ADDENDA.

95

This act also contains some further regulations respectingthe management of the affairs of the companv, viz. respectingProxies; the day of annual meetings; the forfeiture of shares ;the claim of land owners to shares; and also respecting thesale or transfer of shares; enacting, that from and after the firstday of June, 1794, no transfer of any share shall be valid, un-less the deed of transfer shall be prepared by the clerk of thecompany, and executed in the presence of such clerk, or hisdeputy, appointed under his hand writing; and if the partiescannot attend as aforesaid, then to be executed by his attor-ney, lawfully constituted; the clerk to receive for his troubleof preparing and executing such transfer completely, no morethan ten J,hillings : also every letter of attorney shall be pre-pared in like manner by the clerk, and shall be executed in thepresence of two witnesses, and for preparing which, and filingthe fame, no greater fee shall be paid than two shillings andsix-fence'i and every such transfer as aforesaid shall be executedat the principal office of the said company.

Grand

Junction

Canal.

I have been more particular in describing the course andparticulars of this canal as well for the great advantages ex-pected 60 be derived from it, as for the great number of per-sons concerned in it either as proprietors or land owners, andfor the great interest the metropolis is supposed to have in it;its course is altogether through a line of country populous andwell cultivated; and the advantages to be derived, are ex-pected to be, many and great, as well to the several places onthe line, as to the city of London. This canal of ninety miles,by collecting the various produce of the heart of the kingdom,ought and no doubt will accumulate benefits sufficient to besensibly felt by the inhabitants of the metropolis.

GRANTHAM

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