Stratford-upon-Avon and Midland Junction Railway (Various Powers) Act 1910
| Jurisdiction | UK Non-devolved |
| Citation | 1910 c. viii |
| Year | 1910 |
CHAPTER
viii.
[Ch.
viii.]
St’ti?.atfoi.d-upo12-A2ioIZ
awl
Hiidlancl
[IO
EDW.
7.1
Jzcnction
Railway
(
Ya~ious
Pozoem)
Act,
1910.
A.D.
1910.
.
And whereas the loan and share capital of the Korthampton
Company issued under the said
Acts
md
iiow
subsisting consists
of
the following
:-
_.
Irredeemable five per centum
A
debenture
2
s.
cl.
stock
-
-
-
115,930
3
4
Redeemable five per centnni
B
debenture
stock
-
-
-
1’70,03
13
11
Five per centuni first preference stock
-
145,000
0
0
Five
pcr
ceiitum second preference stock
-
74,770
0
0
Ordinttry stock
-
-
-
10!3,9~iO
0
0
And whereas forty thousand
pounds
of the
said
second pre-
ference stock and thirteen thousand three hundred and tn-enty
pounds of the sttid ordinary stock are held in
the
names of
Edwin Sloper deceased and Walter Leigh-Hunt in trust for the
Northampton Company and
it
is expeclient that provision should
be made in respect of such stocks (in this
Act
referred to as
“the trust stocks
”)
as in this
Act
provided
:
And whereas the Korthampton Company
or
their under-
taking is not subject
to
any
mortgages
or debentnrcs
other than
the said
h
ancl
U
debenture stocks
but
thc Korthampton
Com-
pany
have
under section
24
of the Korthampton and Banbury
Junction lhilway Act
1870
granted irreclecina1)le rentchnrges to
the amount
of
two
hundred and three
pounds
nine shillings and
tenpence per annium
:
And whereas under
an
agreeiiieiit clated the 29th
clay
of
Narch
18G5
scheiluled
to
and confirmed
hy
the Korthanipton
and
Banbury Railway (Branch)
Act
1865
the Korthampton Compaiiy
were gmiited running powers over the London
ancl
North Western
Railway between Coekley Brake and
Uanb~wy
and
the me
of
the
Banbury Station
of
the
Loiicloii
and Korth Western Bailmay in
perpetuity
:
And whereas the rail~vays
of
the Korthampton Company
forni
a
continuous line
with
the railways
of
the Company and
afford through comniuiiicatioii ancl connections with several
trunk lines
:
And whereas the railways of the Worthainpton Company
could be worked and managed more efficiently and ecoiioniically
by
the Company:
And whereas the Northampton Company and the Company
have entered into the agreement
a,
copy
of
which is set forth
2
[lo
EDTY.
7.1
st,.cLtfol.cl-l6~Oi6-~UO?~
ccncl
XLdlcc?zd
[
Ch.
viii.]
JzciLction
Railitmy
(
Yu~ioics PozL.el*s)
Act,
1910.
in the schedule to this Act (and is in this Act referred
to
as
A.D.
1910.
“the agreement
of
1009”)
for the
sale
to the Company
of
the
undertaking
of
the Northampton Conipnny
and
it
is expedient
that tlie
said
agreement he confirmed
and
carried into effect
as
varied by this
Act
ancl
otherwise as in this Act proviclecl
ancl
the said undertaking be accorcliiigly transferred to ancl vested in
the Company and that the Xorthainpton Company
be
dissolved
:
And ~1-1iereas tlie
liolclcrs
of
up~\-arcls
of
three-fourths
of
the
nominal amount
of
the
snicl
irredeemable five per cent
uni
A
clebeiiture stock aiicl
of
the said recleemnble five per centum
B
debenture stock
of
tlie Korthanipton Company have respectively
consented to the pro\-isioiis
of
this Act ancl the holders
of
the
said preference
ancl
ordinary stock
of
the
Korthampton Company
Iia~e
consented
lo
the provisions
of
this Act in nia111ier required
by the standing orders
of
I’diament:
And whereas
it
is expedient that the Company shonlcl be
authorised to niake
and
maiiituin the widening
of
the railway
of
the Korthampton Company hereiiiafter clescribed
:
-
Ancl
uhereas
it
is expedient that the Company should be
authorised to acquire retain
hold
use
and
deal
with lands and
property for tlie purposes
of
their undertnking
slid
that the
pol\
ers
to
tlie
efyect
herein-after
set
forth in relation thereto
should
be
conferred upon
thc
Company
:
diicl
ivhere:~
it
is expcclient that tlie Company slioitltl
bc
authorised to apply their
funds
for the purposes
of
this Act and
for
the general purposes
of
their uiiclertakiiig
:
tained in this Act shoulcl be niacle
:
And whereas
it
is expedient that the other provisions
con-
And ~vhereas pluiis
ancl
sections showing the lilies and levels
of
the widening and other
works
by tlii,s Act authorised to be
constructed ancl plaiis slio~~
iiig
the lands
by
this
Act
authorised
to
be acquired
or
the acquisition whereof is by this
Act
confirmed
alid
also
books
of
rcferencc containing thc names
of
the owners
zLlld
lessees
or
reputed owners and lessees arid
of
tlie occupiers
of
tllose
laiicls
were
duly
deposited
with
the
clerks
of
tlie
peace
for the counties
of
Warn~icli
aiicl
Korthanipton in
which
counties
such Tviclening and other works
mill
he
colistructed and such
lands
are situated and
are
herein-after respectively referred to
as
‘‘
the deposited
plans
sections and books
of
reference
”
:
0
-1
2
CJ
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