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Stannaries Act 1869 (repealed 19.11.1998)
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Changes over time for: Cross Heading: Sale of mine
Version Superseded: 19/11/1998
Alternative versions:
- 01/02/1991- Amendment
- 01/02/1991
Point in time - 19/11/1998- Amendment
Status:
Point in time view as at 01/02/1991.
Changes to legislation:
There are currently no known outstanding effects for the Stannaries Act 1869 (repealed 19.11.1998), Cross Heading: Sale of mine.
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Sale of mineU.K.
24 Power of sale of mine, &c. as going concern.U.K.
Without prejudice to the landlords, lessors, or others having any estate, charge on, or interest in the land in which the mine is situate, or to the creditors, and their customary lien on the saleable machinery and materials belonging to the company, a company shall have power, by a special resolution to which three fourths in value of the shareholders shall consent, either in writing or at a meeting, to sell and dispose of the machinery and materials belonging to the company with or without the legal or equitable interest of the company in the leases or sett on which any mine belonging to the company is worked, as a going concern, provided that every such sale shall be by public auction, and that due notice of the intended sale be given by public advertisement in some local newspaper, and in some public journal or newspaper specially relating to mining companies, for two successive weeks before the sale.
25—26. F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.
Textual Amendments
F1Ss. 25, 26 repealed by Companies (Consolidation) Act 1908 (c. 69), Sch. 6 Pt. I
27—33. F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.
Textual Amendments
F2Ss. 27—33 repealed by Stannaries Court (Abolition) Act 1896 (c. 45), Sch.
34 F3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.
Textual Amendments
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