'Canal, with Aqueducts, Feeders and Reservoirs, from the Stort Navigation at or near Bishop's Stortford, in the county of Hertford, to join the River Cam, near Clayhithe Sluice, in the county of Cambridge, with a navigable Branch or Cut from the said Canal at Sawston to Whaddon, in the county of Cambridge;' by which certain subscribers were incorporated as "The Company of Proprietors of the London and Cambridge Junction Canal," and empowered to complete a navigable canal from Sir George Duckett's Canal, called the Stort Navigation, at or near Bishop's Stortford, through the parishes and hamlets of Bishop's Stortford, Hockerill, Birchanger, Stansted, Mount Fitchet, Ugley, Newport, Saffron Walden, Littlebury, Little Chesterford and Great Chesterford, Hinxton, Ickleton, Duxford, Whittlesford, Great Shelford, Trumpington, Cherry Hinton, Fen Ditton and Horningsea, to join the Cam below Clayhithe Sluice, in the parish of Horningsea aforesaid; and to make a branch or cut with proper aqueducts and other works, from the said canal at Great Shelford to Whaddon; and to make necessary works for supplying the said canal and branch with water. The company may also construct railways and inclined planes, should the same appear more advantageous, in any part of the line; but the proprietors are not to make any works within the park of Lord Braybrook, at Audley End, nor to take water from streams flowing into the same; nor to erect buildings between the park walls and the banks of the canal. There are also similar clauses respecting the estates of Shortgrove, Elsenham Hall, Elsenham Leys, and many others, the property of gentlemen living near the intended line. The streams, which feed that valuable conduit in the market place of Cambridge, called Hobson's Conduit, from which great part of the town and university obtain water, are by this act to be kept from injury or diminution. For completing the undertaking, the proprietors are empowered to raise £570,000 in shares of £100 each; and should this prove insufficient they may raise an additional sum of £300,000, either amongst themselves, or by the creation of new shares, or by mortgage, or by promissory notes; but no proceeding is to take place before £425,250 shall have been actually subscribed. For defraying the necessary expenses and paying interest the company may demand the following rates.
