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ABANDONMENT OF RAILWAYS ACT 1850 - SECT 1

Application by railway company to Commissioners to be allowed to abandon their undertaking.

1.] If any company authorized by Act of Parliament heretofore passed to make a
railway desire that the making and the carrying on of such railway or some
part thereof, whether commenced or not, be abandoned, such company may, by the
authority and with the consent of the holders of three-fifths of the shares or
stock of such company represented in manner herein-after mentioned at a
general meeting of shareholders to be convened in manner herein-after
mentioned, make application in writing to the Commissioners of Railways,
setting forth the particulars of the railway or portion of the railway desired
to be abandoned by them, and the grounds upon which such application is made.

© 1850 Crown Copyright

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