South Metropolitan Gas Act 1920
| Jurisdiction | UK Non-devolved |
| Citation | 1920 c. lxxi |
| Year | 1920 |
I10
S;
11
GEO.
5.1
Sozcth
Metaopolitan
Gas
[Ch.
Ixxi.
act,
1920.
CHAPTER
Ixxi.
,411
,ict
to
enable the South Metropolitan
Gas
Company
A.]).
1'320.
to
sell
gas
on
a
heat unit
basis
to
make
new provision
as
to
charges
for
the
gas
and application
of
the profits
of
the Company
to
extmd
the powers
of
the Companv
to amalgamat
e
with
or
purchase other undertakings
and
for
other
purposes.
[4th
August
1920.1
HERE-1S
the
South
J'l
etro;?olitan
Gas
Company
(in
this
w
Act
callrti
''
the
Company
")
11
ere
incorporated by an
Act passed in
tlie
year
on^
tliousaiic! riqht hnntlretl and forty-
two ancl
imdw
tile
pro\-isions
of
that
,ict
and
subsequently
passed
;uid
schen~es
of
itlni~lyalil~ttioal confirmed
hy
Ordms
in
Council relating
to
the
Coiiipny
imcl
their izndertaking
are
supplying
gas
11
itliin certain parishes and places in
the
county
of
London
and
within
parts
of
the connties
of
Surrey
and
Kent
:
,Ind
wherczts
the
itiiticrt;tliin~
of
the Company
is
a
large
intlnqtrial
iindertaking
supplyiiq
a
pul)lit>
service to an important
metropolitm
area
contaiiiing
~t~)Ii~i~d~
of
one and
a
half million
in1ial)itantr aid
Iipwards
of
eiqlit thoiiwitl
persons
are
engagecl
in
the
imckrtaking
of
the
Conipnny
:
,411tl
wliei~eas
rincler
thc.
-kts
of
ihr Coinpany
regulatin..
thcii.
iiii(1ertakiiig
t
iitb
tli~
idend
011
th~ oi*tlillitry stock
of
lhp
(lornpnn~
ie
tlepcwleiit imder
;t
slidiug
scale
011
the
price
rtt
wliicli qas is
from
timl
to
time sold
1)s
the Coinpaiiy
:
Ancl
IT
liereas
niitler
thr
viict
slidiiig scale
the
dividend
paid
011
such
ordinary
docl.;
for
the
tein
half-years
up to
and
inclutlinq
the
thirtieth
(lay
of
Jiine
one thousand nine
huiiclred
mcl
fourteen
\\as
at
tlie
rate
of
~T-P
pounds
nine
shillings t~nrl
fourpence per cwitum
per
mnuin
:
~
[Price
Is.
Net.]
A
1
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