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Volume Ten - Pre-Victorian to the present day - even more aspects - Penarth Harbour, Dock & Railway Company . . .

12.2.1859 : Tenders for Dock &c. and Branch Railway.

Earthwork
Masonry
Woodwork
in bridges
Piling
Maintenance
Nos.30
33
34
William Webster
1/-
1-10-4
1-6-4
1-9-0
2/10
3/3
£5,000
Waring Bros.
1/1
1-2-0
1-1-0
1-3-0
3/-
3/6
3,000
Richard Hattersley
1/2
19-6
17-6
1-5-0
4/9
4/-
600
W. & J Tredwell
1/2
17-6
17-0
18-0
3/4
3/6
600
Jos. Fairbank
1/1½
16-0
13-6
14-0
3/6
3/-
1,000
John Logan
1/0½
14-6
14-0
14-0
5/-
3/3
500
Thos. Brassey
11¼d
12-6
11-0
17-0
3/6
3/-
2,000
Thos. Nelson
11¾d
13-3
11-3
19-0
3/9
4/-
1,500
H Lee & Son
10d
11-3
10-9
15-0
4/-
3/-
700
Smith & Knight
9¼d
12-0
10-6
16-0
3/6
3/-
1,000

After a full discussion on each, it was . . .

Resolved, that the Tender of Messrs. Smith & Knight be hereby accepted, subject to the modifications and terms agreed upon between the Directors and Mr. Knight as shewn on the document to which Mr. Knight and Mr. Hawkshaw affixed their initials. Subject also to Messrs. Smith & Knight taking £20,000 in shares, and the principle of the payments to be made to them being : -

85% of each Certificate in Cash.
10% of each Certificate in shares, paid up, entitled to dividend but not to interest.
5% of each Certificate retained till 12 months after contract completed.

23.2.1859 : Contract with Messrs. Smith & Knight ordered to be sealed.

23.3.1859 : Resolved, that Mr. Hawkshaw be authorised to give Messrs. Smith & Knight an undertaking that they will not be required to use Newbridge Stone in hollow quoins, door cills, door copings &c., but may do so if they like.

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