The Cardiff Coal Company’s Incorporation Act of 1863 27 Vic (NSW)

An Act to incorporate "' The Cardiff Coal Com- ,,,¢",, pany." [80th December, 1863. | INCORPORATION.

HEREAS a joint stock Company called "The Cardiff Coal Preumbte.

Company"' has been lately 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 date the first day of October in the year of our Lord one thousand cight hundred and sixty-two purporting to be a deed 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 whilst holding shares in the capital of the said Company should be and continue until dissolved under the provisions in that behalf therein contained a joint stock Company or partnership under the name and title of 'The Cardiff Coal Company" for working the coal or other mines in or upon or under the land described in the said deed and in upon or under any other land of which the said Company might from time to time be owners or lessees for the purchase or leasing of coal or other mineral lands for following up and acting upon any trade or purpose mentioned in any regulations for the management or conduct of coal or other mines in the said Colony then promulgated or there- after to be promulgated for purchasing the necessary machinery for working the said mines or for testing the mining capabilities of any land purchased or intended to be purchased by the Company or for draining any mines or any other purpose in connection therewith for exporting selling or otherwise disposing of all coal or other minerals to be raised from any land belonging to or leased by the said Company for disposing of the timber on any such land for leasing or selling any such lands and for constructing railways roads wharves and other matters necessary for the promotion of the objects of the said Company And it was by the same deed of settlement agreed that the capital of the said Company should consist of thirty thousand pounds to be contributed in three thousand shares of ten pounds each and of such further sum or sums as might thereafter be raised by the creation and sale of new shares of the like amount 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