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RAILWAYS CLAUSES ACT 1863 - SECT 23



23. The agreement shall not, save so far as its terms and conditions are
authorized by the Railways Clauses Consolidation Act, 1845, ... or by any
other general statute or law from time to time in force with respect to the
companies parties to the agreement, have any operation unless and until it is
sanctioned by such proportion of the votes of the shareholders and
stockholders entitled to vote in that behalf at meetings of the several
companies parties thereto, present (personally or by proxy) at a general
meeting of each company specially convened for the purpose (in manner
herein-after mentioned), as is prescribed in the special Act, and, if no
proportion is prescribed, then by three-fifths of such votes.

Every such meeting shall be convened by circular addressed to each such
shareholder and stockholder, and served in the manner prescribed by the
Companies Clauses Consolidation Act, 1845, ... as the case may require, with
respect to notices requiring to be served by the company upon the
shareholders, and also by advertisement inserted once at least in each of two
consecutive weeks in some newspaper published or circulating in the county
prescribed in the special Act, and if no county is prescribed, then in the
county in which the head office of the company is situate; the last of such
advertisements to be published not less than seven days before the meeting.


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© 1863 Crown Copyright

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