Pyrmont Bridge Company Act 1855 19 Vic (NSW)

Prrwont Broce Company.

Preamble.

An Act to incorporate 'The Pyrmont Bridge Company" and for other purposes therein mentioned. [15th December, 1855. |

HEREAS a joint stock company called "The Pyrmont Bridge Company | has been lately' established at Sydney in the

Colony of New South Wales under and subject to the rules regulations and provisions contained in a certain deed of scttlement bearing date the second day of July in the year of our Lord one thousand eight hundred and fifty-five purporting to be a decd of settlement of the said company And whereas by the said deed of settlement the several partics thereto have respectively and mutually covenanted and agreed that they and such other persons as should become proprictors of shares in the said company as therein provided should become a company under the name of "The Pyrmont Bridge Company" for constructing and maintaining a bridge across Dar ling IL[arbour in Port Jackson in the said Colony from the Market Wharf in the city of Sydney to Union-street Pyrmont in the said city capable of admitting vessels of all classes whether navigated by steam or otherwise to pass "and repass through the same And for making and maintaining a bridge or viaduct across Blackwattle Sw amp in the said harbour from Pyrmont to the Glebe And all necessary roads and approaches to such 'bridges and viaducts and for the connection thereof with the said bridge from Market-strect to Union-street aforesaid And for connecting such bridge with the Parramatta and Balmain Roads respectively at some convenient points and with the terminus of the Sydney Railway on Darling Harbour And for the erection of offices workshops cranes weighing and other machines stcam-engines appliances and conve- niences necessary for the construction and purposes of such bridges when constructed or any of them And for the purchase and hire of one or more tugs or vessels to be employed in connection with the said bridge from Market-street to Union-strect aforesaid and otherwise in and about the said harbour And for the acquisition of profits to be derived from tolls to he taken at such bridges and roads or any of them 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 not exceeding the sum of one hundred thousand pounds as might there- after 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