Rhymney Railway Act 1857
| Jurisdiction | UK Non-devolved |
| Citation | 1857 c. cxl |
ANNO VICESIMO & VICESIMO PRIMO
VICTORLE REGIN.E.
***************************************************
Cap.
cxl.
An Act for consolidating the Acts relating to the
Rhymney Railway Company, and for authorizing
the Company to make and maintain a Branch
Railway, and for regulating the Capital of the
Company; and for other Purposes.
[10th August 1857.]
W
HEREAS by "The Rhymney Railway Act, 1854," (in i7&i8Vict.
this Act called "the Act of 1854,") the Rhymney Rail-
°-
cxciii-
way Company (in this Act called " the Company ") were
incorporated, with a Capital of One hundred thousand Pounds, in
Ten thousand Shares of Ten Pounds each, and with Power to borrow
not exceeding Thirty thousand Pounds, and were authorized to make
a Railway from Rhymney to a Junction with the
Newport,
Aberga-
venny, and
Hereford
Railway, and a Branch Railway therefrom, and
which Branch is in this Act called " The
Bargoed
Rhymney Branch
Railway:" And whereas the Company proceeded to put that Act
into execution: And whereas by "The Rhymney Railway Amend- i8&i9Vict.
ment Act, 1855," (in this Act called "the Act of 1855,") the Com- c-cx-
pany were authorized to raise an additional Capital of One hundred
thousand Pounds in Ten thousand Shares of Ten Pounds each, and
[Local] 23 G to
2050 20° & 21° VICTORIA
Cap.cxL
Rhymney Railway Act, 1857.
to borrow further Sums not exceeding Thirty thousand Pounds, and
to abandon the making of Part of their original Main Line, and to
make a Railway from their original Main Line to a Junction with
the Taff
Vale
Railway, and a Branch Railway to a Junction with the
Taff
Vale
Extension Line of the
Neicport,
Abergavenny,
and Hereford
Railway, and a Branch Railway (in this Act called " The old Caer-
philly Branch Railway ") to the Hamlet of Van; and also a Branch
Railway (in this Act called " The Bute Dock Branch Railway,")
commencing by a Junction with the Main Line of the Taff Vale
Railway in the Parish of Saint John
Cardiff,
and terminating in the
Parish of Saint Mary
Cardiff",
at or near to the North-eastern Corner
of the East Dock of the Marquis of Bute's Trustees: And whereas
by Section Forty-two of the Act of 1855, after reciting that Terms
of Agreement had been entered into between the Trustees of the
Marquis of Bute and the Company touching the Use of the Land
necessary for the therein-before fourthly described Railway (being the
Bute Dock Branch Railway), and certain Wharf Ground adjoining
the Bute Docks at
Cardiff,
it was enacted, that it should be lawful
for the Company to take from the Trustees or Trustee for the Time
being of the Marquis of Bute, and for the Trustees or Trustee to
grant, a Lease or Leases of such of the Lands and Wharves, Part of
the Estate of the Marquis of
Bute,
situate in the several Parishes of
Saint John and Saint Mary at
Cardiff,
as might be required by the
Company for the Purposes of the Branch Railway fourthly therein-
before described, and the Works and Conveniences connected there-
with, and as the Trustees or Trustee might agree to let to the
Company, and for such Term or Terms of Years, and for such
annual Rent or Sum, Rents or Sums, or other Consideration as
should be mutually agreed upon between the Company and the
Trustees or Trustee, and as should in and by such Lease or Leases
be reserved or made payable, and subject to such Conditions and
Stipulations as might be agreed upon and inserted in such Lease or
Leases, including a Condition of Re-entry for Nonpayment of* the
Rent or Rents, Sum or Sums, or other Considerations thereby to be
reserved or made payable, or on Breach or Nonperformance of any
of the Covenants, Conditions, and Agreements on the Part of the
Company therein to be contained: And wThereas the Company
proceeded to put the Act of 1855 into execution: And whereas
the whole of the Capital of One hundred thousand Pounds autho-
rized by the Act of 1854 has been subscribed for, and more than
One Half thereof has been paid up, and under the Authority of
that Act the Company have borrowed Eight thousand three hun-
dred and eighty Pounds : And whereas there is no Preferential
Share in the Capital of the Company: And whereas the Capital
of One hundred thousand Pounds, authorized by the Act of 1855,
has been subscribed for to the Extent of Eighty-six thousand three
hundred
20° & 21° VICTORIA, Cap.cxl 2051
Rhymney Railway Act, 1857.
hundred and forty Pounds, and is partly paid up, but the Company
have not borrowed any Money under the Authority of that Act:
And whereas it is expedient that the Periods by the Act of 1854
limited for the compulsory Purchase of Lands for the Bargoed
Rhymney Branch Railway, and for the Completion
thereof,
be respec-
tively extended: And whereas it is expedient that the Company be
authorized to abandon the making of the Caerphilly Branch Railway,
and to make a Line of Railway in substitution for the same: And
whereas the Bute Dock Branch Railway is in course of making, and
is to be carried for the greater Part thereof on an Embankment: And
whereas the Marquis of Bute's Trustees are excavating a Dock near
to the Land on which the Bute Dock Branch Railway is to be made,
and the Soil and Matters excavated therefrom could conveniently be
used in the making of the Embankment on which the Bute Dock
Branch Railway is to be carried, and those Trustees and the Com-
pany have entered into Terms of Arrangement for the making of that
Embankment by those Trustees: And whereas the Bridges or Arches
and other Works for the Bute Dock Branch Railway could be con-
veniently made by the Marquis of Bute's Trustees in connexion with
the making of the Embankment, and it is expedient that they be
authorized to exercise the Powers in that Behalf of the Company:
And whereas the Marquis of Bute's Trustees and the Company have
agreed for a Lease from those Trustees to the Company of the Land
on which the Bute Dock Branch Railway is to be made, but the Lease
is not yet executed
:
And whereas it is expedient that the Marquis of
Bute's Trustees and the Company be authorized to agree for an
Increase of Rent with respect to the Expenses of those Trustees in
and about the making of the Embankment and the Bridges, Arches,
and other Works for the Bute Dock Branch Railway, and also for the
Redemption by the Company of the Rent to be reserved by the Lease
or any Part
thereof:
And whereas it is expedient that the Company
be authorized to raise further Money for the Purposes of their Under-
taking, and that further Provision be made with respect to the Capital
and Debenture Debt of the Company: And whereas it is expedient
that Traffic Arrangements between the Company on the one hand
and the Taff Vale Railway Company and the Newport, Abergavenny,
and Hereford Railway Company, or either of them, on the other
hand, be authorized: And whereas it is expedient that the recited
Acts be repealed, and some of the Powers and Provisions thereof be
re-enacted with Amendments: And whereas the several Objects of
this Act cannot be attained 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:
I. This
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