Perth Gas Company's Act 1886 Further Amendment Act 1897 (WA)

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ANNO SEXAGESIMO PRIMO

VICTORIA, BEGINS

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PRIVATE ACT.

AN ACT to further amend the Perth Gas Company's Act, 1886, and for other pur- poses.

[Assented to, gth November, ig97 .]

TAT HEREAS by the Perth Gas Company's Act 1886 Preamble.

(hereinafter called the Principal Act) the Company is empowered from time to time to increase its capital so nevertheless that the whole capital of the Company shall not exceed £60,000:

AND WHEREAS the Company desires power to increase its capital

to £300,000:

AND WHEREAS the Company is also desirous of obtaining statutory authority to sell its undertaking and all other its property and assets and also desires that the purchasers or purchaser of its

61° VICTOR -LIE, PRIVATE ACT.

Perth Gas Company's Act—Further Amendment.

undertaking shall have and take all the rights privileges advantages and endowments conferred upon the Company by the Principal Act and the Perth Gas Company's Act 1886 Amendment Act 1892 with full power for the purchasers or purchaser from time to time to change their his or its name without forfeiting any of such rights privileges advantages or endowments: Be it enacted by the Queen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and Legislative Assembly of Western Australia in this present Parliament assembled and by the authority of the same as follows :--

1. THIS Act and the Principal Act and the Perth Gas Corn-

mis and previous

Acts to be road PanY's Act 1886 Amendment Act 1892 shall all be read together

together. as one Act.

Power to increase2. THE eleventh Section of the Principal Act shall be and is capita to -£300,000. hereby amended by repealing the last three words of the said

Section and by substituting and inserting the words " Three hundred thousand pounds " in lieu of the words so repealed.

THE expression " The Company " in the Principal Act and the Perth Gas Company's Act 1886 Amendment Act 1892 is hereby extended to mean and include The Perth Gas Company Limited and its assigns and any Company (whether duly incorporated or not) or person in whom the undertaking or the estate or interest of the Perth Gas Company Limited therein shall for the time being be vested.

3.

Moaning of " Com- u

pang" extended,

4.      THE Perth Gas Company Limited may from time to time

Perth Gm Company

Inv sell and assign) special resolution passed at a general meeting of the said Com- a

the undertaking, sic, pany by the majority and in the manner prescribed by the Com-

panies Act 1893 authorise the sale of the undertaking and all other its property and assets or any part or parts thereof respectively on the terms and conditions specified in such Resolution AND also may assign the undertaking and all other its property and assets or any part or parts thereof respectively to the purchaser and do all other acts and things for vesting the undertaking and the said pro- perty and assets in the purchaser thereof

5.     THE Company or persons Or person in whom the under-

Purchasers	to	bare
h

au powers, to be sub- taking shall for the time being be vested (by whatever name it they

ject to all liabilities or he shall be known or carry on business) shall have enjoy and of Gas Company.

hold all the rights powers privileges advantages and endowments conferred upon held or enjoyed by the said Perth Gas Company Limited and shall be subject to all the obligations duties and liabilities imposed upon the said Company under or by virtue of the

61° VICTORIA], PRIVATE ACT.

Perth Gas Compaiw's Act—Further Amendment.

Principal Act the Perth Gas Company's Act 1886 Amendment

Act 1892 and this Act.

6. THIS Act may be cited as the Perth Gas Company's Act

1886 Further Amendment Act 1897.

In the name and on behalf of the Queen I hereby assent

to this Act.

GERARD SMITH, Governor.

By Authority: it 1) PETIT Government Printer, Perth