Newcastle-upon-Tyne Improvement Act 1849
| Jurisdiction | UK Non-devolved |
| Citation | 1849 c. lxxvii |
| Year | 1849 |
ANNO DUODECIMO & DECIMO TERTIO
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Cap.
lxxvu.
An Act for confirming and carrying into effect an
Arrangement made the Court of Chancery
concerning the Proprietors of the Bowling Iron
Company, and for granting certain Powers to
the said Company. [1st August 1849.]
W
HEREAS on or about the Twenty-fifth Day of June One Bill
filed
in
thousand eight hundred and forty-four Harriett Rebecca the Court c
Elizabeth Sturges, an Infant, by her next Friend, and ^"juTe
others, filed their Bill of Complaint against John .Green Paley and
1844#
others, which, as amended and re-amended, and by Bills of Revivor
and Supplement, was against the said John Green Paley and others,
and thereby, after stating a certain Indenture dated the Twenty-sixth
Day of June One thousand eight hundred and four, and duly made
and executed between and by John Sturges the elder, deceased, of
the First Part, John Sturges the younger, deceased, of the Second
Part, John Green Paley, a Defendant to the said Bill, of the Third
Part, Thomas Mason, another Defendant to the said Bill, of the Fourth
Part, George Paley deceased of the Fifth Part, the Reverend John
Simons Clerk, deceased, of the Sixth Part, and William Sturges
deceased (in the said Bill distinguished as William Sturges the
[Local.] 12 Y Son)
1098 12° & 13° VICTORIA, Gzp.lxxvii.
Son) of the Seventh Part, beings a Deed for forming and regulating a
Partnership then agreed to be formed between the said Parties thereto
in the Trade or Business of Cast-iron Founders, and in the making,
casting, and vending of Cast-iron Goods, Wares, and Merchandizes,
the manufacturing and making of malleable Iron, and in the pur-
chasing, getting, and selling of Coals, and burning the same into
Cinders, and selling and disposing
thereof,
and in such other Trades
and Businesses as were incident and belonging thereto, as they the
said Parties, or a Majority of them, should agree upon, and that it was
by the said Deed agreed that the said Partnership should last for Forty
Years,
to commence from the Twenty-fourth Day of June One thou-
sand eight hundred and four, and be carried on at certain Iron Works and
Premises then belonging to the said Parties thereto, situate at Bowling
in the Parish of Bradford and Holbeck in the Parish of Leeds, both
in the County of York, under the Name of John Sturges and Com-
pany, and that the Property and Assets of the said Partnership should
be considered as divided into One hundred and twenty Shares, which
Shares should be estimated at Seven hundred Pounds per Share, and
should be held by the said Parties in the Proportions following,
(namely,) the said John Sturges (the elder) Twenty-four Shares
thereof,
the said John Sturges (the younger) Twenty-four Shares
thereof,
the said John Green Paley Fifteen Shares
thereof,
the said
Thomas Mason Fifteen Shares
thereof,
the said George Paley Twelve.
Shares
thereof,
the said John Simons Fifteen Shares
thereof,
and
the said William Sturges (the Son) Fifteen Shares
thereof;
and also
stating that the said Trades or Businesses had been carried on at
Bowling aforesaid, pursuant to the Provisions of the said Indenture of
the Twenty-sixth Day of June, in the said Bill by Mistake stated as
the Sixth Day of Jane, One thousand eight hundred and four, by the
several Persons therein named, as Partners in such Trades or
Businesses, or the Persons deriving Title under them, as therein-after
mentioned, under the said Style or Firm of John Sturges and Com-
pany from the Date and Execution of the said Indenture, until
the"
Twenty-fourth Day of the then instant Month of June, when
such Copartnership determined by Effluxion of Time, and after also
stating divers Deeds, Wills, and other Assurances and Acts in the Law,
whereby it appeared that the said several Shares in the said Copart-
nership Assets and Effects had become vested in the several Parties,
Plaintiffs and Defendants, in the said Suit, the said Bill prayed that it
might be declared that the Copartnership in the said Bill mentioned.
determined by Effluxion of Time on the Twenty-fourth Day of the
then Month of June, and that the same thereupon became and was then
dissolved, or that it might be declared by the said Court that the said
Partnership was dissolved and at an end, and that an Account might
be taken of the Dealings and Transactions of the said Copartnership,
ndt disturbing any Accounts thereof which might have been duly
settled in pursuance of the said Articles of Copartnership, and that all
the Estates and Property belonging to the said Copartnership at the
Time of the Determination thereof might be ascertained, and that the
same might be sold or otherwise disposed of, and got in and realized,
and that an Account might be taken of the Debts and Liabilities of
the said late Copartnership, and that the same might be paid and
satisfied or duly provided for, and that the Affairs and Concerns of
*. the
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