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shewn, in Carson v. Blazer, before cited, that the terms months after the publication hereof, provided always, of the conditions and concessions, confining the tenths the usual time allowed for plantations, be already ex of the proprietaries to one place, and to be taken by│pired; and that this extends not to those persons that lot, related only to the grants to the first purchasers. have forfeited their lands in the annexed counties, (the But the proprietor had the right to withdraw any land, three lower counties,) to whom I allowed a year and a not previously appropriated to individuals from the half time, after my arrival, to settle at the old rent, and general mass of property, and to appropriate it to his have nevertheless neglected to do the same; and that the own use. Such was the judicial construction, upon the said commissioners are further desired and required to Springetsbury manor case: See Penn v. Kline, 4 Dal- take the greatest care, that justice and impartiality be las, 407. observed towards all in the disposal of land, as well in reference to quality as quanti y, that what is right in the sight of God and good men, may always be preferred, for it is the best and lastingest bottom to act and build | upon."

William Penn issued his warrant, dated 1st of September, 1700, to Edward Pennington, then Surveyor General, to survey for the proprietor 500 acres of every township of 5000 acres; and generally, the proprietury tenth of all lands laid out, and to be laid out; and similar warrants were issued by the successive proprietaries, to every succeeding Surveyor General. Warrants were likewise issued for the appropriation of the islands in the different purchases.

All these special appropriations to proprietary use, are entered together, since the revolution, and are preserved in the Surveyor General's office.

Regulations of Settlement.

By the fourth section of the concessions and conditions, any number of purchasers, whose number of acres amounted to five or ten thousand, desired to sit together in a lot, or township, their township was to be cast together, in such places as had convenient harbors, or navigable rivers attending them, if such could be found; and in case any one or more purchasers did not plant according to agreement in this concession, to the prejudice of others of the same township, upon complaint made to the governor, or his deputy, he might award (if he saw cause) that the complaining purchaser might, on paying the surveying, purchase money, and interest, be entitled to, and invested in the lands so not seated. And by the preceding article, purchasers from one to ten thousand acres, or more, were not to have above one thousand acres together, unless in every three years they planted a family upon every thousand acres: and by the tenth section, every man was bound to plant his lot within three years after it was set out and surveyed, otherwise it was to be lawful for new comers to be settled thereon, paying the survey money, and the first purchasers were to go higher up for their

shares.

These regulations were certainly neglected, and the proprietor endeavoured to enforce it by proclamation, which still exists on the journals of the commissioners of property, 1687, letter F, in these words, Proclamation concerning seating of land by William

Penn, proprietor and governor.

"Since there was no other thing I had in my eye in the settlement of this province, next to the advancement of virtue, than the comfortable situation of the inhabitants therein; and for that end, with the advice and consent of the most eminent of the first purchasers, ordained that every township consisting of five thousand acres, should have ten families at the least, to the end that the province might not lie like a wilderness, as some others yet do, by vast vacant tracts of land, but be regularly improved, for the benefit of society, in help, trade, education, government, also roads, travel, entertainment, &c. and finding that this single constitution is that which eminently prefers the province in the esteem and thoughts of persons of great judgment, ability and quality, to embark with us, and second our beginning, I do hereby desire,and strictly order my trus ty and loving friends and commissioners, William Mark. ham, Thomas Ellis and John Goodson, or any two of them, that they inspect what tracts of land taken up, lie vacant, and unseated, and are most likely to give cause of exception and discouragement to those that are able and ready to seat the same, and that they dispose of, if not seated by the present pretenders within six

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Given at Worminghurst place, in old England, the 24th of the 11th month, 1686.

This proclamation was published in the province the 26th of the 5th month, 1687.

These proceedings, however, appear to have had no operation, nor does any record appear of any forfeiture, or re-grant of any of the lands surveyed on the original rights. The province continued to increase and pros per, and applications for new lands were almost daily made; the method of townships was very soon lost sight of, and surveys promiscuously made according to the wishes of the purchasers. The warrants in 1701, express "That the land shall be seated within two years after the survey." Vacating warrants will be hereafter considered.

