Parrett Navigation Company
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The Parrett Navigation Company was formed to improve river navigation on the
River Parrett The River Parrett flows through the counties of Dorset and Somerset in South West England, from its source in the Thorney Mills springs in the hills around Chedington in Dorset. Flowing northwest through Somerset and the Somerset Levels to it ...
, Ivelchester and Langport Navigation and linked waterways. Tolls were introduced to pay for the improvements. It was a trading Company owned by Vincent Stuckey and
Walter Bagehot Walter Bagehot ( ; 3 February 1826 – 24 March 1877) was an English journalist, businessman, and essayist, who wrote extensively about government, economics, literature and race. He is known for co-founding the ''National Review'' in 1855 ...
. The company was formed by the Parrett Navigation Navigation Act 1836, prior to this maintenance of the banks had been the responsibility of the riparian owners (Frontagers) under the authority of the County Commissioners. The Act authorised improvements to the River Parrett below
Langport Langport is a small town and civil parish in Somerset, England, west of Somerton in the South Somerset district. The parish, which covers only part of the town, has a population of 1,081. Langport is contiguous with Huish Episcopi, a separate ...
, the construction of a canal to Westport. The Act gave the newly formed Parrett Navigation Company powers to raise £10,500 by the issuing of shares, and an additional £3,300 from a mortgage if required.''The Canals of South West England'', (1967), Charles Hadfield, David and Charles, The engineer for the whole scheme was
William Gravatt William Gravatt FRS (14 July 1806 – 30 May 1866), was a noted English civil engineer and scientific instrument maker. Apprenticed as a mechanical engineer in London from aged 15, after interview he worked with Sir Marc Isambard Brunel on t ...
, who had previously worked on the
Bristol and Exeter Railway The Bristol & Exeter Railway (B&ER) was an English railway company formed to connect Bristol and Exeter. It was built on the broad gauge and its engineer was Isambard Kingdom Brunel. It opened in stages between 1841 and 1844. It was allied with ...
, and he was assisted locally by Charles Hodgkinson. The cost of the initial work on the River Parrett exceeded the budget, and a second Act of Parliament was obtained in 1839, to allow the Company to raise another £20,000 and to increase the tolls. Local merchants sought to oppose the increase by opposing the bill, but Benjamin Lovibond, who was acting for them at the House of Commons, produced a petition, which was investigated by a Select Committee and found to be forged. In 1839 they demolished the nine arch Great Bow Bridge and replaced it with the present bridge to allow larger boats to travel beyond Langport. Normal canal tolls were charged for use of the canal, and there was a toll for trade passing under the rebuilt bridge, but some of the shareholders felt that boat users on the River Ivel (also known as the River Yeo should also be charged, since the water levels on the river had improved since the construction of the Parrett Navigation works.G. Body and R. Gallop, (2006), ''Parrett River Trade'', Fiducia Press, The
Bristol and Exeter Railway The Bristol & Exeter Railway (B&ER) was an English railway company formed to connect Bristol and Exeter. It was built on the broad gauge and its engineer was Isambard Kingdom Brunel. It opened in stages between 1841 and 1844. It was allied with ...
opened in late 1853, and the effects on the navigation were immediate, with receipts dropping from £1,440 in 1853 to £673 by 1857. The Company paid its final dividend in 1872. In 1875, parts of Westmoor were flooded, as a result of the Company being unable to repair the culvert under the river at Huish Bridge, and Mr Thomas Mead opened the Langport lock gates to lower the upstream water levels. The Company had no option but to stop collecting tolls, and the gates were still open in 1877. On 1 July 1878 the Somersetshire Drainage Act was passed by Parliament, providing for the transfer of the navigation to the Drainage Commissioners at no cost, with options to abandon any or all of the navigation. In the 1870s navigation works ceased, the company became insolvent, and the company's property was given to the Somersetshire Drainage Commissioners.


References

{{reflist Companies based in Somerset British companies established in 1836 Companies disestablished in the 1870s Defunct companies of England Waterways organisations in England