Tue 12 Oct 1802
General Half Yearly Meeting. Tonnage £1681 15s 4d. Balance £1301 12s 1½d. Dividend of £6 declared.
Agreement between Mary Cambridge, widow of Richard Owen Cambridge, and Charles Owen Cambridge and the Company of Proprietors of Stroudwater Navigation to pay £26 in part of expense of erection of new weir on banks of their mill pond, in parish of Wheatenhurst and to make an embankment on site of present dilapidated weir erected by Company.
Future Half Yearly Meetings to start at 1pm to ensure business completed before dinner.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn in Stroud on Tuesday the 12^th of October 1802
Samuel Wathen 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 Accoutns that the sum of £1681..15^s..4^d has been received for Tonnage, etc, from the 13^th of April 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 £1301..12^s..1½^d. Ordered that a Dividend of £6 on each Share, be paid by the Treasurer on the first day of November 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.
An agreement having been produced between Mary Cambridge Widdow of the late Richard Owen Cambridge and Charles Owen Cambridge on the one part, and the Company of Proprietorys of the Stroudwater Navigation on the other part, wherein the said Company agree to pay the parties before mentioned the Sum of 26^£ in part of the expence of the erection of a new Weir on the Banks of the Mill Pond of the said partied, situate in the Parish of Wheatenhurst, and also to make a good and sufficient embankment on the scite of the present dilapidated Wier erected by the Company, provided that they be exonerated and saved harmless from any future expence whatsoever either for the erection or repair of the Stone Weir now intended to be made, or of any other that may at a future time become necessary, Resolved that this Agreement (which is fully approved) be forthwith executed on the part of the Company, and that the Clerk be hereby authorized to affix the Common Seal of the Company thereunto.
A motion having been made, seconded and agreed to, nomine contradicente, that it would be desirable at the Half Yearly Meeting of the Company to be holden in future to examine the Accounts, and transact the whole business of the day before the hour of Dinner, Resolved that the business shall on future be commenced at precisely one o Clock post meridiem at which hour the Chair shall be taken, and the business concluded before dinner, ant that this alteration be duly notified in the Advertizements usually inserted in the Glocester Journal previous to the holding of the General Half Yearly Meetings.
