Parramatta River Steam Company Act 1866 29 Vic (NSW)

ParRaMaTTa RIVER Sream Company.

Preamble.

An Act to incorporate the Parramatta River Steam Company. [7th April, 1866.]

HEREAS a Joint Stock Company called 'The Parramatta River Steam 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 twelfth day of October in the year of our Lord one thousand eight hundred and sixty-five purporting to be a deed of settlement of the said Company And whereas by the said deed of settlement the several parties thereto have respectively and mutually covenanted and agreed that they whilst holding shares in the capital of the said Com- pany should be and continue until dissolved under the provisions in

that

1866. 29° VIC.

Parramatta River Steam Company.

that behalf therein contained a Joint Stock Company under the name and title of "The Parramatta River Steam Company"' for the purpose of trading with steam vessels between Sydney and such place or places on the Parramatta River as the Directors of the said Company might from time to time determine and it was by the same deed of settle- ment agreed that the capital of the said Company should consist of five thousand pounds in one thousand shares of five pounds each and of such further sum and sums of money 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 And whereas the said Company is desirous of being incorporated and it is expedient that the said Company should be incorporated Be it therefore cnacted by the Queen'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 :-—