Ophir Copper Mining Company Act 1853 17 Vic (NSW)

284 17 VIC. 1853. Ophir Copper Mining Company.

yoru Gore An Act to incorporate '' The Ophir Copper INING CoMPAaNy. . 35 . Mining Company" and for other purposes herein named. [87rd October, 1858.]

Preamble. HEREAS a certain joint stock company called "The Ophir 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 deed of settlement bearing datc the fifth day of May one thousand eight hundred and fifty-three and purporting to be a deed of settlement of the said company And whereas by the said deed of settlement the several parties thereto have respectively and mutually covenanted and agrecd that they and such other persons as should become proprietors in the said company as therein provided should become a company under the name of * The Ophir Copper Mining Company" for the purpose of working the lodes veins and strata of metallic ores and mincrals upon or under the surface of the land and hereditaments mentioned in the deed of scttle- ment of the said company and of such other lands and hereditaments as might be thereafter purchased or taken on lease or license by the said company under the provisions of the said deed of settlement or such of them as by the board of directors might from time to time be thought most advisable and in washing or otherwise rendering mer- chantable the ores and minerals won and obtained therefrom and also in smelting and refining the ores and mincrals which might be pro- duced from the said lands and hereditaments or such of them and in such quantities as the board of directors for the time being in their discretion should think fit and also in selling or otherwise disposing of all such ores and minerals either in a natural or manufactured state in such market and generally in such manner and form as the board of directors should think most beneficial to the interest of the said company and it was by the said deed of scttlement agreed that the capital of the said company should be twenty thousand pounds of lawful money of Great Britain to be contributed in four 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 settlement agreed that if at any time or times it should be thought advisable to inercase the capital of the said company it should "he lawful for a general mecting specially called for that purpose to enter into a resolution to inerease 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 by the said deed of settlement provision has been made for the duc management of the affairs of the said company by certain directors then already appointed and by other dircctors to be from time to time elected and appointed as their successors by the sharcholders of the said company And whereas the said company is desirous of being incorporated and it is expedicnt that the said company should be incorporated accordingly subject to the provisions hereinafter contained Be it therefore enacted hy His Excellency the Governor of New South Wales with the advice and consent of the Legislative Council thereof as follows— Company incorpo- 1. Such and so many persons as have already become or at any rated. time or times hereafter shall or may in the manner provided by and