Croydon and Epsom Railway Act 1844
| Jurisdiction | UK Non-devolved |
ANN0
SIIPTIMO
&
OCTAVO
VICTORIA3
REGINB.
Cap.
xcii.
An
Act
for
making
a
Railway
from
the
London
[2Yth
Jzily
1844.1
and
Croydon
Railway
at
Croydoia
to
Epsom.
IIEREAS
the making
of
a
Railway, to commence by
a
Junction with the
London and Croydon
Railway at
Croy-
don
in thc County
of
Stwrey,
and
to
terminate at
Epsom
in the same County, would be
of
great public Advantage, by
opening a more
easy
and expeditious Communication than now
subsists between those Places and between
Epsom
and the Metro-
polis
:
And whcrcas the Persons herein-after named are willing, at
their own Expciice, to carry such Undertaking into execution
;
but
the same cannot
bc
cflccted with the Authority
of
Parliament
:
May
it,
therefore plcnsc Your Majesty that it may be enacted
;
and be it
enacted by the
QUCCI~)S
most Excellent Majesty, by and with the
Advice and Conscnt
of
the Lords Spiritual and Temporal, and Com-
mons,
in this present I’arliamcnt assembled, and by the Authority of
thc same, That
JohtL
Btrdmy,
Benjninin
Baines,
Thomas
Boulton,
Company
in-
,I;rtiies
Cappel,
Ciicit*Ies
Sedyficld
Crowley,
John
Lawrie, Charles
Smith
corporated.
AIort
im
r,
Fra
12
cis
iM&cicr,
Snni
son
IZicri
rdo,
Rdp
h
Rim
rdo, Frederick
Roberts,
James
WIdcitl,
and
Willicim
Arthur
Wilkinson,
and all other
Parties
who
have already subscribed or shall hereafter subscribe to the
[Locctl.]
52
K
said
4730
7”
&
8”
VICTORIE,
Cap.
xcii.
said undertaking, and their Executors, Administrators, Successors,
and Assigns respecbively, shall be united into
a
Company for the Pur-
pose of making the said Railway, with proper Works and Conveniences
connected therewith, according to the Provisions of this Act, and for
the Purpose aforesaid shall be incorporated by the Name of “The
Croydon
and
Epsom
Railway Company,” and
by
that Name shall be
a
Body Corporate, with perpetual Succession, and shall have Power
to purchase and hold Lands, within the Restrictions herein-after con-
tained,
for
the Purposes
of
the said Undertaking.
Capital.
11.
And whereas the estimated Espence of making the said Rail-
way and Works is One hundred and eighty thousand Pounds
;
be it
enacted, That Two hundred thousand Pounds shall be the Capital
of
the said Company.
Shares.
111.
And be it enacted, That the said Capital shall be divided into
Ten thousand Shares, each of the Amount
of
Twenty Pounds
;
and
such Shares shall be numbered in arithmetical Progression, beginning
with Nuniber One
;
and every such Share shall be distinguished by its
appropriate Numbcr.
Shares to be
Persona1
Estate.
IV.
And be it enacted, That a11 Shares in the Undertaking shall
be Personal Estate, and transmissible as such, and shall not be of the
Nature
of
Real Estate.
Share-
holders-
V.
And
be
it enacted, That every Person who shall have subscribed
or shall subscribe the Sum of Twenty Pounds or upwards to the
Capital of the Company shall be deemed
a
Shareholder
of
the
Company,
and
shall
be
entitled to have One Share therein allotted
to
him
in
respect
of
every Sum of Twenty Pounds
so
subscribed
by him.
of
VI.
And be it enacted, That the Company shall keep
a
Book,
to be called the
“
Register Book of Shareholders,”
and
in such Book
shall
be
fhirly and distinctly entered from Time to Time the Names
of
the several Corporations, and the Names and Additions of the
several Persons, being Shareholders of the Company, the Number
of‘
Shares to which such Shareholders shall be respectively entitled,
distinsuishing each Share by its Number, and the Amount of the Sub-
scriptions paid on such Shares; and such Book shall be authen-
ticated by the Common Seal of the Company being affixed thereto
;
anti such Authentication shall take place
at
the first Ordinary Meeting
or
at some subsequent Meeting of the Company.
