Tue 14 Apr 1801
General Half Yearly Meeting. Tonnage £2966 18s 7½d. Balance £2593 12s 8½d. Dividend of £10 declared. £500 of balance to be added to the capital employed in the coal trade.
Damage to bridges and locks on Navigation by carelessness of some bargemen. After 1 May no bargeman to navigate canal with sails hoisted. £5 payment for offence contrary to regulation. Bye law to be added to Table of Rules and Orders.
Committee for next year: Rev William Ellis,Rev Joseph Colborne, Samuel Wathen, John Allaway, Joseph Grazebrook, Rowles Scudamore, Joseph Harford, William Battersby, Joseph Cambridge, Edward Wood, Nathaniel Jones.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn in Stroud on Tuesday the 14^th of April 1801
Samuel Wathen Esa^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 £2966..18^s..7½^d has been received for Tonnage, etc, from the 14^th of October last to this day, a part of which has been applied towards the payment of Wages, Disburstments, etc, there remains in the Treasurers hands after paying the last Dividend the Sum of £2593..12^s..8½^d.
Ordered that a Divident of 10^£ on each Share be paid by the Treasurer on the first day of May next and that our Clerk do transmit Circular Letters to all the Proprietors to inform them they may draw upon the Treasurer or apply to him for payment of the same.
Resolved that 500^£ be taken from the Ballance of 2593^£..12^s..8½^d in hand above mentioned and added to the Capital employed in the Coal Trade.
Whereas it is stated to this Meeting that considerable damages have been done to some of the Bridges and Locks on the Navigation by the carelessness of some of the Bargemen in carrying Sails while passing up and down the Canal, It is hereby enacted and declared that from and after the first day of May next ensuing the Date hereof no Bargemen shall be allowed to navigate the Canal with Sails hoisted. And it is hereby enacted and declared that from and after the 1^st day of May next, every Owner of Owners of any Barge or Barges that shall be convicted of any offence contrary to the true intent and meaning of this Regulation shall forfeit and pay the sum of £5 to be recovered as the Law directs. And it is further ordered that a Duplicate of this Bye Law be made out and our Corporate Seal be thereto affix'd and the same be recorded amongst our proceedings, And that this Bye Law be published by inscribing the purport thereof upon the Table of the Rules and Orders concerning the Navigation of the Canal.
The following Gentlemen are appointed a Committee for the ensuing Year, Viz:
Rev^d Will^m Ellis, Joseph Harford, Rev^d Jos^h Colborne, Will^m Battersby, Sam^l Wathen, Jos^h Cambridge, Jn^o Allaway, Nath^l Wathen, Benj^n Grazebrook, Edw^d Wood, Joseph Grazebrook, Nath^l Jones, Rowles Scudamore.
