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61
The practical result of this enactment is that if the
Company pay a dividend of 10 per cent. to their ordinary
shareholders they may charge 3s. 9d. per 1,000 feet for
common gas. If their profits enable them to pay 11 per
cent. they must reduce their charge to 3s. 5d.; if, on the
other hand, profits fall off and only admit of a dividend
of 9 per cent. the price of gas may be raised to 4s. 1d. per
1,000 feet.
The above-mentioned provision does not apply to the
charge for gas supplied to public lamps, which is regulated
by a provision in an Order in Council, dated the
22nd May, 1883, confirming the scheme for the amalgamation
of the London Gas Light Company with the Gas
Light and Coke Company. The charge for public lighting
is thereby fixed for the whole of London at the lowest rate
in force, for the time being, for private lighting in
any part of London. The South Metropolitan Gas Company
have not seen the necessity of increasing their charge
to private consumers, consequently the cost of public
lighting north of the Thames remains unaltered.
PRIVATE LAMPS
The Vestry some years since decided not to permit the
erection of Private Lamps, except upon the following conditions
:—
1. That no part of such Lamps shall be less than 10 feet in
height from the public footway.
2. That no such Lamps shall in any case project further than
the inside of the kerb bounding the footway.