Carangara Copper Mining Company Act 1854 18 Vic (NSW)

1854. 18° VIC. 369 Carangara Copper Mining Company.

An Act to incorporate "The Carangara Copper Siisixe Coma Mining Company." [80th September, 1854. ]

\ N JUEREAS a joint stock company called " The Carangara Copper Preamble. Mining Company " has been lately established at Sydney in the Colony of New South Wales under and subject to the rules regu- ations and provisions contained in a certain deed of settlement bearing date the nineteenth day of April in the year of our Lord one thousand eight hundred and fifty-four purporting to be a deed of settlement of the said company And whereas by the said decd of settlement the several parties thercto have mutually covenanted and agreed that they and such other persons as should become proprietors of shares in the said company as therein provided should be and continue until such company should be dissolved under the provisions in that behalf therein contained a joint stock company under the name and title of «The Carangara Copper Mining Company" for the purpose of working the lodes veins and strata of metallic ore and minerals upon or under the surface of the land and hereditaments mentioned in the deed of settlement of the said company and of such other lands and _heredita- ments as might be thereafter purchased and taken on lease or license by the said company under the provisions of the said deed of settlement or of such of them as by the board of directors might from time to time be thought advisable and for the purpose of purchasing metallic ores and minerals and of washing smelting or otherwise rendcring merchantable all such ores and mincrals as might be extracted pr cured or purchased and of purchasing and employing machinery for any of the purposes aforesaid and also for the purpose of exporting selling or otherwise disposing of all such ores and minerals cither in a natural or manu- factured 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 settlement agreed that the capital of the said company should consist of fifty thousand pounds divided into ten thousand shares of five pounds each or so much thereof as might from time to time be necessary and of such further sum or sums as might thereafter be raised by the creation allotment and sale of new shares as therein provided And whereas by the said deed of settlement provision has been made for the due management of the affairs of the company by certain directors already appointed and by other directors 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 expedient that the said company should be incorporated accord- ingly subject to the provisions hercinafter contained Be it therefore enacted by ILis 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 vorsted. subject to the rules regulations and provisions contained in the said deed of settlement become proprictors of shares of or in the capital for the time heing of the said company shall (subject nevertheless to the conditions regulations and provisions hereinafter contained) be one body politic and corporate in name and in deed by the name of " 'The Carangara Copper Mining Company" and by that name shall and may sue and be sued by any persons whether members of the said corpora- tion or not and shall and may 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 whomsoever 3A for