Fleetwood, Preston and West Riding Junction Railway Act 1846
| Jurisdiction | UK Non-devolved |
| Citation | 1846 c. ccxlvi |
| Year | 1846 |
ANN0
NONO
&
DECIMO
Cap.
ccxlvi.
An
Act
for
making
a
Railway
from
Presto12
in
the
Cou
ti
ty
Palatilie
of
Lancaster
to
Clitheroe
in
the
same
County
Palatine.
[27th
,..hi.&
1846.1
HEREAS
the making
of
a
Railway from
Preston
in the
County Palatine
of
Lancaster
to
Clitheroe
in the same
County Palatine would, by aflording additional Facilities
for
Communication between
RZeetwood
in
the
same County Palatine,
Preston
aforesaid,
Clitheroe,
and the West Riding
of
the County
of
York,
and other important Places and Districts, be
sf
public Advan-
tage
:
And whereas the Persons herein-after named, and others, are
willing,
at their own Expence, to execute such Undertaking
;
hilt
the
same cannot be effected without the Aid and 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
Coin-
mons, in this present Parliament assembled, arid by the Authority
of'
the same, That the several Acts
of
Parliament
following,
to
wit,
h
&L
9
Viet.
cc.
16.18.
and
20,
in-
the
Companies Clauses Consolidation Act,
1845,
the Lands
Clauses
Consolidation Act,
1845,
and the Railways Clauses Consolidation
corpor3te~~
with
this
Act.
Act,
1845,
shall be respectively incorporated with this
Act.
[Local.
1
44
n
11.
And
4482
Short Title.
Subscribers
incorpo-
rated.
Capital.
Nuniber
of
Shares.
Amount
of
Shares.
Calls,
Interval
between
Calls.
Power
to
borrow
Money
on
Mortgage.
Xestriction
on
borrow-
ing.
Kcceiver
for
iirrears
of‘
Mortgages.
9’
f3t
20”
VI[CTOKIIE,
Cap.ccxIvi.
11.
And be
it
enacted, That in citing this Act in other Acts
of
Parliament, and in legal Instruments, it shall be suficient to use the
Expression
66
The
Reetwood, Preston, and West Riding Jmctio~b
Railway Act,
1846.”
111.
And
be
it enacted, That
Thomas
Batty
Addison,
John
Pctley
the younger,
James Hibbert
Wanklyn,
Charles Frederick Parkinson,
Thomas
Critchley,
William
Henry
Horn
by,
Joseph
Saint
John
Yates,
and
George Cowy,
and all other Persons and Corporations who have
already subscribed and shall hereafter subscribe to the Undertalihig,
and their Executors, Administrators, Successors, and Assigns respec-
tively, shall be united into a Company, for the Purpose of making
ant1
maintaining
a
Main Railway from
Preston
aforesaid to
Clitlieive
aforesaid, with other Works and Conveniences, according to the
Provisions
of
this Act, and for other the Purposes herein expressed
;
and for the Purposes aforesaid
such
Company shall be incorporated
by the Name of
‘(
The
E’leetwood, Preston,
and
West
Riding
Jtmction
Railway Company,’’ and by that Name shall be
a
Body Corporate,
with perpetual Succession, and with
a
Common Seal, and shall
have
Power to purcl~ase and hold Lands for the Purposes of the Under-
taking, within the Restrictions of this Act.
IV.
And whereas the estimated Expence of the Undertaking
is
Two hundred and sixty-eight thousand Pounds
;
be
it enacted, that
the original Capital of the Company shall be Two hundred and seventy
thousand Pounds.
V.
And be it enacted, That the Number
of
Shares into which the
original Capital
of
the Company shall be divided shall be Twenty-two
thousand
five
hundred.
VI.
And be it enacted, That the Amount of every Share
in
the
Capital shall be Twelve Pounds.
VII.
And be it enacted, That Thirty Shillings shall be the greatest
Amount of any One Call which the Company may make on the Share-
holders in respect of any Share.
VIII.
And be it enacted, That Three Months at least
shall
be the
Interval betwee! successive Calls.
IX.
And be it enacted, That it shall be lawful for the Company to
borrow on Mortgage or Bond any Sums not exceeding in the whole
the
Sum
of Ninety thousand Pounds.
X.
And be
it
enacted, That no Part of such
Sum
shall be borrowed
until the whole
of
the original Capital
of
Two hundred and seventy
thousand Pounds shall have been actually subscribed for, and One
Half thereof shall have been actually paid
up.
SI.
And
be
it enacted, That it shall be lawful for the Mortgagees
of
the Company
to
enforce the Payment
of
the Arrears of Principal
2
a
I1
d
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