Union Bank of Australia Act 1850 (SA)

No. 11.

rivate Act.

payment of moneys that may beconlc due to thein from time to

time, m d to prosecute persoils for ofknces against the said C"om-

pnny, or their property, ancl also fbr providing a nrore easy relnedv

against the snid ~ o i ~ < p n u ~, and the several proprietors of share;

therein, in the c,ascs liereinafter meiitioizcd, it is expcciicnt that the

said Company should be able to sue by ancl be lial~le to be sued in

the mine of a public officer of the snid Compnnv, in place and stead

of the whole, mid to use the nmle of such P ~ ~ b l i ~ ufBcer as herein-

after inentionccl:

C ~ J I W ~ ~ Y to sue and

be sued 111 the lisrrle Re it therefore Eimcted, by the Governor of' South ~I~ls t~ ' r? l i :~,

rile J,o,-~I nransb,, with the advice and consent hf' the Legislative Coullcil tlieseoE--

Or uuc of ln)cal

Bircct urs.	Tlmt all actions or suits ngnilmt any person or persous iudebted io
the said Joiut Stock Company, called the I~iiioil 13x11: of A~~stml i ;~,
and ill1 other l~rocccdiuqs a t 'lam or in equity, and in ni l r Courts of'
Admiralty or ITice Adm~ralt v, m d ill any Courts having jmisdictim
in matters of Bankruptcy & Tnsolve~icv, niid ill a11 Cou~ts of in-
ferior jurisdiction, to be instituted or i~rosccntetl b y or ou 1wlia11'
of the snid Joilrt Stock Con~pmy, or n licrciu tllc &cl Conlpalry
is or shall he in nnv way cn~lcn~ic.(l :~geiust ;WJ person or pcraonr,
Lody or bodies or corporate, 1my he ln~~-fidly i t is t i t~ic~l ilud
~rosecuted in the 1r:uuc of the himager, for t l ~ e tilnc hcifig, of' the
said branch or bmuelws of the said Couqlmly, aijd ill ihc ercnt of
llis death or absence fioiu the said Coloily, iir the nnmc u r nmncs of
any of tlie Ewrd uf Directors (if any) at Adclaid(., or c~lscn-Lcre ill the said Colony, at the tiiw such action, suit, or ot!ie~ procrcdilig
shall bc instituted, as tlic nonha1 plniiitift', ccoqhi~r:lnt, or pe- titioner for and on belralf'of'tl~e snid ~'olllq~my, and that nll :lctions, snits, or otlrer proceedi~lgs a t l:l\-i, or in ctluitv, Acl~nimlt\-, Ticc
Admiralty, a i d in all Clonrts of' i f j i d , to r ~ m -
manced, hstitutetl, and prorcrnted be iilstitutecl ancl prosecuted against the snkl Slnnnger, or (if' a i d ngnimt t l x s a d Coulp;~ily, nra! when appointed) one of tlie said Ilirectors, in tlic event of tlic tlrntlr
or absence from tllc (l'olonv of tlie said hlniiagcr, as the 1lonliu:d defendant for and on bellaij' of thc said Coil,l,:ln~-, or agnillst the snid Banking Con~pany, accordii~g to the ordiimy cmrsc OS law, :M the person hy wlionl such proceediilgs may hc connneiicc.d r l l: l l l
think fit, and that all indicttl~ents, i i~fo~i l r :~ t io i~, a d l ~ r o ~ e c u t i o i ~ ~ to
he llad, preferred, instituted, or ca r r id on, by, 01. on 11ch;ilf of tllc said C o ~ l l l ~ i ~ l ~. , for fraud upon or against tllc said Compoy, or. for enibezzlcoient, forgery, robbery, or stealing, or otlrer offence com- mitted against the said CollrpiulY, or tllc p r u p e r t ~ tlwreof, or any felony or ~nirdcmeanor, in which the said ~ u r n ~ a n ~ shall bc col;- cerned, it shall be lawful to state the property of' tlre said Colupany
to be the property of such Managcr, or (if, and when appointed) 1)i-

