p.3 At a Meeting of the Committee of Management, held at Gananoque, 28th August, 1830, for the purpose of building a new Steam Boat, as agreed on, the 14th day of August instant:
Present - John Macdonald, Esq., President,
John R. Glover, Esq.
A. McMillan, Esq.
Henry Jones, Esq. and
1st - It was resolved that Alexander McDonald of Prescott, be Agent, Secretary, and Treasurer to said Committee.
2nd - Resolved - that the said Boat shall be built at Gananoque, and be called William the Fourth.
3rd - Resolved, that the William the Fourth shall be built about the size of 300 tons: namely, 130 feet extreme length, 25 feet Beam, and 10 feet hold.
4th - Resolved, that the President will endeavour to ascertain if two Engines of 50 horse power each, can be had in Montreal, and at what price, to be ready by the first day of July, 1831.
5th - Resolved, that the President and Agent be, and are hereby, authorized to correspond with the proper persons to find out the quantity, quality, and costs of the materials which may be required for the building of the said boat.
6th - Resolved, that the President and Agent shall engage a master Builder.
7th - Resolved, that 10 per cent on each share of the stock subscribed, be paid to the Treasurer, agreeable to the Articles of Association.
Secretary & Treasurer.
Whereas, by articles of Association entered into by persons, for the purpose of building a Steam Boat, to ply between Prescott, and the Head of the Bay of Quinte, to be 100 horse power - and whereas the said Articles of Association authorises the Committee of management to call a certain proportion of the stock subscribed, and not exceeding 20 per cent, on each share, at any one period.
Public Notice is hereby given to all Stockholders in said Boat, to pay into the hands of Alexander McDonell, of Prescott, on or before the 10th day of October next ensuing, 10 per cent, on each share subscribed.
A. McDONELL, Secretary & Treasurer.
N.B. For the accommodation of those who cannot conveniently remit the money to Prescott, Captain Gilderslieve and David J. Smith, Esquire, will receive the amount of percentage from the Stockholders in Kingston, and the Bay of Quinte.
A. McD. S. & T.