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146
to use the electricity for three years and pay for the cost
of the cable required to be laid from the other part of
the parish supplied. The draft Order provides that a
thousand pounds deposit shall be paid to the Board of
Trade within six months of the granting of the Order.
Subsequently a letter was received from the Board of
Trade drawing- the attention of the Vestry to the fact that
the present authorised capital of the Camberwell and
Islington Electric Lighting Power Supply Company appeared
to be only £1,000, and asking whether under the
circumstances the Vestry had satisfied themselves that
the Company would be in a position to discharge the
duties and obligations imposed upon them if the Order
was granted. The Engineer to the Company attended the
General Purposes Committee and explained as to the
financial position of the Company, and also gave additional
particulars in a letter dated 17th February, 1891, which
was reported to the Vestry. The Vestry determined to forward
copy of this letter to the Board of Trade, and inform
them that the Vestry have no observation to make thereon.
The Board of Trade forwarded copy of the Camberwelj
Electric Lighting Provisional Order in the form they propose
to issue it, and were informed that subject to the
various clerical alterations required, the Vestry had no
objection to such Provisional Order.
A copy of an application was also received from the
Crystal Palace and District Electric Lighting Company, addressed
to the Board of Trade, asking for an extension of
time under Sec. 8 of the Provisional Order, 1890 for three
months to enable the Company to comply with the