Over Darwen Local Board Waterworks and Gasworks Act 1873
| Jurisdiction | UK Non-devolved |
| Citation | 1873 c. lxix |
| Year | 1873 |
IIEl%ErlS
tlic town and
iieighbonrhoocl
of
Owr
Darwm,
in
tlic
county
of
Laiicastcr,
arc
goveriiecl,
for
local
purposes,
by
tlic
Local
Boarcl
of
EIcaltli
for
tlic
district
of
Over
Darwcii,
in
tlie
comity
of
Laiicasicr,
licrcin-a€ter
rcfcrrcd
to
as
"
bhc
Local
Board
:"
rc.fc.rrcd
io
a.;
tlic
TVatci~orks
Act
of
1869,
tho therein-recited
Act
C.
rc~lating
to
ilic Darn-en
Waicrivorks
and
llescrvoirs Company
vas
repealed,
niid
tlint
Coiiipaiiy
was
x-iiicorporatcd
by
thc
namc
of
the
D~WWCII
TT~itc~\\.orlis
Co1iip1Y (herein-aftcr referred to
L~S
"
tllc
Waterir-orks
Coi~ll)~iiy
"),
aiicl
eiiipon-erccl
to iiiaiiitnin tlic \rater-
works
of
thc
dissolved
company,
and
bo
make
ancl
iiiaiiitain
acldi-
tionnl
vorks,
aiicl
to
supply v7ater within
tlie
limits clefincd in tlie
said
Act
:
Am1
whercns
tlic
aubliorisccl capital
of
Clic
Waterworks
Coiiipany
in sliarcs consists
of
an
oriejnal cnpitnl
of
tmeiity-five thoiivtiitl
poimds,
cliviclcil
in{
o
onc
t
liousancl
in-o
hunclrcd
ancl
iif
tp
sliarcs
oC
twciity
po~iiicls
each,
which
arc
a11
€idly
paid
up,
aiicl
ai1
aclc!itional
capital
of
forty
tliousancl poLuicls, divided into
four
tliousaiicl diarcs
01
ten
pouiids
each,
aid
of
n-liicli
four
thoiisancl eiglit
hundred
po~m'ds has been
raised
I)y
tlic
crcation
ancl
issnc
of
onc thousnntl
six
huudred
sllarcs
of
tcii
po~iiids each,
bearing
a
pref(~rciiec
clividc~ld
at
the
rate
of
fivc pounds 1)cr cciituni
pcr
nim~iiii,
and
on
vliicli
tllrec
pouiids
per
sharc
had 11ccii
paid
1113
011
the
Grst
clay
of
Ja1111m.y
oiic
tlioL1sai1tl
ciglit
hnndrcd and
scvciity-two
:
And
wlicrcns
ihc amouiit j\vliicli
t lic
\lTatcr~vorIis
Company
ar~
nutlioriscd to
borro~v
on
mortgage
is
ciglitccn
thonsaiitl
~w~ui(ls,
ol'
hit1
TI-~~CIYYLS
l)y
tllc
DXTVPII
'GS':~tcr~~~orks Act,
1869,
herciii-a€tcr
32
33
Yict.
[
L.ocnl,-GD.]
A
1
A.D.
lti73.
which,
on
the
said first day
of
January
one
thousand eight hundred
and seventy-two, the
sum
of
eight thousand
two
hundred pounds
had been borrowed and expended, and is
now
due
and
owing
:
And whcreas
the
limits within which the Waterworks
Company
are
authorised
to
supply
and
are supplying
water
include the whole
of
tlie dihtrict
of
the Local
Board
:
And
whereas by an agreement bearing date
the
thirtieth day
of May
one
thousand eight hundred and seventy-two, and made
between the Waterworks Compaiiy
of
the
one
part and the Local
Board
of
the other part,
it
was
agreed
that
the
Conipaiiy should
sell
to
the
Jmxl
Board, and
that
the
Locnl Board sliould purchase,
tlie undertaking
of
the Company
on
tho
tcniis
aiicl
conditions therein
mentioned
;
and
it
is
expedient
that
the said unclertaking should
be traiis€errecl
to
aiicl
vclstetl
i11
the Locul
Board,
and
that powers
And
~vlicreas the
morlis
which
by
the Waterworlis
act
of
1869
the
Watern
orks
Company
were
autliorised
to
construct have not
yet
been
completed,
and
by
the said agwemcnt
it
was
provided that
the Local
Board
should
complete
the same, and sliould
for
that
purpxe call
LIP
the
hslance
remaining uiic:~l!cd
011
tlic
said
first
day
of
January
me
thousand eight liunclred and seventy-two, in
respect
of
the one thousand
six
lnundrcd new preference
shares
of
the
Waterworks
Coiripaiiy Iiereiii-before nici itioned
:
And
whereas
by
the
Ovcr
Car~vciz
Gas
Act,
1855,
(litwin-after
referred
to
as
“the Gas
Act
of
1855,”)
the
therein-recited Act
relating
to
the
Ovcr
Dz~rmevl
Gaslight
Company
(herein-after
referred
to
as
“
tlie
Gas
Conipany
”)
was
rcpealcd,
and
that Conipany
was
re-iiicorporntcd,
aid
cmpo~vercd
to
construct
and
niaintain
gas-
works,
and
to
manufacture
rind
supply
gas
77
itliin
the
limits defined
in
the said Act
:
And
whcrms
tliv
authorisd capital
ot’ the Gas
Company
in
shares
ancl
stock coiisists
of
the
sum
of
kty
thonsaiid
po~nds,
of wliicli
tlic
Gas
Company
havc
raised
thirty-six tltoL1snitd
pounds
by
thc
creation
and
issue
of two
tlionsancl
foxr
hundred
shares
of
fifteen
pounds each, and
tlircc
thousand
two
hiinclred pounds by the
creation
and issue
of
stock, all
wliich
shares
ancl
stock
are
fully
paid
up
:
Aiid wlierms the amount Tvliicli the
Gas
Company
are
autlio~ised
to
l~orroiv on
mortgage
is
ten
tliousancl
poiinds,
of
which,
on
the
first
daj-
of
J
anuary
om
thousand
cislit
hundred
and
seventy-two,
tlie
SIUII
of’
eight thousand
and
fifty
pouds
liad
Leen
borrowed
and
exlwndcd,
aiicl
is
iiow
due
ancl owing
:
And
11
liereas
tlic lands
upou
wliicli the
works
of’
the
Gas
Conipauy
arc
ciwIc’2L
uc
~AC~CI
inpon
chief
reslts
tuz(:uutiug
in
the
aggwgate
to
-
SllOLdd
he
CoJlfU‘red
011
the LCKYIl
Board
for
tlliLt PUl’I)OSe
:
.
2
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