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(46)
the north by Bayley Street, Bedford Square, Montague
Street, and Russell Square), was to be supplied within two
years after the passing of the Act (25th August 1883).
The Order further stipulated that the Company were to
set aside £20,000 as a separate Capital, for the purposes of
carrying this into effect, and also to deposit a sum of
£2,000 with the Board of Trade, within six months of the
passing of the Act, as a security for the Undertaking.
The Order (No. 6) Act authorized the Pilsen-Joel and
General Electric Light Company, Limited, to supply electricity
within an area lying south of New Oxford Street
and High Holborn, and including Little Queen Street and
Gate Street.
This Company was to appropriate £11,500 as a separate
Capital, with a deposit of £1,000 within six months from
the passing of the Act (25th August 1883.)
Neither of the two Companies referred to made the
necessary deposits, but on the 25th day of January, 1884,
the Metropolitan Brush Company, and the 7th day of
February, 1884, the Pilsen-Joel and General Electric Light
Company, applied to the Board of Trade for extension of
the time for making such deposits, the first-named Company
asking for six months' extension, and the latter Company
for twelve months' extension.
The Board of Trade asked for your opinion as to
granting such extensions of time, and, on your objecting
to the same, the applications were refused by the Board of
Trade.
The result of the whole proceedings, after much labour
and heavy expense to your Board, is, that with the exception
of a form of Provisional Order which it may be