xcvi. An Act to confirm two Provisional Orders under the Drainage and Improvement of Lands (Ireland) Act, 1863, and the Acts amending the same, relating to the Ballycolliton Drainage District, in the County of Tipperary, and the Killard River Drainage District, in the County of Cork. xcvii. An Act to confirm certain Provisional Orders made by the Board of Trade under the Gas and Water Works Facilities Act, 1870, relating to Herne Bay Water, Kettering Water, Mid Kent Water, and Wotton Estate Water. ci. An Act to confirm certain Provisional Orders of the Local Government Board relating to the Borough of Brighton and Town of Hove, the Darenth Valley Main Sewerage District, and the Local Government Districts of East Barnet Valley, Friern Barnet, and Herne Bay. cii. An Act to confirm certain Provisional Orders of the Local Government Board relating to the Calverley, North Bierley, Shipley and Windhill, and Thornton Joint Hospital Districts. ciii. An Act to confirm a Provisional Order of the Local Government Board relating to the Improvement Act District of Bingley. cviii. An Act to confirm certain Provisional Orders made by the Board of Trade under the Gas and Water Works Facilities Act, 1870, relating to Mansfield Water, Mid-Sussex Water, Wimborne Minster Water, ard Worksop Water. cxix. An Act to confirm certain Provisional Orders made by the Board of Trade under the General Pier and Harbour Act, 1861, relating to Broadford, Clevedon, Cromer, Curran, Hopeman, Mill Point, St. Ives, and Southbourne. cxx. An Act to confirm certain Provisional Orders of the Local Government Board relating to the Boroughs of Devonport, Okehampton, Ramsgate, and Sandwich, the Local Government District of Royton, and the Richmond Main Sewerage District. cxxi. An Act to confirm certain Provisional Orders of the Local Government Board relating to the Boroughs of Blackpool and Wigan, the Rural Sanitary District of the Chesterfield Union, and the Local Government District of Tredegar. cxxii. An Act to confirm certain Provisional Orders made by the Board of Trade under the Tramways Act, 1870, relating to Keighley Tramways, North Metropolitan Tramways, and South Birmingham Tramways. cxxiii. An Act to confirm a Provisional Order made by the Education Department under the Elementary Education Act, 1870, to enable the School Board for Birmingham to put in force the Lands Clauses Consolidation Act, 1845, and the Acts amending the same. cxxiv. An Act to confirm certain Provisional Orders of the Local Government Board for Ireland relating to Ballymoney, Clones, and Tuam. cxxv. An Act to confirm certain Provisional Orders made by the Board of Trade under the Gas and Water Works Facilities Act, 1870, relating to Chigwell, Loughton, and Woodford Gas, Great [THE LAW REPORTS.] Berkhampstead Gas, Hatfield Gas, Snodland Gas, and Swansea Gas. cxxvi. An Act to confirm certain Provisional Orders made by the Board of Trade under the Gas and Water Works Facilities Act, 1870, relating to Dursley Gas, King's Lynn Gas, Littlehampton Gas, Oakham Gas, Poulton-le-Fylde Gas, and Worksop Gas. cxxvii. An Act to confirm certain Provisional Orders made by the Board of Trade under the Gas and Water Works Facilities Act, 1870, relating to Goring and Streatley District Gas and Water, Sheringham Gas and Water, and Winchester Water and Gas. cxxxi. An Act to confirm certain Provisional Orders of the Local Government Board relating to the Boroughs of Bolton, Heywood, and Kingston-upon-Hull, and the Local Government District of Leigh. cxxxii. An Act to confirm certain Provisional Orders of the Local Government Board under the provisions of the Gas and Water Works Facilities Act, 1870, and the Public Health Act, 1875, relating to the Local Government District of Croston and the Borough of Wilton. cxxxiii. An Act to confirm certain Provisional Orders of the Local Government Board relating to the Boroughs of Aberystwyth and Leeds, the Hartlepool Joint Hospital District, the Improvement Act District of Lytham, and the Local Government Districts of Normanby, Openshaw, and Oswaldtwistle. cxxxiv. An Act to confirm certain Provisional Orders of the Local Government Board relating to the City of Bath, the District of Bilston, the Local Government District of Saint Thomas-theApostle, and the Borough of Stoke-upon-Trent. clix. An Act to confirm a Provisional Order for the Regulation of Therfield Heath and Greens, situated in the parish of Therfield, in the county of Hertford, in pursuance of a report from the Land Commissioners for England. clxv. An Act to confirm a Provisional Order made by the Education Department under the Elementary Education Act, 1870, to enable the School Board for London to put in force the Lands Clauses Consolidation Act, 1845, and the Acts amending the same. clxvi. An Act to confirm an Order made by the Secretary for Scotland under the Sea Fisheries Act, 1868, relating to the West Loch Tarbert Oyster and Mussel Fisheries. clxvii. An Act to confirm a Provisional Order of the Local Government Board relating to the Borough of Wolverhampton. clxx. An Act to confirm certain Provisional Orders made by the Board of Trade under the General Pier and Harbour Act, 1861, relating to Torquay, and Tralee and Fenit. cxciii. An Act for the abolition of the Forest of Dean Turnpike Trust. cxcix, An Act to confirm a Provisional Order under the Public Health (Scotland) Act, 1867, relating to Kirkliston, Dalmeny, and South Queensferry Water. THE PUBLIC GENERAL STATUTES. 