Of surveys, and surplus lands.

a

This subject engaged much of the attention of the first proprietor; he was desirous to be just, but he was tenacious of his rights. There was at the date of his charter, a very considerable settlement on the banks of the Delaware, and the titles were generally derived from the governors of New York, under the crown. The inhabitants were quieted in these titles; and in stances occur of grants from Sir Edmund Andross, which had not been surveyed, being ratified, surveyed and patented by order of the commissioners of property. But it was supposed that these old rights included large quantity of land more than was expressed in the patent, or the possessor had any right to by the original warrants, or orders for the surveying or laying out the same. Large quantities of surplus lands were also sup posed to have been included within the patents issued from his own office. A method was therefore adopted of issuing warrants of the re-survey, and after cutting off the overplus, confirming the quantity first purchas ed, by a new patent. The practice, however, eventu ally failed. It may have been possible that in some ca ses too much land was fraudulently included; but in most instances it may have happened through mistake, or want of skill in the surveyors. Experience has proved that surveys made in early days, especially in a new country, have most generally overrun the measure, upon a re-survey. The system must therefore have be come impracticable, and was discontinued after the year 1713. The proceedings are however here given, as part of the ancient land history of the country.

The following instructions were given by William Penn, on the first of the 2d month, called February, 1686, to his commissioners.

"That no warrant of re-survey be granted by you for land within five miles of the river Delaware, or any navigable river "

"That all overplus lands, upon re-surveys, granted by the former commissioners, not already granted, or not patented, be reserved to my use and disposal."

No lands to be laid out next or adjoining to that in habited, and that in every township one share be re served for the proprietary, with all the Indian fields that are in the said township."

"No land containing mines, to be granted without William Fenn's express warrant. Book F.

In the commission of October 28th, 1701, when the

proprietor was about to sail for England, (book G,)
among other things, he authorizes the commissioners of
property,
"To grant lands for such sums, and quit-
rents, &c. as to them, or any three of them should seem
just and reasonable; also, to sell intervening, concealed,
or vacant lands; to dispose of surplus lands; and to make
satisfaction out of my other lands and estate, (my ap-
propriated land excepted,) in the said province and
territories, as the law in that case directs, for all such
deficiencies in measure, as upon a due re-survey shall
be found in any tract or tracts, or parcels of land, to the
respective persons thereby grieved, &c. And while on
shipboard, on the first of November, by a second com-
mission, he gave them power to erect manors, with ju.
risdiction thereto annexed, as fully as he could do by
the charter. This latter power, however, they declined
exercising,on the application for such a manor in Buck's
county by Mr. Growdon.

The law alluded to, was the law of property, passed at New Castle, in 1700, and confirmed in 1701; which enacted (among other things,) "That any person's lands in this province should be re-surveyed; and if up. on such re-survey (after allowance of four acres in the hundred, over or under, for difference of surveys, and six per cent. for roads,) an overplus shall be found, the possessor thereof should have the refusal of it from the proprietary, at reasonable rates; and in case of disagreement about such rates, the proprietary was to choose two men, and the possessor two more, who should either fix a price on the said overplus land, or appoint where it should be taken off for the proprietary in one entire piece at an outside (saving to the purchaser or renter, his improvements and best conveniences,) any three of whom agreeing, should be conclusive; and the charges of re surveying should be borne by the purchaser, or renter of the main tract, if he bought the overplus, or if not, then by the proprietary; and that deficiencies should be made good by the proprietary, according as he received for overplus land as afore

said."

naming, or not true naming counties, or places where the lands were situated, &c. But nothing therein contained, obliged the proprietary to make good any patent annihilated, or made void by due course of law; or to make good to any purchaser of a right, or rights to unlocated lands, who inadvertently, or by misinformation, had obtained, or should obtain a patent or confir mation of lands which should be discovered to be the prior right of another person, further or any more, than the same quantity of land in the next advantageous place that such purchaser should choose and discover to be vacant and free from all other claims. But where such prior right should appear and take effect against any such person or persons, who had purchased the same tract, or parcel of land of the proprietary, or his commissioners, or agents, by a certain name, or by any agreed location in that particular place, or the warrant expressing the same accordingly, then, and in such case, the proprietary, his heirs and executors, should refund and make good such second purchaser the full sum or value, which he the said proprietary, or his agents, did receive for the same, together with lawful interest, from the time such payment was made; and in both the above mentioned cases, if the latter purchaser, his heirs or assigns, shall have made any improvements on the said land, such improvements were to be valued by persons indifferently chosen, and paid for by the first purchaser.

