A.D. 1878. Short title. Construction of Order. Undertakers. Additional capital. New shares auction or tender. BOGNOR GAS. Order empowering the Bognor Gas Light and Coke Company, 1. This Order may be cited as "The Bognor Gas Order, 1878." 2. The Bognor Gas Order, 1871, (in this Order referred to as "the Order of 5 1871,") and this Order shall be construed together, except so far as such construction would be inconsistent with or repugnant to the provisions of this Order. 3. The Bognor Gas Light and Coke Company, Limited, shall be the Undertakers for the purposes of this Order, and are in this Order referred to as "the 10 Undertakers." 4. In addition to the share capital authorised by the Order of 1871, the Undertakers may from time to time raise additional share capital not exceeding in the whole eight thousand five hundred pounds. 5. The Undertakers shall, when any shares created under the powers of this 15 to be offered by Order are to be issued, and before offering the same to the holder of any other shares or stock of the Undertakers, and whether the ordinary shares or ordinary stock of the Undertakers are or is at a premium or not, offer the same for sale by public auction or by tender, in such manner, at such times, and subject to such conditions of sale as the Undertakers may from time to time by special 20 resolution determine: Provided that at any such sale no single lot shall comprise more than one hundred pounds nominal value of shares, and that the reserved price put upon such shares shall not be less than the nominal amount thereof, and notice of the amount of such reserved price shall be sent by the Undertakers in a sealed letter to the Board of Trade not less than twenty-four 25 hours before the day of auction or the last day for the reception of tenders, as the case may be, and such letter may be opened after such day of auction or last day for the reception of tenders, and not sooner, and provided that no priority of tender shall be allowed to any holder of shares or stock of the Undertakers. 30 Purchase money of shares sold by auction to be paid within three months. As to notice to sale, &c. of shares. 6. It shall be one of the conditions of any sale of shares under this Order that the whole nominal amount of each share, together with any premium given by any purchaser at such sale in respect thereof, shall be paid to the Undertakers within three months after such sale. 7. The intention to sell any shares by auction or by tender under the 35 to be given as provisions of this Order shall be communicated by the Undertakers in writing to the clerk of the local authority of the district in which the principal office of the Undertakers is situate, and to the secretary of the Committee of the London Stock Exchange, at least twenty-eight days before the day of auction or the last day for the reception of tenders, as the case may be, and notice 40 of such intention shall be duly advertised by the Undertakers once in each of two consecutive weeks in one or more newspapers circulating within the limits of supply. offered to 8. When any shares have been offered for sale by auction or by tender A.D. 1878. under the provisions of this Order, and not sold, the same shall be offered, at Shares not sold the reserved price put upon the same respectively for the purpose of sale by by auction or auction or tender, to the holders of the ordinary shares or ordinary stock of by tender to be 5 the Undertakers, in such manner as may be prescribed by a special resolution shareholders. passed by the Undertakers: Provided always, that any shares so offered, and not accepted within the time prescribed by such special resolution, shall again be offered for sale by public auction or by tender, in the manner and subject to the provisions of this Order with respect to the sale of shares created under 10 the powers of this Order. arising on 9. Any sum of money which may arise from the issue of any shares under Application of premium the provisions of this Order by way of premium, after deducting therefrom the expenses of and incident to such issue, shall not be considered as profits of the shares. Undertakers, but shall be expended in extending or improving the works of 15 the Undertakers, or in paying off money borrowed or owing on mortgage by the Undertakers, and shall not be considered as part of the capital of the Undertakers entitled to dividend. dend on addi tional capital. 10. The Undertakers shall not in any year make out of their profits any Limits of divilarger dividend on the additional capital by this Order authorised than seven 20 pounds in respect of every one hundred pounds actually paid up of such capital as may be issued as ordinary capital, or six pounds in respect of every one hundred pounds actually paid of such capital as may be issued as preference capital. 11. The amount of all moneys borrowed by the Undertakers and secured Limit of borrowing powers. 25 by mortgage of their undertaking shall not at any time exceed in the whole four thousand pounds, and no higher rate of interest than five pounds per centum per annum shall be paid by the Undertakers without the consent of the Board of Trade in respect of any moneys borrowed by the Undertakers after the passing of the Act confirming this Order. 30 12. All moneys raised under this Order shall be applied to the purposes of Application of the undertaking authorised by the Order of 1871. money. 