Page:Rivers, Canals, Railways of Great Britain.djvu/202



TOLLS FOR PASSING ON THE TOWING PATHS.
And so in proportion for any greater or less Number.

Forty Cubic Feet of Round, and Fifty Cubic Feet of Square Oak, Ash, Elm, or Beech Timber, and Forty Feet of Fir or Deal, Balk, Poplar, Birch, or other Timber or Wood, not cut into Scantlings, shall be deemed a Ton.

Boats under Twenty Tons, not to pass any Lock without leave, unless Tonnage is paid for that Weight.

A clause is introduced in this act, securing to the corporation of London, as conservators of the Thames, the annual sum of £40, as a compensation for any diminution which may arise in the tolls and duties made payable by an act of the 17th of George III. for particulars of which, see article, 'Thames River.'

Mr. John Rennie and Mr. Ralph Dodd were the engineers originally employed upon this canal.

In 1808 the company found it necessary to apply again to parliament for an act to enable them to raise more money, which is entitled, An Act for enabling the Company of Proprietors of the Croydon Canal, to complete the same, by which it appears, that of the £50,000 and £30,000 authorized to be raised by the former act, they had obtained, by subscription, £47,508, and borrowed the sum of £20,357, and from rents of land and sale of timber and clay, £195, 16s. 6d. making, together, £68,060, 16s. 6d. the whole of which had been expended on the works, with the exception of a balance of £449, 19s. 1d.; and that to complete the works and repay the money borrowed, the sum of £30,000 will be required, which sum the act of 48th George III. enables them to raise, by creating new shares, or by promissory notes under the common seal of the company, or by mortgage.

Three years after the passing of the last act, an application was again made to parliament, when another was obtained, entitled, Act for enabling the Company of Proprietors of the Croydon Canal, to raise Money to complete the said Canal and Works; and for amending the former Acts relative thereto, in the preamble of which it is stated, that the company have raised the sum of £30,000, authorized by the last-recited act, by creating new shares of the value of £19,900, and by borrowing, on mortgage, the sum of £10,100; and they have, by virtue of the powers