When the sum annually raised for the necessary expenses shall exceed what is required for carrying on the work, and for paying a dividend on the shares at the rate of £5 per cent, then the remainder shall be appropriated to paying off the sums originally subscribed; and when these are all paid off, the rates are to be reduced, as far as regards the first articles described in the foregoing scale of rates, to 3½d. per ton per mile; the other articles to be paid for as before.
The sum, estimated under the first act, does not appear to have been sufficient for completing the road, as in 1827 a second was obtained under the title of 'An Act for enabling the Company of Proprietors of the Nantlle Railway to raise a further Sum of Money for completing the said Railway and other Works.' By this act the further sum of £70,000 was directed to be raised by mortgage of the works, and the rates were ordered not to be reduced till all the debt both of shareholders and mortgagees should be paid.
A third act was obtained in 1828, entitled, 'An Act for extending the Time of completing the Nantlle Railway and other Works connected therewith, in the county of Carnarvon.' This act, like the second, is very short, merely giving the further space of five years for completing the work.
NARR RIVER.
24 George II. Cap. 19, Royal Assent 22nd May, 1751.
10 George III. Cap. 27, Royal Assent 12th April, 1770.
THE River Narr Navigation, commencing at King's Lynn, runs for some distance from that town towards the south, in a direction nearly parallel with the Eau Brink Cut on the Ouse; it then makes a detour to the south-east, after which it proceeds in a sinuous course to the east, leaving on the north Bilney Lodge and West Acre Abbey; on the south Narborough and Narford Halls; and terminating at Castle Acre, all in the county of Norfolk.
The first act for this undertaking passed in the year 1751, as 'An Act for making the River Narr navigable from the town and port of King's Lynn to Westacre, in the county of Norfolk,'