And as several persons had obtained grants or patents before the date of the charter, for more lands than they had any right to by their original warrants, or orders for the surveying, or laying out of the same, they were not to be confirmed, but as to the residue or overplus of said lands, were declared to be null and void, and of none effect; and new patents were to issue for the quantity they were entitled to

The act then proceeded with respect to the re-surveys which had been made under the act of 1700, and the overplus was to be offered to the possessors at reasonable rates, to be fixed, in case of disagreement, by Under this act many re-surveys were made, and referees, who were to fix the price, or appoint where over-measure found; but the act expired before the it should be taken off for the proprietary, in one entire same could be cut off, or the rates settled; and the pro-and convenient piece, at an end or outside, saving, prietary was not satisfied for his over-measure; in consequence of which the act of 1712, entitled "An act confirming patents and grants," (chap. 183, and Carey's and Bioren's appendix,) was passed.

to the possessor his improvements and best conveniences, and the residue was to be confirmed to the owner by a new patent, and the overplus be disposed of by the proprietor.

If upon any such re-surveys any tract had been found deficient in the number of acres for which it was at first granted, all such deficiencies were to be made good by the proprietary, after the same rate he received for overplus lands in that neighborhood.

This act was repealed in council, 20th of February, 1713. Votes of assembly, vol. 2, p. 150.

This act confirmed all lands which any person or persons held and enjoyed, or ought to have, hold, and enjoy within the province, as well by or under any old grant or estate from the proprietor, or his commissioners of property and agents, pursuant to such person's right, &c. as also by, or under, any old grant, patent or warrant obtained from governors or lawful commissioners under the crown of England, before the charter to The resuming surplus lands, and allowing for defithe proprietary, or by any other legal, or equitable ciencies, appear by this act to have been mutual stipugrant, right, title, entry, possession, or estate whatso-lations between the proprietary, and the people. We ever; but it was not to be construed or adjudged to confirm any lands taken up by virtue of the said old grants, which were not duly seated or improved by the grantees, or their assigns before the year 1682, nor for any more, or greater quantity, than should appear by any grant from the proprietary, or from his predecessors, the former governors aforesaid, to be the grantee's just due (over and above the six acres by the said proprietary allowed to be added to every hundred acres of lands for roads and barrens, and the four acres, over or under, to be accounted for difference of surveys;) nor to create a right to the possessor or claimer of lands, that were not taken up, or surveyed by virtue of a warrant, or order, from persons empowered to grant the same, and by a surveyor appointed for that purpose.

find nothing more, however, upon record, respecting re-surveys, after this period. With respect to the allowance for deficiencies,the instances in the proprietary times are numerous; and it appears to have been a principle, to allow a credit for over-payments, upon the most equitable of all rules, that no man should be compelled to pay for that which he could not obtain, or where the consideration had failed. With respect to laying warrants, or locations on other advantageous places, not at first contemplated, or what is called shifted warrants; that subject will be considered in its proper place, in the note.

(To be continued.)

LIBRARY OF FOREIGN LITERATURE.

At a meeting of the Stockholders of the Pennsylvania Library of Foreign Literature and Science, held at the Library, under the Athenæum, on Monday, 11th No

The Roll's office was declared to be an office of record; and all patents to be matters of record, and to have no need of delivery before witnesses, livery and seizin, or acknowledgments, as deeds of other persons. No patents to be prejudiced by mis-recitals, or for mis-vember, 1833. VOL. XII.

44

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charge of his duty without an acquaintance with that one of the European languages which embodies so much profound theological learning. In proportion too to the extent of commercial enterprise and to the intimacy of national relations, does this general necessity increase. In our own country to which, whether as a land of refuge or a land of promise, ready access is gi ven to strangers of every clime and of every tongue, and among our own countrymen, whom the restless spirit of adventure is hourly leading within the circle of every idiom that the tongue of man uses, this department of useful knowledge ought to have, and has innumerable votaries. It was upon the conviction that such a disposition existed, and upon the admitted absence of the necessary facilities to improve it, that the individuals with whom the design of a Foreign Library originated, mainly rested their hopes of success. It has been too with a steady view to this object that the Directors have endeavored to expend the funds entrusted to them, and in resigning the charge of a Library to their successors they can with confidence invite an inspection of all who are interested in the subject to the results of their labours. Taking into view the necessarily limited number of their purchases, and the mistakes incident to untried agencies abroad, they have no hesitation in saying that in the department of German, Spanish, Italian and a portion of the French books, there is not a better selection in this or any oth er neighboring city. As to what amount of credit is due to those who have thus far promoted this plan, the Directors do not feel at liberty to speak. Looking to results, and to the fact that not only has this institution been enabled to place on its shelves a very respectable library, amounting to between two and three thousand volumes, but that others, influenced by example, or stimulated by an awakened sense of what is due to the wants of the reading community, have been led to make extensive and valuable purchases in the department of foreign literature, they cannot withhold the expression of gratitude for the public spirit in which this project had its origin, and by which alone, under se vere discouragements, it has been sustained.

