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128°
UnIon BANK oF
AUSTRALIA.
Preamble.
3 Vict.
Union Bank of
Australia Act.
Inspectors autho-
rized to receive all
moneys on behalf of
the company.
Bonds &e. how to be
sued upon,
11° VIC. 1847.
Union Bank of Australia.
ANNO UNDECIMO
VICTORIA REGIN Z.
An Act to amend " An Act for facilitating Pro-
" ceedings by and against a certain Banking
" Company called ' The Union Bank of Aus-
" tralia' and for other purposes therein men-
* tioned." [16th August, 1847. ]
HEREAS an Act was passed in the third year of the reign of
Her present Majesty Queen Victoria intituled "An <Aet for
" fucilitating Proceedings by and against a certain Banking Company
" called 'The Union Bank of Australia' and for other purposes therein
" mentioned" And whereas it is expedicnt to amend the said recited
Act Be it therefore enacted by His Excellency the Governor of New
South Wales with the advice and consent of the Legislative Council
thereof That the Inspector for the time being of the said banking
company shall be and is hereby fully authorized to receive and retain
on behalf of the said company all money belonging or debts due to the
said company whensoever howsoever and in whosoever's name the
same may be secured and that the receipt in writing of such Inspector
for any money received by him shall exonerate the person or persons
paying the same to him from all liability in respect of the same or the
application. thereof.
2. And be it enacted That all bonds mortgages warrants of
attorney and other securities whether assignable in law or not and all
contracts and agreements whether parol or under scal which have here-
tofore been or shall or may at any time hereafter be taken in the name
of any person as Inspector of the said banking company or in the
name of such Inspector and any other person or persons for or on
account of the said company shall and may be put in suit and enforced
sued and prosecuted upon at law or in equity in the name of the
Inspector for the time being of the said company in whose name the
same may have been or shall be taken or entered into or in the name
of any person who shall or may succeed or be appointed to that office
and be the Inspector for the time being of the said company at the
time such proceeding or proceedings shall be instituted carried on or
continued notwithstanding the name of any such succeeding Inspector
be not inserted in any such bond mortgage warrant of attorney or
other such security or in any such contract or agreement as an obligce
mortgagee assignee payee of the sum or sums of money therein
respectively mentioned or secured and the death resignation removal
or other act of any Inspector for the time being of the said company
in whose name any such bond mortgage warrant of attorney or other
such security as aforesaid or any such contract or agreement shall be
so put in suit shall not abate any action suit or other proceeding had
thereon but the same may be continued and carried on in the name of -
any person who may be or become the Inspector for the time being of
the
1847. , 11° VIC. 129
Union Bank of Australia.
the said banking company and it shall not be necessary to enter any
suggestion or file any supplemental bill or in any other way to notice
such change on the face of the proecedings in any such suit or action.
3. And be it enacted That the bringing any action suit or other Actions brought in
proceeding in the name of such Inspector as such Inspector shall be "°° % Petr
prima facie evidence that a memorial of the name of such Inspector
conformable to the provisions of the said recited Act has been recorded
as by the said Act is required.
4, And be it enacted That neither the death resignation nor Actions and other
removal of any such Inspector for the time being shall abate or preju- legal pro oe ee ee
dice any such action suit indictment information prosecution or diced by the death
proceeding but the same may be continued by or against the said removal of the
company in the name of the next or other succeeding Inspector for nonin plaintif
the time being of the said company or in the name of any dircctor of _
the said company Provided always that no second suit action or other
proceeding shall be at any time commenced by or against any such
Inspector or director for the same cause of action where the merits
shall have been tried and decided in the first suit or action.
5. And be it enacted That all terms of years lands tencmonts Al hereditaments to
and hereditaments which are now or which at any time or times here- the time being and.
after shall be vested in the Inspector of the said bank or in the said hig successor in
Inspector and any other person or persons whomsocver for or on ~
behalf of the said company shall be and are hereby vested in the
person who is now the Inspector and his successors in office in the
nature of a body corporate for and on behalf of the said company and
all terms of years lands tenements and hereditaments in which any
right title or interest shall after this Act shall come into operation
be acquired or taken by or on behalf of the said company shall and
may be conveyed to and vested in the Inspector for the time being
and his successors in office in the nature of a body corporate for and
on behalf of the said company.
6. Provided always and be it enacted That nothing hercin Company not incor-
contained shall extend or be deemed taken or construcd to extend to Pred by this Act.
incorporate the members or proprietors of the said company or to
relieve or discharge them or any of them from any responsibilities
duties contracts or obligations whatsoever to which by law they or
any of them now are or at any time hereafter shall be subject or hable
cither between the said company and others or between the individual
members of the said company or any of them and others or among
themselves or in any other manner whatsoever except so far as the
same is in terms affected by the provisions of this Act and the true
intent and meaning of the same.
7. And be it enacted That all contracts agreements convey- Company may make
ances leases releases mortgages assignments surrenders covenants Coyne and con-
receipts and other documents made or to be made given or granted by nameot the In-
to or on behalf of the said company shall and may be made and'?
executed and enforced by or to or against the Inspector for the time
being of the said bank and the same shall be binding upon the said
company and the capital stock thereof.
8. And be it enacted That this Act and the powers and pro- Act to extend to all
visions herein contained shall at all times extend to all persons now "Hs Prepretors.
members of the said company or who shall hereafter become so.
9. Provided always and be it enacted That nothing in this Act Act not to affect the
contained shall be deemed to affect or apply to any right title or Neste
interest of Ter Majesty Ifer Heirs or Successors or of any body or
bodies politic or corporate or of any other person or persons excepting
such bodies politic or corporate and other person or persons as are
mentioned in this Act or of those claiming from or under him her or
them.
R 10.
Notarial copy of deed
of copartnership to
be received as legal
evidence in any
Court of Law or
Equity.
Repeals 4th section
of 3 Victoria herein
recited.
Act when to take
effect.
Act to be deemed a
public Act.
11° VIC. 1847.
Redfern Estate Trust.
10. And be it enacted That a copy of the deed of copartner-
ship and settlement of the said company certified and attested under
the hand and seal of some notary public to be a true transcript of the
original deed of copartnership and settlement of the said company
shail be received as legal evidence of the contents of such deed of
copartnership and settlement in all Courts of Law Equity Admiralty
Vice-Admiralty Bankruptcy or Insolvency and in all Courts of
inferior jurisdiction in the Colony of New South Wales without any
'further proof thereof.
11. And whereas by the fourth section of the said Act it, is
enacted That the inspector for the time being shall within fifteen days
from the first day of July in each year cause a truc list of all the then
existing members of the said company with their respective places of
abode (as far as the same may be known to him) and descriptions to
be recorded in the Supreme Court of New South Wales And whereas
it is expedient to repeal the said fourth section of the said recited Act
Be it therefore enacted That the fourth section of the said Act shall
be and the same is hereby repealed.
12. And be it enacted That this Act shall come into operation
so soon as and not until the same shall have reccived the Royal
approbation and the notification of such approbation shall have been
made by order of His Excellency the Governor in the New South
Wales Government Gazette.
18. And be it enacted That this Act shall be deemed and taken
to be a public Act and shall be judicially taken notice of as such by
the Judges of the Supreme Court of New South Wales and by all
other Judges Justices and others within the Colony of New South
Wales and its dependencies without being specially pleaded.