Gloucester Gaslight Company's Act 1872

• Jurisdiction: UK Non-devolved
• Citation: 1872 c. v
• Year: 1872

[35 VICT.] Gloucester Gaslight Company's Act, 1872. [Oh. V.]

CHAPTER v.

An Act to extend the powers of the Gloucester Gaslight

A.D.

1872.

Company; and for other purposes. [13th May 1872.]

W

HEREAS by "The Gloucester Gaslight Company's Act, 19&20Vict.

1856/'

(in this Act called " the existing Act/3) repealing the c- cxviii-

Local and Personal Acts 1 Geo. IV. cap. 10, and 4 and 5 ¥m. IV.

cap.

52, the Gloucester Gaslight Company (in this Act called "the

Company") were (section 5) continued incorporated with (section

17) a capital of forty-six thousand four hundred pounds, of which

twenty-five thousand pounds was divided into one thousand shares

of twenty-five pounds each, distinguished as " the Gloucester Gas-

light Company's Class A. shares/5 and the balance was (section 20)

authorised to be raised by the creation and issue of new shares,

and (section 30) the Company were authorised, when the whole

capital was subscribed for and one half thereof paid up, to borrow

on mortgage or bond any sums not exceeding one fourth of their

capital:

And whereas the Company created and issued eight hundred and

fifty-six shares of twenty-five pounds each, distinguished as " the

Gloucester Gaslight Company's Class B. shares," representing the

sum of twenty-one thousand four hundred pounds, the balance of

their capital under the existing Act, upon which shares the sum

of twenty-one pounds fifteen shillings per share has been called up

and paid, and have borrowed and now owe on mortgage or bond

ten thousand eight hundred pounds :

And whereas by the existing Act (section 4) it was enacted that

the limits of that Act should comprise and include the whole of the

city of Gloucester as it existed immediately before the passing of the

Act

2

Wm. IV. cap.

45-,

to amend the representation of the people in

England and Wales, and all places and parts of places within one

mile from the boundary of the said city, and that within such limits

the Company might supply gas for public and private purposes :

[Locah-5 J\ A 1