For executing the work, £13,000 is to be raised in shares of £100 each; and should this prove insufficient, a further sum of £7,000 may be provided, by the creation of new shares or by mortgage of the rates. The following are allowed as
TONNAGE RATES.
| For all Goods, Wares, Merchandize and Things | 2s 0d per Ton. |
| For all Coals or Coke | 1s 6d ditto. |
| For all Manure | 0s 6d ditto. |
Fractions of a Ton to be reckoned as the Quarters therein, Land-owners to carry Manure free of Toll.
Lords of manors and others may build wharfs for public use, and charge the following
WHARFAGE RATES.
| For all Minerals, Timber or other Goods, remaining not longer than Twenty-four Hours | 3d per Ton. |
| For ditto remaining above Twenty-four Hours and not above Thirty Days | 6d ditto. |
| After that Time | ½d ditto, per Day. |
Coal, Iron and Lime,stone may remain on the Wharfs for Three Months, on payment of Sixpence per Ton.
This canal begins at the town of Newport Pagnell, 180½ feet above the level of the sea, and proceeding in a north-easterly direction it unites with the Grand Junction Canal at Linford, at a level of 232\BC feet above the sea. The estimate for this work was made in 1813 by Mr. B. Bevan. He calculated the cost to be £12,650, of which, £9,700 was subscribed; the shares were made of the value of £100 each, but half and quarters were allowed. The canal from Newport to its opening into the Grand Junction Canal is only a mile and a quarter long, with a rise of 50 feet 9 inches, from Newport to the level of the Grand Junction near the Swing Bridge, which is effected by seven locks of 7 feet 3 inches each.
The conveniences afforded by this communication with the Grand Junction Canal in the transit of coal, agricultural produce, timber, deals, stone and groceries, are important to the town and neighbourhood of Newport Pagnell.
