Royston (Yorkshire) and Brodsworth Gas Act 1931

Cited as:1931 c. liv
Jurisdiction:UK Non-devolved


Royston (Yorkshire) and Brodsworth Gas Act 1931

(21 & 22 Geo. 5) c. liv

An Act to provide for amalgamation of the 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 amalgamated undertakings and for other purposes.

[8th July 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 amalgamated undertakings and for other purposes. [8th July 1931.] W HEREAS the several companies hereinafter mentioned 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 townships 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 preference 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 pursuance of the consent of the Board of Trade given under the Public Utility Companies (Capital Issues) Act 1920: And whereas the Brodsworth Company are empowered 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 Company ") 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 empowered 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 [Ch. liv.] Royston and [21 & 22 Geo. 5.] Brodsworth Gas Act, 1931. A.D. 1931. companies dissolved and the amalgamated undertaking vested in a company to be incorporated for the purpose of carrying on the said undertaking and of supplying gas within the areas before referred to and in certain other areas adjacent thereto or in the neighbourhood thereof : And whereas it is expedient that a company should be established under statutory authority for the purposes aforesaid and that the persons hereinafter referred to with others should accordingly be incorporated into a company (hereinafter referred to as " the Company") and be empowered to supply gas within the limits defined by this Act and to exercise the other powers conferred by this Act: And whereas under or by virtue of the Barnsley Gas Act 1867 the Barnsley Gas Company were authorised to supply gas in among other places the parishes or townships of Barugh Darton Royston Carlton and Notton but have not within the whole of such parishes or townships exercised their powers and gas is now and has for some years past been supplied to consumers within such parishes and townships by the Royston Company and it is expedient that the powers of the Barnsley Gas Company to supply gas within part of the said parish or township of Barugh and within the other parishes or townships hereinbefore referred to should be repealed and that the said part of the parish of Barugh and the said other parishes or townships should be included within the limits of supply of the Company : And whereas it is expedient that the Company should be empowered to establish subject to the provisions of this Act a profit sharing scheme in which any of their employees may participate and become members and to establish a fund for the purpose of granting pensions and other allowances payments and benefits to their employees and to the widows families and dependants of such employees and that such provisions should be made with reference thereto as are hereinafter in this Act contained : And whereas the objects aforesaid 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 King's most Excellent Majesty by and with the advice and consent of the Lords Spiritual and Temporal and Commons in this present 4 [21 & 22 Geo. 5.] Boyston and [Qh. liv.l Brodsworth Gas Act, 1931. Parliament assembled and by the authority of the sanv A.D. 193] as follows (that is to say): Part I. Preliminary. 1. This Act may be cited as the Royston and Brods- Short title worth Gas Act 1931. 2. This Act is divided into Parts as follows: Act divided Part I.Preliminary. into Parta. Part II.Amalgamation of undertakings and incorporation of Company. Part III.Capital &c. Part IV.Meetings directors &c. Part V.Gasworks and lands. Part VI.Supply. Part VII.Heat unit basis for gas supply. Part VIII.Provisions as to price of gas and profits. Part IX.Reserve and other funds. Part X.Profit sharing &c. Part XI.Miscellaneous. 3. The following Acts and Parts of Acts are (subject Incorpora te the provisions of and so far as applicable to the purposes titm oi of this Act) hereby incorporated with and form part of Ae^ral this Act (namely): The Companies Clauses Consolidation Act 1845 (except the provisions relating to the conversion of borrowed money into capital) and the Companies Clauses Act 1863 as amended by subsequent Acts; The Lands Clauses Acts (except the provisions with respect to the purchase and taking of lands otherwise than by agreement); The Gasworks Clauses Act 1847...

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