Martinsburgh gazette. [volume] (Martinsburgh, Va. [W. Va.]) 1810-1825, 1823-11-20

nent of the United States 10 ncrn,iase the said
ioAn. each state and corporation sss provide the
amount OF ITS respective subscriptions, in such
manner as may seem to it best
That the maximum profit Of the said Comp.
ny shall Tot exceed Is percent. A-.sr the en-.
ire canal shall have been completed; but If st
any line after the completion OF the EASTERN
Section thereof, and before sufficient funds shan
nave been otherwise provided for the conolr.
| ton Of the Western. the tolIs of the Canal shall
we'd anett income 10 the stockholders exceed
Rg 40 per cent per amman, such exces, shsll
be applied towards the extension of the canal
! until the Western Section shall have been com.
p'eted; and To give more speedy effect To this
! provision, The President and Directors OF the
Chesapeake and OHIO Canal Company shall be
authorized 70 borrow, or may negotiate. thro'
suitsble agency, m Oehai. ct the Corapsnv on
the credit OF such excess, or on the tolls or n
sixec part thereof, levied upon certsn commodi.
lies passing thro' the said Canal, being the uro.
! babe amount at such annual excess. such sums
u money rs may DC deemed expedlent. by a
general meeting Of the stoekh0ldrrs, 10 be an.
pied to The extension oil The Western Section
OF the Canal, from time to time, till the said
section shsil have been completed. And IT, af.
Ter the completion of the entire canal. the nett
difniends shall exceed Is per cent per ann,,n,,
ening the woTksoi TIE canal. next, to the null
uiiieatIono OF ascending loces from the river Pc
ton'sc 10 the level VI the canal, wherever the
convenience OF the adjacent country may re-
qutre II: BeN. 20 Inning the canal throughout
Win such walls ct stone as shaA accommodate
it's banks To the use II steam boat. aud should
tive nett dividends ,lexceed Il per cent. then
the excess shall be applied TO the reduction. &C.
cording 10 ne equitable scale Of tue tolls le.
wed upon the said canal
lid be a. further Res5i,,ed That Committee
ct i've Delegates be appointed to prepare. and
| sause To oe presented, in behalf Of this Canven.
uol, suitable memorial 10 the State Of Ohio.
soheitnS the cooperation Of that State in the
complexion Of the Ohio and Chesapeake Canal.
and ITS ultimate ecnnexion eith the NAVIGATION
Of Lake Erie; and that, for the latter nurnose
the memorial shall respectfully suggest ths OK.
ped'eisiy o. enGs5ng the sountry, between the
n0rtherGih0s pefl of the river Ohio, and the
southern shore Of Lake Erie. together with the
waters o. orest Beaver and Cayoga Creeks.
and All other intervening waters near the said
route, To be carefully surveyed, with the view
OF ascFr'slnng the prac,cabiilty and probable
cost OF Canal, which, fed by the latter. shall
connect the former
That letter be addressed by the Chairman
OF the Convention 10 the Mayors Of Alexandra.
uSoissto"h' aha w sshington, apprIzing, ulro'
them, theirrespective Corporations. of The pro.
ceedinos OF this Convection, and inviting their
jealous cooperation in giving to them effect
IA another letter be addressed by the Chair.
man, IN bchslf ct this Assembly, to the presi-
dent and Directors Of the Potomac Company,
requesting their Concurrence in the measures
recommended by the preceding resolutions
ReSsfeed, That the Committee before named
be, and they are hereby authorized aud request
ed to use t'eir best exestions to obtain the most
favourable reception for their memoria,s, to as
certain and communicate 10 the Central Cor.
responding Committee, hereinafter named, such
objections, 1t any, as ere opposed to the pray.
ers Of thesr respective memorials, and to de.
wise, It possible, in conjunction with the com.
mon friends OF the Union and prosperity &c the
United States the means of obyisting oil the
impeachment. to their success
I hes3lced. That tor the last mentioned pur
pose, The Delegates of the respective Counties
and Corporations. represented in thsC Convention
be regarded rs Corresponding Committees. and
that i delegates be appointed Central Com
mMtee OF Correspondence, 10 confer with the
Committees before named. to hold stated meet.
mgs IN the CRY of Washington, for the pur
pose OF consulting upon and adopting in behalf
+ OF, the Chesapeake and Ohio Canal such mea
sures as may seem best calculated to assure its
certain ard speedy Accomplishment,
/ JOSEPH KENT, Chairman.
HA