name of "The Company of Proprietors of the Exeter and Crediton Navigation," with power to raise £21,400, in two hundred and fourteen shares of £100 each, and an additional sum of £10,700, if necessary.
At the two extremities of this proposed navigation, basins were to be made, with the necessary accommodation of warehouses, wharfs, weighing beams, cranes, &c. Very heavy rates were allowed by this act, viz. for timber, 1s. per ton per mile, and all other articles, except manure and lime for manure, 6d. per ton per mile. An additional rate of 2d. per ton was also to be paid for entering any basin belonging to this navigation.
Notwithstanding these demonstrations, and the encouragement given by the legislature to the projectors by this favourable act, no further steps appear to have been taken for carrying its powers into execution; nor is there now much prospect of it.
FAL OR VALE RIVER.
30 Charles II. Cap. 11, Royal Assent 15th July, 1678.
THIS river has its source on the high grounds three miles east of the town of St. Columb Major, in Cornwall, whence it flows southwardly by the stream works on Tregoss Moor, and by other tin mines, to Grampound; thence through Golden Vale, and by Tregony to Trewarthenick, where it becomes of considerable width; and, after winding through the extensive woods and plantations belonging to Tregothnan, the elegant seat of the Earl of Falmouth, it opens into a considerable estuary, sometimes called the Mopus, which conducts through Garreg Roads to Falmouth Harbour, and thence into the sea at Falmouth Bay.
This is a tideway river; and an act was obtained in the reign of Charles the Second to improve it; but, in consequence of Tregony declining in the exact ratio with the growing importance of Truro, (which may be said to he the capital of Cornwall,) this navigation seems now to be of little consequence. The act is entitled, An Act for making navigable the River Fale or Vale, in the county of Cornwall.
