Carrickfergus and Larne Railway Act 1860
| Jurisdiction | UK Non-devolved |
| Citation | 1860 c. liv |
ANNO VICESIMO TERTIO
VICTORLE REGIME.
***41***************44**********************44*******
Cap. liv.
An Act for making a Railway from
Carrickfergus
to
Larne,
and for other Purposes.
[15th
May
1860.]
HEREAS the making of a Railway from the
Belfast
and
W
Ballymena
Railway at or near
Carrickfergus
to the Town of
Larne
would be of great public Advantage : And whereas the
Persons herein-after named, with others, are willing to carry such Under-
taking into execution : And whereas it is expedient that the
Belfast and
Ballymena
Railway Company should be enabled to subscribe towards
such Undertaking, and that the Company incorporated by this Act (in
this Act called "the Company ") and the
Belfast and Ballymena
Railway
Company should be enabled to enter into Traffic and Working Agreements,
as herein-after mentioned : And whereas the Objects and Purposes of this
Act cannot be effected without the 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, as
follows ; that is to say,
L
"The Companies Clauses Consolidation Act, 1845," " The Railways
Clauses Consolidation Act, 1845," " The Railways Act (Ireland),
1851,"
the Act of the Nineteenth and Twentieth
Victoria,
Chapter Seventy-three,
intituled
An Act to continue the Railways Act
(Ireland), 1851,
and the
[-Local.]
7 z
Lands
8
&
9 Vict.
cc. 16. 18.
& 20.. and
14
&
15Vict.
c. 70. &c., in-
corporated.
642
23° VICTORLE, Cap. liv.
The Carrickfergus and Lame Railway Act,
1860.
Lands Clauses Consolidation Act,
1845,
so far as the same is consistent with
the Railways Act
(Ireland), 1851, shall be incorporated with and form
Part of this Act:
Short Title.
II. In citing this Act for any Purpose whatsoever it shall be sufficient
to use the Expression " The
Carrickfergus and Lame Railway
Act,
1860."
Subscribers
incorpo-
rated.
III.
David Stewart Ker, Conway Richard Dobbs, James Agnew, John
Thomson, George Gray, Edward Coey, John Smyth, Edmund M Gildowny
Casement, George Birch Johnston, Samuel Gibson Getty, James Macaulay,
Thomas Barklie, Robert Stewart Lepper, Robert Grimshaw, John Macaulay,
Malcolm .M.A
T
eill, Thomas Kirkpatrick, Thomas Dixon, Samuel Chichester,
and all other Persons and
.
Corporations who have already subscribed or
shall hereafter subscribe to the Undertaking, and their Executors, Admi-
nistrators, Successors, and Assigns respectively, shall be united into a
Company for the Purpose of making and maintaining the Railway herein-
after described, with all proper Works and Conveniences connected
therewith, according to the Provisions of this Act and the Acts incorporated
therewith, and for the Purposes aforesaid shall be incorporated by the
Name of " The
Carrickfergus and Larne
Railway Company," and by that
Name shall be a Body Corporate, with perpetual Succession and a Common
Seal, and shall have Power to purchase and hold Lands for the Purposes
of the said Undertaking, within the Restrictions herein and in the said
Acts contained.
Capital.
IV. Subject to the Powers of converting Loans into Capital in " The
Companies Clauses Consolidation Act, 1845," contained, the Capital of the
Company in Shares shall be One hundred and twenty-five thousand Pounds;
and all and every Part of the Money so to be raised shall be applied
only in carrying into execution the Objects and Purposes of this Act.
Shares.
V. The Number of Shares into which the said Capital shall be divided
shall be Five thousand, and the Amount of each Share shall be Twenty-
five Pounds.
Calls.
Power to
borrow on
Mortgage.
VI. Five Pounds per
Share shall be the greatest Amount of any One
Call which the Company may make on the Shareholders, and Three
Months at the least shall be the Interval between successive Calls, and
Twelve Pounds Ten Shillings
per
Share shall be the greatest aggregate
Amount of Calls to be made thereon in any One Year.
VII.
It shall be lawful for the Company to borrow on Mortgage of
their Undertaking any Sums of Money, not exceeding in the whole the
Sum of Forty-one thousand five hundred Pound's, but no Part of that
Sum shall
be
borrowed until the whole of the said Capital of One
hundred
To continue reading
Request your trial