New South Wales: Hunter's River Steam Navigation Company Act 1841 5 Vic (NSW)

Summary not found.

New South Wales: Hunter's River Steam Navigation Company Act 1841 5 Vic (NSW) Image
Hunce:'s River Sream NavicaTion Company. Tizamble, Actions at law &c. to be in the name of the Seerctary. 5° VIC. 1841. Hunter's River Steam Navigation Company. ANNO QUINTO VICTORIA REGIN A. An Act for facilitating Proccedings by and against " The Hunter's River Steam Navigation Com- pany" and for other purposes therein men- tioned. [1st September, 1341.] IIEREAS several persons have formed themselves into a joint stock company or society established at, Sydney in the Colony of New South Wales under the name style or firm of "The Hunter's River Steam Navigation Company" for the purpose of trading with steam vessels between Sydneyand Hunter's River and the rivers adjacent thereto{in the said Colony and whereas for such purposes the said company have subscribed amongst themselves by way of capital or joint stock the sum of forty thousand pounds in four thousand shares of ten pounds each the whole of which capital stock or sum of forty thousand pounds has been paid up and whercas difficulties may arise in recovering debts due to the said company and in maintaining actions or proceedings for damages donc to their property and also in prosecuting persons who may steal or embezzle the bills notes bonds moneys goods chattels or effects of the said company and whereas it would be convenient and just that persons having demands against the said company should be entitled to sue some member thereof in place and stead of the whole but as these purposes cannot be effected without the authority of the Legislature Be it therefore enacted by His Excellency the Governor of New South Wales with the advice of the Legislative Council thereof That from and after the passing of this Act all actions and suits and all proceedings at law or in equity to be commenced instituted prosecuted or carried on by or on behalf of the said company or wherein the said company is or shall be in any way concerned against any body or bodies politic or corporate or against any person or persons whether a member or members of the said com- pany or otherwise shall and may be lawfully commenccd instituted and prosecuted or carried on in the name of the person who shall be the Seerctary of the said company at the time any such action suit or procceding shall be commenced or instituted as the nominal plaintiff complainant or petitioner for or on behalf of the said company and that all actions suits or proceedings as aforesaid to be commenced instituted or prosecuted against the said company shall be commenced instituted and prosecuted against the Secretary for the time being of the said company as the nominal defendant for and on behalf of the said company and that in all criminal prosecutions to be instituted or carried on by or on behalf of the said company for fraud upon or against the said company or for embezzlement robbery or stealing the bills notes bonds moneys goods chattels effects or any other property of the said company or for any felony misdemeanor or other offence in which the 1841. 5° VIC. '101 Hunter's River Steam Navigation Company. the said company shall sustain any loss or damage it shall be lawful to state such bills notes bonds moneys goods chattels effects or any othor property of the said company to be the property of such Scerctary for the time being of the said company notwithstanding it shall be proved at the trial that the same belongs to the said company and any offence committed with the intent to injure or defraud the said com- pany shall and lawfully may in any prosecution for the same be stated or laid to have been committed with intent to injure or defraud such Scerctary for the time being of the said company and any offender or offenders may thereupon. be lawfully convicted of any such offence and the death resignation or removal or other act of such Secretary shall Proceedings not to not abate any such action suit or prosecution but 'the same may be fey on account ot continucd where it left off and be prosecuted and carried on in the secretary. name of or against any person who may be or become the Secretary of the said company for the time being and that where it shall be necessary for any person to scrve any summons notice writ or other proceeding at law or in equity upon the said company service thereof respectively shall be made upon such Secretary for the time being or at his usual place of abode. 2. Provided always and be it enacted That the said company Funds of the com- shall not cither by the directors or by any member or members thercof or yey opedl fa lis by their agent or by any other person on their behalf employ any funds counting. whatever of the said company in discounting bills of exchange or promissory notes payable in the Colony under penalty or forfeiture of Under penalty of treble the sum or sums so discounted lent or advanced by or on behalf of [phe fle sum so the said company to be recovered in the Supreme Court or any Circuit counted &e. Court of the said Colony by action of debt bill plaint or information and one moiety or half of'such penalty or forfeiture when recovered shall after deducting the charges of prosecution be paid to the Colonial . Treasurer of the said Colony for the use of Ter Majesty Her Heirs and Successors for the public uses of the said Colony and in support. of the government thereof and the other moicty shall be paid to the informer suing for the said penalty. 