Minutes Tue 18 Oct 1825

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Tue 18 Oct 1825

Summary

Half Yearly General Meeting. Tonnage £2856 4s 1d. Balance after wages, etc, £1983 14s. Dividend of £10 declared.
Tonnage on timber to be lowered to the sum of 2d per ton per mile.
A Horse Towing Path from Wallbridge to Framilode to be made as soon as the G&B Canal be completed.

Verbatim text

At a General half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn Stroud on Tuesday the 18^th day of October 1825
John Snowden Esq 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 Act of Parliament) and were examined and confirmed. It appears by the accounts that the sum of £2856..4..1 has been received for Tonnage, etc, from the 13th day of April to the 13^th day of October 1825, a part of which has been applied towards the payment of wages, disbursments, etc, & that there remains in the Treasurers hands (after paying the last dividend) the sum of £1982,.,14,,0,
Ordered that a dividend of Ten Pounds be paid on each Share by the Treasurer on the 1^st day of November next and that our Clerk do transmit circular Letters to all the Proprietors to inform them that they many draw upon the Treasurer or apply to him for payment of the same.
Ordered that the tonnage on Timber be lowered to the sum of two Pence per Ton per Mile.
Resolved that it is expedient a Horse towing path from Walbridge to Framilode be made as soon as the Gloster & Berkeley Canal be compleated.

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