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 of fresh shares, or by mortgage, or by promissory notes. And, for reimbursing themselves, they are empowered to claim a the following

TONNAGE RATES.
Fractions to be taken as a Quarter of a Mile and a Quarter of a Ton; and Vessels passing Locks with less than Twenty Tons of heavy Goods, to pay for Twenty Tons.

The Proprietors have the Power of reducing the Rates, and of again advancing them to the Sums specified above, as Circumstances may allow; but they are not to reduce the Sums of Two Shillings and Sixpence and Two Shillings and Nine-pence per Ton, on Coal and Coke conveyed on the Leicestershire and Northamptonshire, and Oxford Canals, respectively, without Consent from those Companies; and no other Reductions are to be made without Consent of the Companies interested therein.

The Grand Union Canal Company may erect wharfs and warehouses for receiving goods, and make charges for wharfage, &amp;c. in addition to their tonnage rates; and owners of lands, lords of manors, and others, having property on the line of navigation, may erect wharfs on the canal or collateral cuts; they may also erect bridges, stiles, &amp;c. at their own cost, the consent of the company being first obtained.

The plans and estimate of the Grand Union Canal Were made by Mr. B. Bevan, in the year 1810. The cost of making the said canal, with the branch or collateral cut to Welford, was estimated at £219,000, including the expenses of tunnels and twenty-one locks. The subscription list contained names for two thousand two hundred and fifty-six shares and a half, or £225,650, and, consequently, the work was immediately undertaken.