Leeds and Bradford Railway Act 1844

JurisdictionUK Non-devolved
Citation1844 c. lix
ANN0
SEPTIMO
&
OCTAVO
VICTORIB
REGINB.
Cap.
lix.
An
Act
for
making
a
Railway
from
Leeds
to
Bradford,
with
a
Branch
to
the
North
Midla72d
Railway.
[4th
Jzily
1844.1
HEREAS the making
of
a Railway from the Town
of
Leeds
to the Town
of
Bradford,
with a Branch therefrom
to the
North
Midland
Railway at
Leeds,
all in the West
Riding
of
the County of
York,
mould be
of
great public Advantage
:
And whereas the several Persons herein-after named, with other Per-
sons,
are willing,
at
their
own
Expence, to carry into execution the said
Undertaking
;
but the same cannot be effected without the Authoril'y
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 Authority of the same, That
John
Akroyd,
John
Atkinson,
Incorpora-
Robert
Barr,
Christopher Beckett,
Thomas
Benyon, James Browne,
tion
of
the
Robert Dnvies,
John
Ellershaiu, Henry Forbes, Jnmes Garnett,
Company'
William
Gdl& George Goodman,
Jolm
Gott,
Jolm
Heaton, George
Hudson, Henry Leah, George Lidclell, Arthur Lupton,
Willinni
Macturk, Robert
Milligan,
William Murgatroyd, Jumes Musgrme,
Thomas
Benson Pease,
John
Rand,
William
Rmd, John Sirnpson,
fhzer StnnsJield,
Thomas
Starkey, George Stephenson, Robert
[
Local.]
24
0
Stephenson,
2170
7”
&
8”
VICTORIE,
Cap.lix.
Stephenson, John
Wcrddinglmn,
Christopher
Wmd,
and all other
Parties who have already subscribed or shall hereafter subscribe to
the said Undertaking, and their Executors, Administrators, Succes-
sors, and Assigns respectively, shall be united into
a
Company
for
the Purpose of making the
said
Railway, with proper-Works and
Conveniences connected therewith, according to the Provisions
of‘
this Act, and for the Purpose aforesaid shall be incorporated by the
Name of
The
Leeds
nnd
Biwdforcl
Railway Company,” and by that
Name shall be
a
Body Corporate, with perpetual Succession, and
shall have Power to purchase and hold Lands within the Restrictions
herein-after contained for the Purposes of the said Undertaking.
Capital.
11.
And whereas the estimated Expence of making the Itailway
and Works is Three hundred and ninety-two thousand
Pounds
;
be
it enacted, That Four hundred thousand Pounds shall be the Capital
of
the Company.
Shares.
111.
Anti be it enacted, That the said Capital shall be dividecl
into Eight thousand Shares, each of the Amount of Fifty Pounds,
and such Shares shall be numbered in arithmetical Progression,
beginning with Number One,
and
every such Share shall be
distinguished by its appropriate Number.
Shares
to
be
Persona’
Estate.
IV.
And be it enacted, That all Shares in the Undertaking shall be
Persmal Estate,
and
transmissible
as
such, and shall not
be
of the
Nature of Real Estate.
Sharehold-
ers.
Registry of
Sharehold-
ers.
Addresses
of
Share-
Iioldcrs.
V.
And bc it enacted, That every Person who shall have sub-
scribed or shall subscribe the Sum
of
Fifty Pounds or upwards
to
the Capital of the Company shall be deemed
a
Shareholder of the
Company, and shall be entitled to have One Share therein allotted
to him in respect of every Sum
of
Fifty Pounds
so
subscribed by
him.
VI.
And bc it enacted, That the Company shall keep a Book,
to be called the
‘‘
Register Book
of
Shareholders,”
and
in such
Book shall be fairly
and
distinctly entered from Time to Time
the Names of thc scvcral Corporations, and the Names and 14ddi-
tions of the several Persons? being Shareholders of the Company,
the Number
of
Sharcs
to
which such Shareholders shall
be
respec-
tively entitled, distinguishing each Share by its Number, and the
Amount of the Subscription; paid on such Shares
;
and such Book
shall be authcnticatcd by the Common Seal of the Company being
affixed thereto, and such A4uthentication shall take place
at
the First
Ordinary Meeting or
at
some subsequent Meeting of the Company.
VII.
And be it enactcd, That in addition to the said Register
of’
Shareholders the Company shall provide
a
proper Book, to be called
the
Shareholdcrs Address
Book,”
in which the Secretary
shall
from
‘l’inic to Time enter the Places of Abode of the several Shareholders
of the Company
;
and every Shareholder, or if such Shareholder bc
a
Corporation the Clerk or Agent of such Corporation, may at all
convenient Tiincs peruse such Book
gratis,
and may require
a
Copy
1
thereof
7"
&
So
VICTORIAB,
Cq.lix.
thereof or
of
any Part thereof, and for every One hundred Words
so
required to be copied th6 Company may demand a Sum not exceeding
Sixpence.
VLII.
And be it cnactcd, That on Demand of the Holder
of
any
Sharc tlie Company shall cause a Certificate
of
the Proprietorship
of
such Sharc to bc delivercd to such Shareholder
;
and such Certificate
shall have the Common Seal
of
the Coinpany affixed thereto, and such
certificate shall specify thc Share in the Undertaking to which such
Shareholder is entitled, and the same may be according to the Form
in the Schcdulc
(A.)
to this Act annexed, or to tlic like Effect
;
and
for such Certificate the Company
may
demand any
Sum
not exceeding
Two
Shillings and Sixpence.
IX.
And bc
it
enacted, That such Certificate shall be admitted in
all Courts
as
pi*imi
,jircie
Evidence
of
the Title of such Shareholder,
liis
Executors, Administrators, Successors, or Assigns, to the Share
therein specified
;
iicverthelcss the Want of such Certificate shall not
prevent the Holder of any Share from disposing thereof.
X.
And be it enacted. That if
anv
such Certificate be worn out
2171
Certificates
of
Shares.
Ce r
t
i
ti
ca
t
e
to
be
Evi-
den
c
e.
Certificate
.I
or damaged, then, upon the same being produced at
somc
Meeting of
to
be
re-
the Directors, such Directors niay ordcr the same to be cancelled, and
dcEtroyet,.
thereupon another similar Certificate shall be given to the Party in
whom the Property of such Certificate aiid of the Share therein
inentioncd shall be at the Time vestcd
;
or if such Certificate be lost
or
dcstroycd, then, upon Proof thereof, a similar Certificate shall
be
(riven to
thc
Party eiititlcd to the Certificate
so
lost or destroyed
;
and
in
cithcr Cnse
a
due Entry of the substituted Certificate shall be
made
by
thc Sccrctary in the Register of Shareholders
;
and for every
such Certificate
so
@-en or cxchangcd the Company niay demand
any Sum not exceeding
Two
Shilliiigs and Sixpence.
newed
wheu
s
XI.
And be it enacted, That, subto tlie Regulations herein
Tratiafers
contained, every Shareholder niay sell and transfer his Shares in thc
Shares
to
be
IMiray by Deed duly staniped, in which thc Consideration shall
registeret',
be truly stated, and such
Deed
may bc according to the Form
in
Schedule
(U.)
to this Act annexed, or to the like Effect, and the
samc (whcn duly executed) shall be delivered to the Secretary, and
be
kept
by him, and
the
Secretary shall cnter a Memorial thereof'
in
a
lJook
to be called the
''
Register
of
Transfers," and shall
endorse such Entry
on
the Deed
of'
Transfer, and for every such
Entry and Endorsement the Company may demand any Sum not
exceeding
Two
Shillings and Sixpence
;
ana
011
thc Request of the
Purchaser of any Sharc an Ihidorsement of such Transfer shall be
made on the Certificate of such Share, instead of
a
new Certificate
being granted, aiid for such Endorsenicnt the Company may demand
any Sum not excccding Two Shillings and Sixpence; and such
Endorsement, being signed by the Secretary, shall be considered
in
every respcct
the
same
as
a
new Certificate
;
and until such Transfer
shall have been
so
delivered to the Secretary
as
aforesaid the Purchaser
of the Share shall not be entitled to receive any Share of the Profits of
the said Undertaking, or
to
vote in respect
of
such Share.
XII.
And
&C.

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