Vale of Neath Railway Act 1862
WHEREAS by "The Vale of Neath Railway Act, 1859," the Capital of the Vale of Neath Railway Company (in this Act called "the Company") was declared (Section 36) to be 865,000l., including 150,000l. which (Section 35) they were authorized to raise by Shares, to be (Section 46) ordinary or preferential Shares, and they were authorized (Section 57) to borrow on Mortgage not exceeding (inclusive of their then Debenture Debt) 288,333l., but not exceeding 238,333l., until the whole of their Capital ...