Page:Rivers, Canals, Railways of Great Britain.djvu/232

 of which we learn, that a considerable portion of the work, authorized by the preceding act of the 33rd George III. had been done, but that the sumns they were empowered to raise by the above act being insufficient, the proprietors obtained power to raise among themselves, in proportion to their respective shares, (which amount to the sum of £175,325, deducting the sum of £6,000, which was directed to be raised by mortgage of the undertaking, or by the admission of new subscribers,) the sum of £40,000, which shall be raised and be made payable in the same way as if the whole sum of £40,000, authorized to be raised by the last-recited act, had been paid. The calls to be made in respect of the last-mentioned sum, is not to exceed, at any one time, the sum of £3 per cent. on the sum of £175,325, deducting the sum of £6,000 borrowed, or to be borrowed on mortgage, save and except two calls of £6 per cent, each on the above sum, to be made in March and September next ensuing the passing of this act. The proprietors have power to raise the above sum of £40,000, by mortgage of the undertaking, should they prefer it to the mode above-recited; or the company's committee may borrow the above sum on their bond.

The depth of this canal is 5 feet, and width of the locks 7 feet; and the principal articles carried upon it are coal, iron-stone, lime, lime-stone, and manufactured iron goods; but in consequence of the communication which is effected with the Severn, by means of the Stourbridge Navigation, and by the Worcester and Birmingham Canal to the town of Birmingham, and thence, by numerous canals, to all parts of the midland counties and the eastern ports, a general and very extensive trade has been established upon this truly useful and improving navigation.

DUFFRYN LLYNVI AND PORTH CAWL RAILWAY.
6 George IV. Cap. 104, Royal Assent 10th June, 1825.

10 George IV. Cap. 38, Royal Assent 14th May, 1829.

THIS railway commences at the harbour of Pwll, or Porth Cawl, near Newton Nottage, in Glamorganshire, whence it proceeds by the above-named village, South Corneley and North Corneley, to Pyle, then taking an eastwardly course by the iron