2 Edw. 7, Cap. 134.

Notice to be

of stock.

17. The intention to sell any such stock by auction or by tender shall be communicated in writing to the clerk of the London County Council and to the clerk of every metropolitan borough whose district or part of whose given as to sale district is included within the limits of the Company for the supply of gas and to the Secretary of the Committee of the London Stock Exchange at least twenty-eight days before the day of auction or the last day for the reception of tenders as the case may be and notice of such intention shall be duly advertised once in each of two consecutive weeks in one or more local newspapers circulating within the said limits.

Stock not sold

by auction or by tender to be offered to holders of capital stock.

Application of premium arising on issue of stock.

18. When any stock created under the powers of this Act has been offered for sale by auction or tender and not sold the same may be offered at the reserved price put upon the same respectively for the purpose of sale by auction or tender to the holders of capital stock of the Company in manner provided by the Companies Clauses Act 1863 as amended by section 6 of the Companies Clauses Act 1869 Provided always that any stock so offered and not accepted within the time prescribed by the said Act may again be offered for sale by public auction or by tender in the manner and subject to the provisions of this Act with respect to the sale of stock in the additional capital created under the powers of this Act and any stock not then sold may be again offered to the holders of capital stock of the Company at the reserved price put upon the same at such last-mentioned sale and so from time to time until the whole of such stock is sold.

19. Any sum of money which shall arise from the issue of any such stock by way of premium after deducting therefrom the expenses of and incident to such issue shall not be considered as profits of the Company but shall be expended in extending or improving the works of the Company or in paying off money borrowed or owing on mortgage by the Company and shall not be considered as part of the capital of the Company entitled to dividend Provided that the premium received from the sale of stock by auction or tender as hereinbefore provided shall for the purpose of determining the powers of the Company to raise money by borrowing be reckoned as part of the paid-up capital.

APPENDICES.

APPENDIX A.

Gas and Water Works Facilities Act, 1870. (33 & 34 Vict. cap. 70.)

BOARD OF TRADE

RULES

WITH RESPECT TO PROVISIONAL ORDERS AND OTHER
MATTERS UNDER THE ABOVE-MENTIONED ACT.

By the Gas and Water Works Facilities Act, 1870, it is
provided as follows.

DESCRIPTION OF CASES WITHIN THIS ACT, BY WHOM
PROVISIONAL ORDERS MAY BE OBTAINED, AND THE
NECESSARY CONSENTS THERETO.

[See ss. 3 and 4 of the Act, pp. 197, 198].

DEFINITION OF TERMS.

Section 2 of the Act provides that for the purposes of the Act— [See definitions of terms "local authority," "road," "road authority," and "district," in s. 2 of the Act, p. 196, and schedule A thereto, pp. 203, 204.] SCHEDULE A.-Definition of local authorities.

[See Schedule A to the Act, pp. 203, 204.]

BOARD OF TRADE RULES.

RULE I-Evidence of the consent required by the foregoing sec. 4 must be given by furnishing, at the time fixed for proving compliance with the Act and these Rules, a certified copy of the resolution passed at the meeting of the local or road authority, as the case may be, at which the application was approved, together with a copy of the notice convening the meeting, which notice must contain a statement that the subject of the proposed Provisional Order will be brought before the meeting.

ADVERTISEMENT AND NOTICES IN OCTOBER OR

NOVEMBER AND DECEMBER.

Evidence of consent of local and road authorities.

SECTION 5. -"The undertakers intending to make an application Advertisement for a Provisional Order in pursuance of this Act shall proceed as and notices of "follows:

[See s. 5 of the Act, sub-sections 1-4, pp. 198, 199, also Schedule B.-Part I, p. 204.]

SCHEDULE B.-(PART I)

RULE II.-On or before the 15th day of December immediately preceding the application for any Provisional Order for constructing gasworks or waterworks, or works connected therewith whereby it is proposed to lay any pipes along or across any railway, tramway, canal, or navigable river, or over any county bridge, or other

intended
application.

Notice to owners and lessees of railways, tramways, and canals.

Notice to persons within 300 yards of proposed gasworks.

Notice in case of storage of gas.

Intimation to in

wise to affect or interfere with such railway, tramway, canal, navigable river, or county bridge, notice in writing of such application shall be served upon the owner or reputed owner, and upon the lessee or reputed lessee of such railway, tramway, canal, or navigable river, and upon the county justices with respect to such bridges, and such notice shall state the place or places at which the plans of the works to be authorised by such order have been or will be deposited.

Every such notice must be accompanied by a copy of Rule XV., omitting the first paragraph, and must state where copies of the draft Provisional Order, when deposited at the Board of Trade, can be obtained.

RULE III.—When the application includes a power to construct works for the manufacture of gas the promoters must comply with the requirements of the following Standing Order of the House of Lords and of the House of Commons:

*

"On or before the 15th day of December immediately preceding the application for a Bill for constructing gasworks or works for the manufacture or conversion of the residual products, notice shall be served upon the owner, lessee, and occupier of every dwelling-house situate within 300 yards of the limits within which works may be constructed."

such

RULE IV. Similar notice to the above must be given when works are proposed to be constructed for the storage of gas.

RULE V.-The preceding advertisement and notices must state tending objectors. that every company, corporation, or person desirous of making any representation to the Board of Trade, or of bringing before them any objection respecting the application, may do so by letter addressed to the Assistant Secretary of the Railway Department of the Board of Trade, on or before the 15th of January next ensuing; that copies of their objections must at the same time be sent to the promoters, and that in forwarding to the Board of Trade such objections, the objectors or their agents should state that a copy of the same has been forwarded to the promotors or their agents.

Deposit on 30th

of the district.

DEPOSITS ON OR BEFORE 30TH NOVEMBER.
SCHEDULE B.-(PART II.)

[See Act, pp. 204, 205.]

RULE VI.—A published map of the district on a scale of not November of map less than one inch to a mile [if there is no published map then the best map obtainable], showing the boundaries of the proposed limits of supply and the situation of the proposed works, must also be deposited at the Board of Trade on or before 30th November.

Plans in certain cases to be in duplicate.

Maps and plans of gasworks.

Where the application proposes any extension of the existing limits of supply, the proposed extension should be distinguished from the existing area of supply.

RULE VII.-The plans to be deposited with the clerk of the peace or sheriff clerk (as the case may be) must be in duplicate. See Standing Order of the House of Lords and of the House of Commons.

RULE VIII-The map to be deposited under Part II. of Schedule B. with respect to gasworks must be on a scale of not less than one inch to a mile, and the plan of the proposed works shall be on a scale of not less than one inch to the 100 feet, and prepared as far as may be in accordance with the model plan appended to these Rules. In cases where any of the works shall be situate on tidal lands within the ordinary spring tides, all tidal waters must be coloured blue on the map and plan.