Page:Rivers, Canals, Railways of Great Britain.djvu/439

Rh securities as a fund to be used in future, instead of making additional calls; and when such fund shall amount to £100,000, then the whole of the profits shall be divided, and until the fund shall amount to the said sum of £100,000, the dividends on the reserved fund shall be added thereto; but when by these means the £100,000 is made up, then the nett profits of the work and the dividends on the fund shall both be divided amongst the subscribers. When the annual dividends on shares amount to £10 per share, the company are bound to lower their tonnage rates £5 per cent. and when the profits do not amount to £10 per share per annum, then the deficiency shall be made up from the reserved fund. The following are to be taken as

TONNAGE RATES.
Where the Amount of Tolls from shortness of Distance do not amount to One Shilling per Ton, the Proprietors are empowered to demand that Sum.

Chaises, Gigs, Coaches and Passengers and Cattle, may pass on the Railroads on paying

Fractions of a Ton and of a Mile to be reckoned as the Quarters in that Fraction, and of a Quarter as a Quarter.

The proprietors may carry goods, &amp;c. of all descriptions upon the said railroad, and charge for the same, including the before mentioned rates, the following