Paragraph 4

In the Schedule to Price’s Patent Candle Company Limited Act 1912, after paragraph 12 there shall be inserted the following paragraph:—

“12A

Subject to the provisions of section XIX (Borrowing powers) of Price’s Patent Candle Company’s (Limited) Act 1857, to borrow and raise money for the purposes of the undertaking of the Company in any manner and secure the repayment of any money borrowed, raised or owing by mortgage, charge, standard security, lien or other security upon the whole or any part of the Company’s property or assets (whether present or future) including uncalled capital, and also by similar mortgage, charge, standard security, lien or other security to secure and guarantee the performance by the Company of any obligation or liability to which the Company may become subject.”.