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| This Act is current to August 26, 2025 |
[Prepared for convenience by the Office of Legislative Counsel. Note: This Act has not been revised as part of the Revised Statutes 1996. References in this Act to other Acts may be references to earlier Revised Statutes or to Acts not consolidated in a general revision of statutes, depending on when the provision of this Act containing the reference was enacted or amended.]
Assented to March 2, 1956
WHEREAS Canadian Pacific Railway Company has by its petition prayed that it be enacted as hereinafter set forth, and it is expedient to grant the prayer of the petition:
THEREFORE, HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:—
2 So far as the legislative authority of this Province extends, the powers, rights, privileges, franchises, assets, effects, and properties, real, personal, and mixed, belonging to or possessed by the companies listed in the First Schedule hereto, or to which they are or would hereafter have been or become entitled, are hereby vested in Canadian Pacific Railway Company.
1956-54-2.
3 This Act and any Act of the Parliament of Canada respecting the vesting in Canadian Pacific Railway Company of the railways, undertakings, powers, rights, privileges, franchises, assets, effects, and properties, real, personal, and mixed, of the companies listed in the First Schedule hereto shall be, for all purposes, a legal and valid grant, conveyance, transfer, and assignment to Canadian Pacific Railway Company of all lands or interest in lands, of all mortgages or encumbrances, and of any other property of any description whatsoever, of each of the companies listed in the First Schedule hereto.
1956-54-3.
4 Upon the application of Canadian Pacific Railway Company, in accordance with the provisions of the "Land Registry Act," accompanied by a copy of the Statutes referred to in section 3, the Registrar shall register the title so vested in the name of the applicant.
1956-54-4.
5 So far as may be necessitated by the "Kettle Valley Railway Extension and Aid Act, 1912," being chapter 35 of the Statutes of 1912, or by any other Act, the Lieutenant-Governor in Council shall be deemed to have consented to this Act.
1956-54-5.
6 The companies listed in the Second Schedule hereto are hereby dissolved, and the Acts listed in the Third Schedule hereto are hereby repealed.
1956-54-6.
7 This Act shall come into force on a day to be fixed by Proclamation of the Lieutenant-Governor in Council.
1956-54-7.
The Vancouver and Lulu Island Railway Company
The Columbia and Kootenay Railway and Navigation Company
The Kettle Valley Railway Company
The Kootenay Central Railway Company
1956-54-1st Sch.
The Vancouver and Lulu Island Railway Company
The Columbia and Kootenay Railway and Navigation Company
1956-54-2nd Sch.
Columbia and Kootenay Railway and Navigation Company Act, 1889—Statutes of British Columbia (1889), Ch. 35
Kootenay Central Railway Company Act, 1903—Statutes of British Columbia (1903), Ch. 35
1956-54-3rd Sch.
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