cessary works for making and completing a navigable canal from Abernant, in Glamorganshire, to communicate with the River Neath in the town of that name, which canal will facilitate the conveyance of coals, ores, stone and timber, from the mines, quarries, woods and collieries on its line. They are also empowered to make use of the bed of the River Neath, wherever that may be useful or necessary for the completion of their plan, and they may make inclined planes, railways or rollers in any part, if deemed requisite. For these purposes they may raise £25,000, in shares of £100 each; and in case such sum should not prove sufficient, they may raise £10,000 additional, either amongst themselves, or on assignment of the rates. The shareholders are to receive £5 per cent, per annum, every year until the work is finished.
TONNAGE RATES.
| For all Iron, Goods, Wares, Merchandize and other Things, except as specified below | 4d per Ton, per Mile. |
| For all Iron Castings | 3d ditto, ditto. |
| For all Pig-iron | 2½d ditto, ditto. |
| For all Iron-stone, iron-ore, Coals, CuIm, Stone-coal, Coke, Cinders, Charcoal, Timber, Stone, Tiles, Clay, Bricks, Lime-stone, Lime and Manure of all Sorts | 1½d ditto, ditto. |
Fractions of a Mile and of a Ton to be taken as the Quarters therein, and of a Quarter as a Quarter.
No Tolls are to be paid by the Owners or Occupiers of the Melyn-y-court Furnace, Ynis-y-Gerwn Tin Mills and Aberdulais Forges, for any Goods conveyed between the last-named Place and the Ynis-y-Gerwn Tin Mills, or between the weir at the last-named Place and the Upper End of Llyntwrch.
Wharfs may be made and the charge for using them is to be determined by the company. Five pounds per cent, is to be reserved out of the clear annual profits, as a fund for repairs, till the same shall amount to £1,000, when it shall cease to be funded till the £1,000 is reduced to £500, and then it shall commence again. The company may also make railways and collateral cuts, with inclined planes on the same. Private individuals may build wharfs, &c. and charge the following
WHARFAGE RATES.
| For Coals, Culm, Lime-stone, Clay, Iron, Iron-stone, Lead or other Ores,Timber, Stone, Bricks, Tiles, Slates or Gravel | 1d per Ton. |
| For all other Goods, Wares or Things | 3d ditto. |
None of these to remain on the Wharfs, &c. more than Six Days, except those first enumerated, which may remain One Month on paying Three-pence per Ton. After the first Six Days the Owners are to pay for the next Ten Days, One Penny per Ton additional; after that Time, One Penny per Ton for every succeeding Day. Pleasure Boats and Boats used for the Purposes of Husbandry, are to pass on the Canal and Cuts free of Toll.
