No. 3517. An Act to approve and ratify and provide for carrying out an Agreement between Alton a Beach Estates Limited the Premier of the State of Victoria and Arthur Rickard and Co. Limited respecting the Transfer to the State of the Altona Railway and for other PurPoses [5th October, 1927.] preamble, schedule "VTTHKH KAS Altona Beach Estates Limited (a company VV incorporated in accordance with the law of New South Wales) the Premier of the State of Victoria for and on behalf of and duly authorized hy the Government of the said State and Arthur Packard & Co. Limited (a company which is also incorporated in accordance with the law of New South Wales) have entered into the Agreement a copy of which is set out in the Schedule to this Act: And whereas it is desirable to approve and ratify the said Agreement and to provide for carrying out the provisions thereof: Be it therefore enacted by the King's Most Excellent Majesty by and with the advice and consent of the Legislative Council and the 18 GEO. V.] I € 1 Altona Railway. [No. 3517 69 the Legislative Assembly of Victoria in this present Parliament assembled and by the authority of the same as follows (that is to say):— . This Act may be cited as the Altona Railway Act short title. 1927. 2 . In this Act unless inconsistent with the context or Interpretation. subject-matter— u Commissioners" means The Victorian Hail ways Com- " Commlamissioners constituted as provided by the Railways 3ionors." Nos. 2710 Ac. Acts. u Company " means Altona Beach Estates Limited. " Company." u The Agreement" means the Agreement a copy of The " Agreement." which is set out in the Schedule to this Act. Schedule. u The railway lands" means the lands more par- The "railway lands." ticularly described in sub-clauses 2, 3, 4 and 5 of Clause II. of the Agreement, The " said railway " means the railway which has been The"Baid railway." constructed on the lands coloured red on the plans referred to in the Agreement, and includes the stations bridges approaches buildings culverts fences gates machinery telegraph and telephone wires instruments and other telegraphic and telephonic works and apparatus station fittings and furniture stores plant materials and all other property works conveniences and effects of every land which at the date of the Agreement were vested in or belonged to the company and formed part and parcel of or were reputed to form part and parcel of the said railway. 3 . The Agreement is hereby approved and ratified and shall be deemed and taken to be part of this Act and anything necessary for carrying out the provisions thereof may bedone or suffered by the Minister the Commissioners or the company as the circumstances of the case require. 4 . (1) The Minister shall direct the company to transfer the said railway and the railway lands to the Commissioners. (2) Upon the said transfer being effected the said railway and the railway lands and the inheritance thereof in fee simple shall be and be deemed to have been vested in the Commissioners as on and from the first day of October One thousand nine hundred and twenty-four for the purposes of the Railways Acts, but subject nevertheless to the provisions of the Agreement. (3) All Ratification of Agreement. Railway and railway lands to be transfer! c d to the Commissior.ure. Railway and railway lands to vest in (lie Commissioners. Noa. 2716, 2814, 2885, 2042, 2951, 3011, 3039, 8111, 3227, 3484.. Altona Railway. [No. 3517 70 18 GEO. V.J Laws by-laws and regulations __ to be in iorco. (3) All laws by-laws and regulations for the time being m force o n 0 r in respect of the railways vested in the Commissioners shall so far as the same are respectively capable of being applied be in force on and in respect of the said railway. Restrictions on use of lands 5- The covenants and agreements by the company contained in clauses V. VII. and VIIL of the Agreement shall attach to and run with the lands of the company which are mentioned in the said clause V., and shall bind the said lands in whosesoever hands the same shall be, but the owner and occupier for the time being of the said lands shall subject to the provisions of clause VI. of the Agreement be at all times entitled to the benefit of the said clause VI. "gjgjf railway lands. Saving. Compensation for additional lands taken by 6. Notwithstanding anything contained in the Lands thecommis- Compensation Acts the amount of purchase money or liK.10 be compensation payable for or in respect of any land which, Nos. 2678,3i4i. during the period of five years next after the commencement of this Act, is purchased or taken by the Commissioners for or is used by the Commissioners in connexion with or is likely to be injured in or prejudicially affected by the execution of any works on the said railway shall not exceed the value of the land on the twenty-ninth day of March One thousand nine hundred and twenty-six. Commissioners not bound to fence. 