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Arrangements between the Company and the Great Northern Railway Company (Ireland) as respects the Dublin Junction Railways, etc.
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53.—(1) As on and from the 1st day of January, 1945—
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(a) the Agreement of 1887 and the Agreement of 1910 shall cease to have effect;
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(b) the liability of the Northern Railway Company, under the Agreement of 1887 and the Agreement of 1910, to contribute a sum not exceeding two thousand pounds per annum towards payment of a dividend at the rate of four per cent. per annum on the four per cent. City of Dublin Junction Railways' Guaranteed Stock of the dissolved railway company and all liability, contingent or otherwise, of the Company to the Northern Railway Company or of the Northern Railway Company to the Company in respect of the said contribution shall cease;
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(c) the Company shall continue to operate the normal system of trains run before the said date for the purposes of, and in connection with, the mails services of the Minister for Posts and Telegraphs, over the Dublin Junction Railways and the Company's railway between Westland Row in the City of Dublin and Dun Laoghaire Mail Pier, until the Company and the Northern Railway Company, with the consent of the said Minister agree otherwise;
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(d) if, for convenience of working, the Northern Railway Company send any carriage or rolling stock over the Dublin Junction Railways and the Company's railway between Westland Row aforesaid and Dun Laoghaire Mail Pier, no payment shall be made by the Company to the Northern Railway Company in respect of any such carriage or rolling stock, nor shall any toll for haulage be charged by the Company against the Northern Railway Company in respect of any such carriage or rolling stock.
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(2) In consideration of the arrangements effected by subsection (1) of this section, the Northern Railway Company shall, on the 1st day of January, 1945, pay to the Company the sum of eight thousand pounds.
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(3) In this section—
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the expression “the Northern Railway Company” means the Great Northern Railway Company (Ireland);
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the expression “the Agreement of 1887” means the agreement made on the 26th day of August, 1887, between the Northern Railway Company of the first part, the former City of Dublin Steam Packet Company of the second part, and the former Dublin, Wicklow and Wexford Railway Company of the third part;
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the expression “the Agreement of 1910” means the agreement made on the 7th day of July, 1910, between the Northern Railway Company of the first part, the former City of Dublin Steam Packet Company of the second part, and the former Dublin and South Eastern Railway Company formerly the Dublin Wicklow and Wexford Railway Company of the third part;
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the expression “the Dublin Junction Railways” means the railways constructed under the Dublin Wicklow and Wexford Railway (City of Dublin Junction Railways) Act, 1884.
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