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ABANDONMENT OF RAILWAYS ACT 1850 - SECT 5

Mode of calling the meeting, and signifying the assent or dissent of the shareholders to or from the application.

5. The calling of any such meeting shall be by public advertisement, in the
manner required or usually adopted for advertising the extraordinary general
meetings of such company; and where such meeting is called by the directors of
the company, a circular letter shall be sent by the post addressed to each of
the registered shareholders of such company, according to his registered
address or other known address, seven clear days at least before the holding
of such meeting, and stating that a general meeting of the shareholders of
such company will be held at a time and place mentioned in such circular, for
the purpose of determining whether application shall be made to the
Commissioners of Railways that such railway or the part thereof specified in
such notice may be abandoned, and requesting such shareholder to signify his
assent to or dissent therefrom, which may be according to a form to be
contained in such circular letter, which form shall be to the effect set forth
in the schedule hereto, and such circular letter shall request such
shareholder either to return such form, signed by him, in a letter addressed
to the secretary of such company, or to attend such general meeting as
aforesaid, and deliver the same, so signed by him, to the chairman thereof;
and in the case of every such meeeting, whether called by the directors or by
such requisitionists as aforesaid, the shareholders may signify their assent
to or dissent from the proposed application, either by attending such meeting
in person, or by letter, addressed to the secretary of the company, stating
the assent or dissent of such shareholders, in a form which shall be to the
effect of the form set forth in the schedule hereto, and signed by such
shareholders respectively.

© 1850 Crown Copyright

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