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the purpose; also that £1030 would be a fair and
suitable sum to be deposited by the Company as a
guarantee of good faith, and to protect the Vestry
against possible liabilities as to cost of works by way
of disturbance of the roadways, and that with
regard to the condition laid down by the Vestry of
the 28th February last, when they gave their consent
to the schemes, viz., that the Companies enter
into an agreement or embody a clause in the
Provisional Orders that they will be responsible
for the repair of the paving over the pipes for a
period of three years following the laying of such
pipes, the Board of Trade stated through their
representative, Mr. Courtenay Boyle, that it was
not in their power to impose such a condition
legally as the clauses in the Gas Act relating to
paving were incorporated in the Electric Lighting
Act, nor did they think it necessary, having regard
to the nature and extent of the disturbance of the
roadway for Electric Lighting purposes.
On the 1st July the Board of Trade forwarded a
copy of the London Electric Supply Corporation's
Order, and stated that a Bill to confirm such Order
would be introduced into the House of Commons
at the earliest possible moment, and such Bill was
duly introduced and passed. The Board subsequently
forwarded a statement furnished by the
Company as to their financial position for carrying
out their Order by which it appeared that the total
capital is £1,1,250,000 of which £605,000 was paid
up, £200,000 subscribed but not paid up, and
£445,000 unissued. The Company forwarded for
the information of the Vestry a sample of their
main for electric lighting purposes. On the 15th
November the Board of Trade informed the Vestry
that the Company have secured to their satisfaction
the sum of £13000, and that they are satisfied that