Tue 11 Apr 1809
Half Yearly General meeting. Tonnage = £2103 13s 9½. Balance after wages, etc, £1815 15s 1½. Dividend of £8 declared.
Tonnage on road stone raised to 2s per ton from Framilode to Stroud, and in proportion for any intermediate distance. Bounty not exceeding one half of the tonnage be granted on all road stone that may be landed at and above Stonehouse Cross on consideration that the same be removed from the Company’s Wharfs within twenty-eight days after its being landed.
Our Committee having referred to this meeting whether any mitigation of the penalty of £20 is due, resolved that the same be reduced £10, to be paid by John Lawrence, Joseph Davis and Samuel Golding if approved by the magistrates.
At a General Half Yearly Meeting of the Proprietors of the Stroud water Navigation held at the George Inn in Stroud on Tuesday the 11^th of April 1809
Nath^l 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 examined and Confirmed.
It appears by the Accounts that the Sum of £2103..13..9½ has been received for Tonnage from the 11^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, and the Sum of £1000 for Property Tax the Sum of £1815..15..1½. Ordered that a Dividend of £8 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. Ordered that the Tonnage on Road Stone be raised to two shillings per Ton from Framiload to Stroud in proportion for any intermediate distance. Also that a Bounty not exceeding one half of the Tonnage be granted on all Road Stone that may be landed at and above Stonehouse Cross on consideration of the same being removed from the Companys Wharfs within twenty eight days after its having been landed.
Our Committee, having referred this Meeting to determine whether any mitigation should be made to the Penalty of Twenty Pounds inflicted by two of his Majestys Justices of the Peace on John Lawrence, Joseph Davis and Samuel Golding for having cut five openings in the towing path on the lower levell of the Canal. Resolved that the same be reduced to Ten Pounds to be paid by each of the individuals above name, if approved by the Magistrates and that the above Resolution be notified by a letter to them to be signed by the Chairman on behalf of this Meeting, with thanks for their attention to the complaint brought before them by our Committee.
The following Gentlemen are appointed a Committee for the ensuing year Viz^t:
Samuel Wathen, Sir Samuel Wathen, Benj^n Grazebrook, Rowles Scudamore, Joseph Grazebrook, Nath^l Wathen, Nath^l Jones, Henry Burgh, James Tyers, John Hawker, Tho^s Holbrow, Will^m Stanton, Henry Eycott.
