Lord Tredegar Estate Act 1865
| Jurisdiction | UK Non-devolved |
| Citation | 1865 c. 5 |
| Year | 1865 |
ANNO VICESIMO OCTAVO & VICESIMO NONO
VICTORIA REGINJE.
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Caj». 5.
An Act for confirming an Agreement between the
Right Honourable Charles Morgan Robinson
Lord Tredegar and Promoters of the Alexandra
Dock Company for the Convenance to the Com-
pany of Lands forming Part of his Settled
Estâtes, and the making by Trustées of the
Settlement of the Estâtes out of Trust Monies
subject to the Settlement of a Contribution
towards the Capital of the Company; and for
other Purposes ; and of which the Short Title is
" Lord Tredegar s Estate Act, 1865."
[5th July 1865.]
W
HEREAS a Bill, intituled A Bill to authorize the Con- „.„„.
struction of a Dock and other Works at or near Newport c. ccclixTii.
on the Western Side of the River Usk, to be called " The
Alexandra Dock" and of Railways to connect the same with
Tieighbouring Railways, and for other Purposes, has been introduced
into Parliament in the présent Session : And whereas it is proposed
\Private.] t by
28° & 29° VICTORLE, Cap.5.
Lord Tredegar s Estate Act, 1865.
by the Bill to incorporate a Company by the Name " The Alesandra
(Newport) Dock Company " (in this Act called " the Company
"),
with a Capital of Six hundred thousand Pounds in Thirt.y thousand
Shares of Twenty Pounds each, and with Authority to borrow on
Mortgage not exceeding Two hundred thousand Pounds, and to
make and maintain a Dock and Railways and other Works therein
speeified, and for the Purposes thereof to enter upon, take, and use
Lands delineated on the Plans and described in the Books of
Référence deposited for the Purposes of the Bill : And whereas the
greater Part of the Lands which or Parts whereof it is proposed by
the Bill that the Company should be authorized to take or use are
in the several Parishes of Saint Woollos and Bassaleg in the County
of Monmouth, of which the Right Honourable Charles Morgan
Robinson Lord Tredegar is now, as appears by Récitals in this Act,
Tenant for Life in possession, and those Lands are settled in strict
Settlement, and are subject to divers încumbrances, as appears by
Récitals in this Act : And whereas those Lands are speeified in the
First Schedule to this Act annexed, and in this Act the whole of
those Lands are called " the Dock Lands," and Parts thereof are
called " the présent Dock Lands," and other Parts thereof are called
" the future Dock Lands :" And whereas an Agreement a Copy of
which is given in the Second Schedule to this Act annexed (in this
Act called " the scheduled Agreement
"),
conditional on the Com-
pany obtaining the Act for which that Bill was introduced, and dated
the Twenty-first Day of December One thousand eight hundred and
sixty-four, between Lord Tredegar on his own Behalf and on behalf
of the Trustées of his Family Seulement and ail Persons interested
thereunder on the one Part, and Thomas Brown and Crawshay
Bailey, and George William Jones and John Lawrence, and Rowland
Fothergill and William Henry Forman, on the other Part, bas been
entered into conditional on the requisite Parliamentary Authority for
the Purpose being obtained for the immédiate Conveyance to the
Company of the présent Dock Lands or Parts thereof or Easements
therein, and the Conveyance hereafter to them of the future Dock
Lands or Easements therein, in considération of a Rentcharge, and
upon the Terms and Conditions therein expressed, and for the Sub-
scription by the Trustées of the Seulement of Twenty-hVe thousand
Pounds towards the Company's Capital, and the Payment thereof
out of Monies arising by the Exercise of the Powers of Sale and
Exchange contained in the Seulement.
L—The Récitals next following show the Seulement of Lord
Tredegar's Family Estâtes to which the Dock Lands are
now subject.
,1.
By an Indenture (in this Act called "the Deed of One thousand
eight hundred and fourteen ") dated the Twenty-eighth. Day ofJune
One
28° & 29° VICTORLE, Cap.h.
Lord Tredegar s Estate Jet, 1865.
One thousand eight hundred and fourteen between Sir Charles
Morgan Baronet, since deceased, of the First Part, Lord Tredegar
(then Charles Morgan Robinson Morgan Esquire, the eldest Son and
Heir Apparent of Sir Charles Morgan,) of the Second Part, Sir
Robert Salusbury Baronet of the Third Part, Thomas Swinnerton
and Thomas Robert Salusbury of the Fourth Part, and Samuel
Homfray and Rowley Lascelles of the Fifth Part, divers Estâtes,
including Parts of the Dock Lands, were limited to such Uses, upon
and for such Trusts, Intents, and Purposes, and with, under, and
subject to such Powers, Provisoes, Agreements, and Déclarations, as
Sir Charles Morgan and Lord Tredegar should by Deed from Time
to Time appoint, with divers ulterior Uses to take effect in default
of Appointaient.
2.
By an Indenture (in this Act called " the Settlement ") dated
the Twenty-sixth Day of November One thousand eight hundred and
forty-four between Sir Charles Morgan and Lord Tredegar (then
Charles Morgan Robinson Morgan Esquire) of the First Part,
Francis Miles Milman and Charles Octavius Swinnerton Morgan of
the Second Part, and Sir Hugh Owen Owen Baronet (then Hugh
Owen Owen Esquire) and Charles Francis Rowley Lascelles of the
Third Part, the Settled Estâtes, comprising Portions of the Dock
Lands, were, in exercise of the Power of Appointaient created by
the Deed of One thousand eight hundred and fourteen, limited
(subject to Charges thereon, and to Leases and Agreements for
Leases confirmed by the Settlement, and to a joint Power of
Appointment by Sir Charles Morgan and Lord Tredegar thereby
created, and to a Term of Five hundred Years thereby limited to
Sir Hugh Owen Owen and Charles Francis Rowley Lascelles upon
the Trusts thereof thereby declared,) to the Use of Sir Charles
Morgan for his Life, without Impeachment of Waste, with Remainder
to the Use of Trustées during his Life, upon the usual Trust to
préserve contingent Remainders, with Remainder to the Use of
Lord Tredegar and his Assigns for his Life, without Impeachment
of Waste, with Remainder to the Use of Trustées during his Life,
upon the usual Trust to préserve contingent Remainders, with
Remainder to the Use of Charles Rodney Morgan, eldest Son of
Lord Tredegar, and his Assigns for his Life, without Impeachment
of Waste, with Remainder to the Use of Trustées during his Life,
upon the usual Trust to préserve contingent Remainders, with
Remainder to the Use of his First and every other Son, severally
and successively according to Seniority in Tail Maie, with Remainder
to the Use of Godfrey Charles Morgan, Second Son of Lord
Tredegar, and his Assigns for his Life, without Impeachment of
Waste, with Remainder to the Use of Trustées during his Life, upon
the usual Trust to préserve contingent Remainders, with Remainder
to the Use of his First and every other Son, severally and successively
according
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