In referring to the fair prospects of the Institution, the Directors are far from wishing to be understood as representing it in such a condition as to render public support and patronage unnecessary. They appeal to the public for assistance, with the conviction that it is deserved for what has been done, and required for what is to be done hereafter. It is desirable that the library should be rapidly increased, and that the demand for contemporary works, more especially in the French and German languages, should be satisfied. To enable the Company to do this, they must rely on the continued patronage of their fellow citizens. They have no reason to suppose it will be withheld.

The Directors of the Foreign Library, in presenting their Annual Report, have great pleasure in assuring the Stockholders that there is every reason to believe that the public favour which was extended to their infant institution, has not been withdrawn, and that, after struggling with difficulties of a most peculiar kind, the prospects which seemed to justify the most sanguine hopes of success at the time the Association was formed, are still fair and open. What those difficulties were, and how they have operated, it is scarcely necessary at this time to say. It is sufficient for the Directors to assure the Stockholders that, although at the time productive of serious embarrassment, there is great reason to believe, that in public estimation they were much exaggerated. They are now happily removed. The Directors believe that with a moderate portion of patronage, or even with faithful co-operation on the part of the Stockholders, there can be no doubt that this Institution will continue to be a benefit and ornament to the community in which it is fixed. Had a different result ensued, and had this library, in consequence either of indifference or of hostile influence, been allowed to fall into decay, a problem of no very gratifying solution would have been presented, and it might have been asked, why at a time when the study of the modern languages was so generally pursued, the only institution in this city, (we may perhaps say in this country,) which afforded peculiar and exclusive facilities to such students should be allowed to expire, for want of the moderate sustenance that it required. The Directors have no wish at this time to say any thing in relation to the merits of this Institution in affording facili The Board have great pleasure in announcing that ties of this kind, or to attempt in any way to impress the Mr. Duponceau, the senior Vice President of the Sopublic mind with a sense of the advantages to be deriv-ciety, in accordance to their renewed solicitation, has ed from such studies. It would, they are aware, be consented to pronounce a public discourse before them wholly unnecessary. A single remark they will offer, some time in the early part of January next. By a only however, with a view to illustrate the design of vote of the Board, the library has been removed to one the founders of this Library Company, and the mode of of the large rooms in the basement of the Athenæum administration which the successive Boards of Direc- buildings, where, on Wednesday and Saturday of each tors have adopted. The acquisition of Foreign Lan- week, from two P. M., till sunset, a Librarian will at guages ought not to be regarded as a matter of mere tend for the distribution of books. Catalogues will soon literary accomplishment. In our country especially, be ready. where industry has other aims than pure scholarship, this kind of knowledge is made subservient to more practical purposes, and few study a foreign language in order to enjoy its literature in comparison with the numbers who in one way or another, are endeavor ing to acquire it, so as to advance them in the varied FINANCES OF PENNSYLVANIA. pursuits of active life. The man of science, the lawyer, The following extracts are prepared for the Harristhe physician and the merchant, find their professional burgh Chronicle, from the report of the Auditor Geneeducation complete without it, and it may be safely ral, for 1833. The first statement shows the receiptssaid that no teacher of religious truth can be considered the second the expenditures, and the third the amount as qualified, in point of literary acquisition, for the dis- of tolls taken on each division of canal, all the state

All of which is respectfully submitted.
JOHN SERGEANT, President.
F. FRAILEY, Secretary.

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ments being from the first of November, 1832, to the John Mathews, Johnstown, Western Divi31st of October, 1833.

sion,

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875 00

14,225 00

4,355 85

4,993 20

736 71

250 83

5,440 16

John W. Miles, do.

2,117 89

112 83

Tax on writs, &c.

24,771 00

Samuel Headly, Berwick,

3,416 32

Fees, Secretary of State's office,

728 33

Caleb Dusenbery, Easton, Delaware Di

Tavern licences,

52,267 16

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Charles B. Knowles, New Hope,

1,675 03

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William T. Rogers, Bristol,

6,915 65

Collateral inheritances,

160,626 26

William F, Swift, late

do.

4,503 00

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Enoch Davis, Columbia and Philadelphia
Rail Road,
John Speakman, late

3,323 64

do.

