Midland Great Western Railway Act 1849
MIDLAND GREAT WESTERN RAILWAY ACT 1849 | ||
CAP. LXII. | ||
An Act to authorize the Advance of Money out of the Consolidated Fund to the Midland Great Western Railway of Ireland Company. [28th July 1849.] | ||
57 G. 3. c. 34. | ||
9 & 10 Vict. c. 80. | ||
8 & 9 Vict. c. 119. | ||
9 & 10 Vict. c. 210. | ||
9 & 10 Vict. c. 224. | ||
10 & 11 Vict. c. 180. | ||
10 & 11 Vict. c. 176. | ||
Power to Treasury to charge the Consolidated Fund, and direct the Issue thereout of 500,000l. | ||
‘WHEREAS an Act was passed in the Fifty-seventh Year of the Reign of His late Majesty King George the Third, intituled An Act to authorize, the Issue of Exchequer Bills, and the Advance of Money out of the Consolidated Fund, to a limited Amount, for the carrying on of Public Works and Fisheries in the United Kingdom, and Employment of the Poor in Great Britain, in manner therein mentioned: And whereas another Act was passed in the Ninth and Tenth Years of the Reign of Her present Majesty, intituled An Act to authorize the Advance of Money out of the Consolidated Fund, for carrying on Public Works and Fisheries, and Employment of the Poor, and which said Act recites the aforesaid Act and several other Acts which had been passed, making Provisions for and regulating Loans and Advances to be made by the Commissioners therein mentioned or appointed in pursuance thereof, who are commonly called and herein-after referred to as the Public Works Loan Commissioners: And whereas an Act was passed in the Eighth and Ninth Years of the Reign of Her present Majesty, intituled An Act for making a Railway from Dublin to Mullingar and Longford, to be called “The Midland Great Western Railway of Ireland,” and the Company by the said Act incorporated for the aforesaid Purposes was by the said Act incorporated by the Name of “The Midland Great Western Railway Company of Ireland,” but which Company in the Acts next after mentioned is called “The Midland Great Western Railway of Ireland Company:” And whereas another Act was passed in the Ninth and Tenth Years of the Reign of Her present Majesty, intituled An Act to enable the Midland Great Western Railway of Ireland Company to make a Deviation in the authorized Line of the said Railway, and also a Branch Railway to the River Liffy : And whereas another Act was passed in the Ninth and Tenth Years of the Reign of Her present Majesty, intituled An Act to enable the Midland Great Western Railway of Ireland Company to make a Railway from Mullingar to Athlone: And whereas another Act was passed in the Tenth and Eleventh Years of the Reign of Her present Majesty, intituled An Act to enable the Midland Great Western Railway of Ireland Company to make certain Deviations in the authorized Line of the said Railway, and to amend the Acts relating thereto: And whereas another Act was passed in the Tenth and Eleventh Years of the Reign of Her present Majesty, intituled An Act to enable the Midland Great Western Railway of Ireland Company to make a Railway from Athlone to Galway; and by the first-mentioned Act incorporating the said Company the Company was authorized to purchase the Royal Canal therein mentioned, which when purchased was to be vested in the Midland Great Western Railway of Ireland Company, with all the Powers of the said Canal Company, and such Canal has been accordingly purchased: And whereas the said Railway from Dublin to Mullingar has been completed, and opened for the Use of the Public, but no Part of the said Lines from Mullingar to Athlone or from Athlone, to Galway has been begun, but a Portion of the Capital for the making the said Line from Mullingar to Athlone has been raised, but no Part of the Capital for making the said Railway from Athlone to Galway has been yet raised: And whereas the Construction and Completion of the said Railway between Athlone and Galway will contribute to the Advantage and Improvement of the respective Counties and Districts adjoining or near to such Railway, and therefore it is expedient that the Baronies and Half Baronies of the Counties and the County of the Town after mentioned should, to the Extent after mentioned, pay or contribute towards the Payment of any Monies and the Interest of any Monies borrowed to complete the said Line under the Provisions of this Act: And whereas an Application has been made to the said Public Works Loan Commissioners by the said Midland Great Western Railway of Ireland Company for the Loan of the Sum of Five hundred thousand Pounds in aid of the Expense of making and completing the said Railway between Athlone and Galway, and it is deemed expedient to make an Advance of Money out of the Consolidated Fund for the Purpose of such Loan:’ Be it therefore enacted by the Queen’s most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, That for the Purpose of such Loan the Commissioners of Her Majesty’s Treasury of the United Kingdom of Great Britain and Ireland for the Time being are hereby empowered, by Warrant under their Hands, from Time to Time or at any one Time, to charge the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and to direct the Issue thereout to the Account of the Commissioners for the Time being for the Reduction of the National Debt of a Sum or Sums of Money not exceeding in the whole Five hundred thousand Pounds. |