Page:Rivers, Canals, Railways of Great Britain.djvu/537

 on the same they are to raise £20,000, in shares of £100 each; and should this prove insufficient, they may obtain a further sum of £10,000 by mortgage. They are also empowered to demand as

HARBOUR RATES.
Ships in his Majesty's Service, Custom, Excise and Post-Office Vessels are exempted from these Rates.

Persons using these works are also to pay according to the following schedule for

WHARFAGE RATES.
When the dividends exceed £20 per cent thea these rates are to be reduced. The work was laid down by Mr. James Pinkerton, and the total estimate, including breakwater and harbour, 800 feet by 300 and 24 deep, was £16,449, 9s. 7d.

This is a very useful undertaking; affording great facilities to the shipping of coal and other articles brought down by the canal to the harbour.