Page:Rivers, Canals, Railways of Great Britain.djvu/361



TONNAGE RATES.
For Lime, Lime-stone, Manure, or Materials for Roads, Half the above Tolls.

The necessary preparations being made, and the plans, projected in the outset of the undertaking, being completed, the company entered upon the work, but after they had proceeded for some time in the execution of the powers invested in them, they found that the funds raised under the authority of this act were insuflicient for the extent and magnitude of their scheme; they therefore again applied to parliament, and obtained a second act, which received the royal assent on the 9th July, 1800, entitled, An Act for enabling the Horncastle Navigation Company to raise a further Sum of Money to complete the said Navigation, and for amending an Act passed in the Thirty-second Year of the Reign of his present Majesty, for making and maintaining the said Navigation.

The preamble of this second act states that they have raised, under the first act, the sum of £15,000, and great part of the further sum of £10,000 therein directed to be raised; all which monies have been expended on the works; they are therefore authorized to raise, by subscription amongst themselves, or by the admission of new subscribers, or by mortgage, or on bond, the further sum of £20,000 for the purposes of the said act, and for remunerating the subscribers for the additional contributions, the following are granted as

ADDITIONAL TONNAGE RATES.
For all Lime or Lime-stone used for Manure, and for all other Kinds of Manure or Materials for repairing Highways, in the various Cases as above, Half of the said additional Rates per Ton shall only be charged.