As it may be doubtful whether under the authority of the present act of parliament the trustees may legally apply the 5 per cent. fund to the purpose of a sinking fund, the committee appointed to prepare the new act may be instructed to consider of this subject, and also for better securing the due payment of the 5 per cent. fund at stated periods, along with the interest of the debt, to the general treasurer.
I have great pleasure in being able to continue to give a favourable report of the conduct of the sub-surveyors.
(Signed) John Loudon MᶜAdam.
8th March, 1819.
The foregoing is a true copy from the book of proceedings of the trustees of the Bristol turnpike roads.
Osborne & Ward, Clerks.
Bristol Turnpikes.
At a Meeting of the Trustees for the care of the several roads round the city of Bristol, holden on 7th December 1818, at the Guildhall in Bristol.
Thomas Daniel, Esq. in the Chair.
It appearing that under the triennial appointment of Mr. MᶜAdam, his office of general surveyor will cease on the 16th day of January next;—