securities as a fund to be used in future, instead of making additional calls; and when such fund shall amount to £100,000, then the whole of the profits shall be divided, and until the fund shall amount to the said sum of £100,000, the dividends on the reserved fund shall be added thereto; but when by these means the £100,000 is made up, then the nett profits of the work and the dividends on the fund shall both be divided amongst the subscribers. When the annual dividends on shares amount to £10 per share, the company are bound to lower their tonnage rates £5 per cent. and when the profits do not amount to £10 per share per annum, then the deficiency shall be made up from the reserved fund. The following are to be taken as
TONNAGE RATES.
For all Lime-stone | 1d per Ton, per Mile. |
For all Coal, Lime, Dung, Compost, Manure, and Materials for Roads | 1½d ditto. ditto. |
For all Coke, Culm, Charcoal, Cinders, Stone, Sand, Clay, Building, Paving and Pitching-stones, Flags, Bricks, Tiles and Slates | 2d ditto. ditto. |
For all Sugar, Corn, Grain, Flour, Dye Woods, Timber, Staves, Deals, Lead, Iron and other Metals | 2½d ditto. ditto. |
For all Cotton and other Wool, Hides, Drugs, Manufactured Goods, and all other Wares, Merchandize, Matters or Things | 3d ditto. ditto. |
Where the Amount of Tolls from shortness of Distance do not amount to One Shilling per Ton, the Proprietors are empowered to demand that Sum.
Chaises, Gigs, Coaches and Passengers and Cattle, may pass on the Railroads on paying
For every Person travelling thereon, not more than Ten Miles, in any Vehicle | 1s 6d. |
For ditto exceeding Ten Miles but not above Twenty Miles | 2s 6d. |
For ditto above Twenty Miles | 4s 0d. |
For every Horse, Mule, Ass or other Beast of Draught or Burthen, and for every Ox, Cow, Bull or Neat Cattle, carried in or on such Carriage, not exceeding Fifteen Miles | 2s 6d. |
For ditto exceeding Fifteen Miles | 4s 0d. |
For every Calf, Sheep, Lamb or Pig, any Distance | 0s 9d. |
Fractions of a Ton and of a Mile to be reckoned as the Quarters in that Fraction, and of a Quarter as a Quarter.
The proprietors may carry goods, &c. of all descriptions upon the said railroad, and charge for the same, including the before mentioned rates, the following
CARRIAGE RATES.
For all Lime, Lime-stone, Dung, Compost, Manure and Materials for Roads, Stone, Sand, Clay, Building, Pitching and Paving-stones, Tiles, Slates, Timber, Staves and Deals | 8s 0d per Ton. |