South Devon Railway Act 1851. An Act for facilitating the Conversion by the South Devon Railway Company of Loan into Capital, and for enabling the same Company to effect Arrangements between different Classes of Shareholders for the Creation of New Shares; and for other Purposes.
WHEREAS by "The South Devon Railway Act, 1844," the South Devon Railway Company thereby incorporated were authorized to raise a Capital of One million and one hundred thousand Pounds, and to borrow on Mortgage or Bond a Sum not exceeding Three hundred and sixty-six thousand five hundred Pounds: And whereas by "The South Devon Railway Act (Amendment and Branches), 1846," the Company were authorized to raise a further Capital of Five hundred thousand Pounds, and to borrow on Mortgage or Bond a ...