3. And be it enacted That a memorial of the name of the Memorial of the Scerctary of the said company in the form or to the effect for that pamec!theSceretary purpose set forth in the Schedule to this Act annexed signed by the Snpreme Court of said Seerctary and by a majority of the directors of the said company New South Wales shall be recorded upon the oath of the Secretary of the said company any new Secretary for the time being in the Supreme Court of New South Wales within S! ' elected. thirty days from and after the passing of this Act and when and as often as any person shall be duly elected Sceretary of the said company a memorial of the name of such newly elected Secretary in the same form or to the same effect as the hereinbefore mentioned memorial signed by such newly elected Secretary and by a majority of the several persons who shall be directors of the said company at the time of the clection of such newly elected Secretary shall in like manner be recorded upon the oath of the Secretary of the said company for the time being in the said Supreme Court within thirty days next after such Scerctary shall be elected. . 4, Provided always and be it enacted That until such memorial No action to be of the name of the Seerctary for the time being of the said company Porshe until memo- be recorded in manner hereinbefore directed no action suit or other procceding shall be brought or continued by or on behalf of the said company under the authority of this Act. 5. And be it enacted That in all actions suits petitions or Scorctary and other other proceedings at law or in equity in which the said Scerctary for Iristors of the com: the time being shall be on behalf of the said company and under and pany competent by virtue of this Act plaintiff complainant petitioner or defendant it """** shall and may be lawful for the said Scerctary for the time being or for 102 5° VIC. 1841. Hunter's River Steam Navigation Company. for a director auditor treasurer clerk or any other officer engaged in the executive duties of the said company or for any proprietor of the said company to give evidence in such action suit petition or other proceeding notwithstanding the name of such Secretary for the time being shall be used as plaintiff complainant petitioncr or defendant and notwithstanding that such person giving evidence as aforesaid shall or may be interested in the result of such action as a member of the said company. Execution upon any 6. And be it; enacted That execution upon any decree order judgment may be . : : * sy: . . issued against any Or judgment in any such action suit petition or other proceeding member of the com- obtained against the Secretary for the time being of the said company pany who shall have . ue : : . his remedy against whether he be plaintiff or defendant therein may be issued against and the other members levied upon the goods and chattels lands and tenements of any member or members whomsoever of the said company for the time being in like manner and not otherwise than as if such decree or judgment had been. obtained against such member or members personally Provided always that the body or goods lands or tenements of such Secretary shall not by reason of his being defendant in any such action suit or proceeding be liable to be arrested seized or taken in execution And provided further that every such Secretary in whose name any such action suit petition or other procecding shall be commenced prosecuted carricd on or defended and every such member or members against whose goods chattels lands or tenements execution upon any judgment or decree shall be issued or levied as aforesaid shall always be reimbursed and paid out of the funds of the said company all such damages dues expenses costs and charges as hy the event of any such proceedings such Secretary or member or members shall or may be put unto or become chargeable with and all such remedies shall be allowed as between the several members of the said company for the time being as if this Act had not been passed. Names of the then 7. And be it enacted That the Secretary or other principal brainy Sonne officer for the time being of the said company shall within thirty days their places of abode from the passing of this Act and thereafter in the month of Januar to be reoorded-on in each and every year cause a true list of the names of all the then the Registrar of the existing members of such company with their respective places of Sint tnty days bode and designation to be recorded upon oath in the office of the from the passing of Registrar of the Supreme Court and that the same shall be open for January inevery inspection at all reasonable times by any person requiring the same on TENE to be open for Payment of a fee of one shilling and if any such Secrctary or principal inspection at reason- Officer of the said company shall fail to cause such list to be recorded in able times. manner aforesaid he shall be liable to a penalty of onc hundred pounds to be recovered by action of debt in the said Supreme Court by any person or persons suing for the same Provided always that nothing herein contained shall make liable such Scerctary or other principal officer to the payment of such penalty for any omission on account of any member changing his name or place of abode or any female member marrying or any member becoming bankrupt or insolvent or departing this life if such Secretary or principal officer shall not have "yeceived notice of the same respectively. Persons whose names 8. And be it enacted That every person whose name shall be are s0 recorded to be sq recorded shall be considered a member of the said company and be considered members ~, . . qi , of the Company until Liable to be sued as such until a new list of the members' names shall nT oatvae tte be recorded as aforesaid or until he or she shall have given notice in Government Gazette. the New South Wales Government Gazette of his or her retirement from the said Company. 'Act to be at all times 9. And be it enacted That the provisions in this Act contained valid notwithstand- shall extend and be construed deemed and taken to extend to the said ing change of . . ° members of the | Company at all times during the continuance of the same whether the company. said company be now or hereafter composed of some or all or any of the 1841. 