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A general history of inland navigation, foreign and domestic : containing a complete account of the canals already executed in England, with considerations on those projected, to which are added, practical observations / by J. Phillips
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INLAND NAVIGATION.

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The author next subjoins a copy of the proposals for executing thisgreat design.

Proposals (to be printed in all the public papers) for meetings to beheld at Bristol, Liverpool, and Hull, and at all the intermediate towns,and to invite the masters of the great furnaces and forges at Sambrook,Keinton, Tibberton, Upton-under-Haymon, Coalbrook Dale, Ketley,Horsey, Wytheyford, Moreton, Willey, Pitchford, Button, Longnor,'and all the large various iron manufactories lying upon the intendednavigation or Severn, to attend and concur with the land-owncrs in apetition to parliament. Then follows the form of the petition, and alsoa memorandum of the agreement or consent of the land-ownersthrough whose lands the canal is to pass, and the form of a subscrip-tion paper for raising the sum necessary for an application to parlia-ment. He next gives the proposals for raising the fund to defray theexpences of making and finishing the said canals, which will requirethe sum of one hundred and sixteen thousand pounds; which sum, itis intended, shall be divided into five hundred and eighty shares of twohundred pounds each ; and that no person shall have above twentyshares; and that the money shall be advanced by each subscriber inequal proportions, as the fame shall from time to time be wanted; andbear lawful interest from the paying such sums till the navigation shallbe completed; and from the time of the completion thereof, to receivethe proportion of the profits arising thereby, according to their respec-tive shares, which shall be made transferable by a form prescribed inthe act.

The following are the resolutions agreed to :

“ At a very numerous meeting of noblemen, gentlemen, land-owners,traders, and manufacturers, held at the sign of the Star at Stafford, theloth day of August 1766, it was unanimously agreed,

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That