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COMPANIES CLAUSES ACT 1863 - SECT 30

Mortgages, &c. not to be affected by this Act.

30. Nothing herein or in the special Act authorizing the issue of debenture
stock contained shall in any way affect any mortgage or bond at any time
legally granted by the company before the creation of such stock, or any power
of the company to raise money on mortgage or bond; but the holders of all such
mortgages and bonds shall, during the continuance thereof respectively, be
entitled to the same priorities, rights, and privileges in all respects as
they would have been entitled to if the special Act authorizing the issue of
debenture stock had not been passed.


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© 1863 Crown Copyright

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