5° VIC. 108 Hunter's River Steam Navigation Company. the persons who were the original or are the present members thereof or of all or some of those persons together with some other person or persons or shall be composed altogether of persons who were not original nor are now members of the same. 10. Provided always and be it enacted That nothing herein Company not incor- contained shall extend or be dcemed taken or construed to incorporate Pete! by this Act. the members or proprietors of the said company or to relieve or discharge them or any of them from any responsibility duties contracts or obligations whatsoever which by law they now are or at any time hereafter shall be subject or liable to either between the said company and others or between the individual members of the said company or any of them and others or among themselves or in any other manner whatsoever except so far as the same is affected by the provisions of this Act and the true intent and meaning of the same. 11. And be it enacted That all bonds covenants warrants of Bonds and other attorney and other sccuritics not being assignable in law which have te, be been or which shall or may at any time hereafter be taken in the the nane of the name of any person as Scerctary or in the name of any director or Se ee eanh directors of the said company for or on account of the said company 2°t named in such shall and may be put in suit and be held sucd or prosceuted upon at" law or in equity in the name of the Secretary for the time being of the said company notwithstanding the name of any such Scerctary be not inserted in such bond covenant warrant of attorney or other sccurity as an obligee covenantee mortgagee assignee or payee of the sum or sums of moncy therein respectively secured and the death resignation removal or other act of any such Secretary of the said company for the time being shall not abate any action suit or other procecding but the same may be continued where it left off and be prosecuted and carried on in the name of any person who may succeed to that office or be or become the Secretary of the said company and all legal rights and capacitics in respect of the said company shall become vested in such new Scerctary as aforesaid to all intents and purposes immediately upon the recording of the memorial of the name of the new Sceretary in the said Supreme Court. and so on fofies quoties whenever any new appointment or election of a Seeretary for the time being of the said Company shall take place and such new memorial thereof shall be recorded as aforesaid. 12. And be it enacted "hat in any action to be brought by any Plaintiff not to be Secretary of the said company by virtue of this Act the plaintiff woot of the memo. therein shall not be nonsuit nor shall a verdict be given against. the *@l- plaintiff for want of proof of the record of such memorial or memo- rials as hereinbefore mentioned but in case the defendant in any such action shall make it appear on such trial that no such memorial or memorials has or have been recorded then a nonsuit shall be entered in such action. : 13. Provided always and be it enacted That if any part of the [fay part ofeapita! capital stock of the said company be withdrawn or any of the said shares cancelled or shares in that capital be cancelled or if any further number of' shares oral orieiteaes be created after the passing of this Act then and in such case all the and advantages rights privileges and advantages conferred by this Act on the said thereby conferred to company shall cease and determine Provided nevertheless that sub- ject to the several restrictions hereinbefore contained it shall be lawful for the said company at any time to increase their joint stock or capital to any sum not exceeding sixty thousand pounds by an addi- tion to each of the said existing shares of any sum or sums not exceeding five pounds payable in one or more instalments. 14. Provided always and be it enacted That nothing in this Rights of the Crown Act contained shall be deemed to affect or apply to any right title or "°°" interest of Her Majesty Her ILeirs or Successors or of any body or bodies This Act not to take effect till the same shall have received the Royal assent. This Act to be deemed a public Act. 5° VIC. 1841. Mutual Fire Insurance. bodies politic or corporate or of any person or persons except such as are mentioned herein or of those claiming by or under him her or them. 15. And be it enacted That this Act shall not commence or take effect until the same shall have received the Royal approbation and the notification of such approbation shall have been made in the New South Wales Government Gazette by order of His Excellency the Governor for the time being of the said Colony. 16. And be it enacted That this Act shall be deemed and taken to be a public Act and shall be judicially taken notice of as such by the Judges of the Supreme Court of New South Wales and by all other Judges Justices and others within the Colony of New South Wales and its dependencies without being specially pleaded. SCHEDULE REFERRED TO. MemortAL of the name of the Secretary of "The Hunter's River Steam Navigation Company " to be recorded in the Supreme Court of New South Wales pursuant to an Act of the Governor of New South Wales with the advice of the Legislative Council thereof passed in the fifth year of the reign of Her Majesty Queen Victoria intituled "An Act for " facilitating Proceedings by and against ' The Hunter's River Steam Navigation Company' "and for other purposes therein mentioned." A. B. Secretary. Cc. D. J. K. E. F. Directors. L. M. G. H.J N. 0. P.Q. of Sydney gentleman of the above-named company maketh oath and saith that he was present and did see the foregoing memorial signed by the above-named Secretary and Directors respectively whose names appear thereto. Sworn this day of 184.