Royston (Yorkshire) and Brodsworth Gas Act 1931
| Jurisdiction | UK Non-devolved |
| Citation | 1931 c. liv |
| Year | 1931 |
[21 & 22
GEO.
5.] Royston and [Ch. liv.]
Brodsworth Gas Act, 1931.
CHAPTER liv.
An Act to provide for amalgamation of the
A.D.
1931.
undertakings of the Brodsworth and District Gas
Company the South Elmsall and District Gas
Company and the Royston (Yorks) and District
Gas Company Limited to incorporate and confer
powers on the Royston and Brodsworth Gas
Company and vest in that company the amal-
gamated undertakings and for other purposes.
[8th July 1931.]
W
HEREAS the several companies hereinafter men-
tioned are possessed of gas undertakings and
are supplying gas within the districts parishes townships
and places hereinafter mentioned :
And whereas by the Brodsworth and District Gas
Act 1912 the Brodsworth and District Gas Company
(hereinafter referred to as " the Brodsworth Company ")
were re-incorporated and estabUshed for the purpose of
manufacturing storing and supplying gas withinthe urban
district of Adwick-le-Street and the parishes and town-
ships of Brodsworth-cum-Pigburn and Scausby Owston
Thorpe-in-Balne Skellow Burghwallis Skelbrooke Marr
Hampole Askern Norton Campsall Sutton-near-Doncaster
Moss Fenwick Little Smeaton and Kirk Smeaton all in
the west riding of the county of York with an authorised
capital of forty-two thousand pounds consisting of
twenty-one thousand pounds original capital fully paid
up entitled to a standard rate of dividend of ten pounds
[Price 2s. M. Net.] A *
[Oh. liv.] Eoyston and [21 & 22
GEO.
5.]
Brodsworth Gas Act, 1931.
A.D.
1931.
in respect of every one hundred pounds and twenty-one
— thousand pounds additional capital by the creation and
issue at their option of new ordinary shares or new
preference shares or stock entitled to a standard rate of
dividend of seven pounds in respect of every one hundred
pounds issued as ordinary capital and at the rate of
dividend of six pounds in respect of every one hundred
pounds actually paid up of such capital issued as pre-
ference capital but the amount of such preference shares
or stock was not to exceed ten thousand pounds:
And whereas the Brodsworth Company have created
and issued ten thousand and nine hundred pounds of
such additional capital as ordinary capital and nine
thousand and nine hundred pounds of such additional
capital as preference capital seven thousand four hundred
pounds of such last mentioned capital being entitled to
an additional rate of dividend of one per centum in pur-
suance of the consent of the Board of Trade given under
the Public Utility Companies (Capital Issues) Act 1920:
And whereas the Brodsworth Company are em-
powered to borrow on mortgage of their undertaking
one-half of the amount of the said paid up share capital
of the said Company and they have borrowed the sum
of thirteen thousand five hundred and ninety-one pounds:
And whereas by the South Elmsall and District Gas
Act 1923 the South Elmsall and District Gas Company
(hereinafter referred to as the " South Elmsall Com-
pany ") were incorporated and established for the purpose
of manufacturing and supplying gas within the parishes
and townships of South Elmsall North Elmsall South
Kirkby Badsworth Hamphall Stubbs Thorpe Audlin
Upton Bilham Hooton Pagnall Stotfold Barmbrough and
Hickleton and part of the parish of Clayton-with-Frickley
all in the west riding of the county of York with an
authorised capital of fifty thousand pounds consisting of
(a) thirty thousand pounds divided into six thousand
shares of five pounds each fully paid up original capital
entitled to maximum rates of dividend of ten poimds per
centum in respect of seven thousand five hundred and
forty pounds part thereof and eight pounds per centum
in respect of twenty-two thousand four hundred and
sixty pounds the remainder thereof and (6) twenty
thousand pounds additional capital entitled to a rate of
2
[21 & 22
GEO.
5.] Royston and [Ch.
liv.l
Brodsworth Gas Act, 1931.
dividend of eight pounds in respect of every one hundred A.D. 1931.
pounds actually paid up of such capital issued as ordinary —-
capital and at the rate of seven pounds in respect of every
one hundred pounds actually paid up of such capital
issued as preference capital:
And whereas the South Elmsall Company have
created and issued ten thousand pounds of such additional
capital as preference capital but have not issued any part
of the additional capital as ordinary capital:
And whereas the South Elmsall Company are em-
powered to borrow on mortgage of their undertaking
one-half of the amount of the paid up share capital of the
said company but they have not exercised such borrowing
powers :
And whereas the Royston (Yorks) and District Gas
Company Limited (hereinafter referred to as " the
Royston Company ") were in the year one thousand nine
hundred and four incorporated under the Companies
Acts 1862 to 1900 for the purpose of manufacturing
selling and supplying gas in the parishes of Royston and
Felkirk and elsewhere in any other parishes or towns in
the county of York and are now supplying gas within the
urban districts of Royston and Darton and the townships
and parishes of Havercroft South Hiendley and Carlton
but have no statutory powers for or in connection with
such supply :
And whereas the nominal capital of the Royston
Company is fifty thousand pounds and they have created
and issued capital to that amount divided into fifty
thousand ordinary shares and have borrowed on mortgage
debentures the sum of two thousand pounds :
And whereas the areas within which the Brodsworth
Company and the South Elmsall Company are supplying
gas are contiguous and the area within which the Royston
Company are supplying gas is not far distant from the
said contiguous areas being separated therefrom by areas
not within the limits of supply of any authorised gas
undertakers:
And whereas it would be to the public and local
advantage and in the interest of the consumers of gas
throughout the said areas that the undertakings of the
said companies should be amalgamated the several
A2 3
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