51 VICTORIA. CHAPTER 1. An Act to apply certain sums out of the Consolidated Fund to the service of the years ending on the thirtyfirst day of March one thousand eight hundred and eighty-seven, one thousand eight hundred and eightyeight, and one thousand eight hundred and eighty-nine. [27th March 1888.] Most Gracious Sovereign, WE E, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom of Great Britain and Ireland, in Parliament assembled, towards making good the supply which we have cheerfully granted to Your Majesty in this session of Parliament, have resolved to grant unto Your Majesty the sums hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted; and be it 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, as follows: out of the Con 1. The Commissioners of Her Majesty's Treasury for the time Issue of being may issue out of the Consolidated Fund of the United King- 114,900l. 78.4d. dom of Great Britain and Ireland, and apply towards making good solidated Fund the supply granted to Her Majesty for the service of the years for the service ending on the thirty-first day of March one thousand eight hundred of the years ending 31st and eighty-seven and one thousand eight hundred and eighty-eight, March 1887 the sum of one hundred and fourteen thousand nine hundred pounds and 1888. seven shillings and fourpence. out of the Con 2. The Commissioners of Her Majesty's Treasury for the time Issue of being may issue out of the Consolidated Fund of the United 11,704,6031. Kingdom of Great Britain and Ireland, and apply towards making solidated Fund good the supply granted to Her Majesty for the service of the year for the service ending on the thirty-first day of March one thousand eight hundred of the year endand eighty-nine, the sum of eleven million seven hundred and four 1889. thousand six hundred and three pounds. ing 31st March Treasury to 3. The Commissioners of the Treasury may borrow from time to Power to the time, on the credit of the said sums, any sum or sums not exceeding borrow. in the whole the sum of eleven million eight hundred and nineteen thousand five hundred and three pounds seven shillings and fourpence, and shall repay the moneys so borrowed, with interest not exceeding five pounds per centum per annum, out of the growing [THE LAW REPORTS.] A Short title. produce of the Consolidated Fund at any period not later than the next succeeding quarter to that in which the said moneys were borrowed. Any sums so borrowed shall be placed to the credit of the account of Her Majesty's Exchequer, and shall form part of the said Consolidated Fund, and be available in any manner in which such fund is available. 4. This Act may be cited as the Consolidated Fund (No. 1) Act, 1888. ww CHAPTER 2. 33 & 34 Vict. c. 71. Conversion of new three per cent. stock and redemption of dissentient stock holders. An Act for reducing the Rate of Interest on the National And whereas, with a view of reducing the rate of interest on the National Debt, it is expedient to provide for the conversion of the new three per cent. stock into stock of a lower denomination, and for the redemption of such portions of that stock as may be held by persons dissenting from such conversion : And whereas it is also expedient, with the same view, to provide facilities for the conversion of the consolidated three pounds per cent. annuities and the reduced three pounds per cent. annuities (herein-after referred to respectively as consolidated three per cent. stock and reduced three per cent. stock), into stock of a lower denomination: 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, as follows: PART I. CONVERSION OR REDEMPTION OF NEW THREE PER CENT. STOCK. 1.-(1.) All holders of any amount of new three per cent. stock who do not on or before the twenty-ninth day of March one thousand eight hundred and eighty-eight, or such later date as is allowed in special cases by this Act, signify dissent in manner herein-after mentioned, shall continue to be entitled to receive the dividend payable on that stock on the fifth day of April one thousand eight hundred and eighty-eight, but shall as from that day receive in lieu of that amount of new three per cent. stock an equal nominal amount of stock to be created in pursuance of this Act and in this Act referred to as new stock, and the reception of that amount of new stock shall not be considered to be a change or variation of investment by the holder. (2.) All holders of new three per cent. stock who signify their dissent as aforesaid, or their executors, administrators, or assigns, shall be paid off in such order, at such time or times, and in such manner as Parliament may direct: Provided that all such holders, or their executors, administrators, or assigns, may at any time or times before the first day of August one thousand eight hundred and eighty-eight, unless Parliament shall in the meantime otherwise direct, be paid off the whole or any part of their stock, either in one sum or in such proportions, and in such order and manner, as the Treasury may direct, at the rate of one hundred pounds sterling for every one hundred pounds of the capital sums in respect of which the annuities constituting the said stock are payable, together with the payment of all arrears of those annuities at the rate of three pounds per cent. per annum, including the proportionate part accrued since the last date for the payment of dividends. and incidents 2.-(1.) The new stock shall consist of a capital stock of Denomination perpetual annuities, which shall for the year ending the fifth day of new stock. of April one thousand eight hundred and eighty-nine yield dividends at the rate of three pounds per cent. per annum, and shall thereafter yield dividends at the rate of two pounds fifteen shillings per cent. per annum until the fifth day of April one thousand nine hundred and three, and shall thereafter yield dividends at the rate of two pounds ten shillings per cent. per annum. (2.) The new stock shall not be redeemable until the fifth day of April one thousand nine hundred and twenty-three, but on and after that day shall be redeemable by Parliament on such notice, at such time or times, and either in one sum or in such sums or proportions, and in such order and manner as Parliament may direct, at the rate of one hundred pounds sterling for every one hundred pounds of the capital sums in respect of which the annuities constituting the stock are payable, together with the payment of all arrears of those annuities, including the proportionate part accrued since the last date for the payment of dividends. (3.) The new stock shall form part of the National Debt, and the annuities constituting the same shall be payable by equal quarterly dividends on the fifth day of January, the fifth day of April, the fifth day of July, and the fifth day of October in every year, and the first of the said dividends shall be payable on the first of the said quarterly days after the creation of the stock. (4.) The new stock shall be called two and three quarters per cent. consolidated stock until the fifth day of April one thousand nine hundred and three, and thereafter shall be called two and a half per cent. consolidated stock. |