Minutes Tue 14 Apr 1812

< >

Tue 14 Apr 1812

Summary

Half Yearly General Meeting. Tonnage = £2530 10 9d. Balance after wages, etc, £2089 17s 7d. Dividend of £9 declared.
The application made by Mr Harford, agent to the Thames & Severn Canal, for making a horse towing path from Wallbridge to Framilode was rejected meeting.
It having been reported that considerable quantities of corn is now being brought by land from Gloucester, and that if the tonnage on corn was reduced it would be the means of bringing up the canal, tonnage on corn coming up the canal to Wallbridge is to be 2s 6d per ton, and so in proportion for any less distance.

Verbatim text

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 1812
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 £2530..10^s..9^d had been received for Tonnage from the 8^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 £2089..17^S..7^d. Ordered that a Dividend of £9 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 that they may draw upon the Treasurer or apply to him for Payment of the same.
The following Gentlemen are appointed a Committee for the ensuing year, viz:
Sir Samuel Wathen, Rowles Scudamore, Jos^h Grazebrook, Will^m Stanton, James Tyers, Tho^s Carruthers, Henry Eycott, Alex^r Townsend, Nathaniel Jones, John Holbrow, John Morgan, John Snowden, Thomas Holbrow.
Having taken into consideration the application made to this Company by M^r Harford, Agent to the Thames & Severn Canal for making a Horse Towing Path from Walbridge to Framiload, The Question having been put, it was negatived by a General voice of this Meeting, it appearing to be a work attended with much expence without a prospect of any adequate advantage. ~~~ It having been reported to this Meeting that a considerable quantity of Corn is not brought by Land from Gloucester, and that if the Tonnage on Corn was reduced it would be the means of bringing it up the Canal,
Ordered that from this day the Tonnage on Corn coming up the Canal to Walbridge be fixed at 2/6 per Ton and so in proportion for any less distance.

< >