rector

vector, for the time hcilig, of' such Board of Directors; and any of- fiince coniinittcd, with intent to iiijure or dclrnud the snid Company, shall arid lawfully may, in such inclictnients, informations, p~osc -

cutions, or procc&~ga, be stated, or laid to have been coininitted

with iiiteirt to injure or defraud such h lm:~gcr or IJirector, for the time being, of such branch or bmuclies of the s&tl Colupmy, aud ally+ off'cnder or offenders mnv. tllereforc, be lnrvfidly colivicted of' my such oEence; and, gelmr;;llv, that in all cnscs nlmein i t would otherwise have becl1 necessary to mej~tior~ t h mirlcs of the Inem-

lxrs coinposiilp the mid Company, it slrall bc sufiicicnt to n5e tlre

nan1e of such lI:iil:xger or (it: mill wl~cil nl~lminted) Uirector, ill the event aforesaid, tor tllc time Lciug, of such bnnrch or braiiclm

of' the said Coiqx.~ur. as afot'e~r~id.

may from tinic to time be acquired by or belong to the said Com- pany ill the course of the i r~ann~enknt of the a f a h of the snid Company, at m y sucli braiicli or luranclres thereof ?S aforesaid; and the record of such ~uelnorial of the nanle of the Jl'aaxger for

the film being of the said branch or braiiches sllnll be p~i.ir2a J w i e

evidence that snch lands, teacmcnts, here~lit~amcn ts, pmperty, and preinises aforesaid arc so as aioresaid vested in such AIanaper: Provided always, that CIurinq any interval which shall or imy I K L ~ ~ C I I I

between the death, resiPin&on, or removal of any sucl, Jlnmgcl; ?

aid the appointment of his successor i11 office, all such lands, tcne-

merits, hereditaments, and property, slial1 ~ e s t	in the Trnstccs f h ~
the time being of the said Coitnpny.

Right and liability of

the ruernbers of thc 111. And be it E~lactcrl, That it shall atid may be lawful for tlle

sdd C~mpimy to commence and prosccotc by nml in thc ilariic of

cornpanr to me

suedby Corn- s l d l AImag~r or Diwctor as afbrcaaid, any action, suit, or otllcr

pnny,

proceedin6 at law or i11 rquity, or i i r niiy Court of Adlnii:lltv, or

Vicc- Achirnltv or in any h u r t having: jurisdiction in i i ~ n ttws at'

-'. '

bantnl~mptcy uv iusolrcncy, and in all ~ o ~ u k s of illferior jwidictiol~,

against any person their bciug or having becir, or who t1wrcnftc.r

may be, or h a w been a nlcmloer of the haid ('olnpa.ny, either alone or jointly, ~ i L 1 1 :my ot l~er lmson against whom t l ~ h said ('oillpaily

has or luny llnvc my cle~rmn(l vLiltsocrcr, and that any pcraoli ~ l i &

being, or h i ~ ~ i l l g I ~ c c I ~, OP 13-110 illay thercaf'icr be, or Ilavc 1 ~ ~ 1 1 2

r n m ~ h w of tlrc s: d Company, nwy, in r e s ~ e c t of an? clcmand wllicl~

such persoil limy ll:~ve, d l w solely or jointly wit11 :my o i lm lrraoll,

as the case illay require, conlnrcncc iilid ~rr.oimute ally :~cti(it~, suit,

or otllcr pwccediirg in m y Court of law or ~yuity, A c ~ I ~ I ~ E ~ ~ v,

Vice-Admir:~ltv < ) bankr~qhcy, i~isolrcncy, anll i lr all C o u ~ i s of i;l-

ferior jurisdiebon, against the axid ('on~pally in t llc 1l:ilrrc of' suclr

I\hr;igcr or Director (in the event :rfbresaid); a id tlmt every lrrrL-oil

tlml or tl~ercafter being or l ln~ing been n mcu~l;cr of tile &id Com-

p a y, slmll, either solely or joiiltly wit11 soy otllar pcrsoi~, as t l ~ c

care inay rccluire, hc mpable oi' proceechg against tlrc said ("'o~l~pnuy

in t l ~ e U ~ I ~ X C of sucL hla1mgc.r or Ilirector (111 the creiit afiircsnicl,,