7. On the said railway the Commissioners shall not be bound to erect or to contribute to the erection of anv dividing or other fence or to erect gates or to employ gatekeepers at any public or occupation road-crossing nor shall the Commissioners be liable for any damage which may be caused by the absence of gates or of gatekeepers at any such crossing or by reason of the said railway not being fenced in or fenced off. Audit and Land Acts not affected. 8 . Nothing in this Act shall affect or in anv manner alter or varv anv of the provisions contained in the Audit Acts or in any Act relating to Crown lands. SCHEDULE. 18 GEO. V.] Alkma Railway. [No. 3517 SCHEDULE. made the Twenty-ninth day of March One thousand nine hundred and twenty-six Between ALTONA BEACH ESTATES LIMITED a company duly incorporated in accordance with the law of the State of New South Wales and carrying on business in the State of Victoria at 98 Elizabeth-street Melbourne (hereinafter called " the Company " which expression where the context admits or requires shall be deemed to extend to and to include its assigns) of the first part the HONORABLE JOHN ALLAN in his capacity as the Premier of the State of Victoria and for and on behalf of and duly authorized by the Government of the said State (hereinafter called " the Minister " which expression where the context admits or requires shall be deemed to extend to and to include the successors in office and assigns of the Honorable John Allan and the officers servants and agents of the Government of the State of Victoria) of the second part and ARTHUR EICKARD AND CO. LIMITED a company which is also duly incorporated in accordance with the law of New South Wales and has its registered office at 84B Pitt-street Sydney (hereinafter called " the Guarantor " which expression where the context admits or requires shall be deemed to extend to and to include its assigns) of the third part WHEREAS the Company is the owner of the lands delineated and colored red blue yellow purple and brown on the plans certain copies of which have been sealed by the Company and the Guarantor and deposited in the office of the Minister and other copies of which have been signed by the Minister and deposited in the office of the Company AND of the railway which has been constructed on the said lands colored red on the said plans AND WHEREAS pursuant to the provisions of an agreement made the Twenty-eighth day of November One thousand nine hundred and seventeen between the Company of the one part and The Victorian Pvailways Commissioners of the other part the said The Victorian Kailways Commissioners (who are hereinafter referred to as " the Commissioners ") entered into possession of that portion of the said railway situate between the points marked " A " and " B " on the said plans and proceeded to use the said portion of the said railway for the purpose of working the train service mentioned in the said agreement AND WHEREAS it is provided in the said agreement that in the event of there being any deficiency between the revenue derived by the Commissioners from their user of the said portion of the said railway and the actual costs incurred or moneys expended by them in working the said wain service under the guarantee of the said Company which was terminated in the manner prescribed by the said agreement as on the First day of October One thousand nine hundred and twenty-four the Company shall on demand pay the amount of such deficiency to the Commissioners AND WHEREAS there is now due and owing by the Company to the Commissioners pursuant to the provisions of the said agreement the sum of Seven thousand two hundred and eighty-inne pounds three shillings and sevenpence AND WHEREAS the Company is unable immediately to pay the said sum to the Commissioners but has represented to the Minister that if the Government of the State of Victoria were to acquire the said railway and vest the same in the Commissioners for the purposes of the Railways Acts of the said State it could arrange for the provision of funds which would enable it to pay to the Commissioners MEMORANDUM OF AGREEMENT SCHEDULE 18 GEO. V.] Altona Railway. [No. 3517 SCHEDULE—continued. in the instalments hereinafter provided for the said sum of Seven thousand two hundred and eighty-nine pounds three shillings and sevenpence and interest thereon calculated at the rate of Six pounds per centum per annum for the period commencing upon the Eighteenth day of November One thousand nine hundred and twenty-four (being the date upon which an account of the amount due to them pursuant to the provisions of the said agreement was last rendered to the Company by the Commissioners) and ending upon the date of the execution of this agreement AND WHEREAS to facilitate the acquisition of the said railway by the said Government the Company has offered to transfer and/or surrender the said railway and the lands and property hereinafter more particularly described to His Majesty King George the Fifth or as the Minister may direct provided that the Minister agrees that the Commissioners will operate and continue to operate the said railway as portion of the Melbourne suburban system and will with all reasonable despatch proceed to convert the said railway so