1,678 94

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Tin and clock pedlers' licences,

Hawkers' and pedlers' licences,
Increase of county rates and levies,
Tax on personal property,
Escheats,

Canal tolls,

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43,685 47 1,742 99 151,419 69 2,539,987 00 335,651 72 102,297 90

5,119 74

4,047,050 62
117,167 16

$4,164,217 78

$2,588,879 13
212,940 95
20,776 99
29,303 21
7,954 48
5,000 00

91,317 47

It will be seen from the above, that the amount of tolls realized, within the fiscal year is $151,419 69.Last year the sum taken, in the same period, was $50,909 57-and from that time until the 1st of Janua

y. about 5,000 dollars additional was collected, making in all upwards of 55,000 dollars. The present year up to this date, shows nearly 165,000 dollars accounted for at the Treasury, and a further sum of 30,000 will be realized before the first of January, making in all, 195,000 dollars, more than three times the amount collected in 1832.

The above facts and figures are conclusive evidence to the friends of Internal Improvement in this quarter, that the present system is one of sound policy, and will yield in a few years, a sufficiency of revenue to pay the interest upon the money borrowed to complete it. The tolls for the next year, may safely be set down at from 450 to 550,000 dollars.-Chronicle,

ANNUAL REPORT

351 00 Of the President and Managers of the Union Canal Company, November 19, 1833.

187 30

755,444 01
44,312 50
23,047 75
1,350 22

581 50

160 00

12,187 97

$3,796,794 48
367,423 30
$4,164,217 78

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The regular period prescribed by the charter, for submitting the annual statement of the affairs of the Union Canal Company to the examination of the stock. holders, having arrived, the President and Managers have much satisfaction in laying before those interested such information respecting the state of the works, and the improved prospects of the Company, as will go far to verify the predictions continually made, and now about to be realized, concerning the efficiency and uti lity of this great and expensive undertaking.

The Union Canal opened for navigable purposes on the 20th day of March last, since which time loaded boats have been passing and re passing without interruption, with the exception of a few days, owing to the necessary repairs of lock No. 43 east, which had proved defective in its construction. Notwithstanding the increased and growing trade upon this canal, it is with much pleasure the Board can state, that at no time of this season, has there been any deficiency of water for the passing of the trade; and as measures are now in progress for permanently improving the works, by means of a new cylindrical feeders, not liable to prema. ture decay, or leakage, and having within reach an additional supply of water from the Quitapahilla source, (heretofore untouched,) they are firmly of opinion tha no further apprehension need be entertained as regards a full and constant supply of water, sufficient to accommodate whatever number of boats may present them. selves.

114 62 3,564 08 The tolls received from the 1st of November, 1832, 3,847 10 to the 1st of November, 1833, amount to $103,462 45,

showing an increase over last year's receipts of 75 per cent., the tolls of that year amounting to $59,061 06thus establishing the fact that the anticipations of the Company have not been based upon idle or illusory speculations, but founded upon sound and correct calculation. It is a subject of pleasing reflection, not only to the friends of the Union Canal, but to all who feel an interest in the welfare of our State, and of internal improvements, to find that whatever discouragement may cloud the incipient prospects of these great and expensive works, all difficulties may be surmounted by perseverance and good management, and the result prove beneficial and profitable to those who have invested their funds in the undertaking. A large and progressively increasing trade may be safely calculated on from year to year, through this Canal, aided as it will be by the completion of the State canals, and other valuable improvements facilitating and enlarging the transportation to and from the most distant quarters of the commonwealth.

involved a large expenditure of money. They were however necessary, are of a permanent character, and by the estimation of Mr. Canvass White, were comput. ed at $103,565.

The Company's pecuniary situation, agreeably to their last Report, was not competent to meet such heavy expenses, and it was deemed proper to ask legislative aid, to enable the Company to surmount these difficulties, and promote an improvement indispensable to the success of the great State Canals. In consequence of the application made to the last Legislature by the Board of Managers, by direction of the Stockholders, an Act was passed entitled, "An Act for the entire abolition of Lotteries," which enactment authorises the Governor to subscribe on the part of the Commonwealth for one thousand shares of the Capital Stock of the Union Canal Company to aid in making the necessary repairs and improvements to the works, and render them more perfect and permanently useful. In payment of this subscription, the Governor was authorised to issue The improvements which have been authorised by a Certificate of Loan in favor of the Union Canal Comthe Board of Managers, and which are now being exe-pany of Pennsylvania for two hundred thousand dollars, cuted, are agreeably to the directions of Canvass White, bearing an interest of 44 per cent., payable half yearly Esq., who has acted as engineer-in-chief, on the line of on the first days of February and August, the principal the Union Canal. to be redeemable at any time after the 10th of April, 1863, and making it the duty of the Company to apply the proceeds of any part of said loan which they might sell exclusively in making and completing the repairs and improvements of the works of the Canal. This Loan was granted with the express condition, that the Union Canal Company should release the Commonwealth from all claims under the Lottery grant, and the guarantee of interest made by the State to the new Stockholders under the Act of the 26th of March, 1821.