Share-
holders.
Addresses
of
Share-
VII.
And
be
it enacted, That in addition
to
the said Kegister
of
Shareholders the Company shall provide
a
proper Book, to be called
the
“
Shareholders Address Book,” in which the Secretary shall from
Time
to
Time
enter the Places
of
Abode of the several Shareholders
of
the Company
;
and every Shareholder, or if such Shareholder be
a
Corporation the Clerk or ”Agent of such Corporation, may
at
all
convenient Times peruse such Book
gratis,
and inay require
a
Copy
thereof or of
any
Part thereof; and for every Hundred Words
so
1
reqnired
7”
&
8”
VICTORIB,
Cap.
xcii.
4731
required to be copied the Company may demand a Sum not exceed-
ing
Sixpence.
VIII.
And
be
it enacted, That on Demand of the Holder of any
Certificates
Share the Company shall cause
a
Certificate- of the Proprietorship of of
Shares-
such Share to be delivered to such Shareholder, and such Certificate
shall have the Common Seal of the Company affixed thereto, and
such Certificate shall specify the Share in the Undertaking. to which
such Shareholder is entitled, and the same may be according to the
Form in the Schedule (A.)
to
this Act annexed, or to the like
Effect; and for such Certificate the Company may demand any Sum
not exceeding Two Shillings and Sixpence.
IX. And be it enacted, That such Certificate shall be admitted in
Certificateto
a11 Courts
as
prim6
ficie
Evidence of‘the Title of such Shareholdcr,
be
Evidence*
his Executors, Adniinistrators, Successors, or Assigns, to the Share
therein specified
;
nevertheless, the Want of such Certificate shall not
prevent the Holder of any Share fiom disposing thereof’.
X.
And be it enacted, That if any such Certificate be worn out
Certificateto
be
renewed
when
de-
or damaged, then upon the same being produced at some Meeting of
the Directors such Directors may order the same to be cancclled, and
strayed.
thereupon another similar Certificate shall
be
given to the Party in
whom the Property of such Certificate, and of the Share therein men-
tioned, shall be at thc Time vested, or if such Certificate be lost or
destroyed, then upon Proof thereof a similar Certificate shall be given
to
the Party entitled to the Certificate
so
lost or destroyed, and in
either Case
a
due Entry of the substituted Certificate shall be made
by the Secretary in the Registry of Shareholders
;
and for every such
Certificate
so
given or exchanged the Company may demand any
Sum not exceeding Two Shillings and Sixpence.
XI.
And
be
it enacted, That, subject to the Ke$ulations herein
Transfers
of
contained, every Shareholder may sell and transfer his Shares in thc
Shares to
be
12ailway by Deed duly stamped, in which the Consideration shall be
T:istered,
truly stated, and such Deed may be according to the Form in the
Schedule
(B.)
to this Act annexed, or to the like Effect
;
and the
same (when duly executed) shall be delivered to the Secretary, anti
be kept by him, and the Secretary shall enter a Memorial thereof in
a
Book,
to be called the
‘‘
Register of Transfers,” and shall endorse
such Entry on the Deed of Transfer, and for every such Entry and
Endorsement the Company may demand any Sum not cxceeding
TWO
Shillings and Sixpence
;
and on the Request of the Purchaser of any
Share an Endorsement of such Transfer shall be made on the Certiti-
cate
of
such Share, instead of a new Certificate being granted, and
for such Endorsement the Company may demand any Sum
not
ex-
ceeding One Shilling
;
and such Endorsement, being signed by the
Secretary, shall be considered in every respect the same as a new
Certificate; and until such Transfer have been so dclivered
to
the
Secretary
as
aforesaid the Purchaser of the Share shall not
be
entitled
to receive any Share of the Profits of the said Undertaking,
or
to
vote in respect of such Share.
XII.
And
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