and be linhlc to be lwoceeded against by tlrc snid Coiilpm\ Ily a i d

in tllc ilnnle of h u r l l 3lmager or Director, by sncli procc~edillgs, m d

with the same lcgal consrqucnccs, as if sucl; prrson lind )lot b c m s

rncnlbcr of' tllc said CIo111pm-y; slid tlmt 1 1 0 ;~etiou, or suit, or othw

proccrrlin~ s l d be in anywise nffcctcd or defi-atrxl by rcnson of

the plnintifK's or clefcndnnt's, or any of t l m ~ r c s p c c t i ~ l ~, or any

other pcrsorl in rvlloni m y intercst may be arclretl, or wl!h illay be

in nnpwiso in~~i.cbted or coi~cerned ill ally suclr :tction, or suit,, or

otlrer proceeding, lrcit~g or having becl1 a meulbrn of' dlc said C'olrl-

peny; and that all s ~ ~ c h

actioun, suits, aird othcr procecdil~gs slr:d1

bc

he concluctccl and llnve the same effect as if the s a m had been

betweell stmngers.

sucll act of ste:&ig and embezzlement, and for evei-y sucll fraud, crime, or ofencc, and inay thereupon he lawfnlly con~icted as if sncll person or persons bar1 not bccn, or was, or were not tl, n~cinhrr

or ~ucmbers of tlie said Compnny, h p lam, cn~t~oiu, or usage to the

contrnry 11ot11-itlistnndii~g.

bfcmorial of the name	V111 h d	be it I':1mctd TLat n ~rlemori;~l	of	the nmnr of t h l ~
of the Local Rlanaqrr

t o be reriiicd and re- Manager of the said bimch or h11cllc.i of tlrc s;ud Colil]~n!l\-, i l l

corded, m 1 no le@ the fonu, or to tlnc c f l c c ~ of' the fonu set f i w t l l i l l tllc Sciiccl~rle A

yroceediags to be

t&,l, tl,, ,,,,. to tlris Ordiunnce nimcse?, s i p d iry the mitt Alaxigo1; -1i;iIl 1)c

~ l d n a n t ~ t i l t l l ~ t h ~ ~ verified by a clec1:trittion i i i the f ' o~n l, tna to t l ~ c ef5.x~ of" t!ic f i f r l~~

been done.

set forth in the snid Schccl~de, to bc talim: ~ n d aulisnilml b r such

Memorial of the

names of thc Locnl IX. And be it further Enacted, l'hat if, at m\- time or tini~::

I)irrcturstubeverifityl 1~reafter, any Local Director or I)irectors, or a ~OYa1.d or EO(?~.~IS of

Local Directors, shall be nppointed to nlanage ttlic affairs of tdle nll"c~~rdccll k g n l pruc~edings and no to

said I h l r in this I'rorince, tIrtm, tluring tlic continnni~ct of sncll i re ta~rcrl t l ~ the corn-

IAocal 1)imctor 01. I)ircctwx, or Ihnrd or I:onrds of 1,ocnl Ilircators, / ~ ~ ~, ~ ~ ~ ~ ~ ~ t i l t l ' a t " a '

a ~lleniorial of t l ~ c n n ~ n c cr iiniries of the Directors, for tlie time

tv&cdiiiSj to 110 J.)ro:i:Ilt l;Y or i i l the Ilmiile oi' a t r i I ! I: I ~ ~ ~; or ~ ~ ' ~, ~, ~ ~ ~ ( ~ f f ~ ~ o ' ' ~ ~ ~

ilir~(ater SOY tile filne bcirl? of th:: said branch or lt~auclres of' tllc ~l~orinl

to extend

to all Suturo propric-	XVII. And be it Enacted, That t l~is Ordinance and the power" and urovisions herein contained, shall at all times extend to tlw said ~ m; ~ a n ~, and every person who shall be a n le i~J~er for the time
tors.
being, at whatever time lw inay hn.vc become a ~imnher of the said
Company, and whether originally a member thereof or not.

