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purposes, and also to amalgamate with the Ratcliff Gas Company,
the matter was referred to the Works and Survey Committee,
with power to confer with the adjoining Districts supplied by the
two Companies. Representatives were appointed by this Board,
and by the Mile End Old Town Vestry, and the Whitechapel
District Board, and such Representatives had three meetings upon
the subject, and the following Resolutions were passed:—
"That no opposition should be offered to the amalgamation
"of the Commercial Gas Company with the Ratcliff Gas Company."
"That it would be objectionable in the interests of the con"sumers
that an amalgamation should take place between the
"Commercial and Chartered Gas Companies, and that anyproceed"ing
in that direction should be opposed."
"That the Conference recommend that the Commercial Gas
"Companys Bill be supported upon the following conditions:—
"'That the Company agree to insert clauses in the Bill
"'restricting the raising of capital to what may from time to time
"'be necessary to enable the Company to effectually supply the
"' District.
"'That such capital be raised, one moiety in shares, and the
"'other moiety by loans at interest not to exceed £5 per cent.
"That (in the interest of consumers) the dividend, not exceed"'ing
£10 per cent. upon share capital, to be regulated by the
"'price of gas.'"
Metropolitan Gas Regulation Bill.—The Board have
also had under consideration the provisions of the Metropolis Gas
Regulation Bill, in connection with the Commercial Gas Bill; and
it was resolved that in the event of the Commercial Gas Company
agreeing to adopt the terms of the Resolutions passed by the Joint
Committee, the Board give such support to the Company as may
be necessary to enable them to obtain their Act.
Regent's Canal and Dock Bill.—Notice has been given
that application is intended to be made to Parliament for leave to
bring in a Bill for powers to purchase the Regent's Canal Basin;
also to enlarge the present Ship Basin at Limehouse; to make a