Pyrmont Bridge Company’s Supplementary Act 1861 25 Vic (NSW)

Pyrswont Brier Company's SuprpLemENTARY.

Preamble.

Power to borrow to

extent of paid up capital,

Loans may be raised

on mortgage or by issue of debentures and shall be first charge.

25° VIC. 1861.

Pyrmont Bridge Company's Supplementary.

.

An Act to continue the powers of the Pyrmont Bridge Company to raise Moncey by the issue of Debentures and by Mortgage. [11th December, 1861. ]

TTEREAS the powers given to the Pyrmont Bridge Company in and by an Act of the Legislature of New South Wales made and passed in the twenty-second year of the reign of Ter present. Majesty Queen Victoria intituled "dn Act to authorize additional " Works by the Pyrmont Bridge Company and to amend their Act of " Incorporation" have ecased and determined And whereas it is expedient to renew the powers to borrow moncy by way of mortgage or by the issue of debentures comprised in the tenth and cleventh sections of the said Act Be it therefore enacted by the Qucen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled and by the authority of the same as follows—

1. It shall be lawful for the Pyrmont Bridge Company in the manner provided by and subject to the provisions contained in the forty-cighth and forty-ninth clauses of an Act of the said Legislature made and passed in the nineteenth year of the reign of Her said Majesty intituled 'Az Act to incorporate the Pyrmont Bridge Company and Sor other purposes therein mentioned" and (except in so far as the same are repealed by the ninth section of the Act firstly hereinbefore mentioned) in the forty-seventh and fiftieth clauses of the said Act of incorporation from time to time to borrow and take up at interest any such sum or sums of moncy as to the said corporation shall seem meet and convenient not exceeding at any time the whole amount of the capital of the said corporation then actually paid up.