and
be constituted either under the
provisions of the Companies Clauses Consolidation Act, 1845, by incorporating them with the Company's Special Act, the amount of the Company's Capital and their borrowing powers being defined by the Special Act,
or
it may antecedently to the Special Act by Royal Charter or under the provisions of the Joint Stock Companies Acts, 1856, 1857.
(II) The Special Act incorporates the Gas Works Clauses Act - 1847, by which powers are conferred of breaking up streets &c. for laying pipes; of supplying, and recovering rent for Gas; and of recovering damages & penalties pursuant to the provisions for those purposes in the Railways Clauses Consolidation Act, 1845; & provision is made for preventing waste or misuse of Gas, and injury to the Company's pipes & works, and also for guarding against nuisance from the Gas.
The Special Act defines the limits of the Company's operations; it prescribes, and provides for testing, the quality of the Gas; it limits the maximum rates which may be charged for public & private lights respectively, and it either itself limits the maximum rate of dividend which may be made by the Company out of profits, and provides for the application of surplus profits,
and
be constituted either wider the
provisions of the Companies cos Clauses Consolidation Act, 1045, by incorporating them with the gar Company's Special but, the amount of the Company's Capital and their borrowing powers." being defined by the Special
or
it
Art,
be constituted may antecedently to the Special Aut by Royal Charter or under the provisions of the Joint Stockin Companies Acts, 1856, 1857.
(II) The Special Act incorporates the Gas works Clauses Act - 1847, by which powers are conferred of breathing up streets Etc. for laying pipes; " of supplying, and recovering rent"" for, [as; and of recovering damages & penalties
pursuant
リ
322
pursuant to the provisions for thos purposes in the Railways Clauses. Consolidation Act. 1845 ; & provision
or other
is made for preventing waste or misuse of Gas, and injury to the Company's pipes works and also for quarding against muisance from the Eas.
The special act defines
the Company's wr
of
the limits operations = it prescribes, & provides for testing, the quality of the Gas; it limits the maximam rates which
may
be charged for in public & private lights respectivly and it either itself limits the Maximusa rate of dividend which may
be made by the Company out of profits, and provides for the application of surplus profits,
and
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