They consist principally of a new cylindrical feeder, to convey the water of Swatara, lifted by hydraulic machinery, to the summit level. This circular feeder, or aqueduct, will be 3 feet 6 inches in diameter, made of the best white pine plank, three inches thick, jointed, and firmly bound together by iron bands, and will extend from the water works to the summit level, a distance of nearly four miles. It is intended as a substitute for the present open trough feeder, which has become decayed and leaky. It is believed the new plan, when executed, will be a great saving of water, not being liable to leakage, and constructed so as to prevent premature decay, by covering the superstructure with a roof, and defending it from the moisture of the earth beneath.

Upon the passage of the Act of the first of March last, "for the entire abolition of Lotteries," coupled with the condition of the State subscription, the Board of Managers were of opinion, that it would be decidedly the interest of the company to accept the terms of this act, as a mark of deference to the State authorities, and in conformity with the voice of the moral public, which called loudly for the suppression of Lotteries. They therefore, at a special meeting of the Stockholders, called for the purpose of taking the subject into consideration were authorised by a resolution, to execute, in the name and behalf of the Company, the releases required by the provision of the 3d section of the law. Thus, by accepting these conditions, the company has received the certificate of State Loan for $200,000, and relinquished the right of raising money by way of Lottery, from and after the 31st day of Decem ber next, from which period the Lottery privileges will cease and determine.

In addition to the supply of water obtained for the summit by this feeder, another ample resource is at hand. One of the steam engines has been transferred from the water works on Swatara to McLaughlin's pond near Lebanon, for the purpose of throwing into the summit level an extra supply of water, when any apprehension of scarcity is entertained. This pond forms the principal head of the Quittapahilla, the waters of which as yet have been untouched by the Company. From its proximity to the summit (about half a mile) and the abundant supply, so easily obtained in case of need, it is confidently believed, that the canal will at no time hereafter be deficient in water. Particular pains and care will be taken, that this water do not escape by means of leakage, as the bottom of the Owing to the manner in which the law has been Canal over this treacherous ground will be doubly lined worded, authorising the issuing of the Certificate of with plank, which have been purchased and transport- Stock, the Governor did not think he was empowered ed to the points where leaks have heretofore occurred. to issue the same, so as to make it divisable or assignaAlong the line of Canal a number of new houses, for ble, and the certificate was issued in favor of the Union the accommodation of Lock-keepers, has been erected, Canal Company in one entire sum of $200,000, without which although adding to the expense, were necessary their having the power to divide or transfer the same for the prompt passage of boats through the locks, as into smaller parts. This defect has prevented the Comwell as to prevent a waste of water which has frequent-pany thus far from availing themselves of the benefit of ly occurred by inattention to the gates.

The Rail Road mentioned in last year's report as in progress, has this season been completed under the particular superintendence of Mr. Benjamin Aycrigg, the Engineer, employed by the Company. This Rail Road is now in operation; it runs from the basins of the Canal at Pine Grove to the vicinity of the Coal region, above Pine Grove, and forms a junction with the Lorberry Rail Road, which extends to the Coal Mines. From this quarter, a considerable trade may hereafter be expected, advantageous to the Canal Company, and opening a market for Anthracite Coal, which may be readily transported either to Philadelphia or the Susquehanna Outlet. These improvements and repairs

the State Loan, as they could not sell or assign the same in portions to suit the wants of the Company. They have little doubt, however, that upon a represen tation being made to the Legislature, this oversight will be remedied.

In the mean time, to meet the current expenses of the improvements and repairs, the managers were obliged to have recourse to the tolls received on the canal, which have been applied in discharging the debts incurred in the prosecution of the works. These tolls will be replaced to their legitimate objects, as soon as funds can be raised from the disposition of the State Loan.

In conclusion, the Board congratulate the Stockhold.

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