Birkenhead, Lancashire and Cheshire Junction Railway Act 1846

JurisdictionUK Non-devolved
Citation1846 c. xci
Year1846
ANN0
KONO
&
DECIMO
VICTORIAE
GINB.
CaiJ.
x
ci
.
An
Act
for
making
a
Railway
from
the
Chester
ccizcl
Birkenhead
Railway to
the
Manchester
und
Bir-
m
i72gham
R
ail way,
\vi
t
h
B
ranch
es
there fro
In,
to
be
called
cc
The
Birkenhend,
Lamashire,
am?
Cheshire
Junction
Railway.”
[26th
Jzuze
1846.1
-
HEREAS
the making
of
a Railway from the
Chester
ctnd
Birkeizhead
Railway to the
Munchester und
Birminglwn
Railway, with the Branches therefrom herein-after men-
tioned, would be
of
great public Advantage: And whereas the
I’ersons hereafter named, with others, are willing, at their
own
Expence, to carry such Undertaking into execution
;
but the same
cannot
be effected without the Authority of Parliament
:
May it
therefore please Your Majesty that it may be enacted; and be it
enacted by the Queen’s most Excellent Majesty, by and with the
Advice and Consent of the Lords Spiritual and Temporal, and
Commons, in this present Parliament assembled, and by the Autho-
rity
of
the same, That the several Acts
of
Parliament following, (that
is
to
say,)
‘‘
The Companies Clauses Consolidation Act,
1845,”
The
I‘lct.
cc.
16.
18.
Lands
Clauses Consolidation Act, 1845,” and
‘‘
The Railway
Clauses
and
20.
in-
[Local.]
19
K
Consolitlatioii
corporated
1691
9”
&
10”
VICTORIB,
Cap.
xci.
n-ih
this
Act.
Consolidation Act,
1845,”
shall be incorporated with and form Part
of
this Act, and with the same shall be construed
as
One Act.
Short
Title.
11.
And be it enacted, That in citing this Act in other Acts
of
Parliament, and in legal Instruments, it shall be sufficient to use the
Expression
((
The
Birkenlzead, Lancashire, and Cheshire Junction
Railway Act,
1846.”
111.
And be
it
enacted, That
Joseph
Bailqy
the younger,
John
Laird, Murcus Rreeman Brownrigg, Joseph Travis Clay,
Lot
Gnr-
diner, Cephas
Hownrd,
William Laird, William
Potter,
Augustus
Radclafe,
William Wanklyn,
and
John
William,
and all other
hereafter subscribe to the Undertaking, and their Executors, Adrni-
nistrators, Successors, and Assigns respectively, shall be united into
a
Company for the Purpose of making and maintaining
a
Railway
fi-om the
Chester and Birkenliead
Railway
to
the
Manchester
and
Birmingham
Railway, with the Branches hereinafter described, and
with proper
Works
and Conveniences belonging thereto respectively,
according
to
the Provisions
of
the said Acts and of this Act, and
for
other the Purposes herein and in the said Acts contained
;
and for
the Purposes aforesaid such Company shall be incorporated by the
Kame
of
Lc
The
Birkenhead, Lancashire, and Cheshire Junction
Railway Company,” and by that Name shall be
a
Body Corporate,
with perpetual Succession, and shall have Power to purchase and hold
Lands for the Purposes of the Undertaking, within the Restrictions
herein and in the said Acts contained.
Subscribers
incorpo-
rated.
/
Persons and Corporations
who
have already subscribed or shall
Capital.
TV.
And be it enacted, That the Capital
of
the Company shall be
One million and
five
hundred thousand Pounds.
Sumberand
V.
And be it enacted, That the Number of Shares into which
~~ou~~
of
the Capital shall be divided shall be Forty-five thousand, and the
,4mount
of
each Share shall be Thirty-three Pounds Six Shillings and
Shares.
Eight-pence.
VI,
And be it enacted, That Ten Pounds
per
Share shall be the
greatest Amount
of
any One Call which the Company may make
011
the Shareholders, and Twenty-five Pounds shall be the utmost aggre-
gate Amount of Calls that may be made in any One Year upon any
Share, and Three Months
at
the least shall
be
the Interval between
successive Calls.
Calk.
lnterest
to
paid
on
Cails.
V7I.
And be it enacted, That
it
shall be lawful for the Directors
of
the said Company from and after the passing
of
this Act,
and
from
thenceforth until the said Railway shall be completed and opened to
the Public,
to
pay Interest at any Rate not exceeding Four Pounds
per Centum per
Annum
on all Sums called up in respect
of
the said
Shares from the respective
Days
on which the same shall have been
paid, such Interest to accrue and be paid at such Times and Places as
the Directors for the Time being shall appoint for that Purpose
:
Provided always, that
no
Interest shall accrue to the Proprietor of any
Share upon which any Call shall appear to be in arrear in respect of
3
such

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT