Shropshire Worcestershire and Staffordshire Electric Power Consolidation Act 1938

JurisdictionUK Non-devolved
Citation1938 c. lviii
[l
&
2
GEO.
6.1
Shropshire Worcestershire
[Ch.
lviii.]
and
Stagordshire Electric Power (Consolidation)
Act,
1935.
CHAPTER
lviii.
An
Act to consolidate the Shropshire Worcester-
A.D.
1938.
shire and Staffordshire Electric Power Acts and
-
Orders
1903
to
1933.
[13th
July
1938.1
HEREAS by the Shropshire Worcestershire and
W
Staffordshire Electric Power Acts and Orders
1903
to
1933
(hereinafter referred to collectively as
the former Acts
and severally as the Act
or
Order
of
the year in which it was passed
or
approved by
Parliament)
a
list
of
which Acts and Orders
is
given
in the First Schedule
to
this Act the Shropshire Wor-
cestershire and Staffordshire Electric Power Company
(originally incorporated by the Act of
1903
by the name
3
Edw.
7.
of
the Shropshire and Worcestershire Electric Power
c.
ccxxxvii.
Company) are authorised
to
supply electricity
for
the
purposes to the extent and subjcct
to
the conditions
and restrictions stated in the former Acts and to exercise
other powers mentioned in the former Acts
:
And whereas by the South West Midlands
Electricity District Order
1923
and the West Midlands
Electricity District Order
1925
both of which Orders
were made under section
7
of
the Electricity (Supply)
Act
1919
further powers and obligations with respect
9
&
10
to the supply of electricity and otherwise were conferred
Gee.
5.
c.
100.
or
imposed
on
the Company
:
under the Act of
1903
was extended
by
the Act of
1905
5
Edw.
7.
And whereas the Company’s original area
of
supply
c.
clx.
A
1
A.D.
1938.
6
Edw.
7.
c. clxxx\..
18
&
19
Geo.
5.
c. Ixxxviii
20
&
21
Geo.
5.
c. clxxsix.
16
&
17
Geo.
5.
c.
ciii.
17
&
18
Geo.
5.
c.
cii.
[Ch.
lviii.]
Shropshire
Worcestershire
[
Z
&,
2
GEO.
6.1
a.nd
Staffordshire
Electric Power
(Consolidation)
Act,
1938.
the
Act
of 1NNi
the
Act
of 1928 and the Act of 1930
but by section
22
of the
,4ct
of 1926 and section
15
of
the
Act
of
1928 certain parts of the then area of supply
were escluded therefrom
:
And whereas the Company’s area of supply under
the former Acts has been further altered-
(1)
by the Birmingham Extension Act 1927 (sec-
tion 15) which excluded from the Company’s said
area of supply the portion of the then urban
district of Perry Barr which was by that Act
added to the city of Birmingham; and
(2)
by the said West Midlands Electricity District
Order
1925
which excluded from the Com-
pany’s said area of supply that part thereof
which was by the Order included within the
West Midlands Electricity District constituted
by the Order
:
And whereas by divers Acts of Parliament Pro-
visional Orders confirmed by Parliament and orders
made by the Minister of Health under
Part
IV
of the
as
County Review
Orders) many alterations have been made in the local
government areas within the Company’s area of supply
under the former Acts and that area of supply as now
constituted is defined (subject to the provisions of
section 78 of this Act)
in
the Third Schedule to this
Act
:
And whereas for certain purposes of the former
Acts an industrial area was established by the Act of
1906 and that area as now constituted
is
defined
(subject to the provisions of the said section 78) in
the Fourth Schedule to this Act
:
And whereas within the area defined in Parts
I
and
I1
of the Fifth Schedule to this Act the Company
under the former Acts arid within the area defined in
section 17 of the schedule to the said West Midlands
Electricity District Order 19‘35 (which last mentioned
area
as
now
Constituted is for convenience of reference
described in Part
I11
of the said Fifth Schedule) the
Company under that Order have the like powers and
are subject
to
the like obligations with respect to the
supply of electricity
for
all purposes as they would
2
11
&
2
GEO.
6.1
Shropshire Worcesfershire
[Ch.
Iviii.]
and Staffordshire Electric Power (Consolidation)
Act,
1938.
have and be subject to if they had obtained Special
AD.
1938.
Orders under the Electricity (Supply) Acts
1882
to
-
1936
authorising them to supply electricity for
all
or
any purposes in those respective areas
:
Bnd whereas the Company are alsg the authorised
distributors for the Orders mentioned in Parts
I I1
and
I11
of the Second Schedule to this Act and
are
autho-
rised to supply electricity for
:dl
or any purposes in the
respective areas of supply under those Orders
:
And
whereas pursiiant to powers conferred
on
them
by the Act of
1919
the Company by resolution of
a
9
&:
10
general meeting constituted certain
of
their generating
Gee.
5.
stations and works
a
separatc undertaking with
separ-
c.
cxxi-
ate and distinct capital and borrowing powers and by
Part
I11
of the Act of
1923
further works were consti-
13
&
14
tuted part
of
and further provisions were enacted with
Gee.
5.
respect to such separate undertaking but by
Part
I1
of
c.
xcvi*
the Act of
1926
the said resolution was annulled and the
said separate undertaking was merged with the Com-
pany’s general undertaking and provisions werc enacted
with respect to the capital and borrowing powers which
had been allocated to the separate undertaking:
And whereas the capital of the Company authorised
by the former Acts is
$5,500,000
(nominal amount) and the
issued capital of the Company on the first day of April
nineteen hundred and thirty-eight was
$5,000,000
and
consisted of
300,000
A ordinary shares of
$1
each
2,450,000
B
ordinary shares of
%l
each and
2,250,000
six per centum cumulative preference shares of
51
each all of which shares are fully paid
up
:
And whereas the Company are authorised by thc
former Acts
to
raise by borrowing on mortgage of their
undertaking
or
by the creation and issue
of
debenture
stock the aggregate amount of
$4,125,000
and the
amount
of
the loan capital of the Company raised under
this power consisted
on
the first day
of
April nineteen
hundred and thirty-eight
of
$3,125,000
five per centum
debenture stock which the Company may redeem
at
par
on
or at any time after the first day of August nineteen
hundred and fifty-two on giving three months’ previous
notice
to
the holders thereof and are required to redeem
at par not later than the first
day
of
August nineteen
hundred and eighty-two
:
A2
3

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