Tue 14 Apr 1789
General Half Yearly Meeting. Tonnage £865 19s 9d. Balance after wages, etc, £853 15s 2½d. Dividend of £3 15s declared.
Considerable benefit to Company and country from last balance paid on coals. Sum not exceeding £500 for coals.
Mr Benjamin Grazebrook to pay £25 for half year tonnage and wharfage.
Mr Keck's parts of lock belonging to him to be put in good repair at his expense under direction of Mr Clowes.
Committee for next year: Sir George Paul, Edward Harford, John Allaway,Nathaniel Winchcombe, Richard Bigland, John Colborne, John Hollings, William Battersby, Joseph Harford, Henry Burgh, Benjamin Grazebrook, Joseph Cripps, Joseph Grazebrook.
A charitable society at Stroud given permission to import £20 worth of coal tonnage free for the benefit of the poor.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held this 14^th day of April 1789 at the George Inn in Stroud
Edw^d Harford Esq^r in the Chair.
The Minutes of the last Meetings were Read & confirmed.
The several Books and Account were produced respecting the affairs of the Company and examined and confirmed.
It appears by the Accounts that the Sum of Eight Hundred sixty five Pounds nineteen Shillings & nine pence have been received for Tonnage from the 14^th of October last to this day, a part of which have been applied towards the payment of Debts, Wages, etc there remains with a former Ballance in the Treasurers hands sum of £853..15..2½.
Ordered that a Dividend of £3..15 be made on each Share to be paid by the Treasurer on the first day of May next and that our Clerk do transmit circular Letters to those of the Proprietors who are absent from this Meeting to inform them that they may draw upon the Treasurer or apply to them for Payment of the same.
It appearing to this Meeting that considerable benefit has arrisen to the Company & the Country from the last ballance having been laid out in Coals.
Resolved unanimously that a Sum not exceeding Five Hundred Pounds be applied to the same purpose and the Coals to be landed at such Wharfs as the Committee may think proper.
Ordered that M^r Benj^n Grazebrooks Barges to and from Glocester and Bristol do pass and repass the Canal till the next Half Yearly Meeting in consideration of his paying Twenty five Pounds for Tonnage and Wharage during that time.
Resolved with the consent & approbation of M^r Keck that such part of the Lock that belongs to him according to agreement be now put in as good Repair as can be in its present form at the direction and under the direction of M^r Clews and so as in his Opinion to stand with safety for many years to come at the expence of M^r Keck, who shall in consideration thereof be exonerated from any further expence or Trouble.
The following Gentlemen are appointed a Committee or the ensuig year Viz:
Sir Geo: Paul, Jn^o Hollings, Nath Winchcombe, W^m Battersby, Edw^d Harford, Jos^h Harford, Rich^s Bigland, Hen^y Burgh, Jn^o Allaway, Benj^n Grazebrook, Jn^o Colborne, Jos^h Cripps, Jos^h Grazebrook.
Resolved that leave be given to a Charitable Society at Stroud to import 20^& worth of Coal, Tonnage free for the Benefit of the Poor.
