Grand River Navigation Company - We understand that a meeting of the directors of the Grand River Navigation Company, held at Seneca, on Thursday, the 13th inst., notice was directed to be given that the shares of stock which had been forfeited for non payment of instalments, be sold publick auction at 12 o'clock, at noon, on the 25th of July next at the company's office agreeably to law. That an instalment on the capital stock equal to 5 per cent be called in, on the 15th of August next, to complete the works. That all accounts for rent and purchase money for village lots, be made out to the 1st of July, and payment demanded, with a notice to each person owing for the same, and in the event of neglecting to pay, proceedings will be taken to enforce the liquidation. That the tow path from Lock No. 1 to Lock No. 5 be immediately commence, and executed in a workman like manner. That it is highly expedient to complete the canal up to Brantford, at the earliest possible period, and that so soon as the engineer's report be received, the board will adopt measures to accomplish that desirable object.
We understand the works of this canal has been much retarded, and great inconvenience has occurred, by the delay in obtaining Indian title to the lands taken up by the company from them. A resolution to address his Excellency the Lieut. Governour to that effect, was passed at a previous meeting of the board, as also that the solictor be directed to take immediate legal proceedings against proper persons concerned in the Welland Canal, respecting obstruction of the dam of that company across the Grand River at Dunnville. Of the navigation of Lake Erie, we also understand, a memorial embracing these subjects, will be presented to the House of Assembly, at its present setting.
A canal boat is much required on the Grand River, which would no doubt be a profitable concern to the person furnishing one. Seneca is a rising village, the company's lots of land are offered for sale reasonably, and the terms of payment easy. As the distance from this town is only about 12 or 14 miles, the scenery along the banks of the Grand River and its neighbourhood is very beautiful, and with, at no distant period, from its water privlledges be a place of some importance. - Ham. Gazette