Eventual Dividends
By the middle of the nineteenth century it proved possible to pay a small dividend, the debt to the Exchequer Bill Loan Commission having been repaid with the help of a loan of £60,000 from the Pelican Life Assurance Company. In 1871 the last of the debts incurred in the course of funding the canal including the Pelican Life Assurance Company loan were paid off. Where the Severn Railway Bridge (completed in 1879) passed over the canal a swing section was constructed to avoid restricting headroom.
Read more about this topic: Gloucester And Sharpness Canal
Famous quotes containing the word eventual:
“The eventual shapes of all our formless prayers,
This dark, this cabin of loose imaginings,
Wind, lake, lip, everything awaits
The slow unloosening of her underthings.”
—Anthony Hecht (b. 1923)