Tue 10 Apr 1810
Half Yearly General Meeting. Tonnage £2190 5s 11½d. After wages, etc, £1685 0s 5½d. Dividend of £7 10s declared.
The Committee reported that Mr Cambridge had attended the Committee meeting on behalf of the principal landowners of that neighbourhood requesting permission to erect a large weir on the side of the canal between the swivel bridge and the Lock at Framilode to empty into the Severn for the purpose of taking the surplus water in a flood time. Mr Cambridge be allowed such a weir.
£100 to be added to coal concern capital, bringing it to £1500.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn in Stroud on Tuesday the 10^th of April 1810
Jos^h Grazebrook 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 £2190..5..11½ has been received for Tonnage, etc, from the 10^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 £300 for Property tax, the sum of £1685..-^s..5½^d.
Ordered that a Dividend of £7..10 on each Share be paid the the Treasurer on the first day of May next, and that our Clerk do transmit Circular Letters to all the Proprietors to inform them that them may draw upon the Treasurer or apply to him for payment of the same.
The Committee reported that M^r Cambridge had waited uon them at their Meeting yesterday on behalf of the principal Land Owners of the Neighbourhood, requesting permission to make a large Wier on the side of the Canal between the Swivell Bridge and the Lock at Framilode to empty into the Severn for the purpose of taking off the surplus water in a flood time. Resolved that M^r Cambridge be informed that We will allow him such Wier to be made upon its being done in the most substantial manner and upon the express Condition that We are indemnified in the mst secure manner for the said Wear being kept in compleat Repair and also from any damages that may happen at any time to the Canal in consequence of such Wear being made. And the Committee are requested to see that such Indemnity be given. Resolved that the further sum of £100 be applied to the Coal Concern making in the whole a Capital of £1500 employed in that Trade.
The following Gentlemen are appointed a Committee for the ensuing year:
Samuel Wathen, Ja^s Tyers, Sir Sam^l Wathen, Jn^o Hawker, Rowles Scudamore, W^m Stanton, Jos^h Grazebrook, Tho^s Holbrow, Nath^l Wathen, Henry Eycott. Nath^l Jones, Alexander Townsend, Henry Burgh.
