Content
Note
This
series consist of the minutes of the weekly, special, and (later)
annual meetings of the canal company's board of directors and stockholders,
as well as minutes from three standing committees of the board.
General
Minutes of the Board: In the earliest years of the company
(1828-1836), the board minutes deal chiefly with the acquisition
of lands and flowage rights, purchase of building materials for
the completion of the canal, and solicitation of subscriptions.
After 1836, the focus of the minutes shifts away from the actual
operation of the canal to the company's finances -- its assets,
debts, stocks, and loans. From 1871, when the canal was leased
to the Lehigh Valley Railroad Company, to 1923, when it was turned
over to the State of New Jersey, the minutes consist mainly of general
reports on company finances, Lehigh Valley's management of the canal
and the general corporate affairs of the company. There are
occasional references to the proposed abandonment of the canal from
1903 through 1922; however, for the most part the minutes for this
time period record the routine business of the board, such as election
of officers, reports of expenditures, etc.
After
1923, when the canal was turned over to the State of New Jersey,
the minutes discuss the reorganization of the company and then,
increasingly, the business of leasing and selling company lands,
dismantling the canal, and maintaining and improving the remaining
waterways and bridges. The volume of the minutes tapers off
after the 1940s.
Two
fairly comprehensive, name- and subject-indexes exist for portions
of the board's minutes: a single volume indexes the period
1833-1842 (vols. 3 & 4 below), while a card file covers the
period 1931-1954 (vols. 9 & 10).
Minutes
of the Standing Committees: On 30 November 1844, the board
of directors authorized the creation of two standing committees
-- the Finance Committee and the Canal Committee. Two years
later, on 6 April 1846, the number was increased to five standing
committees, as follows: 1) the Finance Committee, to supervise
the "monied operations" of the Company; 2) the Committee
on Canal Improvements and Repairs, to recommend canal policies and
to hire superintendents, lock tenders and plane tenders; 3) the
Committee on Business over the Canal, to fix toll rates and to promote
business on the canal; 4) the Committee on Unsettled Claims, to
attend to the adjustment of all disputed accounts; and 5) the Committee
on Accounts, to examine the monthly accounts of the cashier.
This series consists of the minutes of the first three committees.
The
finance committee's records are fairly routine, chiefly consisting
of summary reports (most of which can also be found in the board's
own minutes). The minutes of the canal committees, however,
are much more informative. The records of the Committee on
Improvements and Repairs document the hiring of canal personnel,
as well as the adoption of regulations concerning boats and their
passage on the waterway. The minutes of the Committee
on Business over the Canal, on the other hand, reveal in considerable
detail the company's policy in setting rates and promoting traffic
on the canal.
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