Colonial Sugar Refining Company Act 1863 27 Vic (NSW)

An Act to enable " The Colonial Sugar Refining Cos: sean Company" to sue and to be sued in the name of such Company and to vest the property of the Company in the Trustees for the time

being of such Company. [80th December, 1863. ]

HEREAS a Joint Stock Company was in the year one thousand Preamble.

eight hundred and fifty-five established in Sydney by the name of " The Colonial Sugar Refining Company" for the purpose of purchasing and refining of raw sugar the importation purchase and sale of sugar whether raw or refined the purchase and sale of molasses the distillation of molasses and other articles into spirits the purchase and sale of spirits the manufacture of animal charcoal ivory black and the sale of any such and such other business and purposes as the Board of Directors of such Company should from time to time think fit and most beneficial for the interest of the said Company And whereas by the deed of settlement of the said Company bearing date the first day of January one thousand eight hundred and fifty-five Sir Danicl Cooper Baronet and William Fanning Esquire were appointed trustees of the said Company And it was thereby provided that all lands tenements and hereditaments bclong- ing to the said Company should be vested in such trustees their heirs and assions upon certain trusts being trusts for the benefit of the Company as thercin mentioned And whereas Mdward Knox and Benjamin Walker are the present trustees of the said Company in whom all the lands tene- ments and hereditaments belonging to the said Company are now vested upon the trusts of the said indenture of scttlement And whereas in consequence of the death resignation or departure from the Colony of the local trustees or any of them it may become necessary from time to time to appoint new trustecs in the place of those so dying resigning or leaving the Colony and upon every such new appointment the lands tenements hereditaments securities and property of the said Company would in the absence of any special enactment in relation thereto have to be trans- ferred from time to time to the new trustee or trustecs as the case may be whereby the titles thereto would become unnecessarily complicated and eveat expense would be occasioned to the Company And whereas it is expedient that provision should be made for enabling the said Company to sue and be sued in this Colony in the name of the said Company but without incorporating the same and tha! the lands tenements hereditaments