To authorize the sale of certain Water Lots in the Town of Dartmouth, 1873 c20

1873-20

An Act to authorize the sale of certain Public Water Lots in the Town of Dartmouth.
(Passed the 30th day of April, A. D., 1873.)

SECTION
Preamble
1. Town Council authorized to convey certain property to the Chebucto Marine Railway Company.
2. Valuation of such property.
3. Said Company to receive conveyance in fee wimple.
4. Application of purchase money,

Preamble:
Whereas, the Chebucto Marino Railway Company hold and occupy two water lots belonging to the Town of Dartmouth under lease for a term now shortly about to expire. And whereas, such Company are desirous of making alterations and improvements in connection with their Railway for facilitating its operations, and it is necessary that they should become tho owners and proprietors of such water lots.

Be it therefore enacted by the Governor, Council and Assembly, as follows:

Town Council authorized to convey certain property to the Chebucto Marine Railway Company:
1. After the coming into operation of the Act incorporating the Town of Dartmouth, the Town Council shall be authorized and empowered, if they see fit, to convey in fee simple to property to the the Chebucto Marine Railway Company the two water lots belonging to the Town of Dartmouth and now under lease to the company, upon the payment of a fair and reasonable price therefor, to be determined as hereinafter provided.

Valuation of such property:
2. For the purpose of fixing the price to be paid by the valuation of Chebucto Marine Railway Company for such lots, in case the Town Council of Dartmouth shall determine to sell the same, the Town Council shall appoint one appraiser, and the Company shall appoint one appraiser, and such two appraisers shall appoint a third appraiser; the three appraisers shall be sworn to the faithful discharge of their duties before the Warden of the Town of Dartmouth, and shall proceed to and appraise such water lots; and their award or that of any two of them shall be final.

Said company to receive conveyance in fee simple:
3. The Chebucto Marine Railway Company, on paying to Town Council the sum awarded, shall be entitled to receive to receive conveyance to them in fee simple of such water lots.

Application of purchase money:
4. The amount so paid shall be laid out and expended for the benefit of the Town of Dartmouth in such manner as the Town Council shall determine.

“To authorize the sale of certain Water Lots in the Town of Dartmouth”, 1873 c20