Page:Rivers, Canals, Railways of Great Britain.djvu/255

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borrowing the same on security of the works. In this act power is given to the Exchequer Bill Commissioners to advance the further sum of £50,000, in part of the sum of £60,000 the company is authorized to borrow by this act.

The last act relating to this navigation received his Majesty's assent on the 5th of May, 1826; and it is entitled, An Act to alter and amend the Edinburgh and Glasgow Union Canal Acts, and to enable the Company to borrow a further Sum of Money; in the preamble of which it is stated, that they have opened the canal, but as the reservoirs, authorized by the first-recited act, are not yet entirely completed, and the restricted time for executing the above works being nearly expired, the acts are in consequence directed to be continued in force.

The power which was given in the act of 57th George III. to make a reservoir at Fannyside Loch, is hereby repealed, and authority given to make one in lieu of it, in the parishes of Torphichan and Slamanan; and the proprietors are allowed to raise the further sum of £60,000, either by the creation of new shares, or by borrowing on the credit of the funds and property of the company, who have power to allocate the whole debts of the company, by burthening each original share with its proportion of the debt; or they may divide the whole debt into new shares of £50 each; and it is enacted that no dividends shall be made until the debt be reduced to £100,000.

The primary object of this navigation was to effect an inland communication between the cities of Edinburgh and Glasgow; to the former of which it must be essentially serviceable, in consequence of the increased facilities afforded to the transit of lime, coal, stone, &c. which abound in its course.

ELLESMERE AND CHESTER CANAL.

12 Geo. III. C.75, R. A. 1st Apr. 1772.

17 Geo. III. C. 67, R. A. 2nd June, 1777.

18 Geo. III. C. 21, R. A. 27th Mar, 1778.

33 Geo. III. C. 91, R. A. 30th Apr. 1793.

36 Geo.III. C. 71, R. A. 26th Apr. 1796.

36 Geo. III. C. 96, R. A. 14th May, 1796.

41 Geo. III. C. 70, R. A. 20th June, 1801.

42 Geo. III. C. 20, R. A. 15th Apr. 1802.

44 Geo. III. C. .54, R. A. 29th June, 1804.

50 Geo. III. C. 24, R. A. 6th Apr. 1810.

53 Geo. III. C. 80, R. A. 21st May, 1813.

7 & 8 Geo. IV. C. 102, R. A. 21st June, 1827.

11 Geo. IV. C. 51, R. A. 29th May, 1830.

THIS canal commences from the tideway of the River Mersey, at Ellesmere Port, about two miles east of Hooton Hall, the seat