DISTRICT RAILWAYS.

Ashburton Guardian, Volume IV, Issue 1046, 12 September 1883, Page 2

DISTRICT RAILWAYS.

At the County Council meeting to-d-y, Mr E. G. Wright, M.H.R., drew attention 10 the following important amendments which he got inserted in the District Railways Act Amendment Act : (4) The Governor shall, before granting such certificate, appoint an Assessor or Assessors to revise the classification, for the purposes of section ten of the District Railways Act, 1877, of the lands comprised within the railway district ; ami, if such A ssessor or Assessors shall recommend the Governor to re-dassify any of such land, the Governor may, by notice in the Gazette, remove the same or any part thereof out of either of the classes in .which the same shall be then classified and place it in any other of such classes or in any new class, or altogether omit it from any of the classes, apportioning in every case as nearly as may be the liability to rate to the degree of benefit conferred by the completed section of the several rateable lands. When any further section of the railway shall be completed and open for traffic an Assessor or Asae?sora shall be again appointed, and the lands within the railway district shall be again re-classified, and the liability to rate of the several rateable lands read justed in manner aforesaid, and such re-classifica-tion shall entirely supersede any previous classification. new subsection. (5) If such certificate has been granted to any company prior to the coming into operation of this Act, the Governor in Council, upon receipt of an application fro’m the company, and upon being satisfied that it is consented to by a majority in number of the ratepayers and owners of property within the railway district, representing not less than one-half of the value of the rateable property within such railway district, may, if he think fit, at any time prior to the thirtieth day of June, one thousand eight hundred and eighty-four, appoint an Assessor or Assessors in manner aforesaid ; Provided that such revision shall not affect any creditor of the company, but the original classification shall remain in full force as a security to such creditor.