Rugby and Leamington Railway Act 1846

JurisdictionUK Non-devolved
ANNO NONO & DEGIMO
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Cap.Gcclxviii»
An Act for making a Railway from the London and
Birmingham Railway in the Parish of Rugby in
the
County of Warwick.
of Wanvick to Leamington in the
[13th Augml 1846,]
HEREAS the making of a Railway from the London and
Birmingham Railway in the Parish .of Rugby in the
County of Warwick to the Town of Leamington in the
County of Warwick would be of great public Advantage:, And
whereas the Persons herein-after named 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.; fand 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 following, (that? is to
say,) the Companies Clauses Consolidation Act, 1845, the Lands
Clauses Consolidation Act, 1845, and the Railway Clauses Con-
solidation Act, 1845, shall be incorporated and .form Part of this
Act, and the Provisions of the said several Acts shall be applicable
to the Purposes of this Act, except so far as the same Provisions or
£LocaL2 75 A any
S&9 Vict.
cc.
16. 18.
and 20. in-
corporated
with this
Act.
6810 9° & 10° VICTORIA, Cajo.ccclxviii.
any of them, are inconsistent with the Provisions of this Act, or are
herein-after declared not to extend thereto.
Short Title. II. And be it enacted, That in reciting this Act in other Acts of
Parliament, and in legal Instruments, it shall be sufficient to use the
Subscribers
incorpo-
rated.
Capita]
Number and
Amount of
Shares.
Calls,
Expression " The Rugby and Leamington Railway Act, 1846.
III.
And be it enacted, That Sir Gray Skipwith Baronet, Edward
Horsman Esquire, Member of Parliament, Richard Burton Phillipson
Esquire, Bonamy Price Esquire, Thomas George Skipwith Esquire,
William Sale Banker, Edward Cropper Esquire, Constantine Richard
Moorsom, a Captain in the Royal Navy, and Thomas Smith Esquire,
and all other Persons and Corporations who have already subscribed
or shall hereafter subscribe to the Undertaking, and their Executors,
Administrators, Successors, and Assigns respectively, shall be united
into a Company for the Purpose of making and maintaining a Railway
from the London and Birmingham Railway in the Parish of Rugby
in the County of Warwick to or near to the Town of Leamington
in the County of Warwick, with proper Works and Conveniences
belonging thereto, according to the Provisions of the several Acts
incorporated herewith, and of this Act, and for other the Purposes
herein and in the several Acts incorporated herewith, and of this
Act, and for other the Purposes herein and in the several Acts
incorporated herewith contained; and for the Purposes aforesaid such
Company shall be incorporated by the Name of " The Rugby and
Leamington Railway Company," and by that Name shall be a Body
Corporate, with perpetual Succession, and shall have Power to pur-
chase and hold Lands for the Purposes of the Undertaking, within
the Restrictions herein and in the several Acts incorporated herewith
contained.
*
. IV, And whereas the estimated Expence of making the intended
Railway and Works is Three hundred and sixty thousand Pounds;
be it therefore enacted, That the Capital of the Company shall be
Three hundred and sixty thousand Pounds.
V. And be it enacted, That the Number.and. Amount of Shares
into which the Capital shall be divided shall be Twenty-two thousand
and five hundred, and the Amount of each Share shall be Sixteen
.Pounds.
VI.
And be it enacted, That Five Pounds per Share shall be the
greatest Amount of any One Call which the Company may make
on the Shareholders, and Three Calls shall be the greatest Number
in any One Year upon any Share, and Three Months at least shall be
the Interval between successive Calls.
Interest on
Calls to be
paid till
Railway:..
completed.
-I T"
, 1
VIL And be it enacted, That.it shall vbe lawful for the Directors,
until the Railway' shall be completed, to pay Interest at any Rate
not exceeding Four Pounds per Centum per Annum on all Sums
contributed or paid in respect of any Shares from the Time at which
Contributions or Payments shall be made ; provided that no Interest
e . shall

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