Wakefield Borough Market Act 1847
| Jurisdiction | UK Non-devolved |
| Citation | 1847 c. xlix |
ANNO DECIMO
&
UNDECIMO
VICTORLE REGIN.E
a**************************************************
Cap.xlix.
An
Act for
establishing
a
Market
and
Market
Place
in the
Town
and
Borough
of
Wakefield.
[21st June 1847.]
w
HERE AS
the
Establishment
of a
Market, with
One or
more convenient Market Place
or
Market Places, together
with
One or
more Slaughter-house
or
Slaughter-houses
and
Weighing Machines, with
all
proper Conveniences
and
Approaches
thereto, within
the
Town and Borough
of
'Wakefield, would
be
of great
Benefit
and
Advantage
to the
Inhabitants
of the
said Town
and
Borough
and
Neighbourhood
thereof:
And
whereas the several Persons
herein-after named, with others, have formed themselves into
a
Com-
pany
for the
Purposes aforesaid;
but the
same cannot
be
effected
without
the Aid
and Authority
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
the
8 & 9
Vict.
several Acts
of
Parliament following, (that
is to say,) "The Com-
cc.
16.&
18.
panies Clauses Consolidation
Act,
1845,"
" The
Lands Clauses
Con-
^cVc**1
solidation
Act,
1845,"
and " The
Markets and Fairs Clauses Consoli- incorporated
dation
Act,
1847/' shall
be
incorporated with
and
form Part
of
this with this
Act, except
so far as the
same
may be
hereby altered
or
varied. Act.
[Local.] 7
E
II.
And
570 10° & 11° VICTORIA, CapMix.
Quarter Ses- II. And be it enacted, That the Expression " Quarter Sessions " in
sions.
this and the said incorporated Acts shall be construed to mean the
Quarter Sessions for the West Riding of the County of York.
Short Title. in. And be it enacted, That in citing this Act in other Acts of
Parliament, and in legal Instruments, it shall be sufficient to use the
Subscribers
incorpo-
rated.
Expression Wakefield
Holdsworth* William
Marsden
Wood,
James Micklethwaite, William Brooke Naylor> John
Wood,
Joseph Sykes, and William Wood Glover, and all other Persons and
Corporations who have already subscribed or shall hereafter sub-
scribe to the Undertaking, and their Executors, Administrators, Suc-
cessors, or Assigns respectively, shall be united into a Company for
the Purpose of making and maintaining One or more Market Place
Market Wakefield
proper Conveniences belonging thereto, according to the Provisions
of the said recited Acts and of this Act, and for other the Purposes
herein and in the said recited Acts contained; and for the Purposes
aforesaid such Company shall be incorporated by the Name of " The
Wakefield Borough Market Company," and by that Name shall be
a Body Corporate, with perpetual Succession, and shall have Power
to purchase and hold Land for the Purposes of the Undertaking,
within the Restrictions herein and in the recited Acts contained.
Capital. V. And be it enacted, That the Capital of the Company shall be
Twelve thousand Pounds.
Number and
Amount of
Shares.
VI.
And be it enacted, That the Number of Shares into which the
Capital shall be divided shall be One thousand two hundred, and the
Amount of each Share shall be Ten Pounds.
Calls.
Power to
borrow
Money on
Mortgage
or Bond.
As to the
Appointment
of'aUeceiver.
VII.
And be it enacted, That Two Pounds Ten Shillings per Share
shall be the greatest Amount of any One Call which the Company
may make on the Shareholders, and Eve Pounds of the Amount of
a Share shall be the utmost aggregate Amount of Calls that may be
made in any One Year upon any Share, and Three Months at the
least shall be the Interval between successive Calls.
VIII. And be it enacted, That it shall be lawful for the Company
to borrow on Mortgage or Bond any Sums not exceeding Four thou-
sand Pounds; but no Part of such Sum shall be borrowed until the
whole of the said Capital or Sum of Twelve thousand Pounds shall
have been subscribed for, and One Half thereof shall have been actually
paid up.
IX. And be it enacted, That the Amount of Debt necessary to
enable any Mortgagee of the said Company to require the Appoint-
ment of a Receiver shall not be less than Five hundred Pounds.
X. And
To continue reading
Request your trial