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nominal consideration; and Messrs. Middleton were willing to
give up their interests also for a nominal consideration, subject to
the Board purchasing the interest of Mr. Haden, and Mr. Wood,
in respect of Nos. 171 and 181, and giving possession to Messrs.
Middleton of the surplus portions of the said premises not required
for the Improvement.
I was instructed to negociate with Mr. Haden, and Mr. Wood,
for the purchase of their interests in the property, and ultimately
terms were settled and the property conveyed to the Board at a
cost of £3,800. The Metropolitan Board were applied to to contribute
half the cost of the Improvement, which that Board has
consented to do. The sum of £3,800 has been borrowed from the
Metropolitan Board of Works for the purposes of this Improvement,
to be repaid by equal annual instalments extending over a
period of 54 years, and to bear interest payable quarterly at
£2 18s. 6d. per cent, per annum.
BILLS SN PARLIAMENT.
In the Regent's Canal and Dock Bill a clause was inserted at
the instance of the Thames Conservancy for the construction by
the Canal Company of two Landing places in lieu of those known
as Kidney Stairs, and Duke Shore Stairs.
Numerous clauses were also inserted at the instance of this
Board for the protection of the interests of the Board and the
District.
A requisition was made by the promoters as to certain concessions
they required to be made for the formation of Tramways
across Fore Street and Narrow Street, and also Tunnels under, and
Bridges over, the same streets. The requisition was granted by
the Board upon certain conditions, and an agreement was entered
into between the Board and the Promoters lor carrying the same
into effect.