Navigation Canal Project Proposed at Walden Ferry Derby
A large meeting of landholders and merchants at Wolsley Bridge Staffordshire on December 30 1765 agreed to petition Parliament for a canal from the River Trent near Wilden Ferry to the River Mersey. Subscriptions totalling about 101000 pounds would be divided into 505 shares with transfer rights and fourteen day entry periods. Subscribers would gain votes by shares, receive five percent interest, and be repaid if not required. Provisions covered land damages, tolls, proxy voting, and appointment of directors and commissioners.
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