Wellington and Severn Junction Railway Act 1853
| Jurisdiction | UK Non-devolved |
| Citation | 1853 c. ccxiv |
ANNO DECIMO SEXTO •& DECIMO SEPTIMO
VICTORLE REGIN.E.
Cap,
ccxiv.
An Act for making a Railway from Wellington to
Coalbrookdale, and an Extension to the River
Severn, all in the County of Salop; and for other
Purposes. [20th August 1853.]
W
HEREAS the making of a Railway from the Shrewsbury
and Birmingham Railway at or near to Ketley in the
Parish of Wellington in the County of Salop to Coal'
brookdale in the Parish of Madeley, with an Extension to the River
Severn in the Parish of Madeley, all in the same County, would be
of great public and local Advantage: And whereas the Persons
herein-after named, with others, are willing, at their own Expense, to
carry such Undertaking into execution; but the same cannot be
effected 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 Parlia-
ment assembled, and by the Authority of the same, as follows ; (that
is to say,)
[Local.] 43 M I. That
3910 16° & 17° VICTORIA, Cap.ccxiv.
The Wellington and Severn Junction Railway Act} 1853.
8&9 Vict I. That " The Companies Clauses Consolidation Act, 1845," " The
cc.16.18.
&
Lands Clauses Consolidation Act,
1845,"
and " The Railways Clauses
rate^with0 Consolidation Act, 1845," shall be incorporated with and form Part
this Act. of this Act,, save as to such of the Provisions thereof (if any) as
may be expressly altered by this Act.
Short Title. H- That in citing or referring to this Act in other Acts of Parlia-
ment, or in legal Instruments and Pleadings, or Notices of any De-
and Severn Junction Railway Act,
1853."
Wellingt
o
Incorpora- nI- That the Honourable Robert Henry Clive, Henry Hill,
tion of Com- Thomas Jeffreys Badger, John Perks, George Knox, William Bailey,
pany- Robert Roy, Richard William Johnson, and all other Persons and
Corporations who have already subscribed or shall hereafter subscribe
to the Undertaking, and their Executors, Administrators, Successors,
and Assigns respectively, shall be united into a Company for the
Purpose of making and maintaining the Railways herein-after described,
with all proper Works and Conveniences belonging thereto, according
to the Provisions of this Act and the Acts incorporated herewith, and
for other Purposes herein and in the said Acts contained; and for the
Purposes aforesaid such Company shall be incorporated by the Name
of " The Wellington and Severn Junction Railway Company," and
by that Name shall be a Body Corporate, with perpetual Succession
and a Common Seal, and shall have Power to purchase and hold
Lands for the Purposes of the Undertaking, within the Restrictions
herein and in the said Acts contained.
Capital. IV. And whereas the estimated Cost of making the said Railway
and Works is Sixty thousand Pounds, be it enacted, That, subject to
the Powers of. converting Loans into Capital in " The Companies
Clauses Consolidation Act, 1845," contained, the Capital of the Com-
pany shall be Sixty thousand Pounds, and all and every Part of the
Money so to be raised shall be applied only in carrying into execution
'the Objects and Purposes of this Act. .
Shares. V. That the Number of Shares into which the said Capital shall
be divided shall be Six thousand, and the Amount of each Share shall
be Ten Pounds. '
Calls.
VI. That Two Pounds per Share shall be the greatest Amount of
any One Call which the Company may make on the Shareholders,
and Six Pounds per Share shall be the utmost aggregate Amount
of Calls that may be made in any One Year upon any Share, and
Three Months at the least shall be the Interval between successive
Calls.
VII.
That
To continue reading
Request your trial