On rr vacrmcy of &fas4 SVIIT. And be it Eiiacted, That on the death, resiqn t' a 1011, or re-

nnger, C O I I I P ~ Y to

re-elect within tllret:	moval of ally &fanager, or on ally act or occun cnce causmg a vacancy
nionths.	in the office of any such Manager aforesaid, the said Company shall fbrthwitll, and within t h e e mouths from aud after the day of such vacancy arising, elect in his place a new Maoaqcr, and sliall t lwe- after cause a meinorial of his name to be recorded in the Supreiua Court, within such time and in such n ~ i ~ n t ~ e r farin as lweiube- fore is directed, and if' the said Company shall fail so to elect t2 rlcw
Manager, or duly to record a memorial of the nnrnc of m y new
l\lanager, elected in pursuance of this Ordinance, within such times
as are respectively bcfire mentioned., sndl Company s l d l mllully
fbrfeit a11 benefit and advsntagc mlder or hy virtue of this Or- dinance, and no new Manapx, electcd, or rcgistercd after the ea- piratiou of such respective times aforesaid, sl1:111 be capable of sniug in any action, suit, or other proceeding on bcllalf of the ,said Corn- pany, under thr nut!lority of this Orclimilce.

mcnlaer be XIX. And be it further Enacted, That m r t l l i ~ ~ y in tllis Or-

med.

dioance notwithstnndinqr, it shall be l a w f ~ ~ l foru any person having

m y cause of sctiou against the said Company to sue any ~ F I. S O I I OT

persons, being a mcmbcr or members of the sail1 ~ o ~ u p n l l ~ at the time of the cause of action or being named on the list last recorded on oath in the Snprerne Court? under the provisions of this Or- dinance, before the raising of suclr action, aud such a d the like pro-

ceediugs and eonsequeilcei shall and may ellsue tl~ertw!)on as ill the

case of an action brought agstimt a Manager uncier this Orclinaiiee.

NO pleaof abnt,orneut. XX. Aud be it Enacted, That in any action brought agaiiist

any one or more ii~enibers of the said Company, no plea in :rbntc-

mcnt shall be cuuipetent or d o w e d by the Court on account of the

nun-joinder of other iuembers thereof.

Reinibursemcnt of XXI. Provided always, that every suc l~ ilicirlbcr against wbonl

members sued.

any action, suit, or other proccediug shall be brought, instilutcd,

or prosecuted, or against whom execution shall bc issued, shall

always he reimbursed out of the funds of the said Con~paily all s ~ c h

loss, damages, expenses, costs, and charges, as by the cveut of s n ~ ~

such proceedings he may sustain or be put to, nld that as between

the several members of the said Compnmy for the time being: suclr

contrl bution

coutribotion shall he had in respect of any such loss, d;trnsges, cx-

yenses, costs, arid charges, RS l n n Y ordinarily br had between several joint coutractors for money paidwby ono or more of h e m on the

joint account.

X X I. 911d be it Eimcted, That from and after tlic first day of statement. of ncckir average liabilities t l r d

January next, the Manager of tlic said Company for the tiiuc beiiig a,,,tr	br. kept.
shdl, at the close of business on Alonday of' every week, prepal-e

: t id ~11itke up a full ant1 correct accoullt ant3 st:ttelncnt, iil wri t i~g,

csllibit,ii:g the assets, property, crcdits. a i d securities, resl)uctivcly, belongi~lg to tlre said C'olopaiiy; and dlso the respective dcl~ts, cn- gagonmlts, m u liahilitics of thc same, ill the irlnimer m d form, md. u~ider the several heads 1-rarticlrl:u.ly set forth in the Sclicdule to

this Orcliimlcc aimesccl, m1-~rIcecl 11,

XSIV. And he it Enactcd, Tlmt if the snid Company filial1 pellsltr ful .~(~glcrt i lu to kwp or r t ~ ~ k c SIT( I t

