The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1879-04-05 00:00:00

STOURBRIDGE WATER.

A.D. 1879. Order empowering the Stourbridge Water-
works Company to supply water within
Stourbridge. the Pat ishes Peamore and .11 agley, in
the county of Worcester, and to raise
ii dditional Capital.
1. This Order may be cited as " The
Stourbridge Water Order, 1879"
2. The Stourbridge Waterworks Act,
1854, (in this Order referred to as "the
Act of 1854,") and this Order shall be
construed together, except so far as
such constiuction would be inconsistent
with or repugnant to the provisions of
this Order.

Short title

Construction
of Order.

Incorporotion 8. So far as the same relate to the
of Acts. powers conferred by this Order the
provisions of the CJnipanies Clauses
Consolidation Act, 1845, with respect to
the several matters following ; (that is
to say,)
The distribution of the capital of
the Company into shares ;
The transfer or transmission of
shares ;

The payment of subscriptions, and
the means of enforcing payment
of calls ;
The forfeiture of shares for non-
payment of calls;
The remedies of creditors of the
Company against the Share-
holders.;
The borrowing of money by the
Company on mortgage or bond;
The consolidation of the shares
into stock ;
The general meetings of the Com-
pany, and the exercise of the
right of voting by the share-
holdeis ;
The maklng of dividends ;
The giving of notices ; and
The provision to be made for
afrJraing access to the special
Act by all parties intereat3d ;
and kart I. (relating to cancellation
nd surrender of shareb), and Part

an dal
(relating to adaitionai capital); arid
kart 111. (relating to debenture stock)
ot the Couipanies Clauses Act, 1863,
the Companies Clauses id, 1869. and
the NN sterwoiks Clauses Acts, 1847
aud 1863, are, exctpt where expressly
vaned by this Order, incorpurated
with and form part of th.a Order.
For the purpose of such illeo-por-
atiou the term " spedial Act" in tee
said Acts shalt be construed to mean
• this Order.
Undertakers 4. The Stourbridge Waterworks
to exercise Company incorporated by the Act of
rowers within 1854 shall be the Undertakers for the
txtended limits. purposes of this Order, and are in this
Order referred to as " the Under-
takers," and shall huve and may exer-
ci-e within the parishes of redm:ire
and Bagley, in the county of Wor-
• ewer, all and the like rowers,
privileges, and authorities for the
supply of water. atm' be subject to alt
and the like duties, liabilities, and
ob.igations in respect theteLl as they
now have and are sW.jcct to within
the limits of the Act of 1854, and the
expression " linhts of this ac" in th,
Act or 1834 snarl from and after the
paastug of the Act coulifmiug this
oruer be deemed t(.> iuclude the said
parishes.
akso Bps"-- •

Unclertakerl inte]
`ll pr- oeiour

ton of - fereTwillfily cod-alit or pipe .
Oldswinford ing to any of the owners herein-after
l:osp,tal mentioned, they shall give to such
Charity and owners oleo notice as under section
other owners, thirty ot the Waterworks Clauses Act,
1847,141:1ey are bound to give (ten clear
days notice being substituted for three
clear days) bet re breaking up any
sewer or drain, to the person
under whose control or management
the same may be, and sections thirty
to thirty-four (both inclusive) of the
said Act shall apply to tiny conduits
or pipes for the time being belonging
to such owners, as if the same were
sewers or drains, and as if such owners
were the persons heving the control
or management thereof.
Tbe owners herein-before .retrred
to ere—

The !coffees of' the Oldswinford
Hospital Charity ; the rector
for the time being of the parish
of Pedmore. in the county of
Worcester ;les Evers
Swindell. Esquire, or the owner
or owners for the time being of
a awelting-house and premises
in the said parish and county,
in the occupat;.on at the time of
making this Order of Edward
Westland Bernard, Solicitor,
and of the two adjoining cott-
ages and premises ; William
Roberts, ironmaster, or the
owner for the time being of
Ferndale, in the said perish
and c Junty; and Thomas Taylor
iron merchant, or the owner
for the time being of Spring-
field Cottage, in the said parish
and county.

Additional Capital.
Additional 6. In addition to the capital already
capital. authorised to be raised by the Under-
takers they may from time to time-
1. Raise any further sums, not ex-
ceeding in the whole twenty thousand
pounds, by the issue of new ordinary
or preference shares or stoek, but the
the Undertakers shall rot issue any
share under the autholity of this
Order of less nominal value than ten
pounds, ag.cl

2. Borrow on mortgage, in respect of
the additional capital of twenty
thousand pounds by. this Order
authorised to be raised by ordin-
ary or preference shares or stock
any sums not exceeding in the
whole five thousand pounds ; and
the Undertakers may, as each
sum of four thousand pounds of
such additional capital le s been
issued and accepted, borrow on
mortgage, in respect of each
such sum of four thousand
pounds, any sum or sums not
exceeoing in the whole one
thousaud pounds; but in no
case shall any part of the said
respective sums of one thousand
pounds be borromed until shales
for so much of the said ad-
ditional capital in respect of
which such borrowing powers
are Nought to be exercised, and
as is to be raised by means of
shares, are issued and accepted.
*Lid one half of such capital is
paid up and the Undertakers
have proved to the Justice who
is to certify under the 40th
section of the Companh a Clauses
Consolidation Act. 1845, before
he so certifies, that shares for
the whole of such capital in re-
spect of which such borrowing
powers are sought to be exercised
kayo been issued, accepted, and
that one half thereof has been
paid up, and that not less than one
fifth part of the amount of each
separate share it such capital
has been paid on account *.hereof
before or at the time of the issue
or acceptance thereof, and until
stock for one half of so much of
the said additional capital in
respect of which snob borrowing
powers are sought to b exer-
cised, asis to be rased by meaes
of stock, is fully paid up. and
the U udertekers have proved to
such Justice as aforesaid, before
he 10 certifies, that such shares