Page:Rivers, Canals, Railways of Great Britain.djvu/338

 of four miles of canal from the said basin to the Camberwell Road, and that they had paid off part of the mortgage debt due from them, the act empowers them to make a collateral cut, from the canal opposite the Commercial Docks in Rotherhithe, along the east side of the canal, and parallel thereto, to communicate with the basin aforesaid, at the lower end thereof, near the Thames; whereby vessels, using the canal or its cuts, might go into the Thames without passing through the basin; for this purpose, and that of liquidating their debts, they are empowered to raise no less a sum than £150,000, in addition to the money already subscribed, in shares of £100 each, or by promissory notes, or by mortgage, or by annuities. By this act also, certain privileges are secured to the Croydon Canal Company, the Commercial Dock Company, the Kent Water Works' Company, and the city of London. Some of the former tolls are repealed, and the following is declared to be the scale of the future tonnage and dockage rates.