i ~cdec t to keep sucli wtlekly accounts, or to in:~kc oat, or to return, ,,,,,,,

or dvlivcr such quarterly nl~str;icts to tlie C:oloninl Secretary as

uf'orcenicl. 01. if the Xhnaging 1)irect or, blanaeer, Chief Cashier, or

Clerk, verifying ally such abstract, s l d deliver or retrlru to the hikid ~ u l o n i d Secretary, any klse ncconrrt or nbetract of such

averages,

averages, the said Conlpany so neglecting, or mal~ing such false

account or abstract, shall f rfeit for every such ottence the sum of &:ice Il.und,v?d Pounds, and t h Managing Director, Mauager, Chief Cashier, or Clerk so offending slrnll also forfeit for erery such offencc the sum of h e f f i ~ n c l r ~ d I'aztntx's, such pennlties t'o be recovered respectively by :~ctioti of debt in the Supreme Court, or

any other Court of conlietent J~~risdictiou in tile said Province.

~r~innncenottonffect XXV. Provided always and be it Enacted, Tbnt notl~ilrg in this

rigtit of Her Majesty. Ordinance shall be d c c ~ ~ c ( 1 to affect or apply to ally right title, ur

interest of Her Majesty, lux heirs a' swecssors, or of' any body or

bodies politic or corporate, or of' any pclZson or ~ C ~ ~ U I I S,

such as m e mfntioncct tlicrcin, or of those clniniii~g by, S ~ u l n, or.

uuder him, her, or tlrenl.

cvidcncc in any C&t

of Law or Equity.

SSVIII. And be it Enncteil, Tlint, this Oldinancc ~11311 !K print( il

by tlre Govenment Printer in this (lolony, : ~ i i d a C O I ) ~ t l ~ ~ w f h o

printed shall he admitted as evidcrm tllercoi' 1 y all Judge.;,

Justices, a i d others, without any fi~rtller proof thereof.

Ordinance to be	XXIX. And be it Enacted, That this 01-clir~nncc	sllnll I)e tftwnccl
deemed a public

Ordinsncc. and taken to be a yuWic Ordinance, and shall bc judieinllv takm

uuticc:

~iot icc of as s~irli by the Jutlges of the S I ~ W C ~ I C: Cowt of Soutll

A u s t d i n, and 13): all o t l i e ~ J u t l ~ e s, Jurticcs, :lnd otl1cr.s wiihir I the

Mernorial of the mint: 01' l l ~ c Jl:~nagc~r of' the 1:r:~ncll ()L' tilt: iiion Ttnul, c~i

Australia, e3tablisl1ed xt to be recorrletl ill the Suprcnrc C'oiu 1 or' Sout 1 1

Ai~strnli:~, pl~rsnant to an O~vlinancc- of' tht. Go \ rwmr :lnd Iionnc.il, No. l l, ~l

1830, iiilituled " An Ortlina~lce for fiu5lit:~tirig :urtl \iruplifg ing Froccedings by an11

against a ccrtnin Joint Stock Coinpnny, called the Uuion G:dr 01' Au-tralia,; ~ ~ i t l

for. crtl~rr. y u q ) w e s thewin n~c~ntio~rt:tl."

A.E., J l an :~ge r~

1, 2 of , i n truly clc~cl:~rc t l ~ a t t l ~ r fui c -

going XIenlorial is signed by the above-aamed Directol.>, \\ h e ilaul:hb :il)ljear t i ~ ( w c, .

1, of , i n

hlanngcr h r onc of rhr Ronrd of Djrrcfnr.~) of the I3r;lncll of tllc l 'nion l!atll\

of Australia, established at do hereby declare t h t t l i ~ fiwi~going

[ o r subscrihcd or anncaed, us the case may b p ] List of Nnnm is, to the best of my kiiowledge and belief, a true list of all the liow existing Member3 of'tl~e .aid Company

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ADELAIDE: Prinled by authmity by l\.. C. Cos, at tile (; ~ l c s n i n c ~ ~ r

Printing OfEce, Victvria - s q ~ ~ n w.