13. All the costs, charges, and expenses of and incidental to the applying Costs of Order for, preparing, obtaining, and confirming this Order, and otherwise in relation thereto, shall be paid by the Undertakers. 35 40 DYSYNNI GAS. Order empowering the Dysynni Gas Company, Limited, to maintain and continue Gasworks and to make and supply Gas in the parish of Towyn in the county of Merioneth. 1. This Order may be cited as "The Dysynni Gas Order, 1878." Short title. of Acts. 2. The provisions of "The Lands Clauses Acts" (except with respect to Incorporation the purchase and taking of lands otherwise than by agreement, and with respect A.D. 1878. to the entry upon lands by the Promoters of the Undertaking), of "The Gasworks Clauses Act, 1847," and of "The Gasworks Clauses Act, 1871," are hereby incorporated with this Order, except where the same are expressly varied by this Order; and the said provisions of the said Gasworks Clauses Acts shall apply as well to the mains, pipes, and works of the Undertakers laid down or con- 5 structed before the passing of the Act confirming this Order, and situate within the limits of supply as defined by this Order, as to any mains, pipes, or works which may be laid down or constructed under the authority of this Order. Interpretation. Limits of 3. The several words and expressions to which by the Acts in whole or in part incorporated with this Order, and by "The Gas and Water Works 10 Facilities Act, 1870," meanings are assigned, have in this Order the same respective meanings. 4. The limits within which the provisions of this Order shall be in force and have effect (in this Order referred to as "the limits of supply") shall be the parish of Towyn, in the county of Merioneth. 15 Undertakers. The Undertakers. Capital. New shares be offered by auction or tender. 5. The Dysynni Gas Company (Limited) shall be the Undertakers for the purposes of this Order, and are in this Order referred to as the "the Undertakers." 6. The share capital of the Undertakers shall for the purposes of their gas 20 undertaking consist of the original share capital, amounting to two thousand four hundred pounds, already raised by the Undertakers, and of additional share capital to be issued subject to the provisions of this Order, not exceeding three thousand pounds, and the original and additional share capital of the Undertakers shall not for such purposes exceed five thousand four hundred 25 pounds, unless the Undertakers are authorised to raise further additional share capital by Provisional Order under "The Gas and Water Works Facilities Act, 1870," or by Act of Parliament. 7. The Undertakers shall, when any shares forming part of the additional capital authorised by this Order are to be issued, and before offering the same 30 to the holder of any other shares or stock of the Undertakers, and whether the ordinary shares or ordinary stock of the Undertakers are or is at a premium or not, offer the same for sale by public auction or by tender, in such manner, at such times, and subject to such conditions of sale as the Undertakers may from time to time by special resolution determine: Provided that at any such sale no 35 single lot shall comprise more than one hundred pounds nominal value of shares, and that the reserved price put upon such shares shall not be less than the nominal amount thereof, and notice of the amount of such reserved price shall be sent by the Undertakers in a sealed letter to the Board of Trade not less than twenty-four hours before the day of auction or the last day for the 40 reception of tenders, as the case may be, and such letter may be opened after such day of auction or last day for the reception of tenders, and not sooner, and provided that no priority of tender shall be allowed to any holder of shares or stock of the Undertakers. 5 8. It shall be one of the conditions of any sale of shares under this Order that the whole nominal amount of each share, together with any premium given by any purchaser at such sale in respect thereof, shall be paid to the Undertakers within three months after such sale. 9. The intention to sell any shares by auction or by tender under the provisions of this Order shall be communicated by the Undertakers in writing to the clerk of the local authority of the district in which the principal office of the Undertakers is situate, and to the secretary of the Committee of the London Stock Exchange, at least twenty-eight days before the day of 10 auction, or the last day for the reception of tenders, as the case may be, and notice of such intention shall be duly advertised by the Undertakers once in each of two consecutive weeks in one or more newspapers circulating within the limits of supply. Shares not sold by auction or by tender to be shareholders. 10. When any shares have been offered for sale by auction or by tender 15 under the provisions of this Order, and not sold, the same shall be offered, at the reserved price put upon the same respectively for the purpose of offered to sale by auction or tender, to the holders of the ordinary shares or ordinary stock of the Undertakers, in such manner as may be prescribed by a special resolution passed by the Undertakers: Provided always, that any shares so 20 offered, and not accepted within the time prescribed by such special resolution, shall again be offered for sale by public auction or by tender, in the manner and subject to the provisions of this Order with respect to the sale of shares forming part of the additional capital by this Order authorised. 