Remission of certain duties.

Lands exempt from taxation.

Government

to provide all lands.

Application of existing Acts and contracts.

9. The Company shall, from time to time, subject to the approval of the Government, which approval shall not be unreasonably withheld, furnish rolling stock, equipment and accommodations in addition to those which, under the Construction Contract bearing date the 7th day of December, 1909, shall have been furnished by the Company and placed upon the road, as fast and in such quantities and of such description as the developing and increasing business of the Railway may require, so that the traffic requirements of the country may be fully met. At the termination of the full period of fifty years from the first day of August, 1901, such additional rolling stock, equipment and accommodations and other improvements as shall, in pursuance of this clause, have been constructed or erected with the consent of the Government, on the said Branches, shall be taken over by the Government and paid for at a fair valuation.

10. The following articles, to be used in the construction of the said Branch Railways, shall be admitted into the Colony free of duty-rails, fish-plates, fish-bolts and track spikes The said Branch Railways shall be exempt from municipal or local taxation during the said period of fifty years from the first day of August, 1901.

11 Lands to be granted by the Government under this Contract shall be free from taxation so long as they shall remain unimproved or unoccupied.

12. The Government shall provide for the Company all lands which may be required for the purpose of the Branch Railways constructed and to be constructed.

13. In all respects, except as herein provided, the existing clauses of the Contracts of 1898 and 1901, and all the Acts confirming the same, shall continue in full force, and shall apply as well to the maintenance and operation of the said Branch Railways, to be constructed under the provisions of the said Contract, dated the 7th day of December, 1909, as to the operation and maintenance of the Newfoundland Railway, the subject of the said Contracts of 1898 and 1901

14. This Contract is subject to the approval and ratifi- Approval of the Legislature. cation of the Legislature.

In Witness whereof, His Excellency the Governor in
Council has caused the Great Seal of the Island of
Newfoundland to be set hereto and has signed
these presents and the Company has caused its
Seal to be affixed hereto in the presence of the
undersigned Directors, at St. John's, the day and
year first above written.

By His Excellency's Command.

Preamble.

Enacting clause.

Interpretation.

Application of Act.

CAP. XIII.

An Act Respecting Newfoundland Government Securities.

SECTION

1. Interpretation.

2. Application of Act.

3. Money payable on final judgment
without further appropriation.

WHE

[PASSED MARCH 22ND, 1910.]

SECTION

4. Certificate of financial agent's authority to Auditor General.

5. Disallowance of Act proper in certain cases.

'HEREAS under the Act 5, Ed. VII., Cap. 3, provision was made to enable advantage to be taken in respect to the investment of trust funds in certain Newfoundland securities of the provisions of an Act of the Imperial Parliament 63 and 64 Vic., Cap, 62, called "The Colonial Stock Act, 1900;"

And Whereas it is desirable to extend the provisions of the said Act 5 Ed. VII., cap. 3 to all Newfoundland securities issued or created in accordance with the Acts 40 and 41 Vic., Cap, 59, 55 and 56 Vic., Cap. 33 and 63 and 64 Vic., Cap. 62, of the Parliament of the United Kingdom of Great Britain and Ireland, called "The Colonial Stock Acts, 1877 to 1900."

Be it therefore enacted by the Governor, the Legislative Council and the House of Assembly, in Legislative Session convened, as follows:

1. In this Act the expression "financial agents" means Messrs Glynn, Mills, Currie & Co., Bankers, of 67 Lombard Street, London, England.

2. This Act shall apply to all the securities which have been issued or created or which may be hereafter issued or created by or under any Act of the Legislature of this Colony, in accordance with "The Colonial Stock Acts, 1877 to 1900," and particularly to the securities issued or created.

by or under the Act of the present session of the Legislature, entitled "An Act for raising a sum of money by loan for the extension of the Railway system of the Colony." All the securities comprised in this section are hereafter in this Act called "the securities."

3 Whenever by the final judgment, decree, rule or order Money payable on final judgment of any Court of competent jurisdiction in the United King- without further appropriation. dom, any sum of money is adjudged or declared to be payable by the Government of Newfoundland in respect of the securities the said sum shall be payable out of the revenues of the Colony, and shall be paid forthwith by the financial agents out of the funds belonging to the Government, in their hands, without any further appropriation or authority than is herein contained.

(a) For the purpose of this section, final judgment, de-
cree, rule or order means in case of appeal the final
judgment, decree, rule or order of the ultimate
Court hearing the appeal

financial agent's

4. In order to enable every such payment to be duly Certificate of made, a certificate under the hands of the financial agents authority to specifying the sum so paid under order of any such Court Auditor General. shall be sufficient authority to the Auditor General or other person having the auditing of their accounts for passing such sums without further appropriation.

5. If at any time hereafter an Act is passed by this Legis- Disallowance of Act proper in lature which appears to the Imperial Government to alter certain cases. any of the provisions affecting the securities to the injury of the holder thereof, or to involve a departure from the original Contract in regard to the securities, that Act will be properly disallowed.

Enactiag clause.

Cash Notes may be issued for certain services.

Form of Notes.

Notes to be supplied to several Departments.

CAP. XIV.

An Act to authorize certain payments under the Public Service of the Colony by Cash Notes and for other purposes.

E it enacted by the Governor, the Legislative Council and the House of Assembly, in Legislative Session convened, as follows:

1. It shall be lawful for the Governor in Council to cause to be issued a supply of notes hereinafter called "Cash Notes," for the purpose of making payments in connection with the Road, Marine Works, and Permanent and Casual Poor Services of the Colony, as hereinafter limited and provided

2. The said notes shall be in forms to be prescribed by the Governor in Council The said notes shall be payable to bearer on demand. The said notes shall be for the following amounts or values, namely: Twenty-five cents, fifty cents, one dollar, two dollars, and five dollars. The said notes shall bear the lithographed fac simile of the signature of the Colonial Secretary and of the Minister of Finance.

3. A supply of said notes equal in their face value to the amount granted by the Legislature to each of the several services indicated in section 1 shall be furnished from the