Tue 13 Jul 1802
Meeting at Upper Thames Street, London
(Printed copy and associated papers circulated to all proprietors available at TS/263)
Report of the committee on the present state of the company read and resolved to be printed.
Resolved that the sum of £2342. 10s. 0d being a sum equal to 2 per cent on the company’s debt of £104,425 due on mortgage and on £12,700 due on bond amounting to £117,125 be paid to the treasurer (J S Salt of 80 Lombard Street) to each mortgagee and Bond creditor on the 16th of August next on account of interest due to them respectively.
Some boats and vessels at the discretion of the committee to be sold or let for hire to such persons willing to enter upon the carrying trade on the canal.
Lancelot Shadwell Junior Esq to be added to the Committee of Trade.