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RAILWAY AND CANAL TRAFFIC ACT 1888 - SECT 39

Returns by canal companies.

39.(1) Every canal company shall, on or before the first day of January in
every year... send to the registrar of joint stock companies a return stating
the name of the company, a short description of their canal, the name of their
principal officer, and the place of their office, or, if they have more than
one office, of their principal office.

(2) Every canal company shall... from time to time, whenever required by the
Board of Trade, not being oftener than once in every year, forward to the
Board of Trade in such form and manner as the Board may from time to time
prescribe, such returns as the Board of Trade may require for the purpose of
showing the capacity of such canal for traffic, and the capital, revenue,
expenditure, and profits of the canal company.

(3) When the canal of a canal company, or any part thereof, is intended to be
stopped for more than two days, the company shall report to the Board of
Trade, stating the time during which such stoppage is intended to last, and
when the same is re-opened the company shall so report to the Board of Trade.

(4) A company failing to comply with this section shall be liable, on summary
conviction, to a fine not exceeding five pounds for every day during which
their default continues, and any director, manager, and officer of the company
who knowingly and wilfully authorises and permits the default shall be liable,
on summary conviction, to the like fine.


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© 1888 Crown Copyright

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