Western Peak Downs Copper Mining Company (Limited) Act 1874 37 Vic (NSW)

An Act to ineorporate the Proprietors of a Wer?us

Downs Corrs

certain Company ealled the " Western "ys coce Peak Downs Copper Mining Company = —

(Limited)" and for other purposes therein mentioned. [24¢h February, 1874. |

HEREAS a Joint Stock Company called the " Western Peak Preamble. Downs Copper Mining Company (Limited)" has been lately established at Sydney in the Colony of New South Wales under the provisions contained in a certain indenture dated the third day of June one thousand cight hundred and seventy-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 while holding shares in the capital of the said Company to be and continue (until dissolved under the provisions in that behalf therein contained) a Joint Stock Company under the name of the "Western Peak Downs Copper Mining Company (Limited) " for the purpose of digging and mining of copper and othcr ores and minerals from the lands of the sai Company mentioned in the said deed an from any other lands which may be from time to time purchased or leased by or on behalf of the said Company and the purchasing o copper and other ores and mincrals and the smelting of such ores and mincrals for the extraction of copper and other metals therefrom by all necessary and usual machinery means and appliances whether on account of the said Company or of other parties And whereas provi- sion is made by the said dced for the management of the said Company by direetors therein named and for the election, of future directors and for enabling such directors with consent of a general mecting to purchase or take upon lease any lands for mining purposes in addition to the lands in the said deed mentioned and for the leasing the whole or any portion or portions of the Company's mineral lands or the working the same on tribute and for the erection of machinery thercon and for the taking on lease of business premises and for the making of contracts and for limiting the liability of the sharcholders as among themselves and from time to time to appoint the necessary officers agents and solicitors and to fix the remuneration of such officers and agents And whereas it was by the said deed of settlement further agreed that the capital of the Company should consist of seventy-five thousand pounds in seventy-five thousand shares of one pound cach whereof twenty-five thousand shares fully paid up were allotted to certain shareholders styled proprietors and fifty thousand shares to other sharcholders styled contributory shareholders And whereas provision was also made for the creation and allotment of additional