Isle of Thanet Gas Act 1914

JurisdictionUK Non-devolved
Citation1914 c. clxxi
[4 & 5
GEO.
5.] Isle of
Act, 1914. [Oh. clxxi.] ,
CHAPTEE clxxi.
An Act to enable the Isle of Thanet Gaslight and Coke
A.D.
1914.
Company to raise additional capital and for other
. purposes. [7th August 1914.]
T7n"HEREAS the Isle of Thanet Gaslight and Coke Company
»» (hereinafter called "the Company") were incorporated
by an Act of Parliament passed in the fifth year of the reign
of His late Majesty King George the Fourth intituled "An
" Act for lighting with gas the towns or villages of Margate
" Kamsgate and Broadstairs and places adjacent in the County
" of Kent" (hereinafter referred to as "the Thanet Gas Act
" 1824") and were (amongst other things) authorised to manu-
facture and supply gas within the limits prescribed by the
said Act:
And whereas further powers were conferred on the
Company by the Thanet Gas Act 1877 and the Thanet Gas
Act 1898:
And whereas the authorised capital of the Company
consists of eighty-eight thousand pounds consolidated ordinary
stock and eighty thousand pounds new ordinary stock each
entitled to a standard dividend of three pounds ten shillings
per centum per annum subject in each case to increase or
decrease in accordance with the decrease or increase below or
above their standard price of four shillings and twopence per
thousand cubic feet in the price for the time being charged
by the Company for gas supplied by them:
And whereas the whole of the consolidated ordinary stock
has been issued and fully paid up and there remains to be
issued of the new ordinary stock the sum of thirty-one
thousand two hundred and twelve pounds seventeen shiUings
and sevenpence:
[Prieels. 9d.] A 1

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