The Australian Joint Stock Bank Act 17 Vic (NSW)

AUSTRALIAN

An Act to incorporate the Proprictors of a Certain sosr stock Bass. Banking Company called "The Australian Joint Stock Bank" and for other purposes therein mentioned. [8rd September, 1853.]

: HEREAS a joint stock banking company called "The Australian Preamble.

Joint Stock Bank " has been lately established at Sydney in the Colony of New South Wales under and subject to the rules regula- tions and provisions containcd in a certain indenture or deed of settlement bearing date the twenty-ninth day of December in the year of our' Lord one thousand cight hundred and fifty-two And whereas the said company is desirous of being incorporated and it is expedient that it should be incorporated accordingly but subject to the provisions hereinafter contained Be it therefore enacted by His Excellency the Governor of New South Wales with the advice and consent of the Legislative Council thereof as follows—

1. Such and so many persons as have already become or at any Company incor- time or times hereafter shall or may in the manner provided by and poraled, subject to the rules regulations and conditions contained in the said indenture or deed of settlement become proprietors of shares of or in the eapital for the time being of the said company shall for the purposes aforesaid but subject nevertheless to the conditions res- trietions regulations and provisions hereinafter contained be one body politic and corporate in name and in deed by the name of 'The Australian Joint Stock Bank" and by that name shall and may suc

any

262 17° VIC. 1853.

Australian Joint Stock Bank.

any person or persons body or bodies politic or corporate whether a member or members of the said corporation or not and may be sued implead and be impleaded in all Courts whatsoever at law or in equity and may prefer lay and prosecute any indictment information and prosecution against any person or persons whomsoever for any stealing embezzlement fraud forgery crime or offence and in all indictments informations and prosecutions it shall be lawful to state the money and goods effects bills notes securities or other property of the said company to be the money goods effects bills notes securities or other property of the said corporation and to designate the said company or copartnership by its corporate name whenever for the purpose of any allegation of an intent to defraud or otherwise howsoever such desig- nation shall be necessary and the said corporation shall have per petual succession with a eommon scal which may be altered varied and changed from time to time at the pleasure of the said corporation. Confirmation of pro- 2. The several laws rules regulations clauses covenants and settlement as by- agreements contained in the said indenture or deed of settlement or to SNject the eonipany be made under or by virtue or in pursuance thereof are and shall be and the general laws. deemed and considered to be and shall be the by-laws for the time being of the said corporation save and except in so far as any of them are or shall or may be altered varied or repealed by or are or shall or may be inconsistent or incompatible with or repugnant to any of the provisions of this Act or of any of the laws or statutes in force in the said Colony subject nevertheless to be and the same may be amended altered or repealed either wholly or in part in the manner provided in and by the said indenture or decd of settlement but no rule or by-law shall on any account or pretence whatsoever be made by the said corporation either under or by virtue of the said indenture or decd of settlement or of this Act in opposition to the general scope or true intent and meaning of the said deed of settlement or of this Act or of any of the laws or 'statutes in force in the said Colony.