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RAILWAY COMPANIES ACT 1867 - SECT 24

Power to issue debenture stock, subject to Part III of 1863 c.118.

24. Any company may create and issue debenture stock, subject to the
provisions of Part III of the Companies Clauses Act, 1863, (relating to
debenture stock); ... and for the purposes of the present section this Act
shall be deemed a special Act passed incorporating that part; and any special
Act of a company passed before the passing of this Act prescribing any rate
shall be read and have effect as if no rate had been prescribed therein.


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© 1867 Crown Copyright

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