Schedule A. For the dividend payable [1st July] the balance is struck on or about the [1st June]. For the dividend payable [1st October] the balance is struck on or about the [1st September]. Warrants for overdue dividends will be forwarded as promptly as possible, but not necessarily by return of post. Any change of address of the stockholder in sole accounts, or of the nominee in joint accounts, should be notified at once to [ 1. When any such notification reaches less than a fortnight before the next dividend is due, there may be a delay of a few days in the delivery of the warrant for such next dividend. In the absence of any notification to the contrary, it will be taken for granted that dividend warrants have duly reached their destinations. When they are not received on the correct day, notice should be given to the [ without delay. ] As postal dividend warrants are made payable to order, they must be indorsed; they are crossed in blank, and consequently are only payable on presentation by a banker. ([ ] will not undertake to cross postal dividend warrants with the names of particular bankers). Instructions to transmit warrants by post remain in force, although the stock may have been added to, or a part sold. Stockholders selling stock by attorney, if they wish to continue to receive their dividends through the post, should instruct their bankers, or brokers, to obtain letters of attorney for sale only. All communications with reference to postal dividend warrants should be addressed to [ ], and the postage should be prepaid. Warrants outstanding more than six months after date are required to be for verification before being presented for payment. sent to This is to certify that the bearer of this Certificate is entitled to FIFTY ]Stock with dividend thereon at the rate of £ POUNDS [ Cent. per Annum transferable at [ per Countersigned A00000 Dated Signed £50 189 The Coupons attached to this Certificate are payable at [ When the Coupons are exhausted this Certificate will be exchanged on presentation at [ ], for a new Certificate with fresh Coupons attached. On original issue of stock receipt or stock certificate On any new stock certificate On transfer including certificate On any issue of stock certificate to bearer in respect of every ten pounds of stock specified therein On re-entry in stock register of stock specified in stock certificate to bearer £ s. d. 0 2 0 2 0 5 1990 006 050 Schedule A. SCHEDULE B. Abstract of Stock and Redemption Fund Accounts, made in pursuance of Article 38 of the Regulations of the Local Government Board issued under Section 70 of the Local Government Act, 1888. 1. Name of County Council. 2. Name of Stock. 3. Period for which Abstract is made, viz., Year ended Given under the Seal of Office of the Local Government Board, this Third day of July, in the year One thousand eight hundred and ninety-one. (L.S.) HUGH OWEN, Secretary. CHAS. T. RITCHIE, President. Order in Council under section 70 of the Local Government Act, 1888, ante, p. 135, amending the Order last set out. At the Court at Osborne House, Isle of Wight, the 3rd day of August, 1897. Present, the Queen's Most Excellent Majesty in Council. Whereas the Local Government Board did, in pursuance of the powers conferred upon them by the Local Government Act, 1888, on the 12th day of June 1897, make certain regulations amending the regulations confirmed by Order in Council of 26th September, 1891, applicable to the creation, issue, transfer, and redemption of and other dealings with any County Stock which any County Council create under the Local Government Act, 1888, in exercise of any statutory borrowing power: And whereas the said amending Regulations have, as required by the said Act, been laid before both Houses of Parliament for a period of 30 days, and no resolution has been passed by either House that such amending Regulations ought not to be proceeded with. Now, therefore, Her Majesty having taken the said amending regulations (copy whereof is hereunto annexed) into consideration, is pleased, by and with the advice of Her Privy Council, to confirm, and doth hereby confirm the same. C. L. PEEL. AMENDING REGULATIONS referred to in the foregoing Order. THE LOCAL GOVERNMENT ACT, 1888. REGULATIONS AS TO ISSUE OF COUNTY STOCK: AMENDING ORDER. To the COUNTY COUNCILS of the several Administrative Counties in ENGLAND and WALES, other than the County Council of London :— And to all others whom it may concern. Whereas by sub-section (8) of Section 69 of the Local Government Act, 1888, it is enacted that where the County Council are authorised to borrow any money on loan they may raise such money by stock issued under the said Act, or by the other methods mentioned in the said sub-section ; And whereas by Section 70 of the said Act it is enacted as follows: "70.-(1.) County stock may be created, issued, transferred, dealt with, and redeemed in such manner, and in accordance with such regulations as the Local Government Board may from time to time prescribe. "(2.) Without prejudice to the generality of the above power, such regulations may provide for the discharge of any loan raised by such stock, and in the case of consolidation of debt for extending or varying the times within which loans may be discharged, and may provide for the consent of limited owners and for the application of the Acts relating to stamp duties and to cheques, and for the disposal of unclaimed dividends, and may apply for the purposes of this section, with or without modifica tions, any enactments of the Local Loans Act, 1875, and the Acts amending the saine, and of any Act relating to stock issued by the Metropolitan Board of Works, or by the corporation of any municipal borough. "(3.) Such regulations shall be laid before each House of Parliament for not less than thirty days during which such House sits, and if either House during such thirty days resolves that such regulations ought not to be proceeded with the same shall be of no effect, without prejudice nevertheless to the making of further regulations. "(4.) If no such resolution is passed, it shall be lawful for Her Majesty by Order in Council to confirm such regulations, and the same when so confirmed shall be deemed to have been duly made and to be within the powers of this Act, and shall be of the same force as if they were enacted in this Act." And whereas the Local Government Board by Order dated the 3rd day of July, 1891, made Regulations under the said Section (hereinafter called "the Regulations "), and the same were confirmed by Order in Council dated the 26th day of September, 1891; And whereas it is desirable that the Regulations should be amended as herein-after provided: Now therefore, We, the Local Government Board, in pursuance of the powers given to Us by the last above-cited Section, do hereby Order and Prescribe as follows: From and after the confirmation of these Regulations by Order in Council, the Regulations shall be amended by the additions and alterations herein-after contained, and as so amended shall apply to the creation, issue, transfer, and redemption of, and other dealings with, any stock which any County Council create under the Local Government Act, 1888, in exercise of any statutory borrowing power as defined in Article 1 of the Regulations: Provided that the said additions and alterations shall not apply to any stock issued before the confirmation of these Regulations, except as herein-after expressly mentioned, or as We may hereafter direct. ARTICLE 1.-(1.) A County Council who shall have issued stock under the Regulations, whether of one or more classes, and whether before or after the date of this Order, may, if the Board by Order so provide, from time to time, create and issue stock, under and subject to the Regulations as hereby amended, of another class than any stock previously created by the County Council, and so that some or all of the terms and conditions on which the same is issued, including the rate of dividend payable thereon and the period after which the same shall become redeemable, may not be the same as those of any stock previously created, but any such stock shall rank equally with the stock previously issued, and (unless otherwise expressed in the resolution for the creation of the stock) with all other securities of the County Council created or granted in pursuance of any statutory borrowing power at any time after the date of the first creation of any stock. |