Page:Rivers, Canals, Railways of Great Britain.djvu/671



TONNAGE RATES.
The act of parliament passed in 1820, entitled,' An Act for maintaining navigable the River Ure, and its collateral Cuts, from its Junction with the River Swale, to the borough of Ripon, in the county of York,' states that the commissioners appointed under the former act had greatly improved the navigation of the river, and had made several short cuts connected therewith, and had borrowed several sums of money to enable them to make such improvements, and that such sums, with the interest thereon, now amount to £27,850; and that none of the commissioners now remaining are qualified to act, and that the navigation is falling into decay, certain of the creditors of the navigation are, at their desire, incorporated by the name of "The Company of Proprietors of the River Ure Navigation to Ripon," and empowered to raise amongst themselves, for the purposes of the act, the sum of £34,000, in two hundred shares of £170 each, and, if necessary, a further sum of £3,400, either amongst themselves, by the creation of new shares, or by mortgage of the tolls; and one hundred and sixty-four of the shares in this navigation are to be reserved for the holders of securities on the navigation, who may take them or remain creditors of the undertaking, at their option. The act also, as heretofore, authorizes the company to take the following

TONNAGE RATES.
And in proportion for a greater or less Quantity.

Vessels not passing a Lock on the Navigation, to pay no Tolls.

Goods remaining on Wharfs longer than Twenty-four Hours and less than Six Days, to pay Three-pence per Ton,and longer than Six Days, such Rate as may be agreed on.

The act also directs that the company expend £3,000 in repairs of the navigation within five years from the passing of the same.