Page:Rivers, Canals, Railways of Great Britain.djvu/604

 £20,000, amongst themselves, by optional notes, or by mortgage of the rates as security; and also the sum of £45,000 for the formation of a fund for erecting the locks required on this navigation, which sum is to be raised and appropriated in the manner stated in a preceding part of this article. The subscribers to the lock fund are not to receive more than £10 per cent, per annum on their subscription, and the surplus to form a sinking fund for paying off the capital; and when that is paid off, the extra tonnage rate for supporting the locks to cease. The act authorizes the company to take the following

TONNAGE RATES.
Fractions of a Mile to pay for Haifa Mile, and of a Ton as a Quarter of a Ton; Rates for Wharfage to be determined by the Company.

In addition to the above Rates, One Shilling per Ton is paid on all Goods to the Lock Fund, which also receives Three Farthings per Ton from the Coal Canal company.

This canal is of great importance in the export of coal, with which the neighbourhoods of Paulton and Radstock abound. That useful article is thus forwarded eastward to the Kennet and Avon and Wilts and Berks Canals, by which it is supplied to places on their lines, and also to others on the borders of the River Thames; besides entirely supplying the city of Bath and a part of the neighbourhood of Bristol.

SPITTAL AND KELSO RAILWAY.
51 George III. Cap. 133, Royal Assent 31st May, 1811

THIS act is entitled, 'An Act for making and maintaining a Railway from or near Spittal, in the county of Durham, to or near Kelso, in the county of Roxburgh; and for erecting and maintaining a Bridge over the River Tweed, from the parish of Northam, in the county of Durham, to Coldstream, in the county of Berwick.' The part of the county of Durham in which Spittal