[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here:  BAILII >> Databases >> Northern Irish Legislation >> ABANDONMENT OF RAILWAYS ACT 1850

[Index] [Search] [Notes] [Noteup] [Next] [Download] [Help]

ABANDONMENT OF RAILWAYS ACT 1850

TABLE OF PROVISIONS

           Long Title

   1.      Application by railway company to Commissioners to be allowed to
           abandon their undertaking.
   2.      Meeting to consider application.
   3.      Shareholders may require directors to call a meeting.
   4.      After calling of meeting, or receipt of requisition, directors not
           to make any payments, &c. with respect to railway proposed to be
           abandoned.
   5.      Mode of calling the meeting, and signifying the assent or dissent
           of the shareholders to or from the application.
   6.      Scrutiny of number of shares held by the shareholders assenting and
           dissenting.
   7.      Chairman of the meeting.
   8.      Meeting to elect scrutineers.
   9.      Adjournment of meeting on application of scrutineers.
   10.     Certificate of holding of meeting.
   11.     Application by shareholders favouring abandonment against validity of
           meeting.
   12.     If meeting determine that application shall be made, or if
           commissioners certify, the directors not to proceed with works
           proposed to be abandoned until after, or otherwise than in
           accordance with, the decision of the commissioners.
   13.     Commissioners of Railways, if they think that there are grounds for
           entertaining the application, shall direct the company to give notice
           of application having been made.
   14.     Commissioners to have power to inspect the company's books and other
           documents, and to send an officer for local inspection.
   15.     Commissioners of Railways may authorize the abandonment of the
           railway or part.
   16.     In considering objections of shareholders to partial abandonment,
           commissioners to have regard to local circumstances.
   17.     Notice of warrant of abandonment to be given, and persons having
           claims for compensation, &c. to be required to send them in.
   18.     Certificate of due publication of the notice of the warrant.
   19.     After the granting of warrant, the company to be released from
           liability to make the railway or part thereof authorized to be
           abandoned, &c.
   20.     Where contracts have been entered into or notices given, compensation
           to be made for non-completion.
   21.     Compensation to adjoining landowners in lieu of accommodation works,
           where railway has been commenced.
   25.     Amount of compensation to be settled by arbitration.
   26.     Company to be still liable for damage occasioned by their entry on
           lands, &c.
   27.     Lands purchased by the railway company to be sold as superfluous
           lands.
   28.     Reduction of capital on abandonment.
   29.     On abandonment of the whole railway, powers of company to cease.
   34.     In case of petition for winding up, landowners, &c. entitled to
           compensation to be deemed creditors.
   35.     Saving as to pending actions, &c.
   36.     Saving as to agreements to construct railways.
   37.     Commissioners to report to Parliament where abandonment is authorized
           by them.
   38.     Interpretation of terms.
   39.     Section 5.
           1. Recited sections to extend to all fee-farm rents and to other rents
           under grants in fee or for life or for years, save as herein
           excepted.


[ Note: This table has been automatically generated and may be incomplete. ]

© 1850 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/aora1850232/