Vale of Clwydd Coal-mining Company's Act of 1893 56 Vic (NSW)

Vaux or Cowxon At Act to enable the directors and share-

Company's.

Preamble.

holders of the " Vale of Clwydd Coal-mining and Copper-smelting Company (Limited)" to alter, vary, repe: al, or add to the present rules and reenlations of the said company, and to change the name and style of the said company. [12th Jime, 1893. |

\ HEREAS, in the year one thousand eight hundred and seventy- two, a joint stock company called the "Vale of Clwydd and Lithgow Valley Coal-mining and Copper-smelting Company (Limite d)" was established at Sydney, in the colony of New South Wales, under the provisions of the Act of the Legislature twenty-fourth Victoria number twenty-one, intituled "4a Act to limit the Liability of Mining Partnerships," subject to the rules, regulations, and provisions con- tained in a certain deed of settlement heari ing date the seventh day of November, one thousand eight hundred and seventy-two, and by 'he said deed the several parties thereto agreed to constitute themsclves into a company, and respectively covenanted and agreed that they should form and be a joint stock company under the style and designation of the " Vale of Clwydd and Lithgow Valley Coal-mining and Copper- smelting Company (Limited)," and that the objects and business of the company should be to mine and seck for coal which may he discovered upon or in certain ground the property of the company situate at Lithgow Valley, Bowenfels, in the colony of New South Wales, and to prepare for sale and sell at any place or places in the colony of New South Wales or elsewhere coal which might be obtained by such mining and working, and generally to carry on the business of

a

1893. 56° VIC.

Vale of Clwydd Coal-mining Company's.

a mining company and do all such things as were incidental or con- ducive to the attainment of the beforementioned objects: And whereas by the "Vale of Clwydd Company's Incorporation Act of 1881" it was enacted that such and so many persons as had already become or at any time or times thereafter should in the manner provided by and subject to the rules, regulations, and provisions contained in the said deed of settlement become proprictors of shares of or in the capital for the time being of the said company should, subject to the conditions, regulations, and provisions in the ct now in recital afterwards con- tained, become one body politic and corporate in name and in deed by the name of the " Vale of Clwydd Coal-mining and Copper-sinclting Company (Limited)," and by that name should and might sue or be sued by any person whether member of the said corporation or not, and that the several rules, regulations, clauses, provisions, and agrec- ments contained in the said dced of settlement or to be made under or by virtue or in pursuance thereof or of the Act now being recited, should be deemed and considered to be and should be the by- laws for the time being of the said corporation, and should be of the same force and elfeet as if the same had been in the said Act specially enacted, save and except in so far as any of them were or should be altered, varied, or repealed by or were ov should be inconsistent or incompatible with or repugnant to any of the provisions of the Act now in recital or of any laws then or thereafter to be in force in the said colony : And whereas it has been found expedient and is desired by the members thereof to give the aforesaid corporation power to alter, vary, repeal, or add to the several rules, regulations, clauses, provisions, and agrce- ments in the said deed of settlement contained: And whereas it is desired by the members thereof to shorten the name and style of the aforesaid corporation: And whereas such power cannot be given and such change cannot be made without the authority of the Legislature : Be it therefore enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legis- lative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows :—