...Railway, upon giving to the company three calendar months notice in writing of their intention, and upon payment of a sum equal to 25 years purchase of the annual profits, estimated on the average of the three then next proceeding years : provided that if such average...

...Government for a " Railway with all its hereditaments, stock, and appurtenances" at the end of 21 years is a sum equal to 25 years purchase of the annual divisible profits, estimated on the average rate of profits for the three years immediately preceding the purchase ; and...

...placed companies, and be disadvantageous to tho government. The scale of purchase ia fixed by the act " upon payment of a sum equal to 25 years' purchase of the annual divisible profits, istimated on the average of the three then next preceding years." The years to be chosen, therefore,...

...of 1844 authorised the purchase of Railways after the end of 21 years from the 1st January, 1845, on payment of a sum equal to 25 years' purchase of the annual divisible profits, estimated on the average of the three next preceding years. Twenty-five years' purchase of the net...

...Majesty, upon giving to the said company three calendar months' notice in writing of their intention, and upon payment of a sum equal to 25 years' purchase of the said annual divisible profits, estimated on the average of the three then next preceding years." We...

...ROAD Co. Hidden, 1. App. Div. 1921 RE COBOUBO AND GRAFTON TOLL ROAD Co. Hidden, J. written notice and upon payment of a sum equal to 25 years' purchase of the annual divisible profits, estimated on the average of the three next preceding years ; and, if these profits should be less than...

...Majesty, upon giving to the said company 3 calendar months notice in writing of their intention, and upon payment of a sum equal to 25 years' purchase of the said annual divisible profits, estimated on the average of the three then next preceding years ; provided...