Minutes Mon 16 Oct 1786

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Mon 16 Oct 1786


General Half Yearly Meeting. Tonnage £625 13s 8½d, part of which has been used to pay debts. Balance £216 15s 10½d. Dividend of £3 15s declared.
Double Lock built by Mr Keck not completed to original contract, now in ruinous condition. Mr Keck to fulfil his agreement.
1s 6d per ton for stone and copper flags coming up canal to Stroud.
Mr Ben Grazebrook to pay £25 tonnage for barges to and from Gloucester and Bristol till next half yearly meeting.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held this Tenth Day of October 1786 at the George Inn at Stroud
Edward Harford Esq^r in the Chair.
The minutes of the last Meeting were Read and Confirm'd.
The several Books and Accounts were produced respecting the affairs of the Company, and examined and confirmed.
As it appears that the Dissent the 11^th of October 1785 was made contrary to the sense of the Meeting, Resolved that it be expunged from the Book.
It appears by the Account that the Sum rece'd for Tonnage from the last General Meeting to this Day amounts to the Sum of £625..12..8½ a part of which have been expended in the payment of Debts, etc, and the remainder a Balance in hand of £216..15..10½.
Ordered that a Dividend of £3..15 be made on each Share to be paid by the Treasurer on the 1^st Day of January next.
Ordered that our Clerk (before the Day of payment) do transmit circular Letters to those Proprietors who are absent from this Meeting to inform them that they may draw upon the Treasurer or apply to him for payment of the same.
It having been Reported by the Committee that the Double Lock built by M^r Keck has not been compleated agreeable to his original Contract, and is now in a ruinous Condition, Resolved that the Committee are desired to apply to M^r Keck to fulfill his agreement.
Resolved that all future General Meetings be held at Eleven O'Clock in the forenoon and the Proprietors then present do immediately proceed to Business and finish the Proceedings before Dinner. Also that the Proprietors have Notice given them of the same.
Ordered that one Shilling & sixpence per Ton be taken for Tonnage of Stone & Copper Slaggs comming up the Canal to Stroud & so in proportion for any less distance.
Ordered that M^r Ben^n Grazebrooks Barges to and from Bristol and Glocester do pass and repass the Canal till the next half yearly Meeting in consideration of his paying the Sum of Twenty five Pounds for Tonnage & Wharfage during that time.
Resolved that the Committee do give Instructions to Mess^rs Land & Whitcombe to proceed in the Business with the Successors of the late M^r Knight in order to bring the matter to a final Issue.

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