11. Any sum of money which may arise from the issue of any shares under Application of premium 25 the provisions of this Order by way of premium, after deducting therefrom the arising on expenses of and incident to such issue, shall not be considered as profits of the shares. Undertakers, but shall be expended in extending or improving the works of the Undertakers, or in paying off money borrowed or owing on mortgage by the Undertakers, and shall not be considered as part of the capital of the Under30 takers entitled to dividend. 12. The Undertakers shall not in any year make out of their profits any larger dividend on the additional capital by this Order authorised than seven pounds in respect of every one hundred pounds actually paid up of such capital as may be issued as ordinary capital, or six pounds in every respect of every 35 one hundred pounds actually paid of such capital as may be issued as preference capital. 13. The amount of all moneys borrowed by the Undertakers and secured by mortgage of their Undertaking, shall not at any time exceed in the whole one thousand two hundred and fifty pounds, and no higher rate of interest than 40 five pounds per centum per annum shall be paid by the Undertakers without the consent of the Board of Trade in respect of any moneys borrowed by the Undertakers after the passing of the Act confirming this Order. Limits of divitional capital. dend on addi Limit of bor rowing powers. 14. In addition to the lands shown on the map deposited for the purposes of Power to this Order (in this Order referred to as "the deposited map "), and described in tional lands. purchase addi45 the schedule to this Order annexed, the Undertakers may from time to time purchase by agreement, and, subject to the provisions of section five of "The Gasworks Clauses Act, 1871," may hold, for any of the purposes of this Order A.D. 1878. such lands as they may require, provided that they shall not at any time hold for such purposes more than five acres in addition to the lands shown and described as aforesaid. Undertakers may maintain and continue gasworks on lands described in schedule, Maintenance and Continuance of Gaswork, Manufacture aud Sale of Gas, Coke, and Residual Products. 5 15. The Undertakers on the lands shown on the deposited map, and described in the schedule to this Order annexed, while they are possessed of the same, may maintain and continue, and from time to time alter and enlarge, retorts, gas-holders, receivers, purifiers, meters, apparatus, and works and may make for the manufacture and storing of gas, and of coke and other residual products 10 obtained in the manufacture of gas, and matters producible therefrom; and they may, subject to the provisions of this Order, make gas, and supply and sell the same within the limits of supply, and may manufacture coal-tar, coke, pitch, asphaltum, and ammoniacal liquor, oil, and all other residual products obtained in the manufacture of gas and matters producible therefrom, and may 15 sell and dispose of the same at the works and elsewhere. and sell gas, &c. Differences with railway and other companies. Quality of gas. Price of gas. Pressure of gas. Testing of meter. 16. If any difference arise between the Undertakers and any railway, canal, or other company whose lands or works the Undertakers have power to cross, under the authority of this Order, for the purposes of meeting the demands for gas within the limits of supply, as to the mode of laying down, repairing, 20 altering, or enlarging their pipes, or the facilities to be afforded for the same, the same shall be settled by an engineer to be appointed by the Board of Trade at the request of either party. Quality of Gas. 17. The quality of gas supplied by the Undertakers shall, with respect to its 25 illuminating power, be such as to produce a light equal in intensity to the light produced by fourteen sperm candles, and shall in all respects be in accordance with the provisions of " The Gasworks Clauses Act, 1871." Price of Gas. 18. The price to be charged by the Undertakers for gas supplied by them to 30 consumers shall not exceed eight shillings and fourpence per one thousand cubic feet, and so in proportion for any less quantity supplied; provided nevertheless, that every fraction of one hundred feet may be charged as one hundred feet. Pressure of Gas. 19. All gas supplied by the Undertakers to any consumer of gas shall be 35 supplied at such pressure as to balance from midnight to sunset a column of water not less than six tenths of an inch in height, and to balance from sunset to midnight a column of water not less than eight tenths of an inch in height, at the main, as near as may be to the junction therewith of the service pipe supplying such consumer. Testing of Gas. 40 20. The Undertakers shall, within six months after passing of the Act confirming this Order, cause to be provided at their works a testing place, with apparatus therein, according to the provisions of "The Gasworks Clauses Act, 1871;" and the burner to be used for testing the gas shall be a Sugg's London 45 |