Page:Rivers, Canals, Railways of Great Britain.djvu/582

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

Runcorn Gap, and there to terminate at the above-mentioned river. The length of the extension, including the new proposed basin at its termination, is three miles, two furlongs and eight chains, and on one level to the entrance of the basin, where there is to be a double lock, with a fall of 5 feet 6 inches to the level of average spring tide water at Runcorn Gap, which is 19 feet 6 inches above the sill of the Old Dock at Liverpool. The level of average neap tides at Runcorn, above Liverpool Old Dock Sill, is 11 feet 6 inches, and the level of the bottom of the basin and sill of entrance gates is 5 feet above it. The canal is to be 7 feet deep, and a branch is to be made to the west side of the basin terminating near the banks of the Mersey.

Its length is one furlong and seven chains, and level with the basin which is to be two hundred yards in length and fifty in breadth.

This act which received his Majesty's assent on the 29th May, 1830, and is entitled, 'An Act to consolidate and amend the Acts relating to the Sankey Brook Navigation, in the county of Lancaster; and to make a New Canal from the said Navigation at Fidler's Ferry, to communicate with the River Mersey at Widness Wharf, near West Bank, in the township of Widness, in the said county,' repeals the former acts of the 28th George II. and 2nd George III. and incorporates the proprietors under the title of "The Company of Proprietors of the Sankey Brook Navigation."

Previous to the passing of this act the navigation was divided into one hundred and twenty shares; it is now, however, to consist of four hundred and eighty of £200 each, the capital being £96,000; the proprietor, therefore, of one share previous to this enactment, is now entitled to four.

For the purpose of carrying into execution the intent of the act, the company are empowered to borrow, on assignment of the navigation as a security, the sum of £30,000; and for the purpose of creating a sinking fund for repayment of the sum borrowed, the company are required to set apart one-tenth part of the clear profits of the navigation.

As the previous acts are repealed, the following are the tonnage rates.