Minutes Tue 9 Oct 1792

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Tue 9 Oct 1792

Summary

General Half Yearly Meeting. Tonnage £1179 5s. Balance £884 12s 5d. Dividend of £4 10s declared.
Committee agree with Thames & Severn Proprietors in lowering tonnage by up to 4d per ton from Newbridge.
Ben Grazebrook's barges to pay £60 for tonnage on canal for half year.
Mr Hill to be permitted to erect a warehouse against bridge without obstructing towing path for 1s per year. Must pay for any injury to bridge.
House to be built at Dudbridge for use of vendor of coals.

Verbatim text

At a General Half Yearly Meeting of the Prorpietors of the Stroudwater Navigation held this Ninth day of Octo^r 1792 at the George Inn in Stroud
Jos^h Cripps Esq^r in the Chair.
The Minutes of the last General Meeting were Read and Confirmed.
The several Books and Accounts were produced respecting the Affairs of the Company as directed by the Act of Parliament and Examined and Confirmed.
It appears by the Accounts that the Sum of One Thousand one Hundred seventy nine Pounds, five Shilling, has been received for Tonnages from the tenth of April last to this day, a part of which has been appropriated towards the Payment of the last Dividend, other part thereof have been expended in the Payment of Debts, Wages, etc there remains a Ballance in hand of £884..12^s..5^d. Ordered that a Dividend of Four Pounds ten Shillings be made on each Share, to be paid by the Treasurers on the first day of December next, and that our Clerk do transmit Circular Letters to those Proprietors who are absent from this Meeting to inform them they may draw upon the Treasurers or apply to them for Payment of the same.
Ordered that the Committee are empowered to agree with the Thames & Severn Proprietors in lowering the Tonnages of this Canal no exceeding 4^d per Ton from Newbridge if it should appear advantageous to this Company.
Ordered that M^r Benjamin Grazebrooks Barges do and from Glocester & Bristol do pass and repass the Canal till the next Half Yearly Meeting in Consideration of his paying Sixty Pounds for Tonnage & Wharfage during that time.
Ordered that M^r Hill be permitted to Erect a Warehouse against the Bridge, without the smallest degree of obstructing the Towing Path, in Consideration of his paying the Company 1^s per Year, and that if at any time it shall appear to the majority of the Committee that any Injury be done to the Bridge he do agree to pay such a Sum as the Committee shall direct for repairing the same. Ordered that the Committee be empowered to give Directions for Building a House at Dudbridge for the Use of the Vendor of Coals at that Place.

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