London and Birmingham Railway Act 1837

JurisdictionUK Non-devolved
ANN0
PRIM0
VICTORIA3
REGINLE,
Cup.
Ix
iv.
An
Act
to
amend
the
Acts
relating
to
the
London
[SOth
Jm2e
1837.1
aid
Bimir~gham
Railway.
HEREAS an Act was passed in the Third Year of the
Reign of His present Majesty, intituled
An
Act
.for
3
w.
4.
r;.
$6.
making- a Railway
fyom
London
to
Birmingham: And
whereas another Act was passed in the Sixth Year of the Reign
of
His present Majesty, intituled
An
Act
to
enable
the
London
and
6w.4.
C.
56.
Birmingham
Railway
Company
to
extend and alter the Line
of
SUCJL
Railu:ay,
and
for
other
Puiposes
relating thereto
:
And whereas by
the said first-mentioned Act
it
was
amongst other things enacted,
that
it
sliould
be
lawful for the
said
Company
to
raise amongst them-
selves any
Sum
of Money for making and maintaining the Railway
and other
Works
thereby authorized, not exceeding in the whole
Two
million five hundred thousand Pounds, the whole to be divided
into Twenty-five. thousand Shares of One hundred Pounds each
:
And whereas by the said second-mentioned Act
it
was amongst other
things enacted, that in case the Money thereby and by the said
recited Act of the Third Year
of
His present Majesty authorized
to
be
raised by Subscription, as therein and in the said recited Act
mentioned, should
be
found insufficient for the Purposes
of
that and
the
said recited Act,
it
should be lawful for the said Company from
Time to Time, by an Order of any General
or
Special General Meet-
ing
of
the said Company,
to
borrow and take
up
at Interest any
[Local,]
23
E
further
2012
Extending
Powers
of
former
Acts
?o
this
Act.
Power
to
raise
1,000
0001.
0'1
Bond.
1"
VICTORIA3,
Cup.
lxiv.
further
or
additional Sum, not exceeding in the whole One millioll
Pounds, on the Credit of the said Undertaking, by way of Mortgage,
as therein particularly mentioned, in lieu
of'
a
Sum
of Eight hundred
and thirty-five thousand Pounds which by the said first-mentioned
Act the said Company were authorized to borrow on Mortgage for
the like Purpose: And whereas by virtue of the Powers contained
in the said recited Act the said Company have raised on the Credit
of the said Undertaking, by way of Mortgage,
the
Sum of Eight
hundred and thirty thousand seven hundred Pounds in the whole,
Part of the said Sum of One Million, and have expended the samc
in carrying into effect the Purposes of the
said
recited Acts, and they
are proceeding with all convenient Speed
to
raise the Remainder of
the said Sum in like inanner by way
of
Mortgage on the Credit
of'
the said Undertaking
:
And whereas the said Company have made
considerable Progress in executing the
Works
authorized
by
the said
recited Acts, but the Monies which they are authorized and em-
powered to raise
by
the said recited Acts have been found to
be
insufficient
to
compIete all the Works which by the said Acts the
said Company are authorized to construct, and fully
to
carry into
effect the Purposes of the said recited Acts
;
and
it
is expedient that
the said Company should
be
authorized to
raise
a further Sum of
Money, and that some
of
the Powers and Provisions contained
in
the said recited Acts should be altered, amended, and enlarged
:
And whereas the Purposes aforesaid cannot be carried into effect
without the Authority of Parliament: May
it
therefore please Your
Majesty that it may be enacted; and be
it
enacted
by
the Icing's
most Excellent Majesty, by and with the Advice and Consent of the
Lords Spiritual and Temporal, and Commons, in this present Parlia-
ment assembled, and by the Authority
of
the same, That
all
the
Powers, Authorities, Provisions, Regulations, Clauses, Matters, and
Things contained in the said recited Acts (except such
of
them
or
such Parts thereof respectively
as
are by this Act repealed, altered,
or otherwise provided for) shall extend and be construed
to
extend
to
this
,4ct
and
to
the Purposes and Things hereby authorized
or
required to be effected and done, and shall operate and be in
force
in
respect
to
the Objects and Purposes
of
this
Act,
as
fully and
effectually to all Intents arid Purposes whatsoever
as
if the same
Powers, Authorities, Provisioiis, Regulations, Clauses, Matters, and
Tliiiigs were repeated and re-enacted in this Act and made
Part
thereof.
11.
And be it further enacted, That it shall be lawful for the said
Company and they are hereby empowered,
by
an Order or Orders
froin Time to Time
of
any General or Special General Meeting
of'
the said Comp;my, to borrow and take
up
at
Interest, in addition to
the Sums wliich by the
said
recited Acts they are authorized
to
raise
and take
up
at
Interest by
way
of Mortgage, any further
or
additional
Sum of Money, not exceeding in the whole the Sum
of
One million
Pounds,
as to
them shall seen1 expedient for carrying into
effect
the
Purposes of the said recited
Acts
and of this Act, and
to
secure the
Repayment thereof, with Interest, by Bonds under
the
Common Seal
of
thr.
said Company, payable
at
such
Day
or
Days
as
the said
Com-
pany
dint1
tlie
Parties lending the Money may (subject to
the
Restric-
1
tion

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