Bathurst Copper Mining Company Act 1853 17 Vic (NSW)

An Act to incorporate 'The Bathurst Copper pBenuens cov oe 7 " + INING COMPANY. Mining Company" and for other purposes therein named. [26th Septeniber, 1853.]

AY UEREAS a certain joint stock company called "The Bathurst preamble. Copper Mining Company" has been established in the Colony of New South Wales under and subject to the rules regulations and provisions contained in a certain decd of settlement bearing date the tenth day of May one thousand cight hundred and fifty and purporting to be a deed of settlement of the said company And whereas by the said deed of settlement the several parties thercto have respectively and mutually covenanted and agreed that they and such other persons as should become proprictors in the said company as therein provided should become a company under the name of "'The Bathurst Copper Mining Company" for the purpose of opening and carrying on the mines and mining operations of Summerhill and to obtain copper and other ores and to dispose of the same and to smelt and refine all or any of the said ores on the land opened or elsewhere and to sell and dispose of the same according to the custom of mining and it was by the said deed of settlement agreed that the capital of the said company should

Company incor- porated.

Deed of settlement confirmed.

17° VIC. 1853. Bathurst Copper Mining Company. -

should be ten thousand pounds of lawful money of Great Britain to be contributed in two thousand shares of five pounds each and of such further sum or sums as should thereafter be raised by the creation and sale of new shares under the powers thereinafter contained for that purpose and it was further by the said deed of scttlement agreed that if at any time or times after all the shares aforesaid should have been taken it should he thought advisable to increase the capital of the said company it should be lawful for a general meeting specially called for that purpose to enter into a resolution to increase the capital of the said company to any amount to be specified in such resolution by the creation of new shares of five pounds cach and to determine the time and manner of paying for the same And whereas at a special general mecting called for that purpose the capital of the said company was increased to the sum of thirty thousand pounds by the ercation of four thousand new shares of the value of five pounds each And whereas by the deed of settlement provision has been made for the due management of the affairs of the said company by certain directors then "already appointed and by other directors to be from time to time clected and appointed as their successors by the shareholders of the said company And whereas the said company is desirous of being incorporated and it is expedient' that the said company should be incorporated accordingly subject to the provision hereinafter contained Be it therefore cnacted by His Excellency the Governor of New South Wales with the advice and consent of the Legislative Council thereof as follows—