that electricity may be used as a motive power thereon AND WHEREAS the Minister has agreed to accept the Company's offer upon condition that the Company pays the said sum together with interest thereon as aforesaid to the Commissioners in the instalments hereinafter mentioned and provides a surety for the due and punctual payment of the said instalments AND WHEREAS the Company has requested the Minister to accept the Guarantor as a surety as aforesaid and the Minister has agreed SO t o d o NOW THESE PRESENTS WITNESS :— I. THE Company shall: 1. Immediately upon the execution of this agreement pay unto the Commissioners:— (i) the sum of Three thousand six hundred and forty-four pounds eleven shillings ninepence and one-halfpenny being a moiety of the said sum of Seven thousand two hundred and eighty-nine pounds three shillings and sevenpence: (ii) interest calculated at the rate of Six pounds per centum per annum on the said sum of Seven thousand two hundred and eighty-nine pounds three shillings and sevenpence for the period commencing on the Eighteenth day of November aforesaid and ending on the day of the execution of this agreement. 2. Pay the other moiety of the said sum of Seven thousand two hundred and eighty-nine pounds three shillings and sevenpence to the Commissioners in three instalments of One thousand # pounds each and one instalment of Six hundred and fortyfour pounds eleven shillings ninepence and one-halfpenny the said instalments to be paid at regular half-yearly intervals reckoned from the date upon which the payments provided for in sub-clause 1 of this Clause are made. 3. Pay interest to be calculated at the rate of Six pounds per centum per annum on the balance of the other moiety aforesaid from time to time remaining unpaid until the whole of the said moiety shall be paid the said interest to be paid on the said half-yearly days and to be computed in the first instance from the date upon which the payments provided for in sub-clause 1 of this Clause are made and thereafter from the last preceding half yearly day. SCHEDULE I 18 GEO. V.] Altana Railway. [No. 3517 m SCHEDULE—continued. U II § II. UPON the payment by the Company to the Commissioners of the sums mentioned in sub-clause 1 of Clause I. hereof the Company in consideration of the agreement by the Minister hereinafter contained will transfer and/or surrender unto His Majesty King George the Fifth or as the Minister shall direct:— 1. ALL THAT the said railway including the stations bridges approaches buildings culverts fences gates machinery telegraph and telephone wires instruments and other telegraphic and/or telephonic works and apparatus station fittings and furniture stores plant materials and all other property works conveniences and effects of every kind which at the date of this agreement were vested in or belonged to the Company and formed part and parcel of or were reputed to form part and parcel of the said railway. 2. The surface and down to a depth of Fifty feet below the surface of the lands upon which the said railway is constructed which lands are colored red on the plans. 3. At the option of the Minister to be exercised within Twenty-four calendar months of the date of the execution of these presents:— (i) the surface and down to a depth of Fifty feet below the surface of the lands colored yellow and brown on the plans which lands may hereafter be required for the construction and maintenance of an extension of the said railway ; or * (ii) the surface and down to a depth of Fifty feet below the surface of the lands colored purple and brown on the plans which lands may hereafter be required for the construction and maintenance of portion of an extension of the said railway. 4. The surface and down to a depth of Fifty feet below the surface of the lands colored blue on the plans which lands may hereafter be required in order to permit of the traffic on the said railway being more efficiently worked. 5. The surface and down to a depth of Fifty feet below the surface of any other lands which are vested in or belong to the Company and are occupied or used by it or by the Commissioners in connection with the said railway. AND the Minister on behalf of His Said Majesty will accept a transfer and/or surrender of the said railway property and lands and will do what lawfully may be done by him towards vesting the same in the Commissioners for the purposes of the Kaiiways Acts AND he hereby agrees with the Company that the Commissioners will operate and continue to operate the said railway as portion of the Melbourne suburban system and will with all reasonable despatch proceed to convert the said railway so that electricity may be used motive power thereon. ,* *j III. THE Company shall:— 1. Forthwith prepare and deliver to the Crown Solicitor for the State of Victoria :— (i) a full and complete inventory of the personal property owned by it and used by it or by the Commissioners in connection with the said railway : SCHEDULE 18 GEO. V.] Altona Railway. [No. 3517 SCHEDULE—continued. (ii) full and complete particulars of the several stations bridges approaches buildings culverts fences gates telegraphic and/or telephonic works or apparatus lines of way and other works and appliances in the nature of fixtures which are owned by the Company and form part and parcel of or are reputed to form part and parcel of the said railway: (iii) abstracts or other sufficient particulars of its titles to all of the lands which it has hereby agreed to transfer and/or surrender together with all surveys and surveyor's description of such lands which it may have in its possession. 2. Produce to the said Crown Solicitor all deeds and documents required to be produced in support or in verification of its title to such lands. IV. THE estate in the said lands which the Company shall by this agreement be bound to transfer and/or surrender shall be an unencumbered estate of fee simple in the whole of the said lands as above described but only insofar as the same may be comprised in the present titles held by the Company PROVIDED THAT the provisions of this Clause shall not apply to any obligation created by an exception reservation covenant or condition contained in the original Crown Grant of any of the said lands or to the covenants and conditions contained in Instrument of Transfer registered No. 403084 or to any easements subsisting over or upon or affecting the said lands or to any obligation subject to which the Minister may decide to accept a transfer and/or surrender of the said lands. V. THE Company shall retain for its own use all other parts below Fifty feet of the said lands but subject always to the following condition and the Company (subject to the provisions of Clause IV. hereof) hereby covenants with the Minister in manner following that is to say that it will not use for actual mining the lands underlying the said depth of Fifty feet of the said lands to be transferred and/or surrendered as aforesaid or the other lands belonging to the Company and extending for Three chains laterally on either side of the said lands to be transferred and/or surrendered. VI. IT is hereby agreed that in order to provide efficient means of communication between mine workings of the Company situate on either side of the lands mentioned in Clause V. hereof the Company may construct and maintain tunnels ways or other works at any working level in such lands below Fifty feet PROVIDED THAT :— 1. Tunnels ways or other works in the lands belonging to the Company and underlying the said lands to be transferred and/or surrendered shall not exceed Twenty feet in width.and Ten feet in height and shall be adequately supported in tlie middle and that two such tunnels ways or other works shall not be placed at a less distance than One chain and half a chain laterally from each other. 2. Tunnels ways or other works in the lands belonging to the Company and _ extending for Three chains laterally on either side of the said lands to be transferred and/or surrendered SCHEDULE 18 GEO. V.] Altona Railway. [No. 3517 SCHEDULE—continued. shall not exceed Twenty feet in width and Ten feet in height and that two such tunnels ways or other works shall not be placed at a less distance than One chain and half a chain laterally from each other. 3. Upon any such tunnel way or other work being abandoned or no longer required by the Company it shall be properly and securely stowed up in accordance with the most approved practice of mining engineers and in such a way as to prevent subsidence of the lands above it. VII. THE Commissioners and their officers with or without surveyors miners workmen and others shall be entitled at any reasonable time to enter upon the lands of the Company more particularly referred to in Clauses V. and VI. hereof in order to ascertain if the Company is fulfilling the obligations imposed upon it by the said Clauses and for that purpose they shall be entitled to use free of charge the pits shafts tunnels ways and other mining works of the Company which it will be necessary for them to use in order to obtain ingress to and egress from the said lands and any mining plant and machinery of the Company which is in or upon or is used in connection with any such pit shaft tunnel way or other mining work and to have any assistance from the miners workmen and others employed by the Company which is in the circumstances of the particular case necessary and reasonable. VIII. THE Company shall not agree to assign its lands or any part or parts thereof (which are more particularly referred to in Clauses V. and VI. hereof) until it has given unto the proposed assignee notice of the existence of the covenants and agreements by it contained in the said Clauses and in Clause VII. hereof AND in every deed or other document containing an agreement by the Company to assign the said land or any part or parts thereof or by means of which effect is sought to be given to any such agreement it shall be expressed that the agreement therein made or sought to be given effect to shall be subject to the obligations and restrictions created by the said covenants and agreements. IX. I F at any time any question dispute or difference shall arise between the Company and the Minister touching :— 1. 2. 3. 4. The true intent or construction of these presents ; or The carrying into effect of any of the clauses hereof ; or Any of the incidents or consequences hereof ; or Any breach or non-performance or alleged breach or nonperformance of any of the provisions hereof with the exception of the provisions of Clauses I. and X. hereof; or 5. Any liability damages losses costs or expenses arising out of any such breach or non-performance aforesaid; or 6. Any claim or demand of whatsoever nature in anywise relating to the premises such question dispute or difference shall unless the parties agree in the appointment of a single arbitrator be referred to two arbitrators one to be appointed by each party hereto and such arbitrators shall before they enter upon the determination of the matters referred to them nominate and appoint by writing under their hands an umpire to decide any matters on SCHEDULE 18 GEO. V.] Altona Railway. [No. 3517 SCHEDULE—continued. which they shall differ or which shall be referred to him by them and the Arbitration Act 1915 of the State of Victoria and any statutory modification or re-enactment thereof shall apply to any such arbitration. X. I N consideration of the premises the Guarantor to the intent that the guarantee liereby given shall be construed as a continuing guarantee hereby covenants and agrees with the Minister that if the Company shall fail or neglect to pay punctually unto the Commissioners the sums mentioned in Clause I. hereof or any of them or the interest mentioned in the said Clause, or any part thereof the Guarantor shall from time to time within Fourteen days of the service upon it of a notice in writing under the seal of the Commissioners setting out the amount which the Company has failed or neglected to pay unto the Commissioners pay unto the Commissioners the amount in the particular notice set out. XI. ANY notice required to be served upon the Guarantor pursuant to the provisions of Clause X. hereof shall be sufficiently served if addressed to the Guarantor and if forwarded by a registered letter addressed to it at its last registered office in the said State of New South Wales. XII. THE liability of the Guarantor hereunder shall not be in any way released or discharged by reason of any time or other indulgence being granted by the Minister to the Company whereby the time or mode of payment by the Company of the whole or of any portion of the moneys referred to in Clause I. of these presents may be altered or involved. XIII. NOTHTNG in these presents contained shall be construed :— 1. So as to affect the liability of the Company to pay unto the Commissioners the said sum of Seven thousand two hundred and eighty-nine pounds three shillings and sevenpence or so as to prejudice in any way the rights of the Commissioners under the said agreement of the Twenty-eighth day of November One thousand nine hundred and seventeen. 2. As imposing upon the Minister or upon the Commissioners an obligation-to operate the said railway in perpetuity regardless of the fact that its operation involves the Government of Victoria or the Commissioners in a loss but on the contrary the Minister or the Commissioners (as the case may require) shall be entitled to close the said railway if the Commissioners after having considered all of the circumstances of the case in accordance with the practice ordinarily followed by them in dealing with a railway which is being worked at a loss are of the opinion that the said railway should be closed. XIV. SHOULD the Commissioners at any time within a period of Ten years from the date hereof cease to operate the said railway as portion of the Melbourne suburban system of the Victorian State Railways or fail to use or continue to use any portion of the lands described in paragraphs 2 and 3 of Clause II. hereof then in the former of the said caseg the Minister on behalf of His Majesty shall forthwith transfer or procure a re-transfer to the Company of the railway property and lands aforesaid and in the latter of such events shall transfer or procure a re-transfer to the Company of the portion of the said lands which the Commissioners have failed to use or to continue to use. SCHEDULE 18 GEO. V.] Altma Railway. [No. 3517 SCHEDULE—continued. whereof the parties hereto have executed these presents the day and the year first ahove written. IN WITNESS THE COMMON SEAL of ALTONA BEACH ESTATES LIMITED was ( hereunto affixed by Arthur Lancelot Rickard and Arthur f Bernard Davies two of the Directors of the said Company in the presence of E. A. LIVI, Secretary. SIGNED SEALED and ARTHUR L. RICKARD A. B. DAVIES (L.S.) DELIVERED^ by the Honorable John Allan }• JOHN ALLAN in the presence of J H. T. VICKERS, Secretary to the Premier. THE COMMON SEAL of ARTHUR RICKARD AND CO. LIMITED was hereunto affixed by its Attorneys Arthur Lancelot Rickard and Theophilus Corbett in the presence of F. R. SNOWBALL, Secretary. ARTHUR L. RICKARD T. CORBETT (L.S.) (L.S.) 77
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