Clarence and Richmond Rivers Steam Navigation Company's Act Amendment Act 31 Vic (NSW)

1867. 31° VIC. 5

Clarence and Richmond Rivers Steam Navigation Company.

An Act to make preferential the One thousand two ,Citar'evns

Steam NaviGaTIon

hundred and fifty new Shares of Ten pounds "Cosmas: each created in the capital of the Clarence _ and Richmond Rivers Steam Navigation Com-

pany by a resolution of the Shareholders of

the said Company passed at a Special General Meeting of the said Company holden on the

sixth day of March one thousand eight hun-

dred and sixty-five. [9th October, 1867. ]

TTEREAS a Joint Stock Company called the ' Clarence and Preamble.

Richmond Rivers Steam Navigation Company" was duly incorporated by Act of the Legislature of New South Wales passed in the twenty-fourth year of Iler present Majesty's reign and intituled "An Act to incorporate the Proprietors of a certain Company called "©The Clarence and Richuond Rivers Steam Navigation Company' "and for other purposes therein mentioned" And whereas on the sixth day of March one thousand cight hundred and sixty-five the capital of the said Company was increased from the sum of fifty thousand pounds to the sum of sixty-two thousand five hundred pounds by the creation of one thousand two hundred and fifty new shares of ten pounds each And whercas such shares were duly allotted to the sharcholders of the said Company but not all the said sharcholdcrs were willing to take wp and pay for the same And whereas with a view to induce the taking up of the said shares the Directors of the said Company have heen duly authorized by a meeting of the share- holders of the said Company duly convened and held on the twentieth day of March one thousand cight hundred and sixty-seven to apply for an Act of the Legislature of New South Wales declaring such new shares preferential shares and preferentially entitled to a dividend in manner hereinafter appearing And whereas it is expedicnt for the well-being of the said Company and for inducing the shareholders of the said Company and others to take up and pay for such new shares that the same should be made preferential and a dividend preferentially paid thercon Be it therefore enacted 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 :—