Volume Three - The Pontoon Era - The Taff Vale Railway Act, 1908 . . .

There shall be paid to the registrar by the company on such copy being registered the like fee as is for the time being payable under the Companies Act 1862 on registration of any document other than a memorandum of association.

10. All costs charges and expenses of and incident to the preparing for obtaining and passing of this Act or otherwise in relation thereto shall be paid by the Company.

Whereas negotiations have taken place between the parties hereto with a view to the provision of improved facilities for the repair of vessels within the precincts of Penarth Dock and Harbour :

1. The Slipway Company will surrender to the Taff Company their existing lease.

2. The Taff Company will on surrender grant to the Slipway Company and the Slipway Company will accept for the term of sixty years at the rent of one hundred pound per annum a lease of the portion of old site A and also the new site including water space B as shown on plans agreed and annexed hereto. The lease shall contain all proper covenants and conditions applicable to the circumstances including the special